Welcome to our Weekly Cannabis Report, a reliable source for investors to receive the latest developments and analysis in the cannabis sector.
Trading Summary
The Horizons Marijuana Life Sciences Index ETF (HMLSF) jumped 18.4%, the ETFMG Alternative Harvest ETF (MJ) rose 14.1%, and the Horizons U.S. Marijuana Index ETF rose 13.0%.
(Source: Bloomberg)
Canada: OrganiGram (OGI) spiked 63% after reporting quarterly results that exceeded investor expectations. The whole sector rallied with Aurora (ACB) up 29% and Cronos (CRON) up 26% without news. Canopy (CGC