Tuesday , 22 September 2020


Cannabis Central: Sector DOWN 45% YTD With Only 2 Pot Stocks Going UP

The non-penny pot stock sector of 37 stocks is down 21.7% year-to-date which, as terrible as that certainly is, is better than the cannabis sector as a whole (319 stocks) which is down 45.5% year-to-date. This article identifies the 4 winners and 8 big losers of the past 3 months plus the performance of 6 other pot stocks worthy of mention.

Of the 37 stocks analyzed only 2 stocks have increased in price so far this year while 2 others showed no change and the remaining 33 declined anywhere between 11.8% and 66.8%. In fact, 8 of the stocks declined by 50% or more during that time.

The Winners were:

  1. xPhyto (XPHY) +156.3%
  2. Innovative Properties (IIPR) +3.0%
  3. Corbus (CRBP) +/-0%
  4. GrowGeneration (GRWG) +/-0%

The Big Losers were:

  1. Pyxus Int’l (PYX) -66.8%
  2. Harvest Health (HRVSF) -66.5%
  3. Acreage (ACRGF) -60.6%
  4. Alcanna (LQSIF) -58.9%
  5. Tilray (TLRY) -57.3%
  6. Aurora (ACB) -57.0%
  7. Cresco (CRLBF) -50.5% 
  8. Neptune (NEPT) -50.0%

Notable Mentions

  1. Village Farms (VFF) -39.5%
  2. Aphria (APHA) -31.6%
  3. Hexo (HEXO) -30.9%
  4. Valens (VLNS) -30.0%
  5. Canopy (CGC) -21.6%
  6. Cronos (CRON) -11.8%