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Motley Fool
Why Tilray, Sundial Growers, and Hexo All Dropped in July
An interesting development occurred in the cannabis sector last month with a new proposal from congressional leaders in the U.S. to decriminalize marijuana. For the month of July, shares of Tilray (NASDAQ: TLRY), Sundial Growers (NASDAQ: SNDL), and Hexo (NYSE: HEXO) dropped 19.2%, 13.1%, and 31.3%, respectively, according to data provided by S&P Global Market Intelligence.