The cannabis sector was mixed, as volume dropped off sharply and more stocks fell than rallied. There were 5 double-digit percentage gainers and 4 double-digit percentage losers. Only 16% of the stocks had volume above the 30-day average, with just 5 stocks trading over $5mm in value.

Primco Management (PMCM) traded over 1 billion shares as volume accelerated on news of a deal with a potential licensee in Canada. Nuvilex (NVLX) continued its high-volume rally for the third day since disclosing funding from Lincoln Park Capital, attaining prices not seen since since 2007. CannaVest (CANV) recovered some of the losses from its $200 peak on Friday. Hemp, Inc. (HEMP) jumped as volume picked up but remained below levels from earlier this month.

After testing $15 for two straight days, Zoned Properties (ZDPY) opened higher before plunging as volume accelerated. Latteno Foods (LATF) was weak from the open and took out the prior day's lows, but the stock closed above the 10dma. Recent high-flyer Vapor Group (SPLI) closed near the lows as volume contracted. Here is a great "feet on the street" report published recently by "Mr. Wolf." Plandai Biotechnology (PLPL) closed below the 10dma as volume accelerated.

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