The Global Cannabis Stock Index fell for the fourth straight month, dropping 4.1% to 57.10.
During the second quarter, the index was down 8.7%.
After gaining 5.2% in 2020 when it ended at 44.39, the index is up 28.6% in 2021 and has gained 94.2% over the past year.
The index dropped 38.3% from its 2021 closing high of 92.48 on February 10.
Cannabis-focused investment and acquisition company, RIV Capital Inc.
(TSX: RIV) (OTCQX: CNPOF) posted its latest financial earnings report on Thursday, touting a pop in total comprehensive income that hit CA$64.8 million ($53.7 million) in the fourth quarter of 2021.