Menu
sharewise sharewise
Log in
Sign up
Log in
Sign up
Microsoft strongly encourages users to switch to a different browser than Internet Explorer as it no longer meets modern web and security standards. Therefore we cannot guarantee that our site fully works in Internet Explorer. You can use Chrome or Firefox instead.

Why Canadian Marijuana Stocks Popped Today

TheMotleyFool 
0 0 04.04.24
Why Canadian Marijuana Stocks Popped Today: https://g.foolcdn.com/editorial/images/771754/person-in-a-field-smoking-a-marijuana-cigarette.jpg
 

Investors were uncharacteristically high on Canadian marijuana stocks as the stock market surmounted the hump of Hump Day. Many of the country's weed companies did well during the trading session.

These included bellwether Canopy Growth (NASDAQ: CGC), which saw a more than 30% rise in its price on news that one of its former executives had been tapped to head an industry lobbying group. Other north-of-our-border cannabis titles catching a buzz were Tilray Brands (NASDAQ: TLRY), with an 18% lift, (NASDAQ: SNDL), advancing by more than 22%%, and Cronos Group (NASDAQ: CRON), bringing up the rear with a close-to-9% gain.

Canopy Growth's news was the only company-specific development driving those prices higher.

Continue reading


Source Fool.com

SNDL Inc. Stock

€2.31
22.230%
SNDL Inc. dominated the market today, gaining €0.42 (22.230%).

Show more
Like: 0
CGC
Share

Comments

Not a member yet? Sign up for free!