As we described in a previous article, the Global Cannabis Stock Index moved lower in June, falling 8.9%. It is now up 6.2% in 2024.
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 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. This month, two indices plunged and one fell modestly.
American Cannabis Stocks Index
The American Cannabis Operator Index was quite strong in January after declining in December, but it plunged in February and then rallied in March and April. In May, it plunged, and it was weak again in June, falling 11.2% to 15.30 :
In 2023, the index rallied 7.6% to 15.34…
