NOTE: As of 3/1, I will no longer be publishing the Daily dAB due to time constraints. I will be sharing the information in a slightly different format with subscribers at www.420investor.com
Cannabis stocks snapped a three-day losing streak and are now up 4.9% in February. 45% of the 56 stocks tracked here rose in price, with 8 double-digit percentage gainers and 3 double-digit percentage losers. The percentage of stocks with volume above the 30-day average was 39%, down from 80% in the prior session, with five stocks trading over $5mm in value. Six of the ten highest dollar-volume stocks rose in price as seventeen traded above $1mm. The 420 Investor Cannabis Stock Index increased from 83.33 to 84.79, reflecting a change of +14.5% 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 Vapor Group (VPOR), Acology (ACOL), Cannabics (CNBX), OWC Pharma (OWCP), Rising India (RSII), Axim Biotechnologies (AXIM), United Cannabis (CNAB), Cannabis Sativa (CBDS), Canopy Growth (TWMJF), Aphria (APHQF) and Zynerba (ZYNE) to the upside and Singlepoint (SING), Cannabis Science (CBIS), Medical Marijuana, Inc. (MJNA), Terra Tech (TRTC), Mentor Capital (MNTR), MassRoots (MSRT) and mCig (MCIG) to the downside.
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