Singlepoint Inc (SING)

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The Daily dAB: A Quick Hit On Cannabis Stocks 01/20/17


Cannabis stocks ended at the highs of the week and are now up 8.6% so far in January. 39% of the 56 stocks tracked here rose in price, with 9 double-digit percentage gainers and 2 double-digit percentage losers. The percentage of stocks with volume above the 30-day average was 38%, down from 46% in the prior session, with seven stocks trading over $5mm in value. Eight of the ten highest dollar-volume stocks rose in price as twenty-two traded above $1mm. The 420 Investor Cannabis Stock Index increased from 79.36 to 80.47, reflecting a change of +8.6% after a 88.8% gain in 2016. The index began 2013 at 100, 2014 at 159.1, 2015 at 130.7, 2016 at 39.25 and 2017 at 74.10.

This table includes MQTRF, which is an unsponsored ADR, as well as dual-listed tickers ACBFF, APHQF, ATTBF, BLOZF, EMMBF, GRPOF, GWPH, MGWFF, MRPHF, OGRMF, SPLIF, SPRWF, THCBF and TWMJF, and thus is not reflective of all the trading activity in those tickers.

Potstocks012017

Stocks moving more than 5% on more than $500k in volume included Puration (PURA), Marijuana Company of America (MCOA), Rocky Mountain High Brands (RMHB), Mountain High Acquisition Company (MYHI), Eco Science Solutions (ESSI), Singlepoint (SING), OWC Pharma (OWCP), Cannabis Science (CBIS), United Cannabis (CNAB), mCig (MCIG), Hemp, Inc. (HEMP) and American Cannabis Company (AMMJ) to the upside and Cannabis Sativa (CBDS) and Kaya Holdings (KAYS) to the downside.

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