MJ - Weekly Cannabis Report: U.S. Pot Stocks Are In A Correction
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 stabilized last week amid a recovery in the broader market. The Horizons Marijuana Life Sciences Index ETF (OTC:HMLSF) rose 1.7% and the ETFMG Alternative Harvest ETF (MJ) gained 3.6%. U.S.-focused Horizons U.S. Marijuana Index ETF continued to slide another 3.1% which extends its total loss to 22% since it was launched in mid-April this year.
(Source: Bloomberg)
Canadian Large-Cap: Canadian stocks enjoyed broad-based rebound last