As we described in a previous article, the Global Cannabis Stock Index extended the November bounce after the huge October loss, rallying 8.1% in December. That index was down 20.1% in 2023, which followed a record decline of 70.4% for 2022.
In this article, we summarize the performance of the other managed indices that New Cannabis Ventures offers to its readers. We discuss the performance of the American Cannabis Operator Index, Ancillary Cannabis Index and Canadian Cannabis LP Index. The one that was quite strong in August and in September but led the way lower in October reversed in November, showing leadership. In December, it was the weakest.
American Cannabis Stocks Index
The American Cannabis Operator Index was crushed in October and then partially reversed in November as the strongest sub-sector. In December, it fell 3.6% to 15.34 :
The index fell 8.6% in Q1 and then 6.9% in Q2. In Q3, it rallied 50.2%….
