Marijuana Stocks Continue to Outperform the Market

Marijuana Continues to Outperform the Market

Pixabay / geralt / CC0 Public Domain

Cannabis stocks had another great week, with the Viridian Cannabis Stock Index up for the eighth consecutive week. For the seven days ended February 3, the index gained 1.8 percent.

While this surge represented a slowdown in relation to previous weeks, it still implied a marked out-performance in relation to major market indexes and ETFs like the S&P 500, the Dow Jones Industrial Average, the PowerShares QQQ Trust, Series 1 (ETF) QQQ 0.47% and the iShares Russell 2000 Index (ETF) IWM 0.54%.

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