Buds

Cannabis stocks rebounded today, with a slew of green across Canada and US markets. 

CV Sciences Inc (OTCMKTS:CVSI) was one of the best performers, rising a blistering 27.4% to US$4.52. The Henderson, Nevada-based life-science company develops cannabidiol‐based pharmaceuticals and consumer products. 

Other gainers included Aphria Inc (TSE:APHA), which has been under pressure in November on the back of a shaky rollout of recreational cannabis in Canada and a postal strike. Aphria has supply agreements in place with all provinces and one territory in Canada. Shares were up 8.2% to C$11.13.

Shares of The Green Organic Dutchman Holdings (TSE:TGOD) perked up Wednesday, up 4.4% to C$3.30. The company recently entered a supply partnership with Velvet Management Inc that will allow for sales and distribution to provincial liquor and cannabis boards across Canada.

Canopy Growth Corporation (TSE:WEED) (NYSE:CGC) shares perked up 5.7% to US$33.52

Duds

Tilray Inc (NASDAQ:TLRY) shares were down less than 1% to US$115. The company doubled the amount of cannabis sold in its third quarter but reported a decline in average selling prices.

Shares of Origin House Corp (CSE:OH) dipped 3.63%, to C$7.96. Tuesday, the company reported a huge bump in revenue, but more than doubled its net losses.

The North American Marijuana Index, which tracks the leading cannabis stocks in the US and Canada, was up 4.8% Wednesday afternoon.