ZBISF - Zenabis Stock Turns Volatile Despite CEO's Note About the Rights Issue

Zenabis stock has been showing volatile movement this week after the recent slump. The stock soared 15% after Zenabis Global’s (TSX:ZENA) (OTCPK:ZBISF) CEO spoke to investors at a conference call with shareholders. However, the stock has resumed the downtrend this morning and is down 13%.

The past few months have not been a great time for the cannabis industry, and many of the companies in the sector have had their fair share of struggles. In that regard, the situation has been the same for the Canadian cannabis producer Zenabis ...