Listed – Part II: The Three Amigos
Trulieve’s uplisting to the NYSE, the first of its kind in US history, has undoubtedly caught the attention of every large North American cannabis operator.
Trulieve’s uplisting to the NYSE, the first of its kind in US history, has undoubtedly caught the attention of every large North American cannabis operator.
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.
Thursday’s pre-market window, with US equities not opening until 14:30 BST, finds cannabis stocks at Wednesday’s close — a session that left the sector modestly tilted to the downside, with 19 tickers lower, 15 higher, and four unchanged.