Markets
markets
Luke Kawa

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).

More Markets

See all Markets

Latest Stories

Sherwood Media, LLC produces fresh and unique perspectives on topical financial news and is a fully owned subsidiary of Robinhood Markets, Inc., and any views expressed here do not necessarily reflect the views of any other Robinhood affiliate, including Robinhood Markets, Inc., Robinhood Financial LLC, Robinhood Securities, LLC, Robinhood Crypto, LLC, or Robinhood Money, LLC.