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Stock impact report

Why Aurora Cannabis, Canopy Growth, and HEXO Shares Are Jumping Today [The Motley Fool]

Aurora Cannabis Inc. - Common Shares (ACB) 
Company Research Source: The Motley Fool
Why Aurora Cannabis, Canopy Growth, and HEXO Shares Are Jumping Today What happened Shares of Canopy Growth ( NYSE:CGC Aurora Cannabis NYSE:ACB HEXO NYSE:HEXO There were several reasons for the upward moves for these Canadian marijuana stocks Image source: Getty Images. So what It's great that Aurora won't have to scramble to raise 0 million Canadian dollars to pay off its debt within the next few months. It's also encouraging that a top analyst is now more positive about Canopy Growth. But the underlying reason behind these three stocks' jumps today is that some investors now think that the sell-off from the last several months that's affected nearly every Canadian marijuana stock finally went too far. One of the biggest culprits behind the dismal performance of these three stocks has been the lack of adequate cannabis retail infrastructure in Canada, especially in Ontario Canopy Growth has reeled from major adjustments related to product returns from the company shipping too many ca Show less Read more
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