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The munKNEE Conservative "Cannabis" Stock Index consists of the 6 tobacco and beer companies with major investments in the cannabis sector and its constituents are ranked below in descending order as to their performances last week and MTD:

1. Altria Group (MO): up 3.5% last week; down 4.0% MTD 
   • has a 45% stake in Cronos Group (CRON)
   • has a dividend yield of 9.0%
   • has a forward price to earnings (PE) ratio of 8.7
   • has a short interest of 0.8%  
   • Read: This Dividend Giant Is Now Yielding 9.0%: Should You Buy Shares?
2. British American Tobacco (BTI): up 1.5% last week; down 3.9% MTD
   • has a C$221M product development partnership with Organigram Holdings (OGI)
   • has a dividend yield of 8.5%
   • has a forward price to earnings (PE) ratio of 8.1
   • Read: We Like These Underlying Return On Capital Trends At British American Tobacco
3. Constellation Brands (STZ): up 0.9% last week; down 4.3% MTD
   • has a 39% stake in Canopy Growth (CGC)
   • has a dividend yield of 1.4%
   • has a forward price to earnings (PE) ratio of 22.2
   • has a short interest of 1.0%
   • Read: Constellation Brands Dips More Than Broader Markets: What You Should Know
4. Anheuser-Busch InBev (BUD): down 0.2% last week; down 5.4% MTD
   • has a $100 million joint venture with Tilray (TLRY)
   • has a dividend yield of 1.5%
   • has a forward price to earnings (PE) ratio of 18.5
   • Read: Can Bud Light's new NFL ad help save the brand? and 'Make That Brand Great Again': Anheuser-Busch Heir Billy Busch Wants To Buy Bud Light Back
5. Molson Coors Beverage (TAP): down 0.3% last week; down 29.9% MTD
   • has a dividend yield of 2.6%
   • has a forward price to earnings (PE) ratio of 12.7
   • has a short interest of 3.8%
   • Read: Tilray Brands Announces Acquisition of Truss Beverage Co. from Molson Coors
6. Imperial Brands (IMBBY): down 0.4% last week; down 6.0% MTD
   • has a 19.9% stake in Auxly Cannabis Group (CBWTF)
   • has a dividend yield of 7.7%
   • has a trailing price to earnings (PE) ratio of 10.3
   • Read: Imperial Brands' investors will be pleased with their decent 83% return over the last three years

In summary, the munKNEE Conservative "Cannabis" Stocks Index was up 0.7% last week and is now down 5.6% MTD. In addition, the stocks in the Index now have an average dividend yield of 3.0%.

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 was up 0.3% last week and is down 6.3% MTD.

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