The Marijuana Index Is Up 54% This Month


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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.

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