Why Canadian Pot Stocks, Like Sundial Growers, Are Falling Today
The stocks of several Canadian marijuana companies on the market didn't produce much of a high for investors on Thursday. Shares of Sundial Growers (NASDAQ: SNDL), Canopy Growth (NASDAQ: CGC), OrganiGram Holdings (NASDAQ: OGI), Hexo (NASDAQ: HEXO), and Aurora Cannabis (NASDAQ: ACB) all ended the day in negative territory.
Those declines ranged from Sundial's 6% drop to Aurora's 11%-plus stumble. Fresh comments about legalization from would-be pot law reformers in the U.S. Congress seemed to be behind the drops.
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Source Fool.com
