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 stabilized last week. Horizons Marijuana Life Sciences Index ETF (HMLSF) rose 2.3%, ETFMG Alternative Harvest ETF (MJ) jumped 5.1%, and Horizons U.S. Marijuana Index ETF gained 4.3%.
(Source: Bloomberg)
Canadian Cannabis Stocks: Aphria (APHA) reported results that gave investors some hope after a slew of bad news this year. Canopy (CGC) rose 4% after opening its 27th retail location in Canada.