The
The
AdvisorShares Pure US Cannabis ETF (NYSE:MSOS): dropped 6.3%.
The
The
The
SPDR S&P 500 ETF Trust (NYSE:SPY) was up 0.9%, after recovering from Thursday s losses on Friday afternoon.
One move that pretty much flew under the radar:
Alimentation Couche-Tard Inc., owner of Circle K, boosted its stake in Canadian cannabis company
Fire & Flower Holdings Corp. (OTCQX:FFLWF), converting roughly $52 million it held in debt to equity. Following the transaction, the retail giant will own 19.9% of Fire & Flower.
“I think the move by Alimentation Couche Tard doesn t get nearly the amount of attention it should,” Green Market Report Editor-in-Chief Debra Borchardt told Benzinga. “Seeing a bigger move in the convenience store space towards cannabis should be unsettling to most cannabis companies,” she warned, wondering if smaller producers will eventually be relegated to craft cannabis, as “the volume players become the Budweisers and Miller beer versions of ca
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