Cannabis equities open Wednesday’s US session with modest positive breadth among exchange-listed names, though the sector’s headline data point is a sharp intraday plunge in iPower (IPW), the hydroponic supply retailer with direct exposure to the cannabis cultivation market. The picture at approximately 15:00 BST — roughly 30 minutes into the US session — is one of cautious green across Canadian operators and ETFs, offset by OTC-listed multi-state operators that reflect the prior session’s close rather than Wednesday’s live trade. Following Tuesday’s session, where Trulieve led a partial recovery among US names, Business of Cannabis is tracking a split but broadly constructive opening tone today.
Of the 38 tickers with valid Finnhub data in this snapshot, 22 currently trade above their previous close, 14 are in negative territory, and 2 are flat. The positive breadth is concentrated in Canadian exchange-listed names: Village Farms International (VFF) is at $2.53 (+1.20%), Cronos Group (CRON) at $2.64 (+1.15%), Aurora® Cannabis (ACB) at $3.33 (+0.91%), and Tilray Brands (TLRY) at $5.25 (+0.77%). Canopy Growth® (CGC) holds just below $1.00 at $0.9951 (+0.54%). Among ETFs, AdvisorShares YOLO trades at $2.82 (+1.44%), the ETFMG Alternative Harvest ETF (MJ) is at $24.80 (+0.98%), and the MSOS pure-play US cannabis ETF holds at $4.42 (+0.45%).
The dominant move in Wednesday’s early session is iPower (IPW), currently at $0.54, down $0.26 or 32.3% against its prior close of $0.79. No earnings release, regulatory filing, or corporate announcement had been identified as the driver at the time of writing. iPower’s core business serves cannabis cultivators through hydroponics and garden supply retail, meaning any structural development at the company level carries implications for ancillary sector suppliers more broadly. The Business of Cannabis Stocks Tracker will reflect updated data as the session develops and further context emerges.
Among OTC-listed multi-state operators — whose prices here reflect the most recent available OTC close rather than Wednesday’s live session — the picture is broadly weaker. Curaleaf Holdings (CURLF) is at $3.22, down 6.9% on its prior print, while Trulieve Cannabis (TCNNF) sits at $7.58, off 5.5%. Cresco Labs (CRLBF) trades at $0.82, down 8.3%, and Ayr Wellness (AYRWF) is at $0.014, a 9.0% decline from its prior level. Green Thumb Industries (GTBIF) holds at $7.03 (-3.7%), and Acreage Holdings (AAWH) is at $0.48, reflecting a 10.3% fall in the most recent OTC session. These figures do not yet incorporate Wednesday’s trading activity for OTC names.
In live session gainers, Corbus Pharmaceuticals (CRBP) — which holds cannabis-derived pharmaceutical pipeline assets — trades at $9.49, up 3.7% in early NASDAQ trade, posting the largest live percentage gain among non-cannabis names in this snapshot. GrowGeneration (GRWG) is at $1.61 (+2.6%) in early trade on NASDAQ, while Glass House Brands (GLASF) prints at $10.27 in OTC data, up 2.8% on its prior session. On the ancillary side, Innovative Industrial Properties (IIPR) is at $54.75 (+0.55%) and The Scotts Miracle-Gro Company (SMG) holds at $56.51 (+0.32%). Jazz Pharmaceuticals (JAZZ) is at $238.71 (+0.53%).
Wednesday’s opening picture is one of cautious positive breadth on the exchange-listed side, with the OTC MSO cohort carrying the main negative weight from Tuesday’s session. iPower’s intraday sell-off of 32.3% is the standout single-name move and merits editorial review before publication. Follow our daily Cannabis Stocks Today coverage as the US session develops through the afternoon. Track all cannabis stocks live on the Business of Cannabis Stocks Tracker.
The post Cannabis Stocks Today — Wednesday 20 May 2026: iPower Plunges to $0.54 as Canadian LPs Hold Firm in Early Trade appeared first on Business of Cannabis.
Continue reading...
Of the 38 tickers with valid Finnhub data in this snapshot, 22 currently trade above their previous close, 14 are in negative territory, and 2 are flat. The positive breadth is concentrated in Canadian exchange-listed names: Village Farms International (VFF) is at $2.53 (+1.20%), Cronos Group (CRON) at $2.64 (+1.15%), Aurora® Cannabis (ACB) at $3.33 (+0.91%), and Tilray Brands (TLRY) at $5.25 (+0.77%). Canopy Growth® (CGC) holds just below $1.00 at $0.9951 (+0.54%). Among ETFs, AdvisorShares YOLO trades at $2.82 (+1.44%), the ETFMG Alternative Harvest ETF (MJ) is at $24.80 (+0.98%), and the MSOS pure-play US cannabis ETF holds at $4.42 (+0.45%).
