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 cannabis sector is facing its worst slump in years as investors bailed on the once-hot industry. Horizons Marijuana Life Sciences Index ETF (HMLSF) collapsed another 14.2%, ETFMG Alternative Harvest ETF (MJ) fell 10.7%, and Horizons U.S. Marijuana Index ETF lost 10.8%. The double-digit declines have become common in recent months.
(Source: Bloomberg)
Canadian Cannabis Stocks: After Canopy (CGC) and CannTrust (CTST) shocked