With the election around the corner – Marijuana Stocks are Hot Hot Hot! A total of $50,019,824 traded Wednesday on the top 25 cannabis tickers. Granted Wednesday was mainly a profit taking sideways session in the sector, the hyped up cannabis run is far from over with the elections now less than 2 weeks away.
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 |
CARA | 7.03 | -6.39 % | 947,911 | $6,785,651 | 4,336 |
CNAB | 1.97 | -1.50 % | 2,957,603 | $5,655,878 | 3,635 |
TRTC | 0.51 | -1.35 % | 14,952,788 | $7,378,939 | 2,745 |
XXII | 1.37 | -0.72 % | 1,375,537 | $1,911,284 | 2,663 |
MJNA | 0.125 | +11.71 % | 37,025,771 | $4,418,124 | 2,322 |
CBIS | 0.052 | +3.38 % | 62,216,070 | $3,183,601 | 2,290 |
ERBB | 0.005 | +15.58 % | 481,364,187 | $2,352,938 | 2,054 |
GRNH | 0.1189 | -11.27 % | 18,015,868 | $2,094,400 | 1,446 |
CANN | 3.66 | -8.50 % | 546,925 | $2,088,217 | 1,205 |
CBDS | 5.31 | -11.35 % | 355,218 | $1,879,501 | 1,101 |
AGTK | 0.0558 | +50.81 % | 22,018,085 | $1,056,184 | 1,019 |
NEWC | 0.0318 | -18.59 % | 29,407,867 | $1,110,232 | 979 |
MSRT | 0.9 | -0.88 % | 1,974,957 | $1,686,309 | 918 |
HEMP | 0.0419 | -7.91 % | 26,730,336 | $1,167,945 | 863 |
MCOA | 0.0365 | -6.41 % | 20,204,634 | $711,175 | 856 |
AMMJ | 0.87 | -3.33 % | 1,797,021 | $1,540,628 | 729 |
VAPE | 0.0103 | +14.44 % | 42,022,367 | $405,161 | 628 |
ALYI | 0.0335 | +131.03 % | 13,164,486 | $437,366 | 609 |
MCIG | 0.115 | -9.80 % | 5,621,732 | $628,352 | 604 |
OWCP | 0.158 | -9.71 % | 5,348,459 | $834,266 | 547 |
ICBU | 0.0087 | +21.11 % | 61,219,248 | $545,743 | 522 |
NGBL | 0.0006 | 0.00 % | 1,153,756,181 | $544,487 | 510 |
CVSI | 0.869 | +5.33 % | 948,075 | $819,588 | 497 |
SGBY | 0.0205 | +36.67 % | 26,136,617 | $482,498 | 482 |
EFFI | 0.0038 | +10.32 % | 76,989,337 | $301,357 | 455 |