The actively managed fund will use technical analysis to track momentum in the sector. The BI Canada Cannabis Competitive Peers index has gained nearly 50 per cent since then, while other stocks have posted even more outsized gains. The stock rallied as much as 11 per cent in New York Thursday, pushing its market value past $10 billion (U.S.). The fund’s holdings will include Valens Groworks Corp., Sunniva Inc., C21 Investments Inc., CannTrust Holdings Inc. and Organigram Holdings Inc. We’re paying way too much for this, and the sector all goes down and some of it will never recover.’”

Source: thestar September 13, 2018 16:52 UTC