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.
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%.