The Cannabis Comeback Has Started
Last week for the cannabis sector showed that it pays to be realistic, and stronger distribution channels aren’t too shabby either. Cannabis stocks posted large gains throughout almost the entire week, driven by a combination of good results, good news, and a more conservative approach. It was high time too, after almost a year or rain clouds hovering over the sector and driving stocks downwards. Stockhouse's Omri Wallach reports.
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Weekly Update - Top Cannabis News Stories
1 | Top Story: Canopy Growth Corp. announced two new appointments to the cannabis giant’s board of directors on Wednesday.
2 | Meet the innovative Canadian company bringing plant and hemp-based nutrition to edibles market in 2020.
3 | Cannabis execs were in Davos for the second year in a row as the industry looks to influence some of the participants of this year’s World Economic Forum.
4 | Two Aphria cultivation facilities receive EU-GMP certification.
5 | Adastra Labs completes renovations at cannabis standard processing and analytical testing facility in Langley, BC.
Top Cannabis Stocks - Jan 14 to Jan 20, 2020
1. T.APHA | 71,893 | Aphria Inc..
2. T.ACB | 70,388 | Aurora Cannabis Inc.
3. C.AGRA | 39,507 | AgraFlora Organics International Inc.
4. T.WEED | 36,331 | Canopy Growth Corp.
5. V.N | 27,915 | Namaste Technologies Inc.
6. T.OGI | 27,118 | OrganiGram Inc.
Canadian Cannabis Composite Index
1,637.61 | ? 0.37 (0.02%) | 28.1m
Inception Value of 1,000 (Jan. 03, 2017)
3 Months
