With the election around the corner – Marijuana Stocks are Hot Hot Hot! A total of $97,627,369 traded Thursday on the top 25 cannabis tickers. The two top traded tickers, MJNA and MCOA, made up more than half of that with $47,861,543 in dollar volume between the two of them. A lot of tickers sold off, taking advantage of the end of the big marijuana election hype, but a couple stood out for another session with some exciting swing trade opportunities.

Five states — Arizona, California, Maine, Massachusetts and Nevada — have initiatives to legalize marijuana for adult recreational use. Four states — Arkansas, Florida, Montana and North Dakota — have proposed legalizing marijuana for medical purposes. All of the recreational use initiatives are currently ahead in the polls.

Twenty-five states and the District of Columbia have legalized the possession and distribution of marijuana for medical purposes, and four states — Washington, Oregon, Alaska and Colorado — have legalized adult recreational use. If November’s ballot initiatives pass in Arizona, California, Florida, Maine, Massachusetts, Montana and Nevada, these states alone will account for $2.7 billion in additional sales in 2018, growing to nearly $8 billion by 2020.

To view ALL if the Marijuana Stocks trading, go to the Marijuana Stocks Overview Page

Top 25 Marijuana Stocks Traded

Symbol	Last	% Chg	Volume	$ Volume	Trades
MJNA	0.166	-27.81 %	178,950,194	$36,289,228	12,172
MCOA	0.1539	+29.29 %	89,533,239	$11,572,315	6,743
CARA	6.2	-5.20 %	1,272,295	$7,841,744	6,736
CBIS	0.06	-7.83 %	83,198,004	$5,374,869	3,967
AMMJ	1.71	-12.31 %	2,510,738	$4,521,612	2,682
XXII	1.33	+9.02 %	1,916,930	$2,194,010	2,417
VAPE	0.0275	+10.44 %	90,914,683	$2,491,842	2,401
TRTC	0.467	-2.71 %	8,450,654	$4,027,912	2,028
MCIG	0.1704	+2.28 %	14,494,442	$2,506,619	1,928
HEMP	0.0406	-5.60 %	56,852,352	$2,620,591	1,778
CNAB	2.36	-14.18 %	893,482	$2,175,587	1,403
ERBB	0.0035	+20.69 %	290,254,607	$1,014,790	1,361
CNBX	0.8325	-17.57 %	1,749,039	$1,624,122	1,360
MSRT	0.8917	-4.12 %	2,426,466	$2,138,372	1,258
CVSI	0.66	-20.48 %	2,750,490	$1,989,923	1,046
SGBY	0.0399	-11.33 %	27,702,046	$1,234,086	1,033
GRNH	0.115	+1.50 %	10,718,415	$1,272,660	956
NEWC	0.0176	+3.94 %	38,446,750	$711,485	773
CANN	3.6	-1.91 %	392,493	$1,369,835	743
CBDS	6.36	+7.80 %	251,697	$1,573,329	725
AXIM	3.9	-18.75 %	239,465	$995,889	653
EFFI	0.0078	-2.00 %	60,018,015	$485,146	651
MNTR	1.41	-6.62 %	455,701	$693,276	621
PHOT	0.0163	-2.19 %	31,504,919	$532,782	567
MYDX	0.0299	-3.24 %	14,424,594	$375,345	539