The munKNEE.com Pure-Play* Pot Stock Index of the 25 pure-play cannabis stocks that trade for more than US$1/share went DOWN 1.6% after having gone UP 2.7% on Monday. 16 constituents went DOWN compared to 14 going UP on Monday. Details are as follows:

Tuesday's Index Performance

• 8 constituents went UP but none did so in excess of 5%.
• 1 constituent had No Change in price.
• 16 stocks went DOWN but only 2 did so by 5% or more, namely:
  1. Tilray (TLRY) -9.3% following a +12.0% gain on Monday
  2. Acreage (ACRHF) -7.0%

The 25 munKNEE Pure-Play* Pot Stock Index includes companies doing business in 3 different categories based on their primary area of focus in the cannabis industry. The categories are identified below with how they performed given the performance of the stocks in the index that make up each category:

1. The Vertically Integrated (i.e. Seed-to-Sale) Category has 22 index constituents that grow, process, and sell cannabis and hemp flower and related products and it was DOWN 1.8% (UP 2.8% on Monday).
   • the 7 Canadian Licensed Producer (LPs) index constituents  (ACB; APHA; CGC; CRON; OGI; ROMJF and TLRY) went DOWN 4.3%, on average (UP 6.8%, on average, on Monday)
   • the 13 U.S. Multi-State Operator (MSOs) index constituents  (ACRDF; ACRHF; AYRSF; CCHWF; CRLBF; CURLF; GTBIF; HRVSF; JUSHF; PLNHF; SHWZ; TCNNF and TRSSF) went DOWN 0.5%, on average (UP 1.0%, on average, on Monday.
   • the 2 hemp seed-to-sale MSO index constituents (CWBHF  and YCBD) went DOWN 2.1%. (There was No Change in price on Monday.
2. The Extraction Category has 2 index constituents (NEPT and VLNCF) focused on the extraction of cannabis compounds and their infusion into consumer products and they went UP 3.0% on the heels of a 2.8% increase on Monday.
3. The Consumption Devices Category has only 1 index constituent (GNLN) focused on developing and selling personal consumption devices for cannabis consumers such as vape pens and inhalers and it went DOWN 2.6% on top of a 2.5% decline on Monday.

Index Adjustment Effective Oct 1, 2020:

• Avicanna was removed as it no longer was trading consistently above US$1/share.
• The exclusion of Avicanna necessitated the removal of the Biotech Category.
• Acreage Holdings replaced its original stock listing (ACRGF) with a "Fixed" symbol (ACRDF) and a "Floating" symbol (ACRHF).

*Please note: The 25 pure-play stocks in the munKNEE Pure-Play Pot Stock Portfolio are just that, pure, deriving 100% of their revenue from the sale of recreational and medicinal cannabis and consumption-related products and, as such, it reflects the true health of the marijuana industry in the U.S. and Canada.