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 got totally destroyed last week after CannTrust shocked the industry with its non-compliance news. The Horizons Marijuana Life Sciences Index ETF (OTC:HMLSF) dropped 8.6% and the ETFMG Alternative Harvest ETF (NYSEARCA:MJ) lost 7.2%. Meanwhile, the Horizons U.S. Marijuana Index ETF declined another 9.7%, continuing its pathetic performance in 2019.
(Source: Bloomberg)
Canadian Large- and Mid-Cap: Canopy (CGC) led the large-caps with its 15%