Why Marijuana Stocks Are on Fire Today
Marijuana stocks bounced higher in Wednesday trading. As of 2:35 p.m. EST, shares of Aurora Cannabis (NYSE: ACB) had risen 2.4%, while larger Aphria (NASDAQ: APHA) and Canopy Growth (NASDAQ: CGC) had notched bigger gains of 3.7% and 4.4%, respectively. For a change, this time the strength seen in marijuana stocks has nothing to do with marijuana legalization in America.
This time, it's all about Mexico.
Image source: Getty Images.
Source Fool.com