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For the week ending April 18, 2025, my proprietary Canadian Cannabis Company Index (MCCCI) increased by 1.3%.compared to the prior week when it decreased by 2.9%. This index, comprising fourteen stocks, reflects the performance of the Canadian cannabis sector and primarily focuses on its key players influenced by substantial holdings in the ETFs MJ, CNBS, and THCX. The MCCCI's distinct business model is both weighted and based on market capitalization, as I believe this method best represents the current landscape of the Canadian cannabis sector. Now, let's examine this week’s good, bad, and ugly stocks, shall we?

The Good Stocks

One stock increased by over 10%, which serves as my benchmark for inclusion in this category. Canopy Growth Corporation (CGC) increased by 26.6%. I do not understand the sharp rise in this stock, which has a history of volatility.

The Bad Stocks

No stocks fell by over 10% (but less than 20%), which serves as my benchmark for inclusion in this category.

The Ugly Stocks

No stocks decreased by 20% or more, which serves as my benchmark for inclusion in this category.  

Valuation Metrics Review

The index’s “Big 4” stocks CGC, CRON, TLRY, and TSNDF (three of which increased) were unchanged compared to the prior week, when there was a 5.5% drop.  The stock price-based metric increased by 7.3% compared to the prior week, when it fell by 3.4%. These figures were influenced significantly by the performance of CGC.

Recap

Of the fourteen stocks in the MCCCI, six stocks increased.  Based on the current market conditions, the DEFCON level for the MCCCI remains at 2. Let's see how this volatile sector performs at the same time next week, shall we?

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