Cannabis stocks and exchange-traded funds fell Friday. Among cannabis stocks tracked by TheStreet, two rose while nine fell.
General Cannabis shares
(CANN) rose 6 cents, or 3.77%, to $1.65.
(TLRY) - Get Report fell $1.93, or 4.06%, to $45.66.
The Alternative Harvest ETF
(MJ) - Get Report fell 21 cents, or 0.62%, to $33.67.
The AdvisorShares Pure Cannabis ETF
(YOLO) - Get Report fell 24.51 cents, or 0.97%, to $24.93.
The Horizons Marijuana Life Sciences ETF
(HMLSF) fell 11.79 cents, or 0.78%, to $14.97.
Large-cap stocks with notable cannabis initiatives were mixed.
Shares of Scotts Miracle-Gro
(SMG) - Get Report rose 44 cents, or 0.5%, to $87.84. The company's Hawthorne Gardening subsidiary supplies hydroponic growing equipment to cannabis growers.
Shares of Anheuser-Busch InBev
(BUD) - Get Report fell $1.24, or 1.48%, to $82.64. The company is in a joint venture with Tilray to develop cannabis beverages.
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