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GNLN - Weekly Cannabis Report: The Perils Of Weak Balance Sheets
Greenlane Holdings Inc.
Welcome to our Weekly Cannabis Report, a reliable source for investors to receive the latest developments and analysis in the cannabis sector.
Trading Summary
The selloff deepened as cannabis stocks face one of their worst crisis in recent memory. Horizons Marijuana Life Sciences Index ETF (HMLSF) collapsed 10.0%, ETFMG Alternative Harvest ETF (MJ) fell 7.5%, and Horizons U.S. Marijuana Index ETF astonishingly lost 17.1%.
(Source: Bloomberg)
Canadian Large- and Mid-Cap: All cannabis stocks were crushed last week as investors fret over the vaping crisis in the U.S. Canada is scheduled to