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Buds & Duds: Cannabis stocks finish week in the red; Canaccord initiates coverage on Valens

The North American Marijuana Index, which tracks the top cannabis stocks in the US and Canada, was down 2.6% higher at 117.4 points. Elsewhere, the OTCQX Cannabis index fell 1.8% to 480.1 points.

Buds today were Pharmacielo Ltd (CVE:PCLO), The Valens Company (CVE:VLNS) (OTCMKTS:VLNCF). The duds are Aphria Inc (TSE:APHA) (NYSE:APHA), National Access Cannabis Corp (CVE:META) (OTCMKTS:NACNF). 

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