Cannabis stocks were mixed by the end of the week, but many of the major players in the cannabis space saw their shares climb higher.
Aurora Cannabis Inc (TSE:ACB, NYSE:ACB), settling in after its debut on the New York Stock Exchange, saw its shares up slightly to US$7.04.
Toronto-based Cronos Group Inc (NASDAQ:CRON) shares jumped nearly 5% this afternoon, but slipped down about 1% to US$7.98 by the closing bell.
MPX Bioceutical Corporation (CSE: MPX; OTCQX: MPXEF) shares were up more than 3% to $0.78. The cannabis company has been expanding its reach into the Maryland market via dispensary acquisitions.
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Shares of cannabis-focused agriculture company Terra Tech Corp (OTCQX:TRTC) were up more than 3. to US$1.73 after making a US$5 million investment in Hydrofarm Holdings Group Inc, taking an ownership stake in the specialty indoor garden wholesaler.
Canopy Growth Corporation (TSE:WEED, NYSE:CGC) shares were up slightly to US$37.15. The cannabis producer recently closed its US$4 billion investment from Constellation Brands Inc (NYSE:STZ).
Shares of British Columbia-based Tilray Inc (NASDAQ:TLRY) fell nearly 3% this afternoon, but shares were up slightly to US$99.50 in after-hours trading.
MariMed Inc (OTCQB:MRMD) shares slipped close to 1% to US$4.79. The company recently finalized its acquisition of New Jersey-based cannabis company BSC Group.
ICC International Cannabis Corp (CSE:WRLD, OTCQX:KNHBF) shares sank close to 10% to US$0.46.
The Vancouver-based company recently announced a strategic partnership with GreenTree International Inc, the parent company of Amercanex which operates the ACExchange, to create an electronic cannabis market platform.
Contact Lenore Fedow at lenore@proactiveinvestors.com
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