Marijuana-related stocks fell again Friday, extending their prior-session losses after the U.S. Justice Department overturned an Obama-era protection for states that have legalized the plant. The news put the brakes on a strong rally early in the week that was driven by the start of marijuana sales in California after voters approved recreational use for adults. Nevada-based Cannabis Sativa Inc. , which is active in the research, development and licensing of marijuana products, slid another 16%. Colarado-based farmer GrowGeneration Corp. fell 3%. Toronto-based medical marijuana distributor Supreme Cannabis Co. Inc. fell another 2%. Horizons Marijuana Life Sciences Index , which started trading on the Toronto stock exchange last month and tracks more than 20 marijuana-related companies in North America, was down 1%. Ontario-based rival Canopy Growth Corp. bucked the trend to rise about 2%, after it said it will not conduct business in any jurisdiction where weed is federally banned. The S&P 500 was up 0.3%.
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