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 pulled back last week. The Horizons Marijuana Life Sciences Index ETF (HMLSF) fell 6.4%, the ETFMG Alternative Harvest ETF (MJ) dropped 7.0%, and the Horizons U.S. Marijuana Index ETF lost 5.2%.
(Source: Bloomberg)
Canada: Stocks pulled back from the previous week's big rally. OrganiGram (OGI) dropped 15% after surging 63% the prior week. Canopy (CGC) dropped 9% after naming a constellation