KSHB - Weekly Cannabis Report: Watch Out For Accounting Disasters
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 fluctuated last week to close an uneventful month of April. Horizons Marijuana Life Sciences Index ETF (OTC:HMLSF) dropped 1.2% and ETFMG Alternative Harvest ETF (MJ) dropped 2.5%. Meanwhile, U.S.-focused Horizons U.S. marijuana index ETF gained 0.3% last week.
(Source: Bloomberg)
Canadian Large-Cap: Canopy (CGC) dropped 2% after announcing its NY hemp industrial park location and a deal to acquire German cannabinoid-based research company