Cannabis Stock Movers For May 22, 2023
Portfolio Pulse from Benzinga Insights
Cannabis stocks experienced significant movement on May 22, 2023, with several gainers and losers. OrganiGram Holdings, GrowGeneration, Village Farms Intl, and Canopy Gwth were among the top gainers, while iAnthus Capital Hldgs and MariMed were the biggest losers.
May 22, 2023 | 9:30 pm
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NEGATIVE IMPACT
iAnthus Capital Hldgs shares closed down 17.74% at $0.02.
iAnthus Capital Hldgs experienced a significant decrease in its share price, closing down 17.74%. This negative movement indicates a potential short-term downward trend for the stock.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
NEGATIVE IMPACT
MariMed shares closed down 6.52% at $0.43.
MariMed's share price decreased by 6.52%, indicating a negative short-term trend for the stock. The significant loss suggests potential for further decline in the near future.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
POSITIVE IMPACT
Canopy Gwth shares closed up 7.34% at $1.17.
Canopy Gwth's share price increased by 7.34%, indicating a positive short-term trend for the stock. The significant gain suggests potential for further growth in the near future.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
POSITIVE IMPACT
GrowGeneration shares closed up 8.19% at $3.83.
GrowGeneration's share price increased by 8.19%, indicating a positive short-term trend for the stock. The significant gain suggests potential for further growth in the near future.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
POSITIVE IMPACT
OrganiGram Holdings shares closed up 10.20% at $0.54.
OrganiGram Holdings experienced a significant increase in its share price, closing up 10.20%. This positive movement indicates a potential short-term upward trend for the stock.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
POSITIVE IMPACT
Village Farms Intl shares closed up 7.35% at $0.73.
Village Farms Intl's share price increased by 7.35%, indicating a positive short-term trend for the stock. The significant gain suggests potential for further growth in the near future.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100