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 ended last week in positive territory after a rally on Friday. The Horizons Marijuana Life Sciences Index ETF (HMLSF) rose 2.8%, the ETFMG Alternative Harvest ETF (MJ) gained 0.2%, and the Horizons U.S. Marijuana Index ETF fell 2.2%.
(Source: Bloomberg)
Canada: Canopy Growth (CGC) rose 10% after announcing a partnership with Drake. Supreme (OTCQX:SPRWF) rebounded 24% after previous losses when founder