Cannabis stocks were mixed Wednesday.
Among notable stocks in the sector, eight rose while seven fell.
Tilray shares (TLRY) - Get Report rose $3.04, or 10.38%, to $32.34. The company announced it has signed its first agreement to supply cannabis from its facility in Portugal to Germany.
General Cannabis shares (CANN) fell 6 cents, or 5.26%, to $1.08.
The Horizons Marijuana Life Sciences ETF (HMLSF) rose 10.17 cents, or 0.89%, to $11.56.
Large cap stocks with notable cannabis initiatives rose.
Shares of AbbVie, Inc. (ABBV) - Get Report rose $1.13, or 1.7%, to $67.54. The company makes Marinol, a drug based on a synthetic form of THC that is used to treat nausea from chemotherapy among other conditions.