The shares of several cannabis companies traded higher amid the strength in space following Tilray’s UK distribution deal with Grow Pharma and earnings from Canopy Growth.
Canopy Growth Corp. (NASDAQ: CGC) grows and sells medicinal and recreational cannabis and hemp through a portfolio of brands that includes Tweed, Spectrum Therapeutics and CraftGrow.
Canopy Growth’s share rose 12.70% to $ 49.44. The stock has a 52-week high of $ 49.55 and a 52-week low of $ 9.
Tilray (NASDAQ: TLRY) sells medical and recreational cannabis through a portfolio of brands that includes Canaca, Dubon and Manitoba Harvest.
Tilray’s share rose 39.80% to $ 42.06. The stock has a 52-week high of $ 45.49 and a 52-week low of $ 2.43.
Aurora Cannabis (NYSE: ACB) grows and sells medicinal and recreational cannabis through a portfolio of brands that includes Aurora, CanniMed, Daily Special, MedReleaf and San Rafael ’71.
Aurora Cannabis shares traded up 9.08% at $ 16.22. The stock has a 52-week high of $ 21.48 and a 52-week low of $ 3.71.
Cronos Group Inc. (NASDAQ: CRON) grows and sells medicinal and recreational cannabis through its medicinal brand, Peace Naturals, and its two recreational brands, Cove and Spinach.
Cronos’ share rose 6.94% to $ 13.71. The stock has a 52-week high of $ 14.08 and a 52-week low of $ 4.
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