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The shares of several cannabis companies are trading higher on Wednesday following the announcement of the Jazz Pharma deal for GW Pharma.
GW Pharma was one of the first pharma companies to use cannabinoids for medical therapy.
Aurora Cannabis (NYSE:ACB) cultivates and sells medicinal and recreational cannabis through a portfolio of brands that include Aurora, CanniMed, Daily Special, MedReleaf, and San Rafael '71.
See also: How to Invest in Cannabis Stocks
Aurora Cannabis shares were trading up 10.31% at $14.01. The stock has a 52-week high of $26.40 and a 52-week low of $3.71.
Tilray (NASDAQ:TLRY) sells medical and recreational cannabis through a portfolio of brands that include Canaca, Dubon, and Manitoba Harvest.
See also: How to Buy Aurora (ACB) Stock
Tilray's stock was up 19.63% at $28.10. The stock has a 52-week high of $28.86 and a 52-week low of $2.43.
Cronos Group Inc (NASDAQ:CRON) cultivates and sells medicinal and recreational cannabis through its medicinal brand, Peace Naturals, and its two recreational brands, Cove and Spinach.
Cronos stock was up 10.93% at $12.59. The stock has a 52-week high of $12.75 and a 52-week low of $4.
See also: How to Buy Canopy Growth (CGC) Stock
Crypto Whales Are Loading Up — Are You?
New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.
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