Bullish Sentiment Across The Cannabis Space - Check Full Movers For September 5, 2023
Portfolio Pulse from Benzinga Insights
The cannabis sector experienced a bullish sentiment on September 5, 2023, with several companies seeing significant gains in their share prices. iAnthus Capital Hldgs, 4Front Ventures, and Heritage Cannabis Holding were among the top gainers. However, some companies like 1933 Industries, Rocky Mountain High, and CNBX Pharmaceuticals saw their shares decline.
September 05, 2023 | 9:30 pm
News sentiment analysis
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POSITIVE IMPACT
4Front Ventures shares closed up 37.65% at $0.22.
The substantial rise in 4Front Ventures' share price suggests a positive market sentiment, which could potentially continue in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
POSITIVE IMPACT
Heritage Cannabis Holding shares closed up 35.00% at $0.01.
The significant increase in Heritage Cannabis Holding's share price indicates a positive market sentiment towards the company, which could potentially continue in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
POSITIVE IMPACT
iAnthus Capital Hldgs shares closed up 38.89% at $0.03.
The significant increase in iAnthus Capital Hldgs' share price indicates a positive market sentiment towards the company, which could potentially continue in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
NEGATIVE IMPACT
CNBX Pharmaceuticals shares closed down 14.00% at $0.02.
The significant decrease in CNBX Pharmaceuticals' share price indicates a negative market sentiment towards the company, which could potentially continue in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
NEGATIVE IMPACT
Rocky Mountain High shares closed down 16.67% at $0.01.
The substantial drop in Rocky Mountain High's share price suggests a negative market sentiment, which could potentially continue in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
NEGATIVE IMPACT
1933 Industries shares closed down 16.70% at $0.01.
The significant decrease in 1933 Industries' share price indicates a negative market sentiment towards the company, which could potentially continue in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100