Cannabis Stock Movers For July 29, 2024
Portfolio Pulse from Benzinga Insights
Cannabis stocks experienced significant movements on July 29, 2024. Notable gainers included RIV Capital, Cipher Pharmaceuticals, and Tilray Brands, while major losers included GreenGro Technologies, Global Hemp Group, and cbdMD.
July 29, 2024 | 8:30 pm
News sentiment analysis
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NEGATIVE IMPACT
GrowGeneration shares closed down 4.55% at $2.31, reflecting a decline in investor confidence.
GrowGeneration's price decline suggests waning investor confidence and potential market challenges.
CONFIDENCE 80
IMPORTANCE 55
RELEVANCE 65
NEGATIVE IMPACT
Village Farms International shares closed down 6.09% at $1.11, indicating investor concerns.
Village Farms International's price drop reflects negative market sentiment and potential challenges ahead.
CONFIDENCE 85
IMPORTANCE 60
RELEVANCE 70
NEGATIVE IMPACT
cbdMD shares closed down 6.83% at $0.54, indicating significant investor concerns.
cbdMD's notable price drop reflects significant investor concerns and potential market challenges.
CONFIDENCE 85
IMPORTANCE 65
RELEVANCE 75
POSITIVE IMPACT
Aurora Cannabis shares closed up 3.73% at $5.99, reflecting moderate investor optimism.
Aurora Cannabis' price increase indicates a positive but cautious market outlook.
CONFIDENCE 80
IMPORTANCE 50
RELEVANCE 60
POSITIVE IMPACT
Greenlane Holdings shares closed up 3.21% at $0.29, showing slight positive movement.
Greenlane Holdings' modest price rise suggests mild investor confidence.
CONFIDENCE 70
IMPORTANCE 40
RELEVANCE 50
POSITIVE IMPACT
Tilray Brands shares closed up 9.84% at $1.83, indicating strong investor interest.
Tilray Brands' significant price increase suggests positive market sentiment and potential future gains.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80