Skip to main content
The Markets by Proactive
Go to Proactive UK
Proactive UK has moved. Proactive’s coverage of London’s small caps continues on proactiveinvestors.com Go there →
Advertisement
The Markets
by Proactive
Proactive UK has moved.
Coverage of London’s small caps continues on proactiveinvestors.com
Go to Proactive UK
The Markets
by Proactive
Proactive UK has moved.
Small-cap coverage continues on .com
Go to Proactive UK
Advertisement
The Markets
by Proactive
Proactive UK has moved.
Small-cap coverage continues on .com
Go to Proactive UK

Pharma & Biotech

Cannabis stocks end the week on a mixed note as some major players take a hit

Big names in cannabis, including Aurora Cannabis and Cronos, fared well Friday afternoon

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.

READ: Terra Tech Corp invests $5 million in Hydrofarm Holdings Group

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

Follow her on Twitter: @LenoreMariee

Advertisement
The Markets
by Proactive
Proactive UK has moved.
Small-cap coverage continues on .com
Go to Proactive UK