IVITF - Weekly Cannabis Report: U.S. Earnings Season Ramps Up
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 traded slightly lower during a short week due to Thanksgiving. Horizons Marijuana Life Sciences Index ETF (OTC:HMLSF) declined 2.9% while the ETFMG Alternative Harvest ETF (MJ) lost 1.9% last week.
Canadian Large-Cap: Canadian stocks continued to exhibit softness after a sharp selloff the prior week triggered by weak earnings. Canopy (CGC), Aurora (ACB), and Aphria (APHA) continued single-digits declines.