Hemp stock price latest market data shows hemp stock

Latest market data shows hemp stock price hovering near $2.34, up 3.2% intraday, driven by renewed demand in the CBD extract sector. Analysts cite rising retail orders and improved state-level regulatory clarity as potential catalysts for short-term upside. Tilray (TLRY) shares closed nearly 60% higher on Sept. 29 after President Donald Trump promoted cannabidiol’s (CBD) potential to “revolutionize senior healthcare” in a video posted on Truth Social. Tilray is not alone. Pot stocks are out of vogue. MSOS, the industry’s biggest ETF, is down 88% from 2020. Inton says that retail investors trade on sentiment, and the sentiment around cannabis is “quite negative now.” Hemp stock price dipped slightly to $2.31 after a three-day rally, suggesting profit-taking by short-term traders. However, fundamental growth in hemp-based product demand continues to underpin long-term optimism.