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420 with CNW – 2021 Looks Promising for Pot Stocks

Had the coronavirus pandemic not struck, 2020 would have been a good year for cannabis. Several states were planning on legalizing cannabis either through a ballot or inclusion in the budget, but a lot of these plans have been put on the backburner. However, despite the ongoing health and economic crisis, cannabis stocks have fared relatively well. There was an…

Cannabis Stocks Jump 9% in July to Extend Q2 Gains

Cannabis stocks recovered nearly all of the losses from June during July, with the Global Cannabis Stock Index increasing 9.0% to 32.07: The index, which had 37 qualifying members during the month following the quarterly rebalancing at the end of June, declined 34.1% in 2019 to 42.20 and is now down 24.0% in 2020: After posting an […] READ MORE:

Canadian LPs Lag Rallying Cannabis Stocks in July with 1% Gain

After dropping 11.4% in June, the Canadian Cannabis LP Index managed only a slight recovery in July due to weak performance from the largest LPs, gaining 0.8% to 285.33: Over the past year, the index has declined 64.0%: The index remains substantially below the all-time closing high of 1314.33 in September 2018, just ahead of Canadian legalization. In March, […] READ MORE:

American Cannabis Operator Stocks Soar 27% in July

Adding to a 29% gain in Q2 despite a pullback in June, the American Cannabis Operator Index rocketed higher in July, increasing 26.7% to 34.53: The index, which launched at the end of October 2018 with a value of 100, reached a closing high of 124.16 a week later before declining to 70.64 in late December 2018. […] READ MORE:

The Week In Cannabis: Strong Earnings, Stocks In Green, Investments And Divestments

Cannabis stocks, and overall markets, closed the week in the green, as cannabis companies got into their earnings season.”Earnings season is just starting to come to life as Scotts Miracle Gro (NYSE: SMG)’s Hawthorne group just crushed it,” Debra Borchardt, Editor-In-Chief of Green Market Report told Benzinga. “Things are going so well over at Scotts that even the non-bonus employees…