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Pot stocks dip on broader US recession worries



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** Shares of cannabis firms fall amidst a broader sell-off in the market

** Wall Street's main indexes slumped on fears of the United States tipping into recession following weak economic data last week .N

** Gordon Johnson, CEO and Founder of GLJ Research, said a yen carry-trade was also affecting stocks

** Carry trades are when investors borrow in money from economies with low interest rates such as Japan or Switzerland to fund investments in higher-yielding assets elsewhere

** Tilray Brands TLRY.O falls 5.7%, U.S.-listed shares of Canopy Growth WEED.TO, CGC.O fall 7%, Aurora Cannabis ACB.TO, ACB.O dips 7.4%

** ETF AdvisorShares Pure US Cannabis MSOS.P falls 5.3%



Reporting by Seher Dareen in Bengaluru

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