Opening Brief
July 24, 2026 · 1:54 PM UTC
Cannabis Opens Mixed Signals Across Sector
Neutral macro with VIX at 19.0, 10Y at 4.68%, S&P -0.1%. Broad breadth across the 494-ticker cannabis universe — 24 advancing, 9 declining (73% up). Analyst consensus tilts bullish — 44 Buys, 6 Holds, 7 Sells. Widest implied upside: CRDL to $6.92 (+458%). Elevated short interest concentrated in IIPR at 10.6 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 →