What is 52-Week Range?

The 52-week range represents the highest and lowest stock prices at which a cannabis company's shares have traded over the past 52 weeks (one year). This metric provides investors with crucial context about a stock's price volatility and performance trajectory within the cannabis sector. For cannabis stocks, the 52-week range is particularly significant due to the industry's inherent volatility. Cannabis companies often experience dramatic price swings based on regulatory developments, earnings reports, market sentiment, and broader sector trends. For example, major cannabis stocks like Tilray (TLRY) and Canopy Growth (CGC) have historically shown 52-week ranges spanning 200-300% or more during periods of regulatory uncertainty or market euphoria. The 52-week range appears as two numbers: the low and the high. If a cannabis stock shows a range of $5.20 - $28.75, this means the lowest price in the past year was $5.20 and the highest was $28.75. Current trading prices near the 52-week high may indicate strong momentum or potential overvaluation, while prices near the 52-week low might suggest oversold conditions or fundamental challenges. Investors use this metric to assess entry and exit points, gauge volatility, and compare relative performance across cannabis companies. However, the 52-week range should never be used in isolation for investment decisions. Cannabis stocks are influenced by federal legalization prospects, state-level regulatory changes, quarterly earnings, and shifting consumer preferences. **Disclaimer: This information is for educational purposes only and does not constitute investment advice. Cannabis investments carry significant risks, including regulatory uncertainty and high volatility. Always consult with qualified financial professionals before making investment decisions.**