Cannabis stocks continue their massive rally and are up 31.1% in September. 70% of the 40 stocks tracked here rose in price, with 7 double-digit percentage gainers and 3 double-digit percentage losers. The percentage of stocks with volume above the 30-day average was 60%, up from 53% in the prior session, with two stocks trading over $5mm in value. Five of the ten highest dollar-volume stocks rose in price as five traded above $1mm. The 420 Investor Cannabis Stock Index increased from 41.92 to 43.49, reflecting a change of +10.8% year-to-date in 2016. The index began 2013 at 100, 2014 at 159.1, 2015 at 130.7, and 2016 at 39.25.
This table includes MQTRF and TWMJF, which are unsponsored ADRs, as well as dual-listed tickers ACBFF, APHQF, BLOZF, GWPH, OGRMF, SPRWF and THCBF and thus is not reflective of all the trading activity in those tickers.
Stocks moving more than 5% on more than $500k in volume included General Cannabis (CANN) and 22nd Century Group (XXII) to the upside and Zynerba (ZYNE) and Insys (INSY) to the downside.
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