Here is today's cannabis stocks recap, with the winners, the losers and the news behind the moves. The week that brought a new Congress, a defeated repeal in Massachusetts and a takeover bid for Aurora ended with most cannabis stocks higher, but well off their midweek peak.
ETFs, week: MSOS +7.6% to $4.24, MJ +8.9%, CNBS +7.1%, YOLO +9.9%. MSOS hit $4.49 on Tuesday, up 14% in two sessions, then gave part of it back.
Winners for the week
- #AuroraCannabis (#ACB): +29.1% to $5.24, after agreeing to be acquired by #Organigram for C$7.80 a share
- #Tilray (#TLRY): +15.4% to $2.92, after raising its FY2027 EBITDA guidance to $70–75M
- #SNDL: +14.1% to $1.42
- #Curaleaf (#CURLF): +13.3% to $9.37
- #CronosGroup (#CRON): +9.4% to $3.61, after setting a new 52-week high on its Q3 report
Losers for the week
- #Organigram (#OGI): −6.1% to $0.88, the acquirer in the Aurora deal
- #CrescoLabs (#CRLBF): −3.0% to $0.56, at its 52-week low
- #TurningPointBrands (#TPB): −2.1% to $65.88
- #CanopyGrowth (#CGC): −0.2% to $0.65, after touching a new 52-week low of $0.58 on Friday, the day it reported Q2 revenue up 22% and a wider net loss
MSOs: #GreenThumb (#GTBIF) +8.1% to $6.78, including +8.5% on Friday; Curaleaf +13.3%; Cresco −3.0%.
How the news lined up with the week
- Politics. Democrats won both chambers of Congress, Massachusetts rejected repeal by about three to one, and Pennsylvania and Wisconsin gained legalization trifectas. US MSOs rallied into the vote, then sold off after it.
- Deals. Organigram's offer for Aurora tops Curaleaf's earlier bid. Curaleaf says its own offer remains outstanding.
- Earnings. Cronos, Aurora and Canopy all pointed to growth outside Canada.
- Hemp, this weekend. Industry groups filed a federal lawsuit to block Illinois' hemp THC ban, and a Texas court canceled arguments in a hemp-rules case after Democratic justices won their races.
These are correlations, not proof of cause.
Did election week change your view of US cannabis stocks, or was it a rally that faded on schedule?
Not investment advice.
#cannabisstocks #MSOS #cannabisindustry #investing #Election2026
