Cannabis equities are broadly firmer in early New York trade on Monday, with Business of Cannabis tracking prices around 15 minutes after the opening bell.
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 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.
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.
Cannabis stocks carry the losses from Tuesday’s session into Wednesday morning, with US markets yet to open and all prices reflecting the 12 May close.
