Mid-day market sentiment
Market sentiment toward the cannabis sector at noon today was broadly positive, continuing of what we’ve observed since the beginning of this new year.
Most of the major cannabis stocks were in positive territory. The overall cannabis sector ETF, the Horizons Marijuana Life Sciences ETF (HMMJ), was 3.2% higher while HEXO (HEXO) continued to lead the pack with a gain of nearly 4.5%. We encourage you to read our series Add Cannabis Stock HEXO to Your 2019 Watch List if you haven’t done so already.
Cronos Group (CRON) was up nearly 2.9% while Aurora Cannabis was right behind with a daily gain of 2.7% around noon on January 4. Canopy Growth (CGC) was trading nearly 1.4% higher, and Aphria (APHA) was also nearly 1.3% up around mid-day. Tilray (TLRY) continued to lag but remained in the green territory with a 1% return since morning.
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