HEXO - Weekly Cannabis Report: Why Can't U.S. Firms Acquire Canadian Ones Instead?
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 recouped some of the recent losses last week. Horizons Marijuana Life Sciences Index ETF (OTC:HMLSF) gained 5.2% and ETFMG Alternative Harvest ETF (MJ) gained by 4.2%. We will also begin tracking Horizons U.S. marijuana index ETF, comprising a majority of the top U.S. cannabis plays; the new ETF dropped 1.1% last week.
(Source: Bloomberg)
Canadian Large-Cap: Canopy (CGC) jumped 12% as investors digest