Image Source: Unsplash

The 5 categories in the cannabis sector perform quite differently week-to-week and last week was no exception. Below is a summary of each category's  performance last week, in descending order, since the beginning of December (i.e. 3 weeks) and YTD:

1. The Conservative Pot Stocks Index was:
   • UP 0.5% last week,
   • DOWN 7.3% in the last 3 weeks,
   • DOWN 1.7% YTD (UP 1.17% including dividends)
   • The Index consists of 6 tobacco, beer, and liquor companies that have invested heavily in the cannabis industry, namely, Altria Group (MO); Anheuser-Busch  (BUD); British American Tobacco (BTI); Constellation Brands (STZ);  Imperial Brands (IMBBY) and Molson Coors Brewing Company (TAP) and they all pay dividends with yields ranging from just 0.89% for Anheuser Busch to 8.05% for Altria and average out at 2.87%.
2. The Ancillary Pot Stock Index was:
   • DOWN 4.9% last week,
   • DOWN 14.2% in the last 3 weeks,
   • DOWN 63.3% YTD
   • The Index consists of the 7 largest companies providing goods and services to the cannabis sector, namely, AFC Gamma  (AFCG); Forian (FORA);  Hydrofarm (HYFM); GrowGeneration (GRWG); Innovative Industrial Properties (IIPR);  Scotts Miracle-Gro Company (SMG) and Turning Point Brands (TPB) which trade for at least US$3/share on the Canadian and/or American stock exchanges and have a market cap of at least US$100M.
3. The Psychedelic Drug Stocks Index was:
   • DOWN 7.6% last week,
   • DOWN 21.7% in the last 3 weeks,
   • DOWN 57.9% YTD
   • The Index consists of 6 psychedelic compound-based and marijuana (THC) drug companies in the clinical stages of research and development of treatments for a wide variety of mental illnesses, namely, Cybin (CYBN); Atai (ATAI); Seelos (SEEL), Compass Pathway (CMPS); Mind Medicine (MNMD) and GH Resources (GHRS) which trade on the Canadian and/or American stock exchanges and have market caps of at least US$50M.
4. The Canadian Cannabis LPs Index was:
   • DOWN 12.3% last week,
   • DOWN 37.2% in the last 3 weeks,
   • DOWN 65.1% YTD
   • The Index consists of the 5 largest Canadian Licensed Producers, namely: Aurora (ACB); Canopy Growth (CGC); Cronos (CRON); Organigram (OGI), and Tilray (TLRY) which trade for at least US$1/share on the Canadian and/or American stock exchanges and have a market cap in excess of US$250M.
   • Read: Largest Cannabis MSO Stocks -17% This Week
5. The American Cannabis MSOs Index was:
   • DOWN 17.4% last week,
   • DOWN 37.2% in the last 3 weeks,
   • DOWN 65.1% YTD
   • The Index consists of the 12 largest American Multi-State Operators, namely, Acreage (ACRDF/ACRHF); Ascend Wellness (AAWH); Ayr Wellness (AYRWF); Columbia Care (CCHWF); Cresco (CRLBF); Curaleaf (CURLF); Green Thumb (GTBIF);  Jushi (JUSHF); Planet 13 (PLNHF); TerrAscend (TRSSF); Trulieve (TCNNF) and Verano  (VRNOF) which trade for at least US$1/share on the Canadian and/or American stock exchanges and have a market cap of at least US$200M.
   • Read: Largest Cannabis MSO Stocks -17% This Week

In summary, the 5 cannabis/cannabis-related company stock category performances ranged, depending on the category, from:

• +0.5% to -17.4% last week,
• -7.3% to -46.7% in the past 3 weeks and
• +1.2% (dividends included) to -71.6% YTD

More By This Author:

Largest Psychedelic Stocks -7.6% This Week; Now -21.7% This Month
Largest Plant-Based Food Stock Collapse Continues: DOWN 8% This Week
Major Canadian Cannabis LP Stocks Down 12% More This Week