As Canada inches closer to legalization, the nation’s Marijuana Index continues to rise at a rapid pace. The Canadian Marijuana Stock Index has risen drastically over the past 30 days, going from 419.11 on December 4th, to 950.26 at the close of today’s market (January 3rd). This represents an 126% increase in just one month, one …
The U.S. Marijuana Index has dropped drastically since Donald Trump was elected president. On November 7th, the day of the general election, the U.S. Marijuana Index was at 108.75; this was not too far from the market’s all-time high of 126.35 (which was on January 16th, 2015). Eight and a half months later, as of …
Canada marijuana stocks are on the decline. On April 10th the Canadian Marijuana Index reached 359.19, the highest it’s ever been. This was thanks in large part to a single-day jump of 12%, and a jump of roughly 20% in less than three weeks. Since that jump Canada’s marijuana stocks have been on the decline; …
U.S. marijuana stocks continue to fall. The U.S. Marijuana Index fell to 68.21 at the close of today’s market. This is the lowest the market has been since March 14th when it was at 66.84, and is barely above the six-month low point of 64.30 on December 19th, the day of President Trump’s inauguration. The …
Canadian marijuana stocks are on the rise. Following anger with the government’s lack of speed in implementing marijuana legalization, the Canada Marijuana Index hit a three-month low on March 21 at 261.74, slightly higher than the previous low of 258.47 on December 21. However, since March 21, the market has seen a steady increase, including …
Canada marijuana stocks had a significant increase following a report that cannabis will be legal by July of next year. The Canada Marijuana Index was at 270.68 on March 25th, the day before the report that the country’s legal marijuana industry is expected to get underway next year. At the closing of today’s market, a …
Marijuana stocks in the United States have taken a substantial hit since Donald Trump became president. On November 7th, the day before the presidential election, the U.S. Marijuana Index was at 108.76. As of March 26th, that number has dropped 35% to 69.96. This is slightly higher than the 3-month low of 66.84 which came …
The U.S. marijuana stock index fell over 10% after Trump’s Press Secretary Sean Spicer said he believes we’ll see “greater enforcement” of federal marijuana laws. On Tuesday, February 21st, just two days before Spicer’s comments, the U.S. marijuana stock index was at 81.30, according to MarijuanaIndex.com. On Friday, the day after Spicer’s remarks, the index …
By Keith Speights, The Motley Fool Here’s a look at why the marijuana stock market will (most likely) be fine, despite Jeff Sessions as Attorney General. President Trump selected a U.S. senator known for his opposition to marijuana legalization to become the new attorney general for the country. Jeff Sessions raised concerns among marijuana legalization …
As the burgeoning marijuana industry continues to gain momentum, marijuana stocks have become a huge point of discussion both for long-time investors, and for those new to the stock exchange. Given that the legal marijuana market is relatively immature, and much more unstable than other markets, it can be a challenge to know which marijuana …
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