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Cannabis sector up
The general cannabis sector was up in the first half of the day on May 24th. Aphria (APHA) led the group with an 8% increase after Jefferies began stocking with a "buy" note and a $ 15 Canadian price target. .
The sector benchmark, Horizons Marijuana Life Sciences ETF (HMMJ), advanced 0.81%, while the ETFMG Alternative Harvest ETF (MJ) was up about 1.2% at approximately midday. Let's look at the movements of other stocks in the cannabis sector so far.
Gain of CRON, HEXO and IIPR
The Cronos group (CRON) was also up in the first half of the day with a gain of around 2% starting at noon. HEXO (HEXO) was not far behind with a rise of 1.8% at the same time. Earlier in the day, we presented recent changes to the HEXO price target and its ratings. Read the target price of HEXO gets an upgrade in May for more information.
Innovative Industrial Properties (IIPR) were also in the green during the first half of the day with an increase of 1.2%, followed by Green Thumb Industries (GTBIF), up almost 1% around noon. KushCo Holdings (KSHB) and OrganiGram (OGI) grew by 1.9% and 4.9% respectively in the first half. Aurora Cannabis (ACB) gained almost 0.63%.
Tilray (TLRY) fell by 1.4% and Slang Worldwide by 7.7% around noon.
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