Midday Update
September 2, 2026 · 4:30 PM UTC
Midday: Broad Strength as Cannabis Holds Steady
Midday check-in on cannabis tape. Neutral macro with VIX at 15.4, 10Y at 4.80%, S&P +0.5%, DXY -0.2%. Broad breadth across the 326-ticker cannabis universe — 23 advancing, 10 declining (70% up). Analyst consensus tilts bullish — 44 Buys, 6 Holds, 7 Sells. Widest implied upside: CRDL to $8.50 (+301%). Elevated short interest concentrated in IIPR at 9.2 days-to-cover.
CIN TAKE
Neutral macro paired with expanding breadth is the setup that usually precedes a durable move higher. Momentum names deserve attention — not just the leaders, but the second-tier tickers now turning. Trim conviction if breadth deteriorates before the macro regime shifts.
Signal Context
Macro - Sector - AnalystMacro
Opportunities
Analyst
State Markets
Terminal · 38 StatesNightly-refreshed retail sales, tax collections, licensee counts, and wholesale prices for every state-legal cannabis market. Browse all state market data →