Global Cannabis Stock Index Pulls Back Slightly in August

New Cannabis Ventures
By Alan Brochstein, CFAAug 31, 2022, 8:42 pm188 pts
The Global Cannabis Stock Index posted a gain for the first time in 17 months, rising 4.3% in July. In August, it retreated slightly, falling 1.3% to 15.20. After a 26% decline in 2021, the index, which posted an all-time closing low on August 23rd at 14.36 and 26 names, is down 53.7% thus far in 2022.…

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