GFM Network News


Concerns about supply chain issues and a slowdown in consumer spending due to coronavirus fears are weighing heavily on the cannabis sector.

Cannabis funds inch higher after touching all-time lows

The legal weed sector faces declining market fundamentals

Reuters – Exchange-traded funds that invest in cannabis stocks rebounded March 10, one day after a global equity rout dropped them to all-time lows. The $509-million ETFMG Alternative Harvest ETF gained 2.2 per cent in afternoon trade, while the $318-million Horizon Marijuana Life Sciences ETF rose 1.8 per cent during a market rally that pushed