Canadian Cannabis Market Overview
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What’s Happening…
Aphria (APH) $5.62 (-$0.08 or 1.4%)
Aphria through a strategic investment has been successful in their first step of their US expansion plan. This allows Aphria to expand through utilizing their cultivation and process expertise.
Aurora Cannabis (ACB) $2.49 (-$0.01 or 0.4%)
No news posted
CanniMed (CMED) $8.91 (-$0.47 or 5%)
No news posted
Cannabis Wheaton Income (CBW) $1.44 (+$0.07 or 5%)
No news posted
Canopy Growth Corp (WEED) $7.95 (-$0.14 or 1.7%)
No news posted
Emerald Health Botanicals (EMH) $1.14 (-$0.01 or 0.87%)
No news posted
Hydropothecary (THCX) $1.78 (+$.00 or %)
No news posted
OrganiGram (OGI) $2.55 (-$0.01 or 0.4%)
No news posted
Radient Technologies Inc. (RTI) $0.69 (-$0.09 or 11.5%)
No news posted
Just cuz,
A union alliance representing 175K Quebec construction workers walked out after a strike deadline of Tuesday midnight did not result in an agreement. The Quebec government was contemplating Back to work Legislation in the event of this outcome. The walkout reflects a loss of $45 Million / day for the Quebec economy. Contentious issues for the workers are overtime and scheduling in the industrial sector and salaries in the residential. With Canadian workers earnings flat for a good number of years the rationale is there, however it is a lot of money not moving in the economy on a daily basis.
Resources;
Ross Marowits The Canadian Press (Quebec Construction Strike)
https://aphria.com/aphria-advances-growth-in-us-medical-cannabis-market/
THIS IS NOT FINANCIAL ADVICE
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