Cannabis Stock Movers For June 13, 2023
Portfolio Pulse from Benzinga Insights
Cannabis stocks experienced significant price movements on June 13, 2023, with Emeren Group, Aurora Cannabis, and Cara Therapeutics closing up, while iAnthus Capital Hldgs, Cann Gr, 4Front Ventures, BioHarvest Sciences, Cresco Labs, Canopy Gwth, and 22nd Century Group closed down.
June 13, 2023 | 9:30 pm
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NEGATIVE IMPACT
Canopy Gwth (NASDAQ:CGC) shares closed down 3.41% at $0.70.
Canopy Gwth's stock price decreased by 3.41%, indicating a negative short-term impact on the stock. The loss suggests decreased investor interest and confidence in the company.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100
NEGATIVE IMPACT
Cann Gr (OTC:CNGGF) shares closed down 10.24% at $0.11.
Cann Gr's stock price decreased by 10.24%, indicating a negative short-term impact on the stock. The loss suggests decreased investor interest and confidence in the company.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100
NEGATIVE IMPACT
BioHarvest Sciences (OTC:CNVCF) shares closed down 5.88% at $0.16.
BioHarvest Sciences' stock price decreased by 5.88%, indicating a negative short-term impact on the stock. The loss suggests decreased investor interest and confidence in the company.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100
NEGATIVE IMPACT
Cresco Labs (OTC:CRLBF) shares closed down 4.19% at $1.60.
Cresco Labs' stock price decreased by 4.19%, indicating a negative short-term impact on the stock. The loss suggests decreased investor interest and confidence in the company.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100
NEGATIVE IMPACT
4Front Ventures (OTC:FFNTF) shares closed down 6.66% at $0.13.
4Front Ventures' stock price decreased by 6.66%, indicating a negative short-term impact on the stock. The loss suggests decreased investor interest and confidence in the company.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100
NEGATIVE IMPACT
iAnthus Capital Hldgs (OTC:ITHUF) shares closed down 14.29% at $0.01.
iAnthus Capital Hldgs' stock price decreased significantly by 14.29%, indicating a negative short-term impact on the stock. The substantial loss suggests decreased investor interest and confidence in the company.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100
NEGATIVE IMPACT
22nd Century Group (NASDAQ:XXII) shares closed down 3.09% at $0.54.
22nd Century Group's stock price decreased by 3.09%, indicating a negative short-term impact on the stock. The loss suggests decreased investor interest and confidence in the company.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100
POSITIVE IMPACT
Aurora Cannabis (NASDAQ:ACB) shares closed up 4.77% at $0.59.
Aurora Cannabis' stock price increased by 4.77%, indicating a positive short-term impact on the stock. The gain suggests increased investor interest and confidence in the company.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100
POSITIVE IMPACT
Cara Therapeutics (NASDAQ:CARA) shares closed up 3.24% at $3.51.
Cara Therapeutics' stock price increased by 3.24%, indicating a positive short-term impact on the stock. The gain suggests increased investor interest and confidence in the company.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100
POSITIVE IMPACT
Emeren Group (NYSE:SOL) shares closed up 14.25% at $4.09.
Emeren Group's stock price increased significantly by 14.25%, indicating a positive short-term impact on the stock. The substantial gain suggests increased investor interest and confidence in the company.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100