Cannabis Watch: Cannabis stocks fall across the board as Aphria rejects bid, crackdown on CBD spreads

Cannabis stocks were mostly lower Wednesday, led by Aphria Inc. after the company rejected a hostile bid from Green Growth Brands Inc. that it said significantly undervalues the company. Shares of the Canadian cannabis company APHA, -6.66% APHA, -6.47%  slid about 7% in early trade, while Green Growth GGBXF, -3.96%  was down 6%.