Cannabis stocks traded up this week, aided by strong earnings reports, big M&A announcements and the reintroduction of the Marijuana Opportunity Reinvestment and Expungement Act (MORE) into Congress, after the previous year's version failed to pass the Senate.
Auxly Cannabis Group Inc. (TSX: XLY) (OTCQX: CBWTF) completed an $8 million private placement offering of units, with ATB Capital Markets Inc. acting as the only agent.