Cannabis stocks rallied to begin the week on narrow leadership and are now up 8.8% so far in January. 32% of the 56 stocks tracked here rose in price, with 6 double-digit percentage gainers and 1 double-digit percentage loser. The percentage of stocks with volume above the 30-day average was 21%, up from 20% in the prior session, with four stocks trading over $5mm in value. Five of the ten highest dollar-volume stocks rose in price as seventeen traded above $1mm. The 420 Investor Cannabis Stock Index increased from 80.37 to 80.64, reflecting a change of +8.8% after a 88.8% gain in 2016. The index began 2013 at 100, 2014 at 159.1, 2015 at 130.7, 2016 at 39.25 and 2017 at 74.10.
This table includes MQTRF, which is an unsponsored ADR, as well as dual-listed tickers ACBFF, APHQF, BLOZF, EMMBF, GRPOF, GWPH, MGWFF, 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 North American Cannabis Holdings (USMJ), Acology (ACOL), Signal Bay (SGBY), Easton Pharma (EAPH), Rocky Mountain High Brands (RMHB) and General Cannabis (CANN) to the upside and Cannasys (MJTK), ChineseInvestors.com (CIIX), Mountain High Acquisition Company (MYHI), Cannabis Sativa (CBDS) and OWC Pharma (OWCP) to the downside.
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