Cannabis stocks rallied a third day in a row to end the week slightly higher and are now up 3.1% in December. 64% of the 56 stocks tracked here rose in price, with 9 double-digit percentage gainers and 2 double-digit percentage losers. The percentage of stocks with volume above the 30-day average was 46%, up from 39% in the prior session, with two stocks trading over $5mm in value. Nine of the ten highest dollar-volume stocks rose in price as ten traded above $1mm. The 420 Investor Cannabis Stock Index increased from 62.56 to 64.27, reflecting a change of +63.8% 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, which is an unsponsored ADR, as well as dual-listed tickers ACBFF, AGSTF, APHQF, ATTBF, BLOZF, GWPH, MRPHF, OGRMF, SPRWF, THCBF and TWMJF, 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 Novus Acquisition & Development (NDEV), United Cannabis (CNAB), Cannabis Science (CBIS), Vitality Biopharma (VBIO), Marijuana Company of America (MCOA), General Cannabis (CANN), Eco Science Solutions (ESSI), Cannabis Sativa (CBDS) and Medical Marijuana, Inc. (MJNA) to the upside and Pharmacyte Biotech (PMCB) to the downside.
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