Marijuana Continues To Outperform The Market: Cannabis Stock Index Up For 8th Consecutive Week

Javier Hasse - BenzingaNews0 Comments

Cannabis stocks had another great week, with the Viridian Cannabis Stock Index up for the eighth consecutive week. For the seven days ended February 3, the index gained 1.8 percent.

While this surge represented a slowdown in relation to previous weeks, it still implied a marked outperformance in relation to major market indexes and ETFs like the S&P 500, the Dow Jones Industrial Average, the PowerShares QQQ Trust, Series 1 (ETF) QQQ and the iShares Russell 2000 Index (ETF) IWM.

Source: 420 Intel – United States

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