With the election around the corner – Marijuana Stocks are Hot Hot Hot! A total of $78,736,815 traded Wednesday on the top 25 cannabis tickers. Unlike Monday & Tuesday where it they were virtually “green across the board” sessions for the top 10 traded, Wednesday was mixed red/green with MJNA, the granddaddy of the marijuana stocks, stealing the show.
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 | 0.217 | +36.05 % | 125,268,111 | $23,819,170 | 7,867 |
CARA | 6.54 | -8.53 % | 1,162,481 | $7,834,713 | 4,862 |
AMMJ | 1.96 | +12.00 % | 3,513,620 | $6,461,924 | 3,845 |
MCOA | 0.0904 | +30.13 % | 47,797,050 | $4,594,886 | 3,048 |
CBIS | 0.065 | +17.99 % | 76,395,689 | $4,529,671 | 2,996 |
CNAB | 2.34 | -18.18 % | 1,518,466 | $3,874,086 | 2,084 |
TRTC | 0.4771 | -3.23 % | 9,075,139 | $4,415,832 | 2,076 |
CNBX | 1.012 | +21.93 % | 2,851,704 | $2,566,148 | 1,997 |
MSRT | 1.019 | +1.90 % | 2,948,943 | $2,844,070 | 1,690 |
XXII | 1.21 | -3.97 % | 986,730 | $1,218,193 | 1,546 |
VAPE | 0.0247 | +20.49 % | 58,995,588 | $1,335,301 | 1,495 |
MCIG | 0.141 | +14.63 % | 15,246,415 | $2,227,787 | 1,450 |
ERBB | 0.0027 | -19.12 % | 528,077,684 | $1,516,936 | 1,260 |
SGBY | 0.045 | +28.94 % | 37,884,526 | $1,587,919 | 1,086 |
NEWC | 0.0167 | -26.15 % | 55,549,824 | $947,503 | 1,040 |
GRNH | 0.1133 | -5.50 % | 12,194,225 | $1,358,770 | 944 |
HEMP | 0.0422 | -1.17 % | 26,372,607 | $1,095,842 | 921 |
AXIM | 4.3721 | +32.89 % | 291,248 | $1,244,195 | 798 |
CANN | 3.67 | -5.90 % | 365,014 | $1,335,377 | 779 |
CVSI | 0.83 | -6.74 % | 1,588,889 | $1,285,304 | 707 |
GBLX | 0.509 | -13.73 % | 2,297,112 | $1,241,415 | 630 |
EFFI | 0.0061 | +39.32 % | 77,218,378 | $457,715 | 539 |
AGTK | 0.05 | -11.97 % | 7,198,699 | $380,065 | 460 |
PHOT | 0.0167 | -1.76 % | 28,364,442 | $471,811 | 452 |
USMJ | 0.0005 | -16.67 % | 186,479,607 | $92,182 | 396 |