Review
Two of the five states voting to legalize cannabis for adult-use, Maryland and Missouri, passed it, while three others, Arkansas, North Dakota and South Dakota, voted against doing so.
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 140 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.
Market Performance
The Global Cannabis Stock Index remained far above its all-time closing low of 11.26 from 9/30. It rose to 13.32 this Friday, lifting 4.7% during the week. This was a little worse than the 5.9% gain in the S&P 500, which is up 3.2% so far in November. The cannabis index has rallied 1.1% this month-to-date, slightly behind the S&P 500, and it has rallied 18.6% thus far in Q4. This is more than the 11.6% return in the S&P 500.
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