Cannabis stocks reversed sharply lower, giving up most of Tuesday's gains, and are now up 13.9% in February. 43% of the 56 stocks tracked here rose in price, with 6 double-digit percentage gainers and 5 double-digit percentage losers. The percentage of stocks with volume above the 30-day average was 64%, up from 57% in the prior session, with six stocks trading over $5mm in value. Five of the ten highest dollar-volume stocks rose in price as twenty-five traded above $1mm. The 420 Investor Cannabis Stock Index decreased from 99.21 to 92.07, reflecting a change of +24.2% 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, AGSTF, APHQF, BLOZF, EMMBF, GRPOF, MGWFF, MRPHF, NWGFF, 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 Singlepoint (SING), Puration (PURA), Mentor Capital (MNTR), Cannagrow Holdings (CGRW), Sugarmade (SGMD), GB Sciences (GBLX), Marapharm Ventures (MRPHF), Insys (INSY) and 22nd Century Group (XXII) to the upside and Cannabics (CNBX), OWC Pharma (OWCP), United Cannabis (CNAB), Axim Biotechnologies (AXIM), Americann (ACAN), Acology (ACOL), Cannasys (MJTK), and New Age Farm (NWGFF) to the downside.
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