Only 9 of the 25 stocks in the munKNEE.com Pure-Play Pot Stock Portfolio are UP this year as of the end of September. This article identifies those 9 stocks and their percentage increases over the past 9 months. A companion article will follow highlighting the remaining 15 stocks that are DOWN YTD, and their percentage decreases.
By Lorimer Wilson, managing editor of munKNEE.com – Your KEY to Making Money!
The Pure-Play Pot Stock Portfolio consists of the 25 companies that derive 100% of their revenue from the sale of cannabis or cannabis consumption products and consistently trade for at least US$1/share to reflect the true health of the marijuana industry in the U.S. and Canada.
The 9 winners YTD are as follows, in descending order:
- TerrAscend (TRSSF) +97.3%
- Jushi (JUSHF) +76.8%
- Rubicon (ROMJF) +75.9%
- Trulieve (TCNNF) +56.3%
- Planet 13 (PLNHF) +45.4%
- Columbia (CCHWF) +38.2%
- Ayr (AYRSF) +33.8%
- Green Thumb (GTBIF) +32.9%
- Curaleaf (CURLF) +15.2%
Interestingly, 8 of the 9 top performers YTD in the munKNEE.com Pure-Play Pot Stock Portfolio are in the American Multi-State Operators (MSOs) Category and only one, Rubicon, is in the Vertically Integrated (Seed-to-Sale) Category of Canadian Licensed Producers (LPs) supporting the fact that the MSO category is UP 7.9% YTD compared to the LP category which is DOWN 54.5% YTD.
The fact that the above 9 stocks are up YTD suggests that the companies are well managed, well-financed, and executing their respective business plans in such a manner as to have the confidence of serious marijuana stock investors and, as such, they deserve your attention.
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