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Why Aurora Cannabis, Aphria, and Charlotte's Web Stocks Are Wilting Wednesday

Why Aurora Cannabis, Aphria, and Charlotte's Web Stocks Are Wilting Wednesday

The stock market's meltdown continued Wednesday morning, with the S&P 500 falling close to 3%. As of midday trading, Aphria shares shed 3.5%, and Charlotte's Web was down 5% -- but Aurora Cannabis shares recovered to only a 2.6% loss, which is actually a somewhat smaller-than-average loss relative to the market as a whole. This is surprising because, of the three marijuana stocks named, Aurora Cannabis is actually the only one that has specific bad news attached to it today.