Canadian cannabis sales in August rose 0.2% to C$393.7 million. This was up only 13% from a year ago, the slowest annual growth yet. A German plan to legalize for adult-use was leaked.
I distributed this written material to 420 Investor subscribers during the week:
Here are some of this week's highlights for Focus List names:
Please check the Focus List, (which has technical, fundamental and valuation ratings as well as a market-cap table). To help track market caps, we maintain tables for the Canadian LPs and the American cannabis operators and ancillary companies.
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The Global Cannabis Stock Index remained above its all-time closing low of 11.26 from 9/30. It rose to 12.21 this Friday, lifting 4.1% during the week. This was double the 2.0% gain in the S&P 500, which is down just a tiny amount in October. The index has climbed 8.4% this month-to-date, beating the 4.8% rally in the S&P 500.