Canadian Cannabis Producers Decline 14.8% in November

After sinking more than 25% in October, the Canadian Cannabis LP Index declined another 14.8% in November to 799.72: The index had run up from 2018 lows in mid-August after the announcement of the C$5 billion investment by Constellation Brands (NYSE: STZ) into Canopy Growth (TSX: WEED) (NYSE: CGC) ahead of the  legalization in Canada on October 17th and then reversed […]

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Author: Alan Brochstein, CFA
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