Midday Update
September 3, 2026 · 4:30 PM UTC
Midday: Selective Strength as Risk Appetite Returns
Midday check-in on cannabis tape. Constructive macro with VIX subdued at 14.7, 10Y at 4.74%, S&P +1.0%, DXY -0.6%. Selective strength across the 326-ticker cannabis universe — 11 advancing, 22 declining (33% 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 11.1 days-to-cover.
CIN TAKE
Macro tailwind and analyst conviction are aligning — this is the higher-hit-rate window for adding cannabis exposure. A broad-basket approach is defensible; sector beta is doing the work. Watch VIX and 10Y for the first signs the window is closing.
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 →