Pot stocks off to a flying start in 2025
Pot stocks are screaming higher in the first trading day of 2025.
Canopy Growth and Tilray are leading the upside, with SNDL Inc. and Cronos Group also gaining.
For the cohort, far more bullish options are changing hands compared to bearish ones. Canopy, for instance, is seeing more than 55 calls trade for every put (versus a 20-day average of 4-to-1) as of 9:45 a.m.
Cannabis stocks had a rough 2024 even as more Americans than ever enjoyed a toke (or edible).