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.
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.
The Canadian cannabis producer’s net loss also increased substantially
It was a mixed week for investors in Canadian cannabis companies