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Buds & Duds: Cannabis stocks grow to end the week; HEXO falls on downgrade, job cuts

Published: 16:47 25 Oct 2019 EDT

The North American Marijuana Index, which tracks the top cannabis stocks in the US and Canada, gained 0.8% to stand at 140 points. Elsewhere, the OTCQX Cannabis Index inched 0.4% higher to 490.2 points.

Buds today were MedMen Enterprises Inc (CSE:MMEN) (OTCMKTS:MMNFF), Aphria Inc (TSE:APHA) (NYSE:APHA). Duds were HEXO Corp (TSE:HEXO ) (NYSE:HEXO), CannTrust Holdings Inc (TSE:TRST) (NYSE:CTST).

Australian Strategic Materials signs US$600 million LoI

Rowena Smith, CEO and managing director of Australian Strategic Materials Ltd (ASX:ASM, OTC:ASMMF), joins Jonathan Jackson in the Proactive studio to discuss the company’ s Dubbo Project, in Central West New South Wales. This project aims to extract and process critical minerals and rare earth...

4 hours, 54 minutes ago