Tag: cannabis cup

Cannabis stocks mostly traded in positive territory today. Supreme Cannabis (FIRE) and Aurora Cannabis (ACB) rose about 9.5% and 5.5%, respectively.

Generally speaking, the cannabis sector's valuations have taken a hit due to weak earnings. Recently, Aphria (APHA) posted better-than-expected earnings.

Last week, the FDA asked four companies to remove 44 products. The products didn't receive the necessary marketing authorization.