Cannabis equities begin June in mixed fashion, with the sector’s exchange-listed names showing a slight positive bias while OTC-traded US multi-state operators carry the weight of last Friday’s declines into Monday’s session.
Cannabis stocks closed broadly higher Thursday with the BoC Cannabis Index up 2.65%, every ETF gaining at least 3.9%, and Ayr Wellness pacing the universe at +30.7% even as several US MSOs lagged the rally.
The BoC Cannabis Index fell roughly 3.3% on Wednesday with 32 of 39 tracked stocks closing lower; Trulieve led gainers (+7.0%) while WM Technology slumped 12.9%.
BoC Cannabis Index edges +0.34% as US multi-state operators rally led by Cresco Labs +19%, while cannabis ETFs and Canadian LPs slide.
On this episode of BofC Live, we connect Raj Grover, CEO of High Tide.
On this episode of BofC Live, we connect Raj Grover, CEO of High Tide.
