Cannabis stocks bounced back from Wednesday's profit-taking and are now up 14.2% in December. 50% of the 56 stocks tracked here rose in price, with 4 double-digit percentage gainers and 5 double-digit percentage losers. The percentage of stocks with volume above the 30-day average was 45%, down from 61% in the prior session, with three stocks trading over $5mm in value. Five of the ten highest dollar-volume stocks rose in price as thirteen traded above $1mm. The 420 Investor Cannabis Stock Index increased from 70.53 to 71.24, reflecting a change of +81.5% year-to-date in 2016. The index began 2013 at 100, 2014 at 159.1, 2015 at 130.7, and 2016 at 39.25.
This table includes MQTRF, which is an unsponsored ADR, as well as dual-listed tickers ACBFF, AGSTF, APHQF, ATTBF, BLOZF, EMMBF, GRPOF, GWPH, MPEFF, MRPHF, OGRMF, SPLIF, 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) and Growlife (PHOT) to the upside and American Green (ERBB), Vitality Biopharma (VBIO), Iconic Brands (ICNB) and American Cannabis Company (AMMJ) to the downside.
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