Canada’s Marijuana Stocks Smok’n Hot as Legalization Approaches

Our Ubika Marijuana Stock Index soared 161% since our last report dated October 30, 2017

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The Ubika Marijuana 20 Index has risen sharply since our last report dated October 30, 2017, returning 161%, outperforming the TSXV Index and the Horizons Marijuana Life Sciences Index over the same period, which returned 16%, and 137%, respectively. Every component of our index has gained after a sudden spike in marijuana stocks post Christmas. Notable performers in this report include:

  1. MedReleaf Corp. (TSX:LEAF), which jumped 86% after the Company announced a deal to supply medical cannabis to Shoppers Drug Mart.
  2. Emerald Health Therapeutics Inc. (TSXV:EMH), which rose 27% after the Company announced a $15 Million prospectus sale.
  3. Aurora Cannabis Inc. (TSX:ACB), which increased 18% as California opened their state markets, and jumped another 27% after the Company announced it sold $3.1 Million in marijuana.

For Our Complete Coverage Of Canadian Marijuana Stocks Click Here 

Disclosure: Neither the author nor his/her family own shares in any of the companies mentioned above.

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