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Cannabis stocks were a sea of red again on Monday, with Aurora Cannabis tumbling another 15% following disappointing earnings and MedMen down 23% on news of job cuts and asset sales.
The ETFMG Alternative Harvest ETF MJ, -4.35% was last down 4% with 26 of its 36 member stocks trading lower.
The Horizons Marijuana Life Sciences ETF HMMJ, -5.70% was down 5%, with 48 of its constituent stocks declining.
See: Canada tells cannabis companies to improve disclosures of cross-holdings. The facility is no longer operational after Hexo opted to wind down operations as part of a cost-cutting exercise.
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