Cannabis stocks held their new high for 2016 set on the prior day and are up 11.3% in April. 40% of the 40 stocks tracked here rose in price, with 3 double-digit percentage gainers and 4 double-digit percentage losers. Stocks with volume above the 30-day average fell from 38% to 35%, with two stocks trading over $5mm in value. Six of the ten highest dollar-volume stocks rose in price as seven traded above $1mm. The 420 Investor Marijuana Index remained at 46.07, reflecting a gain of 17.4% year-to-date in 2016. The index began 2013 at 100, 2014 at 159.1, 2015 at 130.7, and 2016 at 39.25.
Stocks moving more than 5% on more than $500k in volume included General Cannabis (CANN), Terra Tech (TRTC) and 22nd Century (XXII) to the upside and CV Sciences (CANV) to the downside.
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