Why Marijuana Stocks HEXO and Organigram Holdings Got Trounced on Friday
HEXO (NYSE: HEXO) and Organigram Holdings (NASDAQ: OGI) both declined more steeply than the overall stock market on Friday (in excess of 3% in both cases).
What seems to have triggered this sell-off is a new class action lawsuit that hit the headlines that day, in which HEXO and Organigram -- among other Canadian marijuana companies -- were named as defendants.
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Source Fool.com
