E Cannabis Central: Befitting St. Patrick's Day Sector Saw Much More Green Today

Cannabis stocks crashed 11.2%, on average, on Monday but, befitting St. Patrick's Day, the sector's performance turned much more green remaining virtually unchanged today. Below are the 11 pot stocks that advanced in excess of 10% on the day, 5 that declined by +5% or more and the performance of 7 of the larger cap cannabis companies.

The cannabis market consists of 319 publicly-traded companies of which the vast majority trade for less than $1/share (i.e. are penny stocks) and it is acknowledged that even small changes in such prices can have a very large effect on the percentage change. Because of the aforementioned, this post only highlights those stocks that are currently trading above $1/share.

Below are those pot stocks trading above $1/share that increased in price in excess of 10%, those that declined by at least 5% and the performance of 7 of the remaining largest cap stocks, in descending order:  (Source of data)

Best Performers

  1. Avicanna Inc. (AVCN.TO) +23.3%
  2. Corbus Pharmaceuticals (CRBP) +22.4%
  3. Green Thumb (GTBIF) +19.8%
  4. XPhyto Therapeutics (XPHYF) +19.7%
  5. MediPharm Labs (LABS.TO) +17.3%
  6. GW Pharmaceuticals (GWPH) +15.1%
  7. Cara Therapeutics (CARA) +13.6%
  8. Akerna Corp. (KERN) +13.0%
  9. Cronos Group (CRON) +13.0%
  10. Pyxus Int'l (PYX) +12.3%
  11. Medicine Man (MDCL) +11.9%

Worst Performers

  1. HEXO Corp. (HEXO) -33.7%
  2. TerrAscend Corp. (TER.CN) -11.9%
  3. Charlotte's Web (CWEB.TO) -7.0%
  4. Planet 13 (PLTH.CN) -5.5%
  5. Curaleaf Holdings (CURA.CN) -5.2% 

Notable Mentions

  1. Cresco Labs (CL.CN) +4.3%
  2. Innovative Industrial Properties (IIPR) +3.7%
  3. Trulieve Cannabis (TRUL.CN) +3.6%
  4. Aphria Inc. (APHA) +3.0%
  5. Aurora Cannabis (ACB) +2.0%
  6. Canopy Growth (CGC) +1.1%
  7. Tilray Inc. (TLRY) -4.9%

Below is Tuesday's Sector Heat Map (Click on image to enlarge)

Image

For the sake of comparison below is the Heat Map for Monday that appeared in yesterday's exclusive TalkMarkets article. Check it out. (Click on image to enlarge)

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This article may discuss small-, micro- and nano-cap stocks so do your own careful due diligence. Visit   more

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