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Buds & Duds: Cannabis stocks make big gains for second straight day; Canopy Growth surges on Bank of America upgrade

Cannabis stocks continued making broad gains on Thursday across North American markets.

The North American Marijuana Index was up 6.2% at 127.5 points. Elsewhere, the OTCQX Cannabis gained 4.3% at 498.6 points.

Buds today included Valens GroWorks Corp (CVE:VGW) (OTCMKTS:VGWCF), Sundial Growers Inc (NASDAQ:SNDL).

Duds were iAnthus Capital Holdings Inc (CSE:IAN) (OTCMKTS:ITHUF), Lift & Co Corp (CVE:LIFT) (OTCMKTS:LFCOF). 

Quick facts: The Valens Company

Price: 2.23 CAD

TSX:VLNS
Market: TSX
Market Cap: $285.43 m
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The Valens Company is cashed up and ready to bring IP around the world

The Valens Company (CVE: VLNS- OTCQX: VLNCF) President Jeffrey Fallows joined Steve Darling from Proactive to discuss the company completing their rebrand. Fallows talks about what the new names mean for the future of the company. Fallows also shared details about a number of recent deals the...

on 25/6/20

2 min read