Cannabis stocks rallied for the second straight day after a three-day decline into and after the elections, leaving the index down 15.9% in November. 66% of the 56 stocks tracked here rose in price, with 20 double-digit percentage gainers and 2 double-digit percentage losers. The percentage of stocks with volume above the 30-day average was 29%, down from 46% in the prior session, with four stocks trading over $5mm in value. Ten of the ten highest dollar-volume stocks rose in price as eighteen traded above $1mm. The 420 Investor Cannabis Stock Index increased from 66.02 to 71.12, reflecting a change of +81.2% 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, which is an unsponsored ADR, as well as dual-listed tickers ACBFF, APHQF, ATTBF, BLOZF, GLDFF, GWPH, OGRMF, SPRWF, THCBF and TWMJF, 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 American Cannabis (AMMJ), Cannabis Sativa (CBDS), mCig (MCIG), Marijuana Company of America (MCOA), OrganiGram (OGRMF), United Cannabis (CNAB), Canopy Growth (TWMJF), Medical Marijuana, Inc. (MJNA), Cannagrow Holdings (CGRW), General Cannabis (CANN), Greengro Technologies (GRNH), Aphria (APHQF), MassRoots (MSRT), Kush Bottles (KSHB), Insys (INSY), Hemp, Inc. (HEMP), Cannabis Science (CBIS), Terra Tech (TRTC) and Zynerba (ZYNE) to the upside and Cannabics (CNBX) to the downside.
Press Releases:
- CANN
- HEMP
- MCIG
- OGRMF
- PMCB
- RMHB
- SGBY
- SPRWF (after close)
- SRNA
- TRTC
- TWMJF
- UBQU
- ZDPY (after close)
- ZYNE
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