Cannabis Stocks Rise and Fall on June 19, 2025: Rocky Mountain High Leads Gainers

Cannabis stocks showed mixed results on June 19, 2025. Gainers included Rocky Mountain High RMHB, Kaya Holdings KAYS, Fluent CNMF, 4Front Ventures FFNTF, CNBX Pharmaceuticals CNBX, and Charlotte's Web Holdings CWBHF. Losers included Pharmadrug LMLLF, Aurora Cannabis ACB, Belgravia Hartford Cap BLGVF, iAnthus Capital Hldgs ITHUF, 1933 Industries TGIFF, Greenlane Hldgs GNLN, 22nd Century Group XXII, and SOL Global Investments SOLCF.

Cannabis stocks experienced a mixed performance on June 19, 2025, with several companies posting significant gains while others faced declines. Among the notable gainers were Rocky Mountain High (RMHB), Kaya Holdings (KAYS), Fluent (CNTMF), 4Front Ventures (FFNTF), CNBX Pharmaceuticals (CNBX), and Charlotte's Web Holdings (CWBHF). These companies saw their stock prices increase by 26.67%, 13.29%, 12.39%, 11.11%, 10.00%, and 4.38%, respectively [1].

Conversely, several companies reported losses, with Pharmadrug (LMLLF) leading the way with a 24.96% drop. Aurora Cannabis (ACB) also faced significant declines, dropping by 20.07%. Belgravia Hartford Cap (BLGVF), iAnthus Capital Hldgs (ITHUF), 1933 Industries (TGIFF), Greenlane Hldgs (GNLN), 22nd Century Group (XXII), and SOL Global Investments (SOLCF) also saw their stock prices decrease by 14.12%, 13.39%, 8.43%, 3.85%, 3.61%, and 3.44%, respectively [1].

Aurora Cannabis, despite the stock price drop, reported strong financial results for the fourth quarter and fiscal year 2025, achieving record annual global medical cannabis net revenue of $244.4 million, a 39% year-over-year (YoY) growth. The company also delivered a record adjusted EBITDA of $49.7 million, a 261% YoY increase, and generated annual positive free cash flow of $9.9 million [3].

KULR Technology Group Inc (KULR) is set to undergo a significant strategic move with a 1-for-8 reverse stock split on June 23, 2025. This move aims to reduce the outstanding shares from roughly 300 million to under 40 million, appealing to institutional investors and preparing for the upcoming Russell 3000 index reconstitution. Analysts predict a substantial upside potential for KULR shares, with one-year price targets ranging from $5.00 to $6.00, representing a potential 378.26% increase from the current trading price of $1.15 [2].

References:

[1] https://www.benzinga.com/insights/cannabis/25/06/46017679/cannabis-stock-gainers-and-losers-from-june-19-2025
[2] https://www.gurufocus.com/news/2927161/kulr-technology-kulr-announces-1for8-reverse-stock-split
[3] https://finance.yahoo.com/news/aurora-cannabis-files-full-results-110000327.html