Cannabis Central: Pure-Play Pot Stock Index Up On The Week

24 of the 25 constituents in the munKNEE Pure-Play Pot Stock Index went UP week ending November 27 with the other constituent having No Change in price. In fact, 17 of the constituents went UP in excess of 10%. In addition, all 3 of the index categories also went UP in price. The details are as follows:

Index Performance

The constituents in the Index operate in 3 categories based on their primary area of focus in the cannabis industry and the constituents within each category are identified below with how each of the categories did along with those stocks within each category that changed price by 10% or more:

1. The Vertically Integrated (i.e. Seed-to-Sale) Category went up 17.1% during the week ended November 27. The category consists of  22 index constituents that grow, process, and sell cannabis and hemp flower and related products.
   • The Canadian Licensed Producer (LPs) Sub-Category went up 23.1% with 6 of the 7 index constituents within the category going UP by 10% or more, as follows: 
     1. Aurora (ACB) +46.8%
     2. Aphria (APHA) +26.1%
     3. Canopy (CGC) +22.3%
     4. Organigram (OGI) +18.8%
     5. Cronos (CRON) +17.3%
     6. Tilray (TLRY) +15.5%
   • The U.S. Non-Hemp Multi-State Operator (MSOs) Sub-Category went up 14.1% with 9 of the 13 index constituents in the category going UP by 10% or more, as follows:
     1. Acreage Floating Shares (ACRHF) +30.8%
     2. TerrAscend (TRSSF) +25.9%
     3. Planet 13 (PLNHF) +22.6%
     4. Cresco (CRLBF) +17.3%
     5. Trulieve (TCNNF) +16.1%
     6. Harvest Health (HRVSF) +15.3%
     7. Curaleaf (CURLF) +14.2%
     8. Green Thumb (GTBIF) +13.0%
     9. Acreage Fixed Shares (ACRDF) +10.8%
   • The Hemp Seed-to-Sale MSO Sub-Category went up 15.5% with one of the two index constituents in the category changing in price by 10% or more, namely:
     1. Charlotte's Web (CWBHF) +19.9%
2. The Extraction Category went up 4.6%, This category focuses on the extraction of cannabis compounds and their infusion into consumer products neither of the 2 index constituents within the category went UP by 10%, or more.
3. The Consumption Devices Category went up 28.6%. This category has only one index constituent, Greenlane (GNLN), which is focused on developing and selling personal consumption devices for cannabis consumers, such as vape pens and inhalers.

Further details regarding the equal-weighted munKNEE Pure-Play Pot Stock Index (PPSI) are as follows:

• *The 25 pure-play constituents in the PPSI are just that, pure, deriving 100% of their revenue from the sale of cannabis or cannabis-related products.
  • Unlike every marijuana ETF and every other cannabis tracking index, the PPSI excludes "wanna-be" companies that currently generate little, if any, of their total revenue from the cannabis industry so as to reflect the true health of the marijuana industry in the U.S. and Canada.
  • The average market capitalization of the 25 constituents in the munKNEE PPSI is US$1.5B.
    • 10 constituents have market caps ranging between $1.0B and $10.0B;
    • 4 have market caps between $500M and $999M and
    • 11 constituents have market caps ranging between $100M and $499M