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 drifted lower last week as CannTrust (CTST) posted a massive earnings miss. The Horizons Marijuana Life Sciences Index ETF (OTC:HMLSF) lost 4.5% and the ETFMG Alternative Harvest ETF (MJ) dropped 1.2%.
(Source: Bloomberg)
Canadian Large-Cap: Last week was relatively quiet for large-caps. Canopy Growth (CGC) dropped 2.3% after announcing a partnership with Seth Rogen. Aurora Cannabis (ACB) was flat