Only 25 of approximately 300 actively traded pot stocks fulfill the criteria for inclusion in the equal-weighted munKNEE Pure-Play Pot Stock Portfolio of being pure-play* cannabis companies whose stocks consistently trade for at least US$1/share and the portfolio was UP 8.3% in August.

Below are the major portfolio winners and losers for August (ending Friday, August 28th):

Major Winners

15 participants were UP in price in August of which 10 went UP in excess of 10%, as follows:

1. TerrAscend (TRSSF) +45.3%
2. Trulieve (TCNNF) +41.2%
3. Ayr (AYRSF) +38.1%
4. Cresco (CRLBF) +20.9%
5. Planet 13 (PLNHF) +20.3%
6. Columbia (CCHWF) +17.2%
7. Jushi (JUSHF) +17.2%
8. Rubicon (ROMJF) +16.6%
9. Harvest Health (HRVSF) +15.0%
10. Green Thumb (GTBIF) +13.7%

Major Losers

10 participants were DOWN in price in August of which only 4 did so in excess of 10%, namely:

1. Greenlane (GNLN) -31.1%
2. cbdMD (YCBD) -17.9%
3. Cronos (CRON) -13.4%
4. Tilray (TLRY) -10.4%

The 25 munKNEE Pure-Play Pot Stock Portfolio participants operate in 4 categories based on their primary area of focus in the cannabis industry. The participants within each category are identified below with how each of the participants did, on average, within each category:

1. The Vertically Integrated (i.e. Seed-to-Sale) Category has 21 portfolio participants that grow, process, and sell cannabis and hemp flower and related products and they went UP 9.8%, on average, in August vs. UP 17.5% in July.
   • the 7 Canadian Licensed Producer (LPs) portfolio participants (ACB; APHA; CGC; CRON;   OGI; ROMJF and TLRY) went DOWN 6.1%, on average, in August vs. UP 2.2% in July.
   • the 12 U.S. Multi-State Operator (MSOs) portfolio participants (ACRGF; AYRSF; CCHWF; CRLBF; CURLF; GTBIF;   HRVSF; JUSHF; PLNHF; SHWZ; TCNNF and TRSSF) went UP 23.8%, on average, in August vs. UP 31.8% in July.
   • the 2 hemp seed-to-sale MSO portfolio participants (CWBHF and YCBD) went DOWN 9.6% on average, in August vs. UP 18.5% in July.
2. The Extraction Category has 2 portfolio participants (NEPT and VLNCF) focused on the extraction of cannabis compounds and their infusion into consumer products and they went UP 3.4%, on average, in August vs. DOWN 5.0% in July.
3. The Consumption Devices Category has only 1 portfolio participant (GNLN) focused on developing and selling personal consumption devices for cannabis consumers such as vape pens and inhalers and it went DOWN 31.1% in August vs. DOWN 3.0% in July.
4. The Biotechnology Category has only 1 portfolio participant (AVCNF) which markets new drugs utilizing cannabinoids (CBD) and it went DOWN 8.2% in August vs. DOWN 7.6% in July.

*Please note: The 25 participants in the munKNEE.com 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 so as to reflect the true health of the marijuana industry in the U.S. and Canada. As such, the portfolio excludes the following 12 ancillary "marijuana" companies, often included in industry ETFs and tracking indices, that generate little, if any, of their revenue directly from the cannabis industry:

• pharmaceutical companies hoping to include cannabis in future products, e.g., Cara, Corbus, Zynerba, and XPhyto 
• pharmaceutical companies marketing only one or two products containing cannabis, e.g., GW Pharmaceutical
• tobacco/alcohol companies with part ownership in marijuana companies (read this TalkMarkets article for details),
• packaged goods consumer companies trying to develop marijuana-infused products, e.g., New Age Beverages 
• retailers who also sell some cannabis products e.g. Alcanna
• companies selling hydroponic equipment and marijuana-infused fertilizer, e.g., GrowGeneration and Scotts Miracle-Gro 
• business services/consulting companies to marijuana company clients, e.g., Alkerna
• real estate investment trusts (REITs) engaged in acquiring and leasing back cannabis growing/processing facilities to MSOs, e.g., Innovative Industrial Properties and
• non-marijuana (produce only) greenhouse operators in joint ventures with cannabis companies, e.g. Village Farms