Marijuana Stock Movers For June 19, 2024
Portfolio Pulse from Benzinga Insights
On June 19, 2024, several marijuana stocks experienced significant price movements. Notable gainers included Elixinol Wellness (OTC:ELLXF), Target Group (OTC:CBDY), and Psychemedics (NASDAQ:PMD). Conversely, Global Compliance (OTC:FUAPF) and Heritage Cannabis Holding (OTC:HERTF) were among the biggest losers.
June 19, 2024 | 8:30 pm
News sentiment analysis
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NEGATIVE IMPACT
Cara Therapeutics (NASDAQ:CARA) shares closed down 5.30% at $0.24, reflecting investor concerns.
The price drop indicates negative sentiment and potential future declines.
CONFIDENCE 80
IMPORTANCE 50
RELEVANCE 60
NEGATIVE IMPACT
22nd Century Group (NASDAQ:XXII) shares closed down 5.44% at $0.60, indicating negative investor sentiment.
The price decrease suggests negative sentiment and potential future declines.
CONFIDENCE 80
IMPORTANCE 50
RELEVANCE 60
POSITIVE IMPACT
OrganiGram Holdings (NASDAQ:OGI) shares closed up 3.31% at $1.54, showing slight investor confidence.
The slight price increase suggests a positive but cautious investor sentiment.
CONFIDENCE 80
IMPORTANCE 50
RELEVANCE 60
POSITIVE IMPACT
Psychemedics (NASDAQ:PMD) shares closed up 10.88% at $2.35, indicating strong investor interest.
The significant price increase suggests positive sentiment and potential future gains.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80
POSITIVE IMPACT
Village Farms Intl (NASDAQ:VFF) shares closed up 3.66% at $1.00, reflecting moderate investor optimism.
The moderate price increase indicates a positive but cautious investor outlook.
CONFIDENCE 80
IMPORTANCE 50
RELEVANCE 60