March 22, 2024 (Globalinvestorideas.com Newswire) Globalinvestorideas.com, a global news source and expert investing resource covering cannabis stocks reports on some of the top gainers in the sector in today’s trading.
Momentum is gathering in the sector again reminiscent of the glory days for cannabis investors as the DEA may possibly reschedule Marijuana and as Germany legalises cannabis possession for personal use.
Canopy Growth Corporation (TSX: WEED) (Nasdaq: CGC) is trading at $6.71, up $2.15 or 47.10% on the NASDAQ and $9.09, up $2.93 up 47.56 on the TSX.
Tilray Brands, Inc. (Nasdaq: TLRY) (TSX: TLRY) is trading at $3.0000, up 0.3700 or 14.0684% on the TSX and $2.1985, up 0.2485 or 12.7436% on the NASDAQ.
Yesterday Tilray announced the expansion of Redecan’s product portfolio with the launch of its latest genetics featuring Space Age Cake available in whole flower and its ‘Hemp’d’ pre-roll collection. Later this Spring, Redecan will debut its new Redees Hemp’d Taster Series and additional new flower. This innovative release marks Redecan’s commitment to providing consumers with exceptional cannabis experiences.
Aurora Cannabis Inc. (NASDAQ: ACB) (TSX: ACB) is trading at $4.5700, up 0.7300 or 19.0104% on the NASDAQ.
This week Aurora announced it has received Good Manufacturing Practice (GMP) certification from Australia’s Therapeutic Goods Administration (TGA) for its Canadian production facilities, River and Ridge. The TGA is responsible for regulating the supply, import, export, manufacturing and advertising of therapeutic goods in Australia. Obtaining TGA’s GMP certification enables the company to deliver top-tier cannabis products to Australia while confirming Aurora’s dedication to exporting products fully compliant with TGA regulations and the stipulations of TGO 93 (Standard for Medical Cannabis). The license grants approval for Aurora to broaden its product range offerings in the country, comprising dried flower, resin cartridges, pastilles and oils.
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