Cannabis stocks ended a negative week and month negatively, closing at their lowest level since December 2013. 24% of the stocks rose in price, with 2 double-digit percentage gainers and 8 double-digit percentage losers. Stocks with volume above the 30-day increased from 32% to 36%, with two stocks trading over $5mm in value. One of the ten highest dollar-volume stocks rose in price as three traded above $1mm. Benzinga's 420 Marijuana Index is estimated to have declined by almost 3 points to 124.5, reflecting a decrease of 4.7% so far in 2015. The index began 2013 at 100, 2014 at 159, and 2015 at 130.7, and it peaked last March at 1010 after bottoming in August 2013 near 70.
Stocks moving more than 5% on more than $500k in volume included none to the upside and CannaVest (CANV) to the downside.
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