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Cannabis Stocks: Last Week’s Negative Performance

Cannabis Stocks: Last Week’s Negative Performance

In the week ending December 14, the cannabis sector was broadly in the negative territory. The Horizons Marijuana Life Sciences ETF (HMMJ) fell 6.1% week-over-week. The ETFMG Alternative Harvest ETF (MJ) also ended in the negative territory with a 5.7% decline, while the Emerging Marijuana Growers Index ETF (HMJR) declined 2.5% during the same period.