Marijuana Stock Movers For September 4, 2024
Portfolio Pulse from Benzinga Insights
The article reports on the stock movements of various marijuana-related companies on September 4, 2024. Notable gainers include CordovaCann and Blueberries Medical, while significant losers include Global Hemp Group and AusCann Group Holdings. Currenc Group and Canopy Growth, both US-listed, also saw declines.
September 04, 2024 | 8:30 pm
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NEGATIVE IMPACT
Canopy Growth's stock decreased by 3.18% to $4.87, reflecting a downward trend in the marijuana sector.
Canopy Growth's 3.18% decline is part of a broader trend of falling marijuana stock prices, suggesting potential sector-wide challenges.
CONFIDENCE 85
IMPORTANCE 60
RELEVANCE 70
NEGATIVE IMPACT
Currenc Group's stock fell by 13.10% to $3.78, indicating a significant decline among US-listed marijuana-related stocks.
Currenc Group's significant decline of 13.10% suggests negative sentiment or news affecting the stock. This drop is notable among US-listed marijuana stocks, indicating potential short-term volatility.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80
NEGATIVE IMPACT
Emeren Group's stock fell by 3.23% to $1.87, reflecting a downward trend in the marijuana-related stock market.
The 3.23% decline in Emeren Group's stock price suggests a negative trend in the marijuana sector, which may affect investor confidence.
CONFIDENCE 75
IMPORTANCE 45
RELEVANCE 50
NEGATIVE IMPACT
22nd Century Group's stock fell by 3.82% to $0.28, indicating a negative movement in the marijuana stock sector.
The 3.82% decline in 22nd Century Group's stock price reflects a negative trend in the marijuana sector, which may impact investor sentiment.
CONFIDENCE 80
IMPORTANCE 50
RELEVANCE 60
NEGATIVE IMPACT
cbdMD's stock decreased by 6.06% to $0.54, showing a notable decline among marijuana-related stocks.
cbdMD's 6.06% decline is significant, indicating potential challenges or negative sentiment in the marijuana sector.
CONFIDENCE 85
IMPORTANCE 55
RELEVANCE 65