Cannabis Central: These 10 Pure-Play Pot Stocks Are Up 57% YTD, On Average

The munKNEE.com Pure-Play Pot Stock Portfolio is DOWN 12.8% YTD but 10 of the 25 stocks in the portfolio are UP 57.2%, on average, YTD. This article identifies those 10 stocks and their percentage increases over the past 8 months. A companion will follow highlighting the remaining 15 stocks that are DOWN 44.7%, on average, YTD, and their percentage decreases.

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 10 winners YTD are as follows, in descending order:

1. TerrAscend (TRSSF) +119.2% (read TerrAscend Q2 Financial Report Shows Further Improvement In All Aspect Of Operation)
2. Trulieve (TCNNF) +85.1% (read Trulieve Q2 Financials Show Record Revenue)
3. Rubicon (ROMJF) +79.3% (read Rubicon Organics Q2 Financials Show Major Improvement In Operations)
4. Planet 13 (PLNHF) +71.9% (read Planet 13 Q2 Financials Hit Hard By Effects Of COVID-19)
5. Jushi (JUSHF) +57.2% (read Jushi Holdings' Q2 Report Outpaces Other MSOs)
6. Green Thumb (GTBIF) +52.0% (read Green Thumb Industries Q2 Financial Results Are Impressive Across The Board)
7. Columbia (CCHWF) +45.8% (read Columbia Care's Q2 Results Strongest In History)
8. Ayr (AYRSF) +39.8% (read Ayr Strategies Reports Disappointing Q2 Results)
9. Curaleaf (CURLF) +30.3% (read Curaleaf Q2 Financials)
10. cbdMD (YCBD) +7.1%

The fact that the above 10 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.

Interestingly, 9 of the 10 top performers YTD 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 21.3% YTD, on average, compared to the LP category which happens to be DOWN 42.9%, on average, YTD.

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