Michigan cannabis sales fell 1% sequentially in August due to continued weakness in medical. Sales of $207.9 million, up 26% from a year ago, were supported by a record level of adult-use sales.
I distributed this written material to 420 Investor subscribers during the week:
Here are some of this week's highlights for Focus List names:
There were comments in over 110 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.
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.
The Global Cannabis Stock Index hit a new all-time closing low on Friday of 13.41. For the week, it fell 9.1%, which exceeded the 5.2% decline in the S&P 500.