The Conservative "Cannabis" Stock Index Is Now Up 4% MTD And +11% YTD

The munKNEE Conservative "Cannabis" Stock Index consists of the 6 tobacco and alcoholic beverage companies with major investments in the cannabis sector (see details below). Its constituents are ranked here, in descending order, as to their performances MTD and YTD:

  1. Constellation Brands (STZ): UP 9.5% MTD; UP 16.7% YTD
  2. Imperial Brands (IMBBY): UP 6.5% MTD; DOWN 4.2% YTD
  3. Molson Coors (TAP): UP 6.2% MTD; UP 36.1% YTD
  4. Anheuser-Busch (BUD): UP 3.2% MTD; DOWN 3.2% YTD
  5. British American Tobacco (BTI): UP 2.7% MTD; DOWN 14.6% YTD
  6. Altria Group (MO): UP 0.7% MTD; DOWN 0.4% YTD

In summary, the munKNEE Conservative "Cannabis" Stocks Index is UP 3.9% MTD and is now UP 10.8% YTD. In addition, the stocks in the Index now have an average dividend yield of 2.8%. In comparison, the American Cannabis MSOs Index is DOWN 1.7% MTD and DOWN 21.0% YTD and the Canadian Cannabis LPs Index is DOWN 4.8% MTD and is now DOWN 50.0% YTD.

If you are interested in this category consider the  AdvisorShares VICE ETF (VICE) which invests in "vice" industries which include alcohol and beer (43%), gaming and casinos (29%), tobacco and cannabis (17%), hospitality (6%) and other related business activities (5%) stocks. The ETF is UP 3.0% MTD and is now UP 11.1% YTD. It also has a dividend yield of 0.9%.


More By This Author:

Largest Psychedelic Compound-Based Drug Stocks Up 14% MTD; Now Up 27% YTD
Largest Cannabis LPs Down 5% This Week
Largest Cannabis MSOs Down 8.5% So Far This Week

Disclosure: None

Visit  munKNEE.com and register to receive our free Market Intelligence Report newsletter (sample  more

How did you like this article? Let us know so we can better customize your reading experience.

Comments

Leave a comment to automatically be entered into our contest to win a free Echo Show.
Or Sign in with