Cannabis Stock Movers For August 18, 2023
Portfolio Pulse from Benzinga Insights
On August 18, 2023, several cannabis stocks experienced significant price movements. Notable gainers include Australis Capital (OTC:AUSAF), Target Group (OTC:CBDY), and 1606 (OTC:CBDW), with shares closing up 900.00%, 63.64%, and 44.68% respectively. On the other hand, Panacea Life Sciences (OTC:PLSH), MGC Pharmaceuticals (OTC:MGCLF), and 1933 Industries (OTC:TGIFF) were among the biggest losers, with shares closing down 24.00%, 23.33%, and 19.00% respectively.
August 18, 2023 | 9:30 pm
News sentiment analysis
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NEGATIVE IMPACT
MGC Pharmaceuticals shares closed down 23.33% at $0.00.
The significant decrease in MGC Pharmaceuticals' share price indicates a negative market sentiment towards the company, which could lead to further price decreases in the short term.
CONFIDENCE 100
IMPORTANCE 100
RELEVANCE 100
NEGATIVE IMPACT
Panacea Life Sciences shares closed down 24.00% at $0.19.
The significant decrease in Panacea Life Sciences' share price indicates a negative market sentiment towards the company, which could lead to further price decreases in the short term.
CONFIDENCE 100
IMPORTANCE 100
RELEVANCE 100
NEGATIVE IMPACT
1933 Industries shares closed down 19.00% at $0.01.
The significant decrease in 1933 Industries' share price indicates a negative market sentiment towards the company, which could lead to further price decreases in the short term.
CONFIDENCE 100
IMPORTANCE 100
RELEVANCE 100
POSITIVE IMPACT
Australis Capital shares closed up 900.00% at $0.001.
The significant increase in Australis Capital's share price indicates a positive market sentiment towards the company, which could lead to further price increases in the short term.
CONFIDENCE 100
IMPORTANCE 100
RELEVANCE 100
POSITIVE IMPACT
1606 shares closed up 44.68% at $0.03.
The significant increase in 1606's share price indicates a positive market sentiment towards the company, which could lead to further price increases in the short term.
CONFIDENCE 100
IMPORTANCE 100
RELEVANCE 100
POSITIVE IMPACT
Target Group shares closed up 63.64% at $0.01.
The significant increase in Target Group's share price indicates a positive market sentiment towards the company, which could lead to further price increases in the short term.
CONFIDENCE 100
IMPORTANCE 100
RELEVANCE 100