American Cannabis Companies Continued to Consolidate in May

New Cannabis Ventures
By Alan Brochstein, CFAMay 31, 2021, 8:54 am196 pts
The American Cannabis Operator Index fell for the third straight month after having scored five straight monthly gains, declining 2.3% to 77.86: After gaining 45.7% in 2020, when it ended at 63.05, the index is up 23.5% in 2021 and has gained 157.8% over the past year: The index, which launched at the end of…

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