Tag: marijuana stock index

Canadian Marijuana Stocks Rise Over 20% in Less than 3 Weeks

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 …

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Canada Marijuana Stocks Rise Almost 10% Following Report Marijuana Will be Legal by July 1, 2018

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 …

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U.S. Marijuana Stocks Down 35% Since Trump Elected as President

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 …

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U.S. Marijuana Stock Index Dropped Over 10% After Comments From Trump Press Secretary

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 …

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