Cannabis stocks sit lower on Friday morning, with the US market in pre-market trading and most quotes reflecting Thursday’s close; some over-the-counter names may lag by a further session.
The US cannabis sector enters Tuesday’s open on firm ground after Monday’s session delivered broad gains.
Cannabis enters the new week with a broadly positive bias across the tracked universe.
Cannabis stocks enter Friday’s pre-market session broadly positive.
The cannabis sector is entering Wednesday’s pre-market session in broadly negative territory, with the US benchmark fund MSOS now sitting at $4.74, a retreat from $5.05 at Tuesday’s close.
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 equities open Wednesday’s US session with modest positive breadth among exchange-listed names, though the sector’s headline data point is a sharp intraday plunge in iPower (IPW), the hydroponic supply retailer with direct exposure to the cannabis cultivation market.
Pre-market on Tuesday 19 May, cannabis stocks carry Monday’s close as their reference point, with the US session due to open at 13:30 UTC.
The US cannabis sector approaches this week’s open carrying the weight of a difficult Friday session.
