Cannabis Central: Sector Continued To Advance Monday For 7th Consecutive Day - Here Are The Details

299 cannabis companies have securities that actively trade on one or more of the major stock exchanges in Canada and the U.S. of which 35 (12%) trade for a minimum of US$1/share. These 35 stocks make up the constituents of the new Non-penny Pot Stock Index (NPSI) and each of their price performances Monday are highlighted below within 9 categories based on their primary area of focus in the cannabis industry.

To put things in perspective,

1. of the 35 eligible stocks in the NPSI,
   • 18 went up,
   • 4 remained unchanged,
   • 13 went down in price and
   • the average price change was +0.2%;
2. the average return for the 3 broadest tracking indexes for the industry as a whole was -0.2% and
3. the average return for the 6 marijuana ETFs that make up the broadest range of pot stocks was +2.0% (less an average MER of 0.75%).

The details of the performance of the NPSI constituents on Monday are as follows:

1. Cultivation & Retail Category:
   • category consists of companies that grow and sell cannabis flower and related products.
   • The constituents within this category performed as follows:
     1. MediPharm Labs Corp. (MEDIF) +12.7%
     2. Aphria Inc. (APHA) +8.3%
     3. TerrAscend Corp. (TRSSF) +6.6%
     4. Valens GroWorks Corp. (VLNCF) +3.4%
     5. Rubicon Organics Inc. (ROMJF) +2.9%
     6. Columbia Care Inc. (CCHWF) +0.6%
     7. Cronos Group Inc. (CRON) +/-0.0%
     8. Canopy Growth Corporation (CGC) -0.7%
     9. FSD Pharma Inc. (HUGE) -0.9%
     10. Alcanna Inc. (LQSIF) -1.2%
     11. Acreage Holdings Inc. (ACRGF) -1.2%
     12. Organigram Holdings Inc. (OGI) -1.6%
     13. Planet 13 Holdings Inc. (PLNHF) -1.9%
     14. Green Thumb Industries Inc. (GTBIF) -2.6%
     15. Tilray Inc. (TLRY) -3.1%
     16. Trulieve Cannabis Corp. (TCNNF) -3.2%
     17. Curaleaf Holdings Inc. (CURLF) -3.8%
   • The average price change was -0.6%

The performance of Hexo (HEXO) and Aurora (ACB), both of which now trade for less than US$1/share, are not included in the NPSI, were -5.9% and +13.6%, respectively.

1. Biotechnology Category:
   • category consists of pharmaceutical companies focused on R&D of new drugs and products utilizing cannabinoids.
   • The constituents within this category performed as follows:
     1. Abacus Health Products Inc. (ABAHF) +7.5%
     2. Cara Therapeutics Inc. (CARA) +2.9%
     3. Corbus Pharmaceuticals Holdings Inc. (CRBP) +2.8%
     4. GW Pharmaceuticals Plc (GWPH) +1.3%
     5. Zynerba Pharmaceuticals Inc. (ZYNE) +0.8%
     6. XPhyto Therapeutics Corp. (XPHYF) +/-0.0%
   • The average price change was +1.6%
2. Marijuana-Infused Products Category:
   • category consists of companies focused on developing and selling marijuana-infused products and companies focused on the extraction of cannabis compounds and their infusion into consumer products.
   • The constituents within this category performed as follows:
     1. Neptune Wellness Solutions Inc. (NEPT) +38.8%
     2. New Age Beverages Corporation (NBEV) +11.1%
     3. Cresco Labs Inc. (CRLBF) -4.2%
   • The average price change was 9.9%
3. Consumption Devices Category:
   • category consists of companies focused on developing and selling personal consumption devices for cannabis consumers such as vape pens and inhalers.
   • The constituents within this category performed as follows:
     1. AYR Strategies Inc. (AYRSF) +0.9%
     2. Pyxus International Inc. (PYX) +/-0.0%
     3. Greenlane Holdings Inc. (GNLN) -10.8%
   • The average price change was -1.6%
4. Agricultural Technology Category:
   • category consists of companies focused on providing automated growing systems, greenhouses, farming products, nutrients, hydroponics, fertilization systems, horticultural expertise, LED/lighting technologies, air filtration systems, and climate control and energy efficiency systems.
   • The constituents within this category performed as follows:
     1. GrowGeneration Corp. (GRWG) +9.8%
     2. Village Farms International Inc. (VFF) +2.2%
   • The average price change was 6.6%
5. Real Estate Category:
   • category consists of investment companies and REITs that develop, own, and/or lease commercial real estate properties to licensed cannabis operators.
   • The only stock in this category eligible for the NPSI performed as follows:
     1. Innovative Industrial Properties Inc. (IIPR) -3.4%
6. Business Services/Consulting Category:
   • category consists of companies that provide professional services such as branding, packaging, bottling, compliance, physical security, transportation, lab testing, distribution, and insurance. consulting and other business services directly to marijuana cultivators and retailers.
   • The only stock in this category eligible for the NPSI performed as follows:
     1. Medicine Man Technologies Inc. (MDCL) +/-0.0%
7. Technology & Media Category:
   • category covers companies that provide delivery services, enterprise software, e-commerce platforms, communication and mapping services, and trading platforms and companies that provide marijuana-related media including news, content, social networks, games, and entertainment.
   • The only stock in this category eligible for the NPSI performed as follows:
     1. Akerna Corp. (KERN) +10.0%
8. Hemp Products Category:
   • category consists of companies that produce and sell hemp products.
   • The only stock in this category eligible for the NPSI performed as follows:
     1. Charlotte's Web Holdings Inc. (CWBHF) +3.5%

Further details regarding the constituents of the new NPSI are as follows:

• 2 trade above US$20/share,
• 2 trade between US$10 and US$20/share,
• 9 trade between US$5 and US$10/share and
• 22 trade between US$1 and US$5/share. (The official definition of a "penny" stock is one that trades below US$5/share but, when it comes to pot stocks, that is where 88% of the total universe trade, so the more literal definition of stocks that trade for less than US$1/share is used.)

In addition, the market capitalization makeup of the NPSI, calculated by multiplying the number of a company's shares outstanding by its stock price per share, is as follows:

• Large-Cap (+US$10B): 0
• Mid-Cap (US$2B to US$10B): 3
• Small-Cap (US$300M to US$2B): 11
• Micro-Cap (US$50M to US$300M): 18
• Nano-Cap (Less than US$50M): 3

To see how the new Non-penny Pot Stock Index (NPSI) has done on a daily and weekly basis for the past month, visit my daily updates here.