First Country To Legalize Weed Celebrates 6 Years Of Pot Sales; Promised Land Of Cannabis And More Global Updates
Portfolio Pulse from Jelena Martinovic
Tantalus Labs Ltd. has received permission from a British Columbia Supreme Court to sell over 1,200 kilograms of marijuana to alleviate its financial troubles. In other news, Uruguay celebrates six years of legal marijuana sales, and Slovenia is being touted as a potential hub for premium cannabis production due to its clean environment. Several cannabis ETFs including Cambria Cannabis ETF (BATS:TOKE), Amplify Seymour Cannabis ETF (NYSE:CNBS), AdvisorShares Pure Cannabis ETF (NYSE:YOLO), ETFMG Alternative Harvest (NYSE:MJ), AXS Cannabis ETF (NYSE:THCX), and Global X Cannabis ETF (NASDAQ:POTX) have shown varied price actions.
July 28, 2023 | 9:38 pm
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
Cambria Cannabis ETF (BATS:TOKE) is down 0.25% at about $6 a share on Friday.
The ETF's price has dropped, indicating a negative short-term impact.
CONFIDENCE 100
IMPORTANCE 50
RELEVANCE 100
POSITIVE IMPACT
Amplify Seymour Cannabis ETF (NYSE:CNBS) is up 1.47% at last check on Friday, at about $3.87 a share.
The ETF's price has increased, indicating a positive short-term impact.
CONFIDENCE 100
IMPORTANCE 50
RELEVANCE 100
POSITIVE IMPACT
ETFMG Alternative Harvest (NYSE:MJ) is up 3.96 % at about $ 396.
The ETF's price has increased, indicating a positive short-term impact.
CONFIDENCE 100
IMPORTANCE 50
RELEVANCE 100
POSITIVE IMPACT
Global X Cannabis ETF (NASDAQ:POTX) is up 1.23% at last check on Friday, hovering at around $6.60.
The ETF's price has increased, indicating a positive short-term impact.
CONFIDENCE 100
IMPORTANCE 50
RELEVANCE 100
POSITIVE IMPACT
AXS Cannabis ETF (NYSE:THCX) is up 1.11% at $1.82.
The ETF's price has increased, indicating a positive short-term impact.
CONFIDENCE 100
IMPORTANCE 50
RELEVANCE 100
POSITIVE IMPACT
AdvisorShares Pure Cannabis ETF (NYSE:YOLO) is up 2.15% Friday at about $2.53.
The ETF's price has increased, indicating a positive short-term impact.
CONFIDENCE 100
IMPORTANCE 50
RELEVANCE 100