Only These 9 Cannabis Stocks Rose in July
During the first quarter, cannabis stocks were practically unstoppable. The Horizons Marijuana Life Sciences ETF, the first-ever cannabis exchange-traded fund to hit the market, rose more than 50%, and 14 popular pot stocks scorched higher by more than 70%.
However, the past four months have not been pretty, with marijuana stocks certainly losing their buzz. In July, the Horizons Marijuana Life Sciences ETF shed almost 12% of its value, and of the 58 cannabis stocks that Yours Truly follows, 49 ended the month lower. Further, 38 of these 49 decliners ended the month of July with a double-digit percentage loss. Yuck!
But in spite of this negativity, there were a small number of bright spots. Below, you'll see the nine cannabis stocks that rose in July, listed in descending order, based on their monthly gain.
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