Cannabis sector trades lower, despite GW Pharmaceutical (GWPH) rallying after reporting earnings


“The cannabis market is highly correlated to the overall equity market at this point,” said Korey Bauer, portfolio manager of the Cannabis Growth CANNX,  +0.10%   mutual fund recently launched by Foothill Capital Management. “As the market matures, they will trade similarly to health care or consumer staples.” Canopy Growth Corp.

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