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Cannabis Stocks Collapse After Trump Win: Major Players See Double-Digit Declines At Wednesday's Close

Benzinga ·  Nov 7 07:54

Following Donald Trump's presidential election victory Tuesday, the cannabis sector took a sharp downturn.

Here's a summary of the largest stock declines across the industry based on data from Benzinga Pro.

  • Get Benzinga's exclusive analysis and the top news about the cannabis industry and markets daily in your inbox for free. Subscribe to our newsletter here. You can't afford to miss out if you're serious about the business.

Top Cannabis Stocks And ETFs Facing Major Losses Post-Election

  • Trulieve Cannabis (OTC:TCNFF): Closed at $7.136, down $5.564 (-43.81%). Volume: 3,590,905 shares.
  • Cansortium (OTC:CNTMF): Ended at $0.09803, falling $0.058 (-37.16%). Volume: 2,226,672 shares.
  • AdvisorShares Pure US Cannabis ETF (NYSE:MSOS): Closed at $4.935, down $1.935 (-28.17%). Volume: 35,572,290 shares.
  • Curaleaf Holdings (OTC:CURLF): Closed at $2.23, down $0.884 (-28.39%). Volume: 3,072,876 shares.
  • Cresco Labs (OTC:CRLBF): Ended at $1.1342, dropping $0.3958 (-25.87%). Volume: 3,163,255 shares.
  • C21 Investments (OTC:CXXIF): Closed at $0.17, down $0.0536 (-23.97%). Volume: 218,362 shares.
  • Canopy Growth (NASDAQ:CGC): Closed at $4.285, losing $1.305 (-23.35%). Volume: 10,958,783 shares.
  • Scotts Miracle-Gro (NYSE:SMG): Closed at $74.46, falling $19.01 (-20.34%). Volume: 2,562,247 shares.
  • Green Thumb Industries (OTC:GTBIF): Finished at $8.61, down $2.07 (-19.38%). Volume: 2,503,233 shares.
  • Amplify Alternative Harvest ETF (NYSE:MJ): Closed at $2.71, down $0.61 (-18.37%). Volume: 3,404,675 shares.
  • Aurora Cannabis (NASDAQ:ACB): Closed at $5.01, down $1.10 (-18.00%). Volume: 3,702,665 shares.
  • Jushi Holdings (OTC:JUSHF): Closed at $0.391, down $0.0753 (-16.15%). Volume: 587,553 shares.
  • AdvisorShares Pure Cannabis ETF (NYSE:YOLO): Closed at $2.7896, down $0.5304 (-15.98%). Volume: 314,508 shares.
  • Vext Science (OTC:VEXTF): Closed at $0.1165, down $0.021 (-15.27%). Volume: 379,172 shares.
  • SNDL (NASDAQ:SNDL): Closed at $2.035, down $0.355 (-14.85%). Volume: 6,016,260 shares.
  • Tilray Brands (NASDAQ:TLRY): Closed at $1.52, down $0.25 (-14.12%). Volume: 45,915,711 shares.
  • Medical Marijuana Inc. (OTC:MJNA): Closed at $0.0007, down $0.0001 (-12.5%). Volume: 25,466,093 shares.
  • OrganiGram Holdings (NASDAQ:OGI): Closed at $1.675, down $0.175 (-9.46%). Volume: 1,274,063 shares.
  • Village Farms International (NASDAQ:VFF): Closed at $0.8332, down $0.0659 (-7.33%). Volume: 1,133,165 shares.
The above content is for informational or educational purposes only and does not constitute any investment advice related to Futu. Although we strive to ensure the truthfulness, accuracy, and originality of all such content, we cannot guarantee it.
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