TLRY - Weekly Cannabis Report: The End Of An Era At Canopy Growth
Welcome to our Weekly Cannabis Report, a reliable source for investors to receive the latest developments and analysis in the cannabis sector.
Trading Summary
Cannabis stocks continued to be under pressure. The Horizons Marijuana Life Sciences Index ETF (HMLSF) declined 0.7% and the ETFMG Alternative Harvest ETF (MJ) gained 0.2%. Meanwhile, the Horizons U.S. Marijuana Index ETF declined yet another 1.7%, continuing its slump in 2019.
(Source: Bloomberg)
Canadian Large- and Mid-Cap: Canopy (CGC) was flat after its CEO and Chairman was fired over reported disagreements with leadership at Constellation (STZ). Tilray (TLRY) was up