Tilray and other pot stocks are smoked again



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Cannabis stocks are back for shopping this Tuesday morning, with Tilray (TLRY) and other legal weed stocks skyrocketing.

Tilray may be one of the most lagging pot stocks, rose more than 17% to $ 116.85 early, but ended the day with only about 8%. Tilray, a medical marijuana company, dropped nearly 20% Monday before recovering a bit in after-sales trading. The volatility of this stock has been incredibly high.

New Age Beverages (NBEV) also recorded some 17% Tuesday morning at $ 4.64, but ended the day up about 12.6%. Marijuana stocks. NBEV reached a record high of $ 7.85 per share on September 20, but has since retreated. Still, he is back in fashion mode until Tuesday.

Elsewhere in the area:

  • Alefia Health (ALEAF) rose 21% early on Tuesday to $ 2.92 per share and finished up 27%. The stock went public in mid-May and has only exceeded one dollar a share at the beginning of the month. ALEAF reaches record highs on Tuesday.
  • Canopy Growth (CGC) posted more moderate gains Tuesday morning, up about 3.7% to $ 54.43 per share, and ended the day up around 0.5%. Canopy Growth became public in 2014 and was a penny stock until early 2017, but has grown 690% since. The CGC has gone from less than $ 25 per share on August 13 to $ 50, or more than 100%.

Join Jim Cramer live in New York City on October 13 for his "Boot Camp for Investors", where he will interview Canopy Growth CEO Bruce Linton and host the best stock strategists. register here

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