Billion-dollar cannabis companies on both sides of the border endured declining share values over the past five days of trading.
Investors in Canopy Growth, Cronos Group, Aurora Cannabis, Tilray, and Aphria can smoke a doobie to celebrate.
It’s been a wild ride for investors in three of Canada’s largest cannabis companies.
With the rapid rise in Tesla shares, CEO Elon Musk’s net worth vastly exceeds the market capitalization of Canada’s 10 largest cannabis companies.
The weed industry has been dogged by a lack of public enthusiasm for cannabis beverages and regulators’ unwillingness to embrace CBD
One of the hardest-hit was Charlotte’s Web Holdings Inc., which saw its share price fall by 17.1 percent between Monday and Friday.
According to Canopy Growth Corporation’s CEO, David Klein, the U.S. will be the company’s key market
Canopy’s financial woes haven’t helped the share prices of other Canadian licensed weed producers.
Alki David says he is in talks with English Premier League team Everton