BoC Cannabis Index closes +0.61% but breadth turns negative as 23 of 38 names fall; WM Technology surges 14% while REFI leads losers down 5%.
BoC Cannabis Index +1.67% on broad strength; Curaleaf +9.4% leads a 27-stock advance, IIPR -4.3% the day’s worst.
BoC Cannabis Index gains +1.26% as Innovative Industrial Properties surges +14.03%, lifting US MSOs and ETFs in a synchronised cannabis rally.
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.
SNDL Inc. has been selected as the successful bidder for the acquisition of Indiva Limited’s business and assets, following proceedings
Canadian cannabis giant SNDL has announced plans to enact a major financial restructuring project, slashing 106 full time positions. The
Canadian cannabis edibles manufacturer, Indiva Limited, announced this week that it has officially received creditor protection ‘in order to restructure
The Cannabis Council of Canada (C3), the country’s most prominent lobbying group, has announced the appointment of industry veteran Paul
Canada’s biggest cannabis underdog SNDL delivers transformational year Cannabis company and liquor retailer, SNDL Inc., had a record net revenue
Three undervalued US cannabis operators to be aware of Technical 420 explores three operators it considers would benefit from legislative reform
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