Cannabis Watch: Cannabis stocks surge again after Michigan votes to legalize recreational pot [MarketWatch]
Aurora Cannabis Inc. - Common Shares (ACB)
Company Research
Source: MarketWatch
Cannabis stocks surge again after Michigan votes to legalize recreational pot Shares of cannabis companies traded broadly higher Wednesday, as U.S. midterm elections helped usher in a green wave, with Michigan voting to legalize recreational pot and other states supporting medical marijuana. The ETFMG Alternative Harvest exchange-traded fund MJ, +0.64% jumped 1.1%, with 31 of 37 components trading higher, putting it on track for a seventh straight gain. The sector tracker has now run up 18% during its win streak. The Horizons Marijuana Life Sciences ETF HMMJ, +0.97% rallied 2.2%, also headed for a seven-day win streak. Among the most-active stocks, Aurora Cannabis Inc. ACB, +1.03% rose 0.5%, Canopy Growth Corp. CGC, -0.54% slipped 1.1%, Cronos Group Inc. CRON, -1.23% eased 0.7%, Tilray Inc. TLRY, +5.01% ran up 5.1% and MedMen Enterprises Inc. MMNFF, +1.99% tacked on 2.2%, Michigan became the 10th state — and the District of Columbia — which voted to legalize mariju
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ACB
Analyst Actions
- 2/8/24 - CANACCORD
ACB
Sec Filings
- 3/1/24 - Form 6-K
- 2/16/24 - Form 6-K
- 2/8/24 - Form 6-K
- ACB's page on the SEC website