The cannabis bubble seemingly hasn't burst yet with Tilray Inc. (TLRY) - Get Tilray, Inc. Report and Canopy Growth Corp. (CGC) - Get Canopy Growth Corporation Report , two of the market's hottest pot stocks, rising on Wednesday, Oct. 24. 

The increases came after days of declines for the sector, which has seen a sharp run-up in recent weeks that has investors concerned about the formation of a bubble. 

Shares of Tilray were rising 2%, Canopy Growth gained 0.6% and Cronos Group Inc. (CRON) - Get Cronos Group Inc Report gained 0.7%. 

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Aurora Cannabis Inc. (ACB) - Get Aurora Cannabis Inc. Report , which debuted on the New York Stock Exchange Tuesday, Oct. 23, was rising 2.21% after plunging in its debut.

Over the past five sessions Cronos dropped nearly 20%, while Canopy fell more than 15%, and Tilray fell 14%. 

It wasn't all good news for cannabis stocks Wednesday. India Globalization Capital Inc. (IGC) - Get India Globalization Capital, Inc. Reportcontinued its selloff, falling 4.5%, while DAVIDsTEA Inc. (DTEA) - Get DAVIDsTEA, Inc. Report declined 1.7%.

ETFMG Alternative Harvest ETF (MJ) - Get ETFMG Alternative Harvest ETF Report , the pot stock ETF, was rising nearly 3%.