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Canopy Growth’s stock stays hot after big gains, but some cannabis stocks cool

Clyde Edgerton by Clyde Edgerton
September 12, 2023
in Markets
Canopy Growth’s stock stays hot after big gains, but some cannabis stocks cool
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Canopy Growth Corp.’s stock
CGC,
-9.17%
moved up by 10% Tuesday after it more than doubled in the two previous days. The stock had fallen as much as 18% in morning trades, before moving into positive territory. The AdvisorShares Pure US Cannabis ETF
MSOS,
-5.91%
fell 2%, Curaleaf Holdings Inc.
CURLF,
-5.34%
rose 0.6%, Trulieve Cannabis Corp.
TCNNF,
-6.94%
fell 4% and Green Thumb Industries Inc.
GTBIF,
-7.83%
fell 4%. The AXS Cannabis ETF
THCX,
+0.01%
rose 2.6%, and Tilray Brands Inc.
TLRY,
-9.54%
dropped 3.6%.



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