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Buds & Duds: Cannabis stocks off to slow start to the holidays; WeedMD rises on blockbuster acquisition

Published: 14:41 02 Dec 2019 EST

The North American Marijuana Index, which tracks the top cannabis stocks in the US and Canada, fell 1.8% to settle at 115.4 points. Elsewhere, the Horizons Marijuana Life Sciences Index ETF lost 2.1% at C$8.99, while the OTCQX Cannabis dropped 2.3% at 444.7 points.

Buds today are WeedMD Inc (CVE:WMD) (OTCMKTS:WDDMF), True Leaf Brands Inc (CSE:MJ). The duds are Aphria Inc (TSE:APHA), Fire & Flower Holdings Corp (TSE:FAF) (OTCMKTS:FFLWF). 

WeedMD signs LOI to create Consumer-Centric Product Portfolio with...

WeedMD Inc. (CVE: WMD – OTCQX: WDDMF) Interim CEO George Scorsis joined Steve Darling to share details the company has signed an LOI to acquire craft cultivator CannTx Life Sciences in an all-stock deal. Scorsis telling Proactive CannTx, which in Guelph, Ontario, is a highly regarded cultivator...

on 1/6/21