As we described in an article released earlier, the Global Cannabis Stock Index moved lower again in March as it fell 15.3%. It was down 15.2% in 2024, and it is down 26.9% so far this year.
In this article, we summarize the performance of the other managed indices that New Cannabis Ventures has offered to its readers. We discuss the performance of the American Cannabis Operator Index, Ancillary Cannabis Index and Canadian Cannabis LP Index. The index that had been the strongest since the DEA was asked by the Department of Health & Human Services in late August to reschedule cannabis has been very volatile since then and was down sharply again. Ancillary, which was the strongest sub-sector in 2024, fell substantially, while Canadian LPs fell due to continued weakness in the two largest names. Note that we are no longer going to share these sub-indexes with readers.
American Cannabis Stocks Index
The American…
