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Stock impact report

Cannabis Watch: Cannabis stocks rise for third straight day as vaping fears appear to ease [MarketWatch]

Akerna Corp. (KERN) 
Company Research Source: MarketWatch
Cannabis stocks rise for third straight day as vaping fears appear to ease Cannabis stocks rose for a third straight day Friday, buoyed by reports that vape sales are rebounding after being hit by the outbreak of a serious lung disease that experts say is directly tied to vaping. California, the nation’s biggest cannabis market, showed vape sales climbing by almost a percentage point in the week to Sept. 23, according to Marijuana Business Daily. Sales in Nevada and Washington state are also gradually moving up again, said the specialist news website and conference company. “While the headlines have been negative, not all of the news is bad for companies involved in this segment—and over the long-term, some businesses may actually benefit from the fallout,” said Craig Behnke and Mike Regan, equity research analysts at MJBiz, in a new report. The report analyzed which companies are most exposed to the vaping category, which has been roiled by the outbreak of a lung disease that has kil Show less Read more
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