A healthy day of trading for Canadian cannabis stocks led the North American Marijuana Index to gain several points over Monday’s 169.07 close.
Tag Archives: Dow Jones
Canopy Growth Corporation (TSX:WEED) is being added to the influential S&P/TSX Composite Index in another milestone for Canada’s fledgling marijuana industry.
Marijuana stocks are riding high as the stock index is up for the eighth consecutive week.
MassRoots, the leading social media company in the cannabis space, is due to begin trading in the next month or so. Earlier this week, we saw continued progress toward the company’s public presence with the issuance of its ticker (OTC Pink: MSRT).
We believe that 2015 is the year to “put up or shut up.” We believe companies that are able to execute and generate meaningful revenues will separate themselves from the pump and dump crowd.
U.S. Q3 GDP revisions came out today and the news was quite positive. The good old U.S. economy posted a 5% annualized growth rate.
U.S. equities experienced another day of elevated price fluctuations, as the Dow Jones failed to hold onto a 230 point gain. Oil continues its free fall, returning to levels last seen during the depths of the financial crisis.
The roller coaster ride for equities ended the week with numbers falling off a cliff at the close. The Dow Jones suffered a weekly drop of 3.8%, the most since September 2011.