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CGC sold off after the company’s last earnings call, after reporting a wider than expected loss for the quarter. Interestingly, without the one-time write-off, CGC would have posted narrower-than-expected losses for the quarter, but that didn’t provide much consolation for the shareholders. CGC struggled with the rest of the sector in 2019, and it’s now trading close to all-time lows. To be included, companies must meet minimum trading requirements. Marijuana Stocks also have their own stock indexes with different guidelines and requirements companies must meet. Canadian and Australian companies must have a U.S. There are 61 cannabis-related companies listed on the index which is rebalanced every quarter.
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