The North American Marijuana Index, a stock index that tracks the top performing cannabis stocks in the U.S. and Canada, increased 18% in January.
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The North American Marijuana Index, a stock index that tracks the top performing cannabis stocks in the U.S. and Canada, increased 61% in December.
Marijuana companies are higher than ever as California rolls toward recreational legalization. The BI Canada Cannabis Competitive Peers index is having its best day ever as Californians prepare to light up, or eat up, marijuana products starting Jan. 1 at 12 a.m.
It was another big day of gains on Tuesday for the North American Marijuana Index, even as some investors anxiously wait for the Fed to announce an interest rate hike in the next 24 hours.
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.
Say hello to the very first marijuana ETF for the U.S. As reported by CNBC, on Oct. 27, ETF Managers Group filed for a new ETF, the Alternative Agroscience ETF.
Over the trailing-12-month period through July 15, the average marijuana stock with a market cap in excess of $200 million — a dozen stocks in total, which excluded MedReleaf because it just went public a month ago — was up by 332%.
The first cannabis stock ETF of its kind, the Horizons Marijuana Life Sciences Index ETF allows investors to own more than a dozen pot stocks through a single investment fund. Today, however, is a different story.
Major cannabis stock indices have been falling for three consecutive weeks, ever since White House Press Secretary Sean Spicer suggested the federal government would enforce federal law in states where recreational weed has been legalized.
There are a number of big institutions, including mutual funds, pension funds, and investment banks, that use the TSX Composite and its sub-indices as performance benchmarks for their portfolios. The addition of Canopy to the index will introduce some new dimensions to the index’s performance.
While President Donald Trump vowed on his campaign trail to let states decide the fate of marijuana legalization, recent comments by the Trump Administration seem to negate his campaign promise and have created a ripple effect in the public cannabis markets.
Marijuana Index Review for 2017, United States and Canada Medical Cannabis Market website and it’s different features for stocks, and my input on investing.
Viridian Capital Advisors today released its 2015 Cannabis Industry Report and Stock Index.
NEW YORK, Jan. 28, 2016 /Weed Wire/ — Viridian Capital Advisors has published its 2015 Cannabis Industry Report and Stock Index, labeled by Barron’s as the benchmark index for the Cannabis industry.
BOULDER, Colo., Oct. 22, 2015 /Weed Wire/ — CLS Holdings USA, Inc. (OTCQB:CLSH) (“CLS” or “the Company”), a diversified cannabis company, is pleased to announce that its common stock, publicly traded under the ticker CLSH, has been added to the OTCQB Index, effective September 30, 2015.
WILTON, Conn., July 27, 2015 /Weed Wire/ — Green Leaf Innovations, Inc. (OTC Pink: GRLF), provider of services and products to the marijuana industry, today announced that it has been selected for inclusion in The Marijuana Index.
DENVER, July 8, 2015 /Weed Wire/ — General Cannabis Corp. (OTCQB:CANN), a service provider to businesses in the regulated cannabis industry, today announced that it has been selected by The Marijuana Index for inclusion in its MJIC US Reporting Index.
NEW YORK, June 24, 2015 /Weed Wire/ — Viridian Capital Advisors has published its Q1’2015 Cannabis Stock Index, labeled by Barron’s as the benchmark index for the Cannabis industry.
Buyers and sellers in the legal cannabis industry may think they have a handle on market pricing, but legalized cannabis is still a fledgling industry with supply and demand in constant flux.
LAKE FOREST, CA / ACCESSWIRE / April 16, 2015 / MJIC, Inc., a venture capital firm focused exclusively on the legal cannabis industry, and Panther Media, owner of MJINews.com and the Marijuana Investor Summit, have agreed to merge complimentary assets from each of their companies to form MJIC Media, Inc.
U.S. equities showed a weak open on the back of news from the ECB. However, the selling pressure didn’t last long and equities ended mostly unchanged. The S&P 500 posted a small decline of 0.11% to 2,072.
This morning’s November ADP jobs report came in with more than 200,000 jobs added. The U.S. economy continues to chug along, but this report was a bit softer than expected.
MJINews has launched its Marijuana Stock List to keep investors and analysts up to date on publicly traded companies involved in the legal marijuana industry, whether pure plays or ancillary ventures.
The global market weakness extended through today, as investors continued to sell stocks heading into the weekend. The S&P 500 is quickly approaching its 200 day moving average, which is being viewed as support to conclude the recent correction.
The Marijuana Index has some changes underway–keep calm and invest on.
The index is managed and tracked by marijuanaindex.org