Global marijuana stocks up 1.2% for the week, driven by M&A rumours. The global marijuana stock index had a volatile week, but ended up slightly for the week.
News broke on Friday that the US Federal Government would not interfere with state regulation of legal marijuana, driving global marijuana stocks up between 6%-15% for the day and 13% for the week.
Global marijuana stocks are having a rough week are are now down 6% since the second reading of the marijuana bill in the Canadian Senate compared to the TSX and S&P.
