Bearish Sentiment Across The Cannabis Space - Check Full Movers For July 6, 2023
Portfolio Pulse from Benzinga Insights
The cannabis sector experienced a bearish sentiment on July 6, 2023. iAnthus Capital Hldgs and Trulieve Cannabis shares closed up 8.80% and 3.29% respectively. However, several cannabis stocks including 22nd Century Group, Village Farms Intl, Cara Therapeutics, Canopy Gwth, SNDL, Tilray Brands, Cresco Labs, GrowGeneration, Cronos Group, OrganiGram Holdings, and Aurora Cannabis closed down.

July 06, 2023 | 9:30 pm
News sentiment analysis
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NEGATIVE IMPACT
Cara Therapeutics shares closed down 9.44% at $2.59.
The stock price of Cara Therapeutics decreased by 9.44%, indicating a negative impact on the company's stock in the short term.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100
NEGATIVE IMPACT
Village Farms Intl shares closed down 10.67% at $0.56.
The stock price of Village Farms Intl decreased by 10.67%, indicating a negative impact on the company's stock in the short term.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100
NEGATIVE IMPACT
22nd Century Group shares closed down 28.19% at $2.70.
The stock price of 22nd Century Group decreased by 28.19%, indicating a negative impact on the company's stock in the short term.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100
POSITIVE IMPACT
iAnthus Capital Hldgs shares closed up 8.80% at $0.02.
The stock price of iAnthus Capital Hldgs increased by 8.80%, indicating a positive impact on the company's stock in the short term.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100
POSITIVE IMPACT
Trulieve Cannabis shares closed up 3.29% at $4.55.
The stock price of Trulieve Cannabis increased by 3.29%, indicating a positive impact on the company's stock in the short term.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100