Why Canopy Growth, Aurora Cannabis, and Hexo Stocks Are on Fire Today
Marijuana stocks were on fire Wednesday, with shares of Hexo (NYSE: HEXO) closing the day up 4.4%, Canopy Growth (NASDAQ: CGC) rising 5.4%, and Aurora Cannabis (NASDAQ: ACB) beating them both with a 7.8% gain. And just one word explains why all these stocks are doing so well:
Amazon (NASDAQ: AMZN).
Why would Amazon want to make marijuana legal? Image source: Getty Images.
Source Fool.com