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How To Capitalize on the Marijuana Green Rush

Submitted by Marijuana News on Tue, 07/07/2015 - 08:45

The Viridian Cannabis Stocks Index gained 23.6% through Q1’2015, significantly outperforming the Dow Jones Industrial Average (down 0.3%), the S&P 500 (up 0.4%), the NASDAQ (up 3.5%), and the Russell 2000 (up 3.0%). This gain follows a strong 2014 performance (up 38.4%), but two down quarters in Q3 and Q4’2014. We attribute the strong first quarter to several factors, including:

 

  • The traditional “January effect” in small cap stocks, whereby prices recover from year-end tax selling.
  • Increase in the number and dollar volume of capital raises, providing working capital for 23
  • Increase in M&A and partnership activity, helping companies build market share and accelerate

Where are the Winners & Losers

Of the eleven sectors that make up the Viridian Cannabis Stock Index, four showed positive gains: Infused Products (up 163.0%); Cultivation and Retail (up 102.1%); Ancillary Products and Services (up 76.4%); and Biotechnology (up 10.9%). The performance of...

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