Cannabis Stocks

Marijuana Stocks Tumble but California Remains Pot Hot-Spot Marijuana Stocks

While marijuana stocks tumbled following President’s Day in America, California, the new kid on the block in the legalized cannabis industry, has been identified as one of the best places to start a pot business. The United States Marijuana Index shows that the 15 largest pot stocks in America slipped downwards by 7.5 percent in the first four days after President’s Day, while the North American Marijuana Index, which includes stocks from Canada, spiralled downwards by four percent. This pattern was followed by Exchange Traded Funds (ETFs) with Horizons Marijuana Life Sciences Index slipping 1.32 percent, and ETFMG Alternative Harvest by 1.33 percent. Joining the downward spiral were the following stocks: —-> 22nd Century Group Inc: 11.9 percent. —-> Aphria Inc: 1.7 percent. —-> Cannabis Sativa Inc: 3.4 percent. —-> CannTrust Holdings Inc: 0.7 percent. —-> Cronos Group Inc: 2.9 percent. —-> GW Pharmaceuticals PLC- ADR: 11.8 percent. —-> India …

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