$Canopy Growth Corp (WEED.CA)$ Tuesday is turning into a lou...
$Canopy Growth Corp (WEED.CA)$ Tuesday is turning into a lousy day to own marijuana stocks, as bad news from cannabis company Tilray Brands ( $Tilray Brands Inc (TLRY.CA)$ ) is taking a toll on pretty much every other marijuana stock out there. Tilray reported a miss on sales this morning and a $0.12 per-share net loss.
Shares of Cronos Group ( $Cronos Group Inc (CRON.CA)$ ), Canopy Growth ( $Canopy Growth (CGC.US)$ ), and Aurora Cannabis ( $Aurora Cannabis Inc (ACB.CA)$ ) are all suffering as a result, down 3.5%, 7.8%, and 8.5%, respectively, as of 12 p.m. ET.
Shares of Cronos Group ( $Cronos Group Inc (CRON.CA)$ ), Canopy Growth ( $Canopy Growth (CGC.US)$ ), and Aurora Cannabis ( $Aurora Cannabis Inc (ACB.CA)$ ) are all suffering as a result, down 3.5%, 7.8%, and 8.5%, respectively, as of 12 p.m. ET.
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only.
Read more
Comment
Sign in to post a comment