Cannabis stocks rallied again to end the week down just slightly and are now up 8.5% so far in January. 39% of the 56 stocks tracked here rose in price, with 3 double-digit percentage gainers and no double-digit percentage losers. The percentage of stocks with volume above the 30-day average was 20%, down from 25% in the prior session, with four stocks trading over $5mm in value. Three of the ten highest dollar-volume stocks rose in price as thirteen traded above $1mm. The 420 Investor Cannabis Stock Index increased from 79.73 to 80.37, reflecting a change of +8.5% after a 88.8% gain in 2016. The index began 2013 at 100, 2014 at 159.1, 2015 at 130.7, 2016 at 39.25 and 2017 at 74.10.
This table includes MQTRF, which is an unsponsored ADR, as well as dual-listed tickers ACBFF, APHQF, BLOZF, EMMBF, GRPOF, GWPH, MGWFF, MRPHF, OGRMF, SPLIF, 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 Acology (ACOL), Cannasys (MJTK), ChineseInvestors.com (CIIX), Eco Science Solutions (ESSI), Kush Bottles (KSHB), RockyMountain High Brands (RMHB), Signal Bay (SGBY), General Cannabis (CANN) and mCig (MCIG) to the upside and none to the downside.
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