Cannabis stocks were mixed, with 51% of the group declining. The second SEC halt this month, this time yesterday's big winner, Petrotech Oil & Gas (PTOG), was likely a contributor to the weakness in some of the names. There were 3 double-digit percentage gainers and 2double-digit percentage losers. Stocks with volume above the 30-day average increased to 32%, with 6 stocks trading over $5mm in value.
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CannaBusiness Group (CBGI) blasted to new highs again, with volume accelerating to the highest level since 2/14. Tauriga Sciences (TAUG) also reached new YTD highs, with volume picking up. Easton Pharma (EAPH) rallied on slightly higher volume and closed near the high of the week. Finally, Growlife (PHOT) capped out a strong week with a new high and a big surge in volume, leading the sector in the total dollars traded.
GreenGro Technologies (GRNH) gave up a lot of the prior day's gains, as the above-average volume declined moderately. GW Pharma (GWPH) pulled back again on lower volume after having set an all-time high earlier this week above $86. The close below the 10dma was the first time it had dones so since 2/25. CannaVest (CANV) continued its slide from over $200 three weeks ago and closed below the 50dma as volume accelerated. Terra Tech (TRTC) reversed some of its massive gains from earlier this week on sharply lower volume.
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