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.
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.
Canada’s weed stocks, which have surrendered some of the potent gains that pushed them to record highs this month, face a bumpy ride in 2018 that could purge smaller players, as the country moves to allow recreational use of cannabis in July.
LOS ANGELES, Oct. 17, 2017 /Weed Wire/ – MJIC Inc. completed its third quarter rebalancing of the Marijuana Index, adding two new cannabis companies each to the United States Marijuana Index and the Canadian Marijuana Index.
The North American Marijuana Index, a stock index that tracks the top performing cannabis stocks in the U.S. and Canada, decreased 11% in August.
The North American Marijuana Index, a stock index that tracks the top performing cannabis stocks in the U.S. and Canada, increased 11% in July. This marks the first positive month for the North American Index since January.
In this Cal Can Biz Expo interview, watch Kristen Fox, Editor-in-Chief of MJINews.com and Marijuana Industry News magazine, interview Larry Horwitz, Chief Counsel for MJIC.
LOS ANGELES, July 13, 2017 /Weed Wire/ — MJIC Inc. has completed its quarterly rebalancing of the Marijuana Index, adding seven new cannabis companies to the Canadian Marijuana Index.
MJIC Inc., the company behind the much-discussed Marijuana Index*, tracks U.S. and Canada-traded weed stocks and has been used as the base for the main cannabis ETFs out there. However, the media seems to have emphasized only one of the company’s multiple business segments.
The North American Marijuana Index, a stock index that tracks the top performing cannabis stocks in the U.S. and Canada, decreased 3% in June as continued losses in Canada closed out the Index’s second worst performing quarter since its inception in January 2015.
Louisiana State University has reviewed all seven applications submitted by prospective marijuana contractors and has determined that production contract for the LSU medical marijuana program should be awarded to a public company.
Canadian marijuana stocks have been on a punishing slide for three straight months despite a temporary blip of investor fever in April that sent share prices soaring to record highs as Ottawa tabled legislation to legalize pot.
The North American Marijuana Index, a stock index that tracks the top performing cannabis stocks in the U.S. and Canada, decreased 15% in May as stocks sold off in both markets. This marks the worst performing month for the North American Marijuana Index since December 2015.
The North American Marijuana Index, a stock index that tracks the top performing cannabis stocks in the United States and Canada, decreased 9% in April due primarily to heavy losses in the United States.
On Thursday, April 13, 2017, Canada made headlines with its official introduction of legislation to legalize recreational cannabis in the country by July 2018. While the country’s announcement has major national and international implications, cannabis stocks in Canada took a downturn upon hearing the news.
MJIC Inc. has added five new companies to the U.S. Marijuana Index as a result of its quarterly rebalancing.
While the Canadian Marijuana Index dipped slightly in March due to federal uncertainties, the Canadian public markets have bounced back today on the news of recreational marijuana legislation being introduced in Canada’s House of Commons this Thursday, April 13, 2017.
Attorney General Jeff Sessions issued a memo on April 5, 2017, outlining the mission of the U.S. Department of Justice’s Task Force on Crime Reduction and Public Safety, including the creation of a subcommittee to review marijuana enforcement policies, and it did not go unnoticed by public market participants.
The North American Marijuana Index, a stock index that tracks the top performing cannabis stocks in the United States and Canada, decreased 2% in March as losses in Canada overtook modest gains in the U.S.
On April 3, 2017, GB Sciences (OTCQB:GBLX) announced that it had submitted an offer to cultivate, extract, process and produce medical cannabis for Louisiana State University, one of two state-sanctioned medical cannabis cultivators.
In this survey we will be reviewing the stocks that make up the North American Marijuana Index. In Part 1, we’ll look at Canopy Growth Corp. (OTCPK:TWMJF), GW pharmaceuticals (NASDAQ:GWPH), Axim Biotechnologies Inc. (OTCQB:AXIM), and United Cannabis Corp. (OTCQB:CNAB).
The cannabis industry’s excitement is building as the California takes steps towards establishing its legal recreational market. This week Los Angeles voters approved Measure M to create regulations for adult-use marijuana, thus setting up the city to steal the title of marijuana capital from Denver.
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.
Heightened public awareness leading up to the U.S. elections in November drew in massive increases in trading volume, pushing the U.S. Marijuana Index and Canadian Marijuana Index to double in price in less than a two-month period in September and October.
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.
We recently took a trip around the Pacific Northwest to do some “research” into the legalization of marijuana in the United States and cannabis startups. What we saw was shocking to say the least. In a good way.
CHICAGO, Dec. 15, 2016 /Weed Wire/ — Marijuana Industry News, a new print and digital publication for the legal cannabis industry, is the latest offering from MJIC Media.
For investors, the rising prospects of legalized pot may be too good to pass up, yet the publicly traded cannabis companies may not be such a smart bet.
On Thursday, Dec. 17, 2015, MJIC Inc., a diversified holding company dedicated to the emerging cannabis industry, announced that Frank Marino resigned effective immediately due to health-related reasons.
With the exception of the late-2013 to early-2014 bubble, from which fortunes were made, there has been little sustained progress in producing a truly public company sector Version 2.0. No doubt companies like Massroots (OTCQB: MSRT) have set the bar higher.
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.
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.
Cannabis stocks are facing dwindling participation. However, today was a “low volume levitation” kind of day.
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.
Cannabis stocks were mostly unchanged on the day, even though individual stocks varied quite a bit on a percentage basis.
Cannabis stocks ended the week on a mixed note. We are pleased to see better volumes and capital flowing to better names.
Equities continued to surge higher and recoup the recent weakness. Keep in mind that just a few days ago, the market was off to its worst start to a calendar year ever.
Cannabis stocks were moderately weak today. The sector is currently void of industry catalysts and therefore dependent on individual company updates.
It is quite possible that “buy the rumor, sell the news” has been experienced, as manipulators might have been pushing up prices ahead of last night’s “Marijuana Country: The Cannabis Boom” on CNBC Prime.
The holiday trading is now behind us and the initial sentiment for 2015 is starting off pretty weak. Does this feel similar to last year at this time?
Cannabis stocks enjoyed their first day of 2015 with a majority of the sector rallying. It is not too surprising to see a bounce with tax-loss harvesting behind us.
Cannabis stocks were mostly quiet today as tax-loss selling came to an end. Let’s hope we are not so widely plagued with this headwind in 2015’s year-end.
This is one of the last days of 2014 where you can make donations to impact your taxes and tax write-offs for the year.
U.S. markets seem like they are on “tip toe” mode into year end. U.S. equities have had a great year, in general, so there is little incentive to take too much risk with two trading days left.
While quiet, the market seems to be holding its own today. The S&P 500 posted a gain of 0.34% to 2,089. Small and microcaps outperformed their larger cap brethren with both indices continuing their December rally.
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.
One of the benefits of being a public company is the access to low cost capital. Public companies have the ability to issue stock versus other methods such as borrowing money.
Is this an oversold bounce or is the tide finally turning in the cannabis space? Investor interest seems to be hanging around again today, albeit not to the same degree as yesterday.
Global equities are in rally mode. Is it because of the dovish comments from the Fed? Or could it be a little year end holiday cheer?