Cannabis stocks are rising in the pre-market amid great interest from retail investors on social media, particularly in the Reddit WallStreetBets community.
Sundial Growers (NASDAQ: SNDL) is trading 30% higher at $ 3.83 in the first pre-market session at press time on Thursday.
Tilray (NASDAQ: TLRY) was up 11.1% to $ 71. Aphria Inc. (NASDAQ: APHA) 11.2% at $ 29.25.
Aurora Cannabis (NYSE: ACB) is trading 8.3% higher at $ 20.5. Canopy Growth Corporation (NASDAQ: CGC) was up 2.5% to $ 53.46.
Cronos Group Inc. (NASDAQ: CRON) The shares are trading 1.8% higher at $ 15.83.
Sundial is the most talked about share on WallStreetBets on Thursday, according to SwaggStocks data, with a comment volume of 4,826. Tilray and Aphria are also seeing very high interest.
Tilray and Aurora Cannabis are the most talked about actions at Stocktwits so far.
Tilray’s UK distribution deal and Canopy Growth’s earnings also boosted the Cannabis sector.
See also: How to Invest in Cannabis Stock
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