Two Cannabis Stocks Made Big Moves Last Week

In the week ending December 8, two big moves gripped the cannabis market. Cronos Group’s (CRON) 45% stake was acquired by Altria, which caused Cronos to gain 39% last week. Aphria (APHA) (APHQF) cut its stock almost in half last week. The cannabis sector, represented by the Horizons Marijuana Life Sciences ETF (HMMJ), fell almost 4%. The ETFMG Alternative Harvest ETF (MJ) declined 1.5% during the same period. Let’s look at how other stocks performed last week.