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 continued to fall. The Horizons Marijuana Life Sciences Index ETF (HMLSF) fell 2.3%, the ETFMG Alternative Harvest ETF (MJ) fell 2.4%, while the Horizons U.S. Marijuana Index ETF dropped 7.3%.
(Source: Bloomberg)
Canada: Canopy Growth (CGC) was flat after its U.S. CBD brand was revealed. Aurora Cannabis (ACB) dropped 3% after winning business in Ireland. Aphria (APHA) was unchanged