Why a Slew of Marijuana Stocks Blasted Higher Today

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Nearly every major pot stock closed sharply higher on Monday. Tilray (NASDAQ: TLRY), its partner-to-be Aphria (NASDAQ: APHA), Aurora Cannabis (NYSE: ACB), HEXO (NYSE: HEXO), and OrganiGram Holdings (NASDAQ: OGI) all rose at double-digit rates.

Little guy OrganiGram led the way with a 41% increase; the others followed with respective 17%, 14%, 16%, and 11% gains on the day.

Image source: Getty Images.

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