The Week In Cannabis: Good Policy News, Mixed Stock Performance, Strong Week For ETFs

The Week In Cannabis: Good Policy News, Mixed Stock Performance, Strong Week For ETFs

On the markets front, Cronos Group Inc (NASDAQ: CRON) posted gains of up to 40% on Wednesday’s after-hours session. Aphria Inc (TSX: APHA) (NYSE: APHA) went on a rally after reporting net first-quarter revenue of CA$126.1 million ($95.3 million), up 849% year-over-year, on revenue for adult-use cannabis of CA$20million, up 8% quarter-over-quarter. The company posted positive adjusted EBITDA of CA$1 million and adjusted EBITDA from cannabis operations of CA$1.3 million in the quarter. READ MORE: https://finance.yahoo.com/news/week-cannabis-good-policy-news-140529375.html?.tsrc=rss The post The Week In Cannabis: Good Policy News, Mixed Stock Performance, Strong Week For ETFs appeared first on Cannabis Daily.

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