Cannabis stocks moved sharply lower on higher volume and are now down 2.3% in February. 34% of the 56 stocks tracked here rose in price, with 1 double-digit percentage gainer and 5 double-digit percentage losers. The percentage of stocks with volume above the 30-day average was 43%, up from 23% in the prior session, with five stocks trading over $5mm in value. Four of the ten highest dollar-volume stocks rose in price as eighteen traded above $1mm. The 420 Investor Cannabis Stock Index decreased from 80.88 to 78.96, reflecting a change of +6.6% 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, which has a goal of including the most actively traded names (with a minimum price of $0.001), includes dual-listed tickers ACBFF, APHQF, BLOZF, EMMBF, GRPOF, 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 Mountain High Acquisition Corp (MYHI) and OWC Pharma (OWCP) to the upside and Acology (ACOL), mCig (MCIG), Cannabis Science (CBIS), General Cannabis (CANN), Axim Biotechnologies (AXIM), Marijuana Company of America (MCOA), Kush Bottles (KSHB), Medical Marijuana, Inc. (MJNA), Growlife (PHOT), Hemp, Inc. (HEMP), Earth Science Technolgies (ETST), Cannabis Sativa (CBDS) and Rocky Mountain High Brands (RMHB) to the downside.
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