Marijuana ETF Heads Lower After Aphria Rejects Acquisition Offer
February 06, 2019 at 14:03 PM EST
The ETFMG Alternative Harvest ETF (NYSEArca: MJ) fell 5 percent on Wednesday after Canada-based Aphria Inc. rejected an acquisition offer from U.S.-based cannabis producer Green Growth Brands. Cannabis stocks fell in unison following the news, hurting MJ’s holdings like Canopy Growth Corp....
