The Marijuana Index, which covers leading cannabis investments on both sides of the Canada-U.S. border, rose 7% on Monday to close at 174.82. That was the index’s highest level on record. Total trade volumes were $148.8 million.
Penny stocks listed on the Marijuana Index were the best performers on Monday. Namaste Technologies Inc. (N) added more than 55%, Golden Leaf Holdings Ltd (GLH) rose 22.5% and Marapharm Ventures Inc. (MDN) finished nearly 22% higher.