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 resumed selloff last week after a brief period of stabilizing. Horizons Marijuana Life Sciences ETF (OTC:HMLSF) dropped 2.7%, and the ETFMG Alternative Harvest ETF (MJ) dropped 2.8%. Meanwhile, Horizons U.S. Marijuana Index ETF crashed another 7.2% while extending its total loss to 28% since it was launched in mid-April this year.
(Source: Bloomberg)
Canadian Large-Cap: Large-cap stocks were modestly down last week. Tilray (TLRY