Cannabis stocks advanced again, closing at the highest level since the 52-week closing high of 87.08 on 11/02, and are now up 6.8% in February. 46% of the 56 stocks tracked here rose in price, with 5 double-digit percentage gainers and 2 double-digit percentage losers. The percentage of stocks with volume above the 30-day average was 34%, up from 29% in the prior session, with four stocks trading over $5mm in value. Six of the ten highest dollar-volume stocks rose in price as fifteen traded above $1mm. The 420 Investor Cannabis Stock Index increased from 83.56 to 85.87, reflecting a change of +15.9% 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 Inmed Pharma (IMLFF), Cannabics (CNBX), Mentor Capital (MNTR), United Cannabis (CNAB), Cannabis Sativa (CBDS), Novus Acquisition & Development Corp (NDEV), Zynerba (ZYNE) and Marijuana Company of America (MCOA) to the upside and Axim Biotechnologies (AXIM), Canopy Growth (TWMJF), and Mountain High Acquisition Corp (MYHI) to the downside.
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