Opening Brief
September 23, 2026 · 1:00 PM UTC
Cannabis Opens Mixed Signals Across Sector
Neutral macro with VIX subdued at 14.3, 10Y at 4.98%, S&P -0.0%. Broad breadth across the 326-ticker cannabis universe — 29 advancing, 4 declining (88% up). Analyst consensus tilts bullish — 44 Buys, 6 Holds, 7 Sells. Widest implied upside: CRBP to $34.02 (+332%). Elevated short interest concentrated in IIPR at 10.9 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 →