The American Cannabis Operator Index moved higher for the third consecutive month in December, advancing 10.0% to 63.05: After ending 2019 at 43.27, the index gained 45.7% in 2020 and has rebounded 334.8% from an all-time closing low on March 18th at 14.50: The index, which launched at the end of October... Read more
The Canadian Cannabis LP Index continued to lag the broader sector in December, retreating 4.8% to 275.16: The index, which rallied 22.1% in Q4, still fell 30.1% in 2020: It remains substantially below the all-time closing high of 1314.33 in September 2018, just ahead of Canadian legalization. In March, it posted a... Read more
After a sharp decline in September that left the index down 7% in Q3, the Global Cannabis Stock Index held on to massive gains in October and November, decreasing 0.8% to 44.39 in December: The index, which had 32 qualifying members during the month following the quarterly rebalancing at the end... Read more
Efforts to federally legalize marijuana could advance in the next Congress, even if Senate Majority Leader Mitch McConnell (R-KY) stays in control. That’s according to a surprising take by the body’s top Democratic lawmaker. Sen. Chuck Schumer (D-NY) said if Democrats control the chamber and he replaces McConnell as... Read more
Efforts to federally legalize marijuana could advance in the next Congress, even if Senate Majority Leader Mitch McConnell (R-KY) stays in control. That’s according to a surprising take by the body’s top Democratic lawmaker. Sen. Chuck Schumer (D-NY) said if Democrats control the chamber and he replaces McConnell as... Read more
Efforts to federally legalize marijuana could advance in the next Congress, even if Senate Majority Leader Mitch McConnell (R-KY) stays in control. That’s according to a surprising take by the body’s top Democratic lawmaker. Sen. Chuck Schumer (D-NY) said if Democrats control the chamber and he replaces McConnell as... Read more
Sprout Social Inc Is a Must-Have Social Media Stock The ongoing COVID-19 pandemic has provided strong tailwinds for companies in the digital and social media space. Even as the economy reopens and we move toward some sense of normalcy, the tailwinds for the segment will continue to be strong.... Read more
