Cannabis stocks were steady as trading volume remained stronger than recent levels. 37% of the stocks rose in price, with 4 double-digit percentage gainers and 2 double-digit percentage losers. Stocks with volume above the 30-day average fell from 54% to 51%, with two stocks trading over $5mm in value. Five of the ten highest dollar-volume stocks rose in price as three traded above $1mm. Benzinga's 420 Marijuana Index rose slightly to 134.5. The index is down 16% year-to-date and down substantially from the 1010 peak in March.
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Stocks moving more than 5% on more than $500k in volume included Medbox (MDBX) to the upside and none to the downside.
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