Cannabis Market Sentiment Index

The Cannabis Market Sentiment Index is a daily score ranging from -1 (extremely bearish) to +1 (extremely bullish) that reflects overall investor and media sentiment toward the publicly traded cannabis sector. It is generated by AI analysis of cannabis news articles published each day.

Each day, our AI system analyzes cannabis-related news articles from 40+ sources and assigns a sentiment score per article and per mentioned stock ticker. The market-wide score is an aggregate of all article sentiment, weighted by article count and relevance. Per-ticker scores reflect sentiment in articles that specifically mention that company.

Scores above +0.2 indicate bullish sentiment — positive coverage of earnings, regulatory progress, or growth. Scores below -0.2 indicate bearish sentiment — negative coverage of losses, regulatory setbacks, or sector headwinds. Scores between -0.2 and +0.2 are considered neutral, reflecting balanced or mixed coverage.

Sentiment is updated once daily, based on the prior 24 hours of published cannabis news. The 7-day and 30-day moving averages smooth short-term volatility and help identify prevailing trends in investor sentiment.

Sentiment analysis identifies the emotional and narrative tone of coverage, which can correlate with short-term price movements. However, it is not a prediction of future prices. Positive sentiment often accompanies price increases but may also lag or lead market moves. Use sentiment as one input alongside fundamental and technical analysis.