Cannabis Watch: Cannabis stocks mixed as investors await next crop of earnings

Cannabis stocks were mixed on Wednesday, pressured by a third day of tensions in broader equity markets amid trade conflict between the U.S. and China, as investors await the next crop of earnings from the sector, starting Thursday with Cronos Group Inc.

The Dow Jones Industrial Average DJIA, +0.46% and S&P 500 SPX, +0.29% fell before reversing their losses, after the U.S. government said it is increasing tariffs on about $200 billion of Chinese goods to 25% from 10%. Adding to the gloom was the news that Iran may cease compliance with parts of a 2015 nuclear deal signed with the U.S.

>>> Original Source <<<