As of Tuesday, Cresco Labs was trading at 6.73 Canadian dollars, which represents a fall of 24.6% since the beginning of the year.
Aurora Cannabis will likely report its Q2 results on Thursday before the market opens. In the last two weeks, the company delivered disappointing news.
AGLC will allow retail stores in Alberta to sell marijuana vape products. Consumers will likely be able to purchase cannabis vape products in the next two weeks.
Ontario's government started collecting input from the public about allowing marijuana consumption in lounges and cafes across the province.
On February 7, Rahul Sarugaser of Raymond James reiterated his "outperform" rating for Cronos Group. He's optimistic about the partnership with Altria.
Aurora Cannabis started 2020 with a lot of bad news. The company announced job cuts last week, which impacted its profitability.
Some countries still have very strict marijuana laws. Recently, Singapore's government asked Netflix to block all marijuana shows and films in the country.
Canopy Growth will report its earnings for the third quarter of fiscal 2020 before the market opens on Friday. Analysts expect the revenue to rise.
More Kentucky residents favor marijuana legalization. According to a poll, 90% of the respondents favor medical marijuana compared to 78% in 2012.