Cannabis stocks ended a rough month with a decline, generating a loss of 11.7% in May. 44% of the 32 stocks tracked here rose in price, with 2 double-digit percentage gainers and 2 double-digit percentage losers. Stocks with volume above the 30-day average rose from 13% to 28%, with three stocks trading over $5mm in value. Three of the ten highest dollar-volume stocks rose in price as four traded above $1mm. The 420 Investor Cannabis Stock Index decreased from 38.70 to 38.09, reflecting a change of -3.0% 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 Zynerba (ZYNE) to the upside and Terra Tech (TRTC) to the downside.
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