Thursday , 9 July 2020


Cannabis Central: Only These 12 Pot Stocks (out of 298) Are Up YTD

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This article highlights the performance of the 12 “momentum” stocks within the Non-penny Pot Stock Index which, given that they represent only 4% of all cannabis stocks, certainly warrant your consideration.

By Lorimer Wilson, editor of munKNEE.com – Your KEY to Making Money

  • 298 cannabis stocks trade on the various Canadian and American stock exchanges and they, collectively, are DOWN 25.9% YTD (as of close of trading on June 5th)
  • 39 of those 298 (i.e. 13%) are non-penny stocks (i.e. trading actively and consistently above US$1/share) which make up the constituents of the Non-penny Pot Stock Index (NPSI) and they are DOWN 4%, on average, YTD (Source)
  • 12 of those 39 are ‘momentum” stocks given that they are UP 24.6% YTD

Given the above you can understand my concentration on the very few winners in the cannabis stock sector. The details of their performance, in descending order, are as follows:

  1. XPhyto (XPHYF) +213.3% YTD
  2. GrowGeneration (GRWG) +60.0% YTD
  3. Rubicon (ROMJ) +29.0% YTD
  4. Corbus (CRBP) +26.6% YTD
  5. Akerna (KERN) +26.5% YTD
  6. Innovative Properties (IIPR) +20.2% YTD
  7. GW Pharma (GWPH) +16.2% YTD
  8. Abacus +10.0% YTD
  9. Columbia (CCHWF) +10.0%YTD
  10. Trulieve (TCNNF) +3.9% YTD
  11. Greenlane (GNLN) +3.7% YTD
  12. Terrascend (TRSSF) N/C YTD

Please convey which, if any, of the above stocks you intend to invest in below in the comment section.

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