| IPW | iPower Inc | $0.5384 | $-0.2565 | -32.27% |
| CBWTF | Cannabis Strategic Ventures | $0.1072 | +$0.0108 | +11.20% |
| AAWH | Acreage Holdings | $0.4800 | $-0.0550 | -10.28% |
| AYRWF | Ayr Wellness | $0.0141 | $-0.0014 | -9.03% |
| CRLBF | Cresco Labs | $0.8207 | $-0.0740 | -8.27% |
| CURLF | Curaleaf Holdings | $3.22 | $-0.2400 | -6.94% |
| TCNNF | Trulieve Cannabis | $7.58 | $-0.4400 | -5.49% |
| VEXTF | Vext Science | $0.2051 | $-0.0111 | -5.13% |
| CNBS | Amplify Seymour Cannabis ETF | $25.74 | $-1.14 | -4.23% |
| MAPS | WM Technology | $0.3551 | $-0.0152 | -4.10% |
| CRBP | Corbus Pharmaceuticals | $9.49 | +$0.3400 | +3.72% |
| GTBIF | Green Thumb Industries | $7.03 | $-0.2700 | -3.70% |
| GLASF | Glass House Brands | $10.27 | +$0.2750 | +2.75% |
| GRWG | GrowGeneration Corp | $1.61 | +$0.0400 | +2.55% |
| IXHL | Incannex Healthcare | $3.61 | $-0.0900 | -2.43% |
| YOLO | AdvisorShares Pure Cannabis ETF | $2.82 | +$0.0400 | +1.44% |
| VFF | Village Farms International | $2.53 | +$0.0300 | +1.20% |
| CRON | Cronos Group | $2.64 | +$0.0300 | +1.15% |
| MJ | ETFMG Alternative Harvest ETF | $24.80 | +$0.2400 | +0.98% |
| JUSHF | Jushi Holdings | $0.4673 | $-0.0046 | -0.97% |
| OGI | OrganiGram Holdings | $1.05 | +$0.0100 | +0.96% |
| TPB | Turning Point Brands | $90.06 | +$0.8200 | +0.92% |
| ACB | Aurora® Cannabis | $3.33 | +$0.0300 | +0.91% |
| TLRY | Tilray Brands | $5.25 | +$0.0400 | +0.77% |
| SNDL | SNDL Inc | $1.39 | +$0.0100 | +0.72% |
| AFCG | AFC Gamma | $3.41 | +$0.0200 | +0.59% |
| IIPR | Innovative Industrial Properties | $54.75 | +$0.3000 | +0.55% |
| CGC | Canopy Growth® Corporation | $0.9951 | +$0.0053 | +0.54% |
| JAZZ | Jazz Pharmaceuticals | $238.71 | +$1.26 | +0.53% |
| MSOS | AdvisorShares Pure US Cannabis ETF | $4.42 | +$0.0200 | +0.45% |
| HITI | High Tide Inc | $2.38 | +$0.0100 | +0.42% |
| SMG | The Scotts Miracle-Gro Company | $56.51 | +$0.1800 | +0.32% |
| IMCC | IM Cannabis Corp | $0.2240 | +$0.0007 | +0.31% |
| ABBV | AbbVie Inc | $213.57 | $-0.1900 | -0.09% |
| STZ | Constellation Brands | $146.39 | $-0.0800 | -0.05% |
| MO | Altria Group | $74.03 | +$0.0300 | +0.04% |
| REFI | Chicago Atlantic Real Estate Finance | $11.27 | $0.00 | 0.00% |
| EEX | Emerald Holding Inc | $5.00 | $0.00 | 0.00% |
[th]
Ticker
[/th][th]
Company
[/th][th]
Current Price
[/th][th]
Change ($)
[/th][th]
Change (%)
[/th]The dominant move in Wednesday’s early session is iPower (IPW), currently at $0.54, down $0.26 or 32.3% against its prior close of $0.79. No earnings release, regulatory filing, or corporate announcement had been identified as the driver at the time of writing. iPower’s core business serves cannabis cultivators through hydroponics and garden supply retail, meaning any structural development at the company level carries implications for ancillary sector suppliers more broadly. The Business of Cannabis Stocks Tracker will reflect updated data as the session develops and further context emerges.
Among OTC-listed multi-state operators — whose prices here reflect the most recent available OTC close rather than Wednesday’s live session — the picture is broadly weaker. Curaleaf Holdings (CURLF) is at $3.22, down 6.9% on its prior print, while Trulieve Cannabis (TCNNF) sits at $7.58, off 5.5%. Cresco Labs (CRLBF) trades at $0.82, down 8.3%, and Ayr Wellness (AYRWF) is at $0.014, a 9.0% decline from its prior level. Green Thumb Industries (GTBIF) holds at $7.03 (-3.7%), and Acreage Holdings (AAWH) is at $0.48, reflecting a 10.3% fall in the most recent OTC session. These figures do not yet incorporate Wednesday’s trading activity for OTC names.
In live session gainers, Corbus Pharmaceuticals (CRBP) — which holds cannabis-derived pharmaceutical pipeline assets — trades at $9.49, up 3.7% in early NASDAQ trade, posting the largest live percentage gain among non-cannabis names in this snapshot. GrowGeneration (GRWG) is at $1.61 (+2.6%) in early trade on NASDAQ, while Glass House Brands (GLASF) prints at $10.27 in OTC data, up 2.8% on its prior session. On the ancillary side, Innovative Industrial Properties (IIPR) is at $54.75 (+0.55%) and The Scotts Miracle-Gro Company (SMG) holds at $56.51 (+0.32%). Jazz Pharmaceuticals (JAZZ) is at $238.71 (+0.53%).
Wednesday’s opening picture is one of cautious positive breadth on the exchange-listed side, with the OTC MSO cohort carrying the main negative weight from Tuesday’s session. iPower’s intraday sell-off of 32.3% is the standout single-name move and merits editorial review before publication. Follow our daily Cannabis Stocks Today coverage as the US session develops through the afternoon. Track all cannabis stocks live on the Business of Cannabis Stocks Tracker.
The post Cannabis Stocks Today — Wednesday 20 May 2026: iPower Plunges to $0.54 as Canadian LPs Hold Firm in Early Trade appeared first on Business of Cannabis.
Continue reading...
