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Thursday, February 21, 2019 11:21:08 AM
Driven by the rise of the broader equity market last week, the Horizons Marijuana Life Sciences Index ETF (HMMJ), which tracks the North American Medical Marijuana Index, rose by 3.2%, while the ETFMG Alternative Harvest ETF (MJ) returned 4.0%. The S&P 500 Index rose 2.5%.
Despite the strengthening of the broader equity market, only two of the nine cannabis companies considered for our analysis have delivered positive returns. The Green Organic Dutchman (TGODF) (TGOD), which signed a cannabis supply agreement with the Ontario Cannabis Retail Corporation on February 8, rose by 10.1% between February 8 and February 15. TGOD was followed by Planet 13 Holdings (PLNHF) (PNTH), which has returned 9.1% during the same period.
https://marketrealist.com/2019/02/green-organic-dutchman-and-planet-13-holdings-were-up-last-week?utm_source=yahoo&utm_medium=feed&yptr=yahoo
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