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The cannabis sector got back most of what it lost yesterday and posted a strong holiday-shortened week. 44% of the stocks rose in price, with 8 double-digit percentage gainers and 1 double-digit percentage loser. Stocks with volume above the 30-day average rose from 24% to 38%, with one stock trading over $5mm in value. Six of the ten highest dollar-volume stocks rose in price as five issues traded above $1mm. Benzinga's 420 Marijuana Index rose 0.8% to 413.84. The index is up 160% year-to-date but down subtstantially from the 1010 peak in March.
Stocks moving more than 5% on more than $500K trading volume included GrowBLOX Sciences (GBLX), Terra Tech (TRTC), Latteno Foods (LATF), Cannabis Science (CBIS) and mCig (MCIG) to the upside and just MedBox (MDBX) to the downside.
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