TLRY - Weekly Cannabis Report: These Catalysts Could Spark The Next Rally
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 rebounded last week led by the U.S. sector. Horizons Marijuana Life Sciences ETF (OTC:HMLSF) rose 0.9% and the ETFMG Alternative Harvest ETF (MJ) gained 2.6%. Meanwhile, Horizons U.S. Marijuana Index ETF rebounded 6.2% despite heavy losses since it launched this year.
(Source: Bloomberg)
Canadian Large-Cap: Canopy (CGC) fell 2% after reporting fiscal 2019 Q4 results that disappointed investors. Aurora (ACB) declined