Friday was a good day for cannabis investors. Here's how some of the most popular pot stocks fared:
A wave of deal-making has swept over the cannabis sector in recent months. Industry leaders Tilray and Aphria completed their merger earlier this month. Sundial Growers recently snapped up cannabis retailer Inner Spirit Holdings. Canopy Growth reached a deal to acquire The Supreme Cannabis Company in April. And today, investors awoke to the news that HEXO struck a deal to purchase privately held marijuana producer Redecan for roughly $766 million.
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For further details see:
Why Sundial, Aurora Cannabis, Cronos Group, and Other Marijuana Stocks Surged Today