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Why Canopy Growth, Aurora Cannabis, and HEXO Stocks Are Glowing Green Today

Rich Smith, The Motley Fool
·2 min read
Why Canopy Growth, Aurora Cannabis, and HEXO Stocks Are Glowing Green Today

Friday began on a high note for marijuana stocks, as investment bank Jefferies announced it was turning around its opinion of Tilray (NASDAQ: TLRY) stock 180 degrees, upgrading the shares from underperform all the way to buy. Tilray stock responded as you'd expect, surging 17% in morning trading, but other marijuana stocks are responding positively as well. As of 11 a.m. EDT, Canopy Growth (NASDAQ: CGC) stock is up a strong 6%, HEXO (NYSE: HEXO) is even better at 7%, and Aurora Cannabis (NYSE: ACB) is best of all with a 7.5% gain.

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