The SAFE Banking measure was removed from inclusion in the National Defense Authorization Act. Connecticut announced the opening date for retail cannabis sales as January 10th.
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.
There were comments in over 90 discussions in the Forum. Don't miss out on this most informative part of 420 Investor! Not familiar with the the Forum? This video will help! This is a great way to track your favorite tickers, even those not on the Focus List, and to get your questions answered quickly.
The Global Cannabis Stock Index remained above its all-time closing low of 11.26 from 9/30. It was slammed lower this week to 12.18, ending down 17.7% for the week. This was a lot worse than the 3.4% loss in the S&P 500, which is down 3.6% in December. The cannabis index has dropped 10.9% in December, and it has rallied 8.2% thus far in Q4. This is less than the 9.7% return in the S&P 500.