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Cannabis stocks fell sharply, moving into the red

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Post# of 990
Posted On: 10/27/2016 7:08:32 PM
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Posted By: StanleyK
Cannabis stocks fell sharply, moving into the red for the week, but are up 64.9% so far in October. 18% of the 56 stocks tracked here rose in price, with 4 double-digit percentage gainers and 16 double-digit percentage losers. The percentage of stocks with volume above the 30-day average was 50%, down from 61% in the prior session, with three stocks trading over $5mm in value. Zero of the ten highest dollar-volume stocks rose in price as seventeen traded above $1mm. The 420 Investor Cannabis Stock Index decreased from 76.97 to 74.54, reflecting a change of +89.9% 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, AGSTF, 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 MyDx (MYDX) and Signal Bay (SGBY) to the upside and American Green (ERBB) , CV Sciences (CVSI), Rocky Mountain High Brands (RMHB), United Cannabis (CNAB), Cannabis Science (CBIS), Agritek (AGTK), OWC Pharma (OWCP), Hemp, Inc. (HEMP), New Colombia Resources (NEWC), Growlife (PHOT), Greengro Technologies (GRNH), General Cannabis (CANN), Terra Tech (TRTC), Medical Marijuana, Inc. (MJNA) and MassRoots (MSRT) to the downside.


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