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Marijuana ETF Heads Lower After Aphria Rejects Acquisition Offer

The ETFMG Alternative Harvest ETF (NYSEArca: MJ) fell 5 percent on Wednesday after Canada-based Aphria Inc. rejected an acquisition offer from U.S.-based cannabis producer Green Growth Brands. Cannabis stocks fell in unison following the news, hurting MJ’s holdings like Canopy Growth Corp....
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