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 stabilized to end its recent losing streak. The Horizons Marijuana Life Sciences Index ETF (OTC:HMLSF) recovered 2.3% and the ETFMG Alternative Harvest ETF (NYSEARCA:MJ) gained 1.3%. Meanwhile, the Horizons U.S. Marijuana Index ETF rose 1.0%.
(Source: Bloomberg)
Canadian Large- and Mid-Cap: Aurora (ACB) rose 1% after being selected by Italy as the sole supplier for medical cannabis. CannTrust (CTST) bounced back