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Cannabis stocks traded down this week, despite a series of financing announcements and other good news, including a new bill from Congress. GrowGeneration Corp. (NASDAQ:GRWG) wants to raise $125 million via a public offering. The offering was then upsized to $150 million on Wednesday, offering 5 million shares at a price of $30.00 per share. Weedmaps is going public via a merger with Silver Spike Acquisition Corp. (NASDAQ:SSPK), while  LeafLink closed a $40 million Series C funding round led by Founders Fund. “Money keeps flowing into the cannabis space as we saw the huge $1.5 billion valuation given to the Weedmaps deal with the Silver Spike SPAC. Not only that, GrowGeneration supersized its offering from $125 million to $150 million. Despite the inconsistent stock performance, there is still a big demand for investment in this industry,” Debra Borchard, editor in chief of Green Market Report, told Benzinga.

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