fbpx
QQQ
+ 0.00
342.01
+ 0%
DIA
+ 0.00
341.86
+ 0%
SPY
+ 0.00
417.30
+ 0%
TLT
+ 0.00
139.26
+ 0%
GLD
+ 0.00
166.35
+ 0%

Why Cannabis Stocks Are Trading Lower Today

February 11, 2021 12:43 pm
Share to Linkedin Share to Twitter Share to Facebook Share to Print License More
Why Cannabis Stocks Are Trading Lower Today

The shares of several cannabis companies are trading lower as cannabis stocks sell-off following Wednesday's retail-driven surge.

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.

Aurora Cannabis shares were trading down 21.86% at $14.76. The stock has a 52-week high of $21.48 and a 52-week low of $3.71.

See also: How to Buy Tilray Here (ACB) Stock 

Tilray (NASDAQ:TLRY) sells medical and recreational cannabis through a portfolio of brands that include Canaca, Dubon, and Manitoba Harvest.

Tilray's stock was down 41.84% at $37.17. The stock has a 52-week high of $67 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 down 21.90% at $12.14. The stock has a 52-week high of $15.83 and a 52-week low of $4.

See also: How to Buy Cronos Stock

GrowGeneration (NASDAQ:GRWG) owns and operates specialty retail hydroponic and organic gardening stores. The firm is a marketer and distributor of nutrients, growing media, advanced indoor and greenhouse lighting, ventilation systems and accessories for hydroponic gardening.

GrowGeneration stock was down 14.97% at $53.73. The stock has a 52-week high of $67.75 and a 52-week low of $2.62.

OrganiGram Holdings Inc (NASDAQ:OGI) is a Canada licensed producer of cannabis products. The company focuses on producing indoor-growth cannabis for patients and adult recreational consumers, as well as developing overseas business partnerships. It operates in a single segment that is the production and sale of cannabis.

OrganiGram Holdings stock was down 25.65% at $4.46. The stock has a 52-week high of $6.45 and a 52-week low of $1.01.