Midday Update
August 28, 2026 · 4:35 PM UTC
Midday: Broad Pressure as Cannabis Holds Steady
Midday check-in on cannabis tape. Neutral macro with VIX subdued at 14.6, 10Y at 4.71%, S&P -0.1%, DXY +0.4%. Broad pressure across the 326-ticker cannabis universe — 8 advancing, 25 declining (24% up). Analyst consensus tilts bullish — 44 Buys, 6 Holds, 7 Sells. Widest implied upside: CRDL to $8.50 (+343%). Elevated short interest concentrated in OGI at 15.1 days-to-cover.
CIN TAKE
Rangebound action continues with no macro edge to press. Position sizing should reflect the lack of directional clarity — smaller, catalyst-linked, and quick to reduce. Wait for either breadth expansion or a macro break before adding conviction.
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 →