Get all your news in one place.
100's of premium titles.
One app.
Start reading
Benzinga
Benzinga
Business
Henry Khederian

Here's Why Aurora Cannabis, Canopy Growth, Cronos Group, Sundial Growers And Tilray Shares Are Falling

Shares of many cannabis stocks, including Aurora Cannabis Inc (NASDAQ:ACB), Canopy Growth Corp (NASDAQ:CGC), Cronos Group Inc (NASDAQ:CRON), Sundial Growers Inc (NASDAQ:SNDL) and Tilray Inc (NASDAQ:TLRY), are all trading lower due to profit-taking from last week's rally amid news the U.S. House Rules Committee scheduled a Monday afternoon meeting to prepare a federal marijuana legalization bill for floor action.

Several cannabis stocks saw marked interest on social media during last Thursday's after-hours and throughout last Friday's trading sessions. At the time of publication, Tilray is trending on Stocktwits amid Monday's selling pressure.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.