As we described in a previous article, the Global Cannabis Stock Index soared again in March, rallying 19.5%. It is now up 26.0% 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 one that was quite strong in August and in September but led the way lower in October and reversed in November, was the weakest in December and the strongest in January. After underperforming one of the others in February, it rallied in March but fell short of both of the others.
American Cannabis Stocks Index
The American Cannabis Operator Index was quite strong in January after declining in December, but it plunged in February. In March, it rallied 6.1% to 20.70 :
In 2023, the index rallied 7.6% to 15.34 despite the overall…
