Business
Why Shares of Aurora Cannabis, Charlotte’s Web, and Aphria Moved Higher Today – The Motley Fool
Pot stocks have been flying high since the U.S. election.
What happened
Shares of Canadian marijuana companies Aurora Cannabis(NYSE:ACB) and Aphria(NASDAQ:APHA), along with U.S.-based cannabidiol (CBD) products supplier Charlotte’s Web Holdings(OTC:CWBHF), have been on a tear since the U.S. election on Nov. 3.
That run appeared to be continuing today, with Aphria and Charlotte’s Web up 10% earlier, while Aurora moved up about 5%. Those jumps have since waned somewhat. As of 11:20 a.m. EST, Aphria shares are still up about 7%. But shares of Charlotte’s…
