CannTrust Holdings shares rallied Wednesday to lead cannabis stocks higher, after the troubled company hired a financial adviser for a strategic review of its options, including a possible sale of the company.
Options under consideration include a partial sale, a strategic investment, a business combination or continuing with the company’s current plan. For more, read: How a freshly grown cannabis company managed to lose $500 million in less than a month Hexo shares HEXO, +0.36% HEXO, +0.18% were up 2.2% and Aurora Cannabis ACB, +0.69% ACB, +0.73% was up 1.9%. Snapchat SNAP, +2.01% and Twitter TWTR, +4.42% have published ads for the companies that are testing Canada’s restrictive laws on marketing weed. Screenshots of ads obtained by MarketWatch for brands, medical cannabis and other products may breach rules that ban advertising to teenagers.
Aurora!!!!
? Tilray and Cronos are kinda flat.
CannTrust $CTSC