Canopy’s financial woes haven’t helped the share prices of other Canadian licensed weed producers.
The market capitalizations of Aurora, Tilray, Canopy Growth, Aphria, Cronos Group, and Hexo are all sharply higher than they were seven days earlier.
According to StatsCan, Canadians bought $181 million worth of recreational weed in March
Earlier this month, one financial writer described the company as the poster child of the legal weed industry’s woes.
Our roundup of cannabis stocks shows some improvement for Canopy Growth Corporation after a shakeup in the corporate office, but it was humdrum week for Tilray, Cronos Group, and Aphria.
Many of the cannabis world’s industry-oriented events are still planning to go ahead as scheduled