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Cannabis stocks ended a negative week and month negatively, closing at their lowest level since December 2013. 24% of the stocks rose in price, with 2 double-digit percentage gainers and 8 double-digit percentage losers. Stocks with volume above the 30-day increased from 32% to 36%, with two stocks trading over $5mm in value. One of the ten highest dollar-volume stocks rose in price as three traded above $1mm. Benzinga's 420 Marijuana Index is estimated to have declined by almost 3 points to 124.5, reflecting a decrease of 4.7% so far in 2015. The index began 2013 at 100, 2014 at 159, and 2015 at 130.7, and it peaked last March at 1010 after bottoming in August 2013 near 70.
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Stocks moving more than 5% on more than $500k in volume included none to the upside and CannaVest (CANV) to the downside.
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