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The 5 categories in the cannabis sector perform quite differently week to week and last week was no exception with only two (2) categories advancing. Below is a summary of how each category performed last week, in descending order, in the last 3 weeks and since the end of September (i.e. 7 weeks):

1. The American Cannabis MSOs Index was:
   • UP 2.6% last week,
   • UP 12.4% in the last 3 weeks and
   • UP 37.3% in the last 7 weeks
   • 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 American MSO Stocks Index Up Considerably - Is The Bottom Finally In? which details the performance of each of the constituents last week and since the end of October.
2. The Conservative Pot Stocks Index was:
   • UP 1.1% last week,
   • UP 1.3% in the last 3 weeks and
   • UP 11.3% in the last 7 weeks
   • 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 1.05% for Anheuser Busch to 8.12% for Altria and average out at 2.95%.
3. The Ancillary Pot Stock Index was:
   • DOWN 3.3% last week,
   • DOWN 8.0% in the last 3 weeks and
   • UP 23.8% in the last 7 weeks
   • 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.
4. The Canadian Cannabis LPs Index was:
   • DOWN 5.1% last week,
   • UP 9.4% in the last 3 weeks and
   • UP 27.3% in the last 7 weeks
   • 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 Major Canadian Cannabis LP Stocks' Financial Metrics: A Comparison that details the performance of each of the constituents over the past 3 weeks.
5. The Pure-Play Psychedelic Compounds-Based Stocks Index was:
   • DOWN 5.8% last week,
   • DOWN 6.0% in the last 3 weeks and
   • DOWN 9.8% in the last 7 weeks
   • 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.
   • Read Psychedelic Drug Stocks Index Continued To Decline Last Week that details the performance of each of the constituents last week and since the beginning of the month.

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

• +2.6% to -5.8% last week, and are now
• +12.4% to -8.0% in the past 3 weeks and
• +37.3% to -9.8% in the past 7 weeks.

More By This Author:

American MSO Stocks Index Up Considerably - Is The Bottom Finally In?
Major Canadian Cannabis LP Stocks' Financial Metrics: A Comparison
Psychedelic Drug Stocks Index Continued To Decline Last Week