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TAP - Weekly Cannabis Stock News: Tilray Taps New Top Managers
Molson Coors Brewing Company Class B
All events considered, last week was a rather good one for marijuana stocks. Encouraging fundamentals in some quarterly results announced last week added to overall bullishness for the sector, while a bill introduced in Congress to classify cannbidiol (CBD) as a dietary supplement provided new hope for companies involved in the CBD product segment.
Overall, the shares of cannabis companies rose during the five-day trading period, at times substantially. Here's a glimpse at a couple reasons why.