Why Canopy Growth, Sundial Growers, and Curaleaf Stocks Just Dropped

·2 min read
Why Canopy Growth, Sundial Growers, and Curaleaf Stocks Just Dropped

Marijuana stocks had a great run this week, no doubt about it -- but all good things must come to an end. After running up nearly 8% over two trading days as the U.S. House of Representatives contemplated attaching marijuana legalization legislation to a defense spending bill, shares of Canopy Growth (NASDAQ: CGC) are relapsing 4% in 11:40 a.m. EDT trading Friday. At last report, Curaleaf Holdings (OTC: CURLF) has lost 1.7% today, Sundial Growers (NASDAQ: SNDL) is off 2.9%, and cannabidiol purveyor Charlotte's Web (OTC: CWBHF) is down 3.1%.

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