So far this week the equal-weighted, pure-play Non-penny Pot Stock Index (NPSI) is UP 2% with 13 of the 25 constituents advancing, 11 declining, and 1 unchanged in price. In addition, 2 of the 3 related sector categories have advanced as well. The details are as follows.

The pot stock universe has 400+ cannabis-related securities listed on the various Canadian and American stock exchanges of which approx. 300 actively trade. Of those 300 stocks (i.e. 8%), however, only 25 are true marijuana stocks that trade for at least US$1/share and, as such, are included in the NPSI.

Below are the price changes for the constituents that have either advanced or declined by 5% so far this week (i.e. as of the end of the trading day on Tuesday:

Biggest Winners

• 6 constituents are UP in excess of 5%, namely:
  1. Planet 13 (PLNHF) +14.6%
  2. Village Farms (VFF) +14.1%
  3. Green Thumb (GTBIF) +10.2%
  4. Curaleaf (CURLF) +5.9%
  5. Cresco (CRLBF) +5.2%
  6. Neptune (NEPT) +5.1%
• 7 constituents are UP so far this week by less than 5%.

Losers

• Only 2 constituents are DOWN by 5% or more so far this week, namely:
  1. Organigram (OGI) -11.5% 
     • as a result of today's dismal Q3 financial report 
  2. Charlotte's Web (CWBHF) -5.3%
• Valens (VLNCF) has had no change in price
• 9 constituents are DOWN by less than 5% so far this week.

Further details regarding the equal-weighted index are as follows:

• 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 92% 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 of the 25 constituents in the NPSI is US$962.8M, on average.
• The constituents operate in 3 categories based on their primary area of focus and they are identified below within each applicable category:
  1. The Vertically Integrated (i.e. Seed-to-Sale) Category consists of 22 companies that grow, process, and sell cannabis and hemp flower and related products of which:
     • 8 constituents are Canadian Licensed Producers (LPs), namely: ACB; APHA; CGC; CRON; OGI;   ROMJF; TLRY and VFF
       • and they advanced 0.1%, on average, so far this week.
     • 11 constituents are American Multi-State Operators (MSOs), namely: ACRGF; AYRSF; CCHWF; CRLBF;  CURLF; GTBIF; JUSHF; PLNHF; SHWZ; TRSSF and TCNNF
       • and they have  advanced 4.7%, on average, this so far this week.
     • 3 constituents are only involved in the seed-to-sale of CBD from hemp, namely: AVCNF; CWBHF and  YCBD
       • and they have declined 3.2%, on average, so far this week.
  2. The Extraction Category consists of companies focused on the extraction of cannabis compounds and their infusion into consumer products of which:
     • 2 are NPSI constituents, namely: NEPT and VLNCF
       • and they have advanced by 3.3%, on average, so far this week.
  3. The Consumption Devices Category consists of  companies focused on developing and selling personal consumption devices for cannabis consumers such as vape pens and inhalers.
     • 1 constituent is in this category, namely, GNLN
       • and it has declined 2.7% so far this week.

You have shown a serious interest in the cannabis sector by reading this article to the very end so don't stop here. Check out the following exclusive articles posted recently on TalkMarkets for more information on the marijuana market that is not to be found anywhere else, namely: "Marijuana" ETFs: A Troubling Expose and Cannabis Central: Most Pot Stocks Are Losers YTD But These 6 Are Winners.

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