Canadian Marijuana Stocks Climb as Bill C-45 Receives Royal Assent

The Ubika Marijuana 25 Index of Canadian marijuana stocks continues to outperform year over year

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The Ubika Marijuana 25 Index of Canadian marijuana stocks has fallen slightly since our last report dated May 14, 2018, easing 1.5%. However, the index outperformed the TSXV Index, which fell by 5.2% over the same period.

Notable performers in this report include:

  1. Canopy Growth Corporation (TSX:WEED), which surged 21% as Bill C-45 received Royal Assent. This appeared to solidify WEED dominant position in the market
  1. Aurora Cannabis Inc. (TSX:ACB), which jumped 23% following numerous synergistic acquisitions and the upcoming completion of the MedReleaf acquisition.

Disclosure: Neither the author nor his family own shares in any of the companies mentioned above.

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