E My "Momentum" Pot Stock Portfolio Is Up 136.5% In 6 Months
TM Editors Note: This article discusses one or more penny stocks and/or microcaps. Such stocks are readily manipulated; do your own careful due diligence.
Back in June I created a personal pot stock portfolio consisting of the 11 best performing "momentum" stocks in the munKNEE Pure-Play Pot Stock Index up until that time, based on the assumption that their out-performance was due to the companies being well managed, well-financed, and executing their respective business plans to a "t". I couldn't be happier with the results. My portfolio is UP 136.5% since then.
The performance of the 11 stocks since the end of June are as follows, in descending order:
- TerrAscend (TRSSF) +359%
- Jushi (JUSHF) +325%
- Planet 13 (PLNHF) +185%
- Trulieve (TCNNF) +167%
- Ayr (AYRSF) 153%
- Green Thumb (GTBIF) +151%
- Columbia (CCHWF) +143%
- Curaleaf (CURLF) +90%
- Cresco (CRLBF) +44%
- Aphria (APHA) +33%
- Canopy (CGC) +17%
To be fair, and to put things in perspective, the re-constituted munKNEE Pure-Play Pot Stock Index, as a whole, is up "only" 83.8% since the end of June compared to the 136.5% for my portfolio of 11 stocks.
*The munKNEE Pure-Play Pot Stock Portfolio consists of only the 29 companies (Acreage has two stocks in the Index), out of a universe of over 200 cannabis stocks that derive 100% of their revenue from the sale of cannabis and consistently trade for at least US$1/share to reflect the true health of the marijuana industry in the U.S. and Canada
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