Why Cannabis Stocks Are Trading Lower Today

Shares of several cannabis companies such as Canopy Growth Corporation CGC, Tilray, Inc. TLRY and Cronos Group Inc. CRON are trading lower following fourth-quarter earnings results from Aurora Cannabis Inc. ACB, which reported a decline in sales from the prior year and provided a soft outlook.

See Also: Aurora Cannabis Stock Plunges 18% After Q4 Earnings Call

Aurora's stock was trading down 24.6% at $5.52 per share on Wednesday at the time of publication. The company has a 52-week high of $59.04 and a 52-week low of $5.30.

Latest Startup Investment Opportunities:

Canopy Growth's stock was trading down 6.61% at $14.98. The company has a 52-week high of $25.97 and a 52-week low of $9.

Tilray's stock was trading down 9.31% at $4.87. The company has a 52-week high of $27.24 and a 52-week low of $2.43.

Cronos' stock was trading down 4.8% at $5.05. The company has a 52-week high of $10.56 and a 52-week low of $4.

ACB Logo
ACBAurora Cannabis Inc
$5.725.73%

Stock Score Locked: Want to See it?

Benzinga Rankings give you vital metrics on any stock – anytime.

Reveal Full Score
Edge Rankings
Momentum
75.28
Growth
Not Available
Quality
Not Available
Value
89.46
Price Trend
Short
Medium
Long
Market News and Data brought to you by Benzinga APIs
Date
ticker
name
Actual EPS
EPS Surprise
Actual Rev
Rev Surprise

Cannabis is evolving—don’t get left behind!

Curious about what’s next for the industry and how to stay ahead in today’s competitive market?

Join top executives, investors, and industry leaders at the Benzinga Cannabis Capital Conference in Chicago on June 9-10. Dive deep into market-shaping strategies, investment trends, and brand-building insights that will define the future of cannabis.

Secure your spot now before prices go up—this is where the biggest deals and connections happen!

Get your tickets today!

Comments
Loading...