Welcome to our Weekly Cannabis Report, a reliable source for investors to receive the latest developments and analysis in the cannabis sector.
Trading Summary
The cannabis sector carried its momentum into the new year. The Horizons Marijuana Life Sciences Index ETF (OTC:HMLSF) rose 5.1%, while the U.S.-listed ETFMG Alternative Harvest ETF (MJ) also gained 7.7%.
Canadian Large-Cap: Canadian large-caps were mixed last week. Canopy (CGC) gained 3.1%, while Cronos (CRON) gained 13.1%. However, Aurora (ACB), Aphria (APHA), and Tilray (TLRY) all suffered small declines despite an overall strong market. Others saw very strong price movements, including HEXO (OTCPK:HYYDF) up 20.5%, Organigram (OTCQX:OGRMF) up 23.7%, CannTrust (OTC:CNTTF) up 4.1%, and TGOD (OTCQX:TGODF) rose 1.2%.
– Read the entire article at Seeking Alpha.
