Cannabis ETF

Cannabis stocks widely outperformed the markets after a slew of financing deals and strong earnings reports. “The cannabis industry is off to a great start this year with New York state pushing hard for legalization," Green Market Report editor-in-chief Debra Borchardt said. "...

Cannabis stocks skyrocketed this week, aided by the Democratic victory in the Georgia runoff election. There was also Gov. Andrew Cuomo's proposal for a legal cannabis program across New York State. It would allow adults over the age of 21 to buy marijuana at state-approved...

In the last week of 2020 — a year that saw the cannabis movement score major victories on national and international levels — marijuana stocks underperformed the wider market. Over the last five trading days, including Dec. 24: The ETFMG Alternative Harvest ETF (NYSE: MJ): lost 4....

After a weak start to a shortened week, cannabis stocks rebounded on Wednesday afternoon, advancing on high volume, with some giving up the gains on Thursday morning. Over the 3 1/2 trading days of the week: The ETFMG Alternative Harvest ETF (NYSE: MJ): gained 1% The AdvisorShares Pure Cannabis...

Cannabis stocks traded up this week, following news of the merger between Aphria (NASDAQ: APHA) and Tilray (NASDAQ: TLRY). Benzinga spoke with Aphria CEO and chairman Irwin D. Simon, who will maintain those two positions in the new company, and Tilray CEO Brendan Kennedy, who will serve in the...

Cannabis stocks traded down this week, despite a series of financing announcements and other good news, including a new bill from Congress. GrowGeneration Corp. (NASDAQ: GRWG) wants to raise $125 million via a public offering. The offering was then upsized to $150 million on Wednesday,...

It was a historic week for cannabis. The U.S. House of Representatives voted to pass the MORE Act, a piece of legislation that could effectively decriminalize marijuana on a federal level. The bill will now head towards the Senate, where results remain uncertain. “The US House of...

In a four-day week where markets were on the rise, cannabis stocks proved to be big winners. Late Friday, stocks surged on news that a federal marijuana legalization bill will get a congressional vote next week. During the holiday week: The ETFMG Alternative Harvest ETF (NYSE: MJ): gained 12...

Cannabis stocks outperformed the S&P 500 this week. Over the last five trading days: The ETFMG Alternative Harvest ETF (NYSE: MJ): gained 2.5% The AdvisorShares Pure Cannabis ETF (NYSE: YOLO): was up 2.6% The Cannabis ETF (NYSE: THCX): advanced 2.7% The Amplify Seymour Cannabis ETF (NYSE: CNBS...

Cannabis stocks were back in the red this week, retreating from post-election highs amid an earnings-heavy period. Over the five trading days of the week: The ETFMG Alternative Harvest ETF (NYSE: MJ): lost 5.2% The AdvisorShares Pure Cannabis ETF (NYSE: YOLO): was down 1.5% The Cannabis ETF (NYSE...

The cannabis industry scored five major ballot wins this past week as U.S. voters went to the polls. New Jersey, Arizona, Montana, and South Dakota approved measures permitting adult-use cannabis, while Mississippi voted to allow medical marijuana. On the heels of voters approving a the...

This was a tough week for cannabis stocks, with all major ETFs closing in the red. Over the five trading days of the week: The ETFMG Alternative Harvest ETF (NYSE: MJ): fell 7.5% The AdvisorShares Pure Cannabis ETF (NYSE: YOLO): was down 6.7% The Cannabis ETF (NYSE: THCX): lost 9.2% The Amplify...

Cannabis stocks traded up in a relatively slow news week, where celebrity brands grabbed headlines. Chelsea Handler launched a curated cannabis products kit in collaboration with Sweet Flower. Cronos Group Inc. (NASDAQ: CRON) and actress Kristen Bell partnered to launch Happy Dance...

This was an exciting week for the cannabis industry, marked by the ninth edition of the Benzinga Cannabis Capital Conference. Benzinga’s last big cannabis event of 2020 took place virtually, featuring almost 100 speakers from all around the world. Read some of the key takeaways: Do...

This was a great week for cannabis stocks, with all major U.S.-traded ETFs posting double-digit gains. Over the five trading days of the week: The ETFMG Alternative Harvest ETF (NYSE: MJ): gained almost 12% The AdvisorShares Pure Cannabis ETF (NYSE: YOLO): was up 13.3% The Cannabis ETF (NYSE: THCX...