A roundup of some cannabis industry deals you may have missed.
After another down week for cannabis stocks, the final hours of trading on Friday saw a flurry of enthusiasm, following news that U.S. president Donald Trump may support efforts to protect states that have already legalized marijuana. The United States Marijuana Index, which tracks 17 publicly listed companies with operations in the U.S., was up 13.7 per cent, while the Canadian Marijuana Index climbed 6.5 per cent.
Friday’s move followed announcements on both sides of the border earlier in the week, that point to the increasing normalization of marijuana. In Canada, coffee chain Second Cup announced plans to transform some of its stores into dispensaries, while in the U.S., former top Republican John Boehner announced he’s joining the board of a cannabis company. Here are some marijuana deals from last week that you might have missed.
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