Cannabis shares are rising ahead of the market amid huge interest from small investors on social media, particularly the Reddit community WallStreetBets.
Solar Growers (NASDAQ: SNDL) traded 30% higher at $ 3.83 in the early pre-sale session on Thursday.
Tilray (NASDAQ: TLRY) rose 11.1% to $ 71. Aphria Inc. (NASDAQ: APHA) 11.2% at $ 29.25.
Aurora Cannabis (NYSE: ACB) was up 8.3% at $ 20.5. Canopy Growth Corporation (NASDAQ: CGC) rose 2.5% to $ 53.46.
Cronos Group Inc. (NASDAQ: CRON) shares traded 1.8% higher at $ 15.83.
Sundial is the most discussed stock on WallStreetBets on Thursday, according to data from SwaggStocks, with a comment volume of 4,826. Tilray and Aphria also see sky-high interest.
Tilray and Aurora Cannabis are the most talked about stocks on Stocktwits on the press.
Tilray’s UK distribution deal and Canopy Growth earnings boosted the Cannabis sector.
See also: How to invest in cannabis stocks
© 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.