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 were mostly flat last week. The Horizons Marijuana Life Sciences Index ETF (OTC:HMLSF) dropped 0.3% and the ETFMG Alternative Harvest ETF (MJ) dropped 0.7%. U.S.-focused Horizons U.S. Marijuana Index ETF extended its recent debacle with another 4.3% loss.
(Source: Bloomberg)
Canadian Large-Cap: Aurora Cannabis (ACB) dropped 4% after striking a research partnership with UFC. Canopy (CGC) was flat after announcing a