Canopy Growth Corp.CGC, +1.83% led the gainers, adding 2.9% in midmorning trade. Canopy is viewed as one of the stronger players in the new sector, thanks to a $4 billion investment from drinks giant Constellation Brands Inc. STZ, -0.78% Cronos Corp.CRON, +5.20% was up 3.1%. Tilray Inc. TLRY, +0.68% was up 1.8% and Aphria Inc.APHA, +3.45% was up 1.4%. Aurora Cannabis Inc. was up 2.1%, and Green Organic Dutchman Holdings was up 4.1%. The ETFMG Alternative Harvest ETFMJ, +0.42% was up 0.6% and the Horizons Mariujana Life Sciences ETFHMMJ, +0.96% was up 1%. The S&P 500 SPX, -1.01% was down 1.4% and the Dow Jones Industrial Average DJIA, -1.41% was down 1.7%.
The ETFMG Alternative Harvest ETF (MJ) was trading at $29.62 per share on Tuesday afternoon, up $0.12 (+0.41%). Year-to-date, MJ has declined -8.93%, versus a 0.05% rise in the benchmark S&P 500 index during the same period.
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