The 6 tobacco and beer companies with major investments in the cannabis sector, components of the  munKNEE Conservative "Cannabis" Stock Index, are ranked below in descending order as to their performances last week as well as their performances in September and YTD:

1. Molson Coors Beverage (TAP): up 0.3% last week; up 0.2% in September; up 23.8% YTD
   • has a dividend yield of 2.6%
   • has a forward price-to-earnings (PE) ratio of 13.9
   • has a forward price-to-sales* ratio (PSR) of 1.2
   • has a short interest** of 3.6%
2. Anheuser-Busch InBev (BUD): down 0.2% last week; down 1,0% in September; down 6.1% YTD
   • 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 20.8
   • has a forward price-to-sales ratio (PSR) of 1.8
   • has a short interest of 0%
3. Altria Group (MO): down 0.7% last week; down 4.9% in September; down 7.8% YTD 
   • has a 45% stake in Cronos Group (CRON)
   • has a dividend yield of 9.3%
   • has a forward price-to-earnings (PE) ratio of 9.1
   • has a forward price-to-sales ratio* (PSR) of 3.6
   • has a short interest of 0.8%  
4. Constellation Brands (STZ): down 1.8% last week; down 3.5% in September; up 8.9% YTD
   • has a 39% stake in Canopy Growth (CGC)
   • has a dividend yield of 1.4%
   • has a forward price-to-earnings (PE) ratio of 26.6
   • has a forward price-to-sales ratio (PSR) of 4.6
   • has a short interest of 0.8%
5. Imperial Brands (IMBBY): down 4.7% last week; down 11.2% in September; down 17.9% YTD
   • has a 19.9% stake in Auxly Cannabis Group (CBWTF)
   • has a dividend yield of 8.5%
   • has a trailing price-to-earnings (PE) ratio of 10.3
   • has a forward price-to-sales ratio (PSR) of 1.7
   • has a short interest of 0%
6. British American Tobacco (BTI): down 5.7% last week; down 5.4% in September; down 21.3% YTD
   • has a C$221M product development partnership with Organigram Holdings (OGI)
   • has a dividend yield of 9.0%
   • has a forward price-to-earnings (PE) ratio of 9.4
   • has a forward price-to-sales ratio (PSR) of 1.6
   • has a short interest of 0%

*The Price-to-Sales ratio (PSR) describes how much someone must pay to buy one share of a company relative to how much that share generates in revenue for the company. and, as such, determines whether its stock is cheap or overpriced in comparison to its peers. While the ideal ratio depends on the company and industry, the ratio is typically good when the value falls between one (1)  and two (2) and a ratio of less than one (1`) is even better.

**A high short interest signals that investors have become more bearish and may be getting ready to sell and, as such, that it may be time to liquidate a long position.

In summary, the munKNEE Conservative "Cannabis" Stocks Index was down 1.9% last week, down 3.6% in September and is now only up 2.5% YTD. In addition, the stocks in the Index now have an average dividend yield of 3.1%.

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 down 1.2% last week, down 7.8% in September and is now down 3.7% YTD.

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