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 declined slightly last week. The Horizons Marijuana Life Sciences Index ETF (OTC:HMLSF) declined 1.7% and the ETFMG Alternative Harvest ETF (MJ) lost 0.9%. Meanwhile, the Horizons U.S. Marijuana Index ETF declined 1.3% after suffering heavy losses since it was launched this April.
(Source: Bloomberg)
Canadian Large-Cap: Canopy (CGC) was flat after completing its transaction to acquire Acreage (OTCQX:ACRGF) upon the U.S.