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Cannabis Sector Continued to Slide Last Week

Adam Jones
Cannabis Sector Continued to Slide Last Week

The cannabis sector continued to slide last week. The benchmark Horizons Marijuana Life Sciences ETF (HMMJ) declined 9.2% between July 13 and July 20. Similarly, the Emerging Marijuana Growers Index ETF (HMJR) declined 5.6%, and the ETFMG Alternative Harvest ETF (MJ) declined by 5.5% over the same period.