Happy New Year! Can Cannabis 2.0 Save the Day?
Maybe it was the optimism of the dawn of a new decade. Or maybe it was institutional investors finally pulling the trigger on bargain buys in a depressed and depleted Canadian cannabis market. Either way, on New Year’s Eve, several top Canadian marijuana stocks soared by double-digit percentages. Stockhouse's Dave Jackson explains how Cannabis 2.0 may help lift the market out of the valuation doldrums in 2020.
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Weekly Update - Top Cannabis News Stories
1 | Top Story: Legal age to buy cannabis in Quebec is 21, now the highest in Canada.
2 | Alberta delays sales of cannabis vapes, angering producers and retailers.
3 | Researchers say students binge drink less when cannabis is legal.
4 | Ontario brewer pauses plans for cannabis-infused drinks.
5 | Canadian studio wins ‘Treehouse’ logo copyright dispute against Oklahoma cannabis dispensary.
Top Cannabis Stocks - Dec 24 to Dec 30, 2019
1. T.ACB | 69,698 | Aurora Cannabis Inc.
2. T.APHA | 39,497 | Aphria Inc.
3. V.EVE | 22,389 | Eve & Co Inc.
4. T.WEED | 19,430 | Canopy Growth Corp.
5. T.HEXO | 17,671 | HEXO Corp.
6. V.N | 17,468 | Namaste Technologies Inc.
Canadian Cannabis Composite Index
1,534.95 | -21.14 (-1.36%) | 35.9m
Inception Value of 1,000 (Jan. 03, 2017)
3 Months