Cannabis Central: Sector Increased By 2.3% On Tuesday

The total cannabis sector of 319 stocks increased 2.3% on Tuesday compared to the new Non-penny Pot Stock Index (NPSI) which advanced 1.6%. 18 of the 34 constituent stocks in the NPSI went up, 4 remained unchanged in value and the remaining 12 went down in price. The details are as follows: 

The 10 Cannabis Stocks That Increased More Than 2.5% 

  1. Rubicon Organics (ROMJF) +20.5%
  2. Planet 13 (PLNHF) +7.5%
  3. Tilray (TLRY) +6.9%
  4. GW Pharma (GWPH) +5.9%
  5. Medicine Man (MDCL) +5.4%
  6. Valens (VLNCF) +5.1%
  7. Ayr (AYRSF) +3.7%
  8. Akerna (KERN) +3.3%
  9. Neptune (NEPT) +2.7%
  10. Village Farms (VFF) +2.6%

The 4 Cannabis Stocks That Declined More Than 2.5% 

  • Pyxus (PYX) -13.5% 
  • New Age (NBEV) -4.3%
  • Zynerba (ZYNE) -3.9%
  • Cronos (CRON) -2.6%

4 Notable Mentions

  • Aphria (APHA) +1.3%
  • Canopy Growth (CGC) +1.1%
  • Hexo (HEXO) +/-0%
  • Aurora (ACB) +/-0%

For the record, as of today:

  • 2 pot stocks trade above US$20/share,
  • 2 trade between US$10 and US$20/share,
  • 7 trade between US$5 and US$10/share and
  • 23 trade between US$1 and US$5/share.

In addition, 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): 11
  • Micro-Cap (US$50M to US$300M): 15
  • Nano-Cap (Less than US$50M): 5

To see how the above stocks, and the others that make up the balance of the new Non-penny Pot Stock Index (NPSI), have done on a daily basis over the last 3 weeks, visit my previous articles here.

This article may discuss small-, micro- and nano-cap stocks so do your own careful due diligence. Visit   more

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