Cannabis Central's Pot Stock Index Was Unchanged Monday But Aurora Was Down 10.3%

On Monday Cannabis Central's proprietary Non-Penny Pot Stock Index (NPSI) declined 0.06% with 13 constituents (37%) advancing, 20 constituents (57%) declining, and 3 (6%) constituent experiencing no change in price. 

The total cannabis sector consists of 298 actively traded stocks of which only 12% (36) trade for US$1/share or more and they make up the constituents of Cannabis Central's proprietary Non-Penny Pot Stock Index (NPSI). Aurora Cannabis was added to the NPSI on Monday as a result of its 1-for-12 reverse stock split to improve liquidity and regain compliance with New York Stock Exchange listing requirements, after its stock traded below $1 for more than 30 days.

Today's article identifies:

• the 4 non-penny stocks in the NPSI that increased by 5.0% or more;
• the 5 non-penny that declined by 5.0% or more;
• 2 stocks that warrant mentioning and
• the average change in value of each of the 9 categories that represent specific areas of focus within the cannabis industry and the NPSI.

The Biggest Winners Were: 

1. Zynerba (ZYNE) +11.5%;
2. Cara (CARA) +11.4%;
3. Curaleaf (CURLF) +7.2%;
4. Neptune (NEPT) +5.8%

The Biggest Losers Were:

1. Aurora(ACB) -10.3%;
2. New Age (NBEV) - 8.6%
3. Columbia (CCHWF) -6.7%
4. Aphria (APHA) -5.2%;
5. TerrAscend (TRSSF) -5.1%

The Notable Mentions Were:

Hexo (HEXO) +1.8%; Harvest Health(HRVSF) -2.1%

Constituent Performance By Industry Category

1. Cultivation & Retail Category:
   • This category consists of companies that grow and sell cannabis flower and related products.
   • There are 18 NPSI constituents within this category (ACRGF; ACB; LQSIF; APHA; CCHWF; CGC; CRON; CURLF; GTBIF; HUGE; MEDIF; OGI; PLNHF; ROMJF; TRSSF; TLRY; TCNNF; VLNCF) and they went DOWN 0.8%, on average.
2. Biotechnology Category:
   • This category consists of pharmaceutical companies focused on R&D of new drugs and products utilizing cannabinoids.
   • There are 6 NPSI constituents within this category (ABAHF; AVCNF; CARA; CRBP; GWPH; ZYNE) and they went UP 2.0%, on average.
3. Marijuana-Infused Products Category:
   • This 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.
   • There are 3 NPSI constituents within this category (CRLBF;  NEPT; NBEV) and they went DOWN 1.2%, on average.
4. Consumption Devices Category:
   • This category consists of companies focused on developing and selling personal consumption devices for cannabis consumers such as vape pens and inhalers.
   • There are 3 NPSI constituents within this category (AYRSF;  GNLN; PYX) and they went DOWN 1-0%, on average.
5. Agricultural Technology Category:
   • This 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.
   • There are 2 NPSI constituents within this category (GRWG; VFF) and they went UP 2.4%, on average.
6. Real Estate Category:
   • This category consists of investment companies and REITs that develop, own, and/or lease commercial real estate properties to licensed cannabis operators.
   • There is only 1 NPSI constituent within this category (IIPR) and it went DOWN 2.7%.
7. Business Services/Consulting Category:
   • This 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.
   • There is only 1 NPSI constituent in this category (SHWZ) and it went UP 2.2%
8. Technology & Media Category:
   • This 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.
   • There is only 1 NPSI constituent in this category (KERN) and it went DOWN 1.7%.
9. Hemp Products Category:
   • This category consists of companies that produce and sell hemp products.
   • There is only 1 NPSI constituent in this category (CWBHF) and it went UP 0.5%.

In summary, 4 categories went UP and 5 categories went DOWN in price.

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

• 2 trade above US$20/share,
• 3 trade between US$10 and US$20/share,
• 7 trade between US$5 and US$10/share and
• 24 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 trades, so the more literal definition of stocks that trade for less than US$1/share is used.)

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): 12
• Micro-Cap (US$50M to US$300M): 17
• Nano-Cap (Less than US$50M): 4

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