Cannabis stocks were sharply lower and are now down 9.8% in June. 27% of the 30 stocks tracked here rose in price, with one double-digit percentage gainer and one double-digit percentage loser. Stocks with volume above the 30-day average rose increased from 33% to 43%, with three stocks trading over $5mm in value. Four of the ten highest dollar-volume stocks rose in price as four traded above $1mm. The 420 Investor Cannabis Stock Index decreased from 35.35 to 34.34, reflecting a change of -12.5% 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 Hemp, Inc. (HEMP) to the downside.
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