July Update: Ancillary Pot Stocks Index Down 1.5%; Down 55% YTD

The Ancillary Pot Stocks Index consists of 7 companies that provide goods and/or services to American cannabis multi-state operators (MSOs) and Canadian licensed producers (LPs) whose stocks trade for at least US$3/share, have a market cap of at least US$100M, and trade on one or more of the Canadian and/or American stock exchanges.

The munKNEE Ancillary Pot Stocks Index

The performances of the constituents of the non-tradable Index are presented below for July, in descending order, and YTD:

GrowGeneration Corp. (GRWG): UP 35.1% in July; DOWN 62.8% YTD
- A retailer of organic nutrients and soils, advanced lighting technology, and state-of-the-art hydroponic equipment to commercial and home growers in 53 retail stores in the U.S.
Forian (FORA): UP 18.5% in July; DOWN 42.4% YTD
- Provides a suite of SaaS solutions, data management capabilities, and proprietary data and analytics to optimize and measure operational, clinical, and financial performance.
Scotts Miracle-Gro Company (SMG): UP 12.6% in July; DOWN 44.8% YTD
- A marketer of consumer lawn and gardening products and, through its subsidiary Hawthorne Gardening, is a leader in hydroponic and indoor growing products for the cannabis industry.
AFC Gamma (AFCG): UP 7.0% in July; DOWN 28.6% YTD
- A real estate finance company operating as a mortgage real estate investment trust (mREIT) to provide loans to marijuana operators.
Hydrofarm Holdings Group Inc. (HYFM): DOWN 7.2% in July ; DOWN 88.6% YTD
- A manufacturer and wholesaler of hydroponics equipment and commercial horticultural products in the lighting, climate control, nutrients, and growing media categories.
Turning Point Brands Inc. (TPB): DOWN 11.5% in July; DOWN 36.5% YTD
- A manufacturer, marketer, and distributor of alternative smoking accessories and consumables with active ingredients through more than 210,000 retail outlets in North America.
Innovative Industrial Properties Inc. (IIPR): DOWN 12.3% in July; DOWN 63.3% YTD
- A real estate investment trust (REIT) engaged in the acquisition, ownership, and management of specialized industrial properties leased to state-licensed operators for their regulated medical-use cannabis facilities.