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munKNEE.com has put together a basket of 6 vertically integrated American multi-state operator (MSO) cannabis stocks and 3 Canadian licensed producer (LP) cannabis stocks along with 5 non-cannabis-related constituents in a "Rags-to-Riches" Portfolio (see here) of 14 constituents with an average market capitalization of $1,295M and a basket of 5 MSOs and 2 LPs along with 3 non-cannabis-related constituents in a Potential "Multi-bagger" Portfolio (see here) of 10 constituents with an average market capitalization of $189M.

Alan Brochstein, founder of NewCannabisVentures.com, has put together a basket of 15 constituents in a portfolio called the "Beat the Global Cannabis Stock Index" Portfolio consisting of 7 MSOs, 3 LPs, and 5 suppliers of ancillary goods and services to the cannabis sector, namely, Ascend (AAWH); Ayr (AYRWF); Columbia Care (CCHWF); Cronos (CRON); Lowell Farms (LOWLF); OrganiGram (OGI); Planet 13 (PLNHF); TerrAscend (TRSSF); Village Farms (VFF), Verano (VRNOF), CEA Industries (CEAD), Greenlane (GNLN), Hydrofarm (HYFM), WM Technology (MAPS) and TILT (TTLTF) with an average market capitalization of $327M.

In addition, Cantor Fitzgerald has put together a basket of  9 constituents in a portfolio called the "Best Cannabis Stocks of 2023" consisting of 5 MSOs, 3 LPs, and one (1) ancillary stock with an average market capitalization of $1,039M, namely: Cresco Labs (CRLBF), Curaleaf (CURLF), Green Thumb (GTBIF), Trulieve (TCNNF), Clever Leaves (CLVR) and WM Technology (MAPS).

The above 4 portfolios are not comparable as things now stand so, for that purpose only, I have:

• removed the non-cannabis stocks from the "Rags-to-Riches" Portfolio and named it the "Just Cannabis Rags-to-Riches" Portfolio consisting of 6 MSOs and 3 LPs, namely: Cresco (CRLBF), Curaleaf (CURLF), Green Thumb (GTBIF), TerrAscend (TRSSF), Trulieve (TCNNF), Verano (VRNOF), Canopy Growth (CGC), Cronos (CRON) and Tilray (TLRY), with an average market capitalization of $1,622M.
• removed the non-cannabis stocks from the "Multi-bagger" Portfolio and named it the "Just Cannabis Multi-bagger" Portfolio consisting 5 MSOs and 2 LPs, namely: Acreage (ACRDF/ACRHF), Ascend (AAWH), Ayr (AYR), Jushi (JUSHF) and Planet 13 (PLNHF), with an average market capitalization of $196M.

None of the above portfolios are tradable but if that is what you want consider one of the following 3 cannabis ETFs.

• Amplify Seymour Cannabis ETF (CNBS): -1.5% last week; +1.6% YTD
  • 22% are Canadian LPs, 78% are American MSOs
• Roundhill Cannabis ETF (WEED): -7.6% last week; -13.0% YTD
  • 20% are Canadian LPs, 80% are American MSOs
• Global X Cannabis ETF (POTX): +3.7% last week; +11.1% YTD
  • 69% are Canadian LPs, 31% are American MSOs

In summary, below is a comparison of how the 7 portfolios have performed YTD, in descending order, and last week:

1. The "Just Cannabis Multi-bagger" Portfolio: +14.1% YTD; -0.6% last week
2. Global X Cannabis ETF (POTX): +11.1% YTD; +3.7% last week
3. The "Beat the Global Cannabis Stock Index" Portfolio: +4.6% YTD; -4.8% last week
4. Amplify Seymour Cannabis ETF (CNBS): +1.6% YTD; -1.5% last week
5. The "Just Cannabis Rags-to-Riches" Portfolio:  -3.1% YTD; -3.5% last week
6. The "Best Cannabis Stocks of 2023" Portfolio:  -6.8% YTD; -6.8% last week
7. Roundhill Cannabis ETF (WEED): -13.0% YTD; -7.6% last week

More By This Author:

The "Rags-To-Riches" Portfolio Update: Week Ending January 27
The "Multi-Bagger" Portfolio Update: Week Ending January 27
Summary Of Cannabis Category Performances, Week Ending Friday Jan. 27