Cannabis stocks suffered their biggest decline since the rally began on 9/1, and the index is now down 5.4% in November. 25% of the 56 stocks tracked here rose in price, with 3 double-digit percentage gainers and 17 double-digit percentage losers. The percentage of stocks with volume above the 30-day average was 50%, up from 46% in the prior session, with five stocks trading over $5mm in value. Three of the ten highest dollar-volume stocks rose in price as twenty-two traded above $1mm. The 420 Investor Cannabis Stock Index decreased from 87.08 to 79.98, reflecting a change of +103.8% year-to-date in 2016. The index began 2013 at 100, 2014 at 159.1, 2015 at 130.7, and 2016 at 39.25.
This table includes MQTRF and TWMJF, which are unsponsored ADRs, as well as dual-listed tickers ACBFF, APHQF, ATTBF, BLOZF, GLDFF, GWPH, OGRMF, SPRWF and THCBF and thus is not reflective of all the trading activity in those tickers.
Stocks moving more than 5% on more than $500k in volume included Puration (PURA), American Green (ERBB), Vape Holdings (VAPE), Cannabis Sativa (CBDS), New Colombia Resources (NEWC), and mCig (MCIG) to the upside and Medical Marijuana, Inc (MJNA), CV Sciences (CVSI), Axim Biotechnologies (AXIM), Rocky Mountain High Brands (RMHB), Cannabics (CNBX), United Cannabis (CNAB), Cannagrow Holdings (CGRW), OWC Pharma (OWCP), Growblox Sciences (GBLX), American Cannabis Consulting (AMMJ), Signal Bay (SGBY), Aurora Cannabis (ACBFF), MassRoots (MSRT), Cannabis Science (CBIS) and Mentor Capital (MNTR) to the downside.
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