The article is about how some cannabis company stocks went up or down in price on August 29, 2024. Some stocks that went up include Maple Leaf Green World, Blueberries Medical, Affinor Growers, and more. Stocks that went down include Elixinol Wellness, Pharmadrug, and more. Read from source...
The article `Cannabis Stock Movers For August 29, 2024` by Benzinga Staff Writer presents a list of cannabis stocks that moved significantly on the given day. The author seems to present an objective summary of the market, but there are some issues with the presentation. Firstly, the article seems to focus too much on the stock prices, which could lead readers to make investment decisions purely based on price movements, ignoring important factors such as the fundamentals of the companies, the quality of their management, and their market position. Secondly, the use of the term 'gainers' and 'losers' could create a negative perception of the companies whose stock prices went down, even if there is a valid reason for the decline. Overall, the article appears to be more suitable for readers who are primarily interested in making quick investment decisions based on short-term price movements rather than those who are seeking a deeper understanding of the companies or the industry as a whole.
- Maple Leaf Green World (MGWFF): shares closed up 88.15%, recommendation - 'Invest'
- Blueberries Medical (BBRRF): shares closed up 44.23%, recommendation - 'Invest'
- Affinor Growers (RSSFF): shares closed up 15.84%, recommendation - 'Invest'
- SOL Glb Inv (SOLCF): shares closed up 15.83%, recommendation - 'Invest'
- CLS Holdings USA (CLSH): shares closed up 11.74%, recommendation - 'Invest'
- Leafbuyer Techs (LBUY): shares closed up 9.09%, recommendation - 'Invest'
- Auxly Cannabis Group (CBWTF): shares closed up 8.8%, recommendation - 'Invest'
- CNBX Pharmaceuticals (CNBX): shares closed up 7.36%, recommendation - 'Invest'
- Cipher Pharmaceuticals (CPHRF): shares closed up 6.92%, recommendation - 'Invest'
- Eastside Distilling (EAST): shares closed up 5.3%, recommendation - 'Invest'
- Cannabix Technologies (BLOZF): shares closed up 5.24%, recommendation - 'Invest'
- cbdMD (YCBD): shares closed up 4.51%, recommendation - 'Invest'
- Greenlane Hldgs (GNLN): shares closed up 4.21%, recommendation - 'Invest'
- CV Sciences (CVSI): shares closed up 4.19%, recommendation - 'Invest'
- Curaleaf Holdings (CURLF): shares closed up 4.00%, recommendation - 'Invest'
- Cansortium (CNTMF): shares closed up 3.85%, recommendation - 'Invest'
- Corbus Pharmaceuticals (CRBP): shares closed up 3.83%, recommendation - 'Invest'
- Urban-gro (UGRO): shares closed up 3.73%, recommendation - 'Invest'
- Cresco Labs (CRLBF): shares closed up 3.36%, recommendation - 'Invest'
Losers:
- Elixinol Wellness (ELLXF): shares closed down 80.00%, recommendation - 'Avoid'
- Pharmadrug (LMLLF): shares closed down 16.11%, recommendation - 'Avoid'
- 22nd Century Group (XXII): shares closed down 14.06%, recommendation - 'Avoid'
- CordovaCann (LVRLF): shares closed down 12.50%, recommendation - 'Avoid'
- Mexco Energy (MXC): shares closed down 9.92%, recommendation - 'Avoid'
- 1933 Industries (TGIFF): shares closed down 6.90%, recommendation - 'Avoid'
- Genetic Technologies (GENE): shares closed down 5.79%, recommendation - 'Avoid'
- RIV Capital (CNPOF): shares closed down 3.69%, recommendation - 'Avoid'
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