Cannabis stocks pulled back but ended March with a 19.7% gain. 48% of the 40 stocks tracked here rose in price, with 4 double-digit percentage gainers and 7 double-digit percentage losers. Stocks with volume above the 30-day average fell from 36% to 30%, with three stocks trading over $5mm in value. Six of the ten highest dollar-volume stocks rose in price as six traded above $1mm. The 420 Investor Marijuana Index decreased from 42.34 to 41.39, reflecting a gain of 5.5% year-to-date in 2016. The index began 2013 at 100, 2014 at 159.1, 2015 at 130.7, and 2016 at 39.25.
Stocks moving more than 5% on more than $500k in volume included none to the upside and Terra Tech (TRTC), Cannabis Sativa (CBDS) and Pineapple Express (PNPL) to the downside.
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