The cannabis sector finished a rough quarter with a strong close. 54% of the stocks rose in price, with 10 double-digit percentage gainers and 2 double-digit percentage losers. Stocks with volume above the 30-day average rose from 30% to 38%, with one stock trading over $5mm in value. Eight of the ten highest dollar-volume stocks rose in price as five stocks traded above $1mm. Benzinga's 420 Marijuana Index, which rose from 364.55 to 370.15, lifted off of a new post-March low set 6/26 at 360 and is up 133% year-to-date but down substantially from the 1010 peak in March.
Stocks trading more than $500K in volume and moving more than 5% included Tauriga Sciences (TAUG), Vape Holdings (VAPE), GW Pharma (GWPH) and Cara Therapeutics (CARA) to the upside and none to the downside.
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