Hashish shares fall for third straight day as market digests final of a weak batch of quarterly earnings
Hashish shares fell for a 3rd straight day Monday, weighed down by the business’s continued weak fundamentals, with firms nonetheless posting losses as they wrestle to generate income.
The market is digesting the ultimate third-quarter numbers from Canadian and U.S. gamers, and sentiment is being harm by weaker-than-expected outcomes, based on Greg McLeish, analyst at Mackie Analysis Capital Corp.
“What we’ve seen in Canada particularly is the disastrous retail rollout that’s stopping licensed producers placing product into the retail channel,” he stated. “That’s hurting web outcomes and…