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.
On the upside, the Toronto-based weed company is now selling its Peace Naturals dried flower products to medical patients in Israel
CannCentral’s weekly look at Canadian cannabis stocks shows that some didn’t fare very well on Friday (June 19)
Nothing remarkable happened for shareholders in Canopy Growth, Aurora, Cronos Group, and Aphria.
Two of the big winners over the first five days of June were California-based Amyris Inc. and B.C.-based Village Farms International
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.
It was a mixed week for investors in Canadian cannabis companies