Network with Cannabis Investors & Entrepreneurs
Cannabis stocks were lower again today and are now down 5.8% in September. 38% of the 39 stocks tracked here rose in price, with 2 double-digit percentage gainers and 1 double-digit percentage loser. Stocks with volume above the 30-day average fell from 31% to 23%, 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 decreased from 46.7 from 45.4, reflecting a decline of 645.3% 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.
Stocks moving more than 5% on more than $500k in volume included none to the upside and Insys Therapeutics (INSY) to the downside.
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