Why Marijuana Stocks Tilray, HEXO, and Charlotte's Web Were on Fire Monday

Buoyed by an optimistic research note from a prominent analyst, a clutch of notable marijuana stocks saw their share prices rise nicely on the first trading day of 2021.

Tilray (NASDAQ: TLRY) and HEXO (NYSE: HEXO) were among those winners, with gains of nearly 9%. Meanwhile, cannabidiol (CBD) specialist Charlotte's Web Holdings (OTC: CWBHF) enjoyed an 11% pop. 

Image source: Getty Images.

Continue reading

Source Fool.com