Cannabis Stocks Fall After Attorney General Nominee's Comments About Marijuana -- MarketWatch
Cannabis Stocks Fall After Attorney General Nominee's Comments About Marijuana -- MarketWatch
DJ Cannabis Stocks Fall After Attorney General Nominee's Comments About Marijuana -- MarketWatch
At a confirmation hearing Tuesday, attorney general nominee William Barr said that the current system (http://www.marketwatch.com/story/barr-would-not-go-after-marijuana-companies-as-attorney-general-he-says-at-confirmation-hearing-2019-01-15) around marijuana laws is 'untenable' and he personally supports prohibiting marijuana across the U.S. But, Barr said that under the current set of laws he would not go after cannabis businesses that comply with state regulations and a rescinded Justice Department memo. After Barr's comments, the ETFMG Alternative Harvest ETF (MJ), which includes a basket of the largest pot stocks, fell roughly 3% in 15 minutes. Some of the biggest names in the cannabis sector got a late-session haircut too: Canopy Growth Corp. (WEED.T), closed down 2.8%, Aurora Cannabis Inc. touch a mid-session high of a roughly 11% gain but closed the day down 3.2%. Cronos Group Inc. also experienced a similar trading pattern and closed down 5.2%. The lock-up period for Tilray Inc. expired Tuesday and shares fell 17% in the regular session. The Alternative Harvest ETF closed down 3.2% Tuesday.
-Max A. Cherney
For more from MarketWatch: http://www.marketwatch.com/newsviewer
(END) Dow Jones Newswires
January 15, 2019 16:33 ET (21:33 GMT)
Copyright (c) 2019 Dow Jones & Company, Inc.
DJ Cannabis Stocks Fall After Attorney General Nominee's Comments About Marijuana -- MarketWatch
DJ 司法部長提名人對大麻的評論後，大麻股市下跌-市場觀察
At a confirmation hearing Tuesday, attorney general nominee William Barr said that the current system (http://www.marketwatch.com/story/barr-would-not-go-after-marijuana-companies-as-attorney-general-he-says-at-confirmation-hearing-2019-01-15) around marijuana laws is 'untenable' and he personally supports prohibiting marijuana across the U.S. But, Barr said that under the current set of laws he would not go after cannabis businesses that comply with state regulations and a rescinded Justice Department memo. After Barr's comments, the ETFMG Alternative Harvest ETF (MJ), which includes a basket of the largest pot stocks, fell roughly 3% in 15 minutes. Some of the biggest names in the cannabis sector got a late-session haircut too: Canopy Growth Corp. (WEED.T), closed down 2.8%, Aurora Cannabis Inc. touch a mid-session high of a roughly 11% gain but closed the day down 3.2%. Cronos Group Inc. also experienced a similar trading pattern and closed down 5.2%. The lock-up period for Tilray Inc. expired Tuesday and shares fell 17% in the regular session. The Alternative Harvest ETF closed down 3.2% Tuesday.
在週二的確認聽證會上，司法部長提名人威廉·巴爾（William Barr）說，目前圍繞大麻法律的制度（http://www.marketwatch.com/story/barr-would-not-go-after-marijuana-companies-as-attorney-general-he-says-at-confirmation-hearing-2019-01-15）是「不可忍受的」，他個人支持在美國各地禁止大麻，但巴爾說，根據當前的一套法律，他不會追求遵守國家法規和被撤銷的司法部備忘錄的大麻企業。在巴爾的評論之後，包括一籃子最大的底池股票的 ETFMG 替代收穫 ETF（MJ）在 15 分鐘內下跌了約 3％。大麻行業的一些知名人士也進行了晚期理髮：林冠增長公司（WEED.T）關閉了 2.8％，Aurora 大麻 Inc. 觸及會議中期高位，大約 11％ 的增益，但關閉了一天下降 3.2％。克羅諾斯集團公司也經歷了類似的交易模式並收盤了 5.2％。Tilray Inc. 的鎖倉期週二到期，股價在常規會議中下跌了 17％。另類收穫 ETF 週二關閉了 3.2％。
-Max A. Cherney
-馬克斯 ·A· 切尼
For more from MarketWatch: http://www.marketwatch.com/newsviewer
欲了解更多來自市場查看:http://www.marketwatch.com/newsviewer
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(完) 道瓊斯通訊社
January 15, 2019 16:33 ET (21:33 GMT)
2019 年一月十五日歐洲時間 16:33（格林威治標準時間 21:33）
Copyright (c) 2019 Dow Jones & Company, Inc.
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