The Canadian Licensed Producers (LP) component of the munKNEE Pure-Play Pot Stock Index has 9 constituents and they dropped 3%, on average, this week vs. +18% the week before. The details are as follows:

LP Pure-Play Pot Stock Index Performance

The constituent price changes the week ending March 19th were as follows, in descending order with recent noteworthy news:

1. Rubicon (ROMJF) +9.4% to $2.80/share 
   • Entered into an agreement with The Valens Company to provide organic certified extraction services.
2. Valens (VLNCF): +3.0% to $1.73/share 
   • announced that it will be distributing select Verse products to the Medical Cannabis by Shoppers™ platform of Canada's Shoppers Drug Mart chain. 
3. Canopy (CGC): +0.7% to $34.45/share
   • announced that it has raised a US$750 million senior secured term loan and also has the ability to obtain up to an additional US$500 million of incremental senior secured debt pursuant to the Credit Agreement.
4. Cronos (CRON): -1.8% to $10.15/share 
   • no noteworthy news
5. Aphria (APHA): -3.3% to $19.34/share
   • Confirmed that it will host a special shareholder meeting on April 14th to oversee the voting on its proposed merger with Tilray.
6. Hexo (HEXO): -3.5% to $7.23/share
   • Reported its somewhat disappointing financial results for Q2 of FY2021
7. Aurora (ACB): -4.1% to $10.14/share 
   • no noteworthy news
8. Tilray (TLRY): -8.1% to $25.35/share
   • WeissLaw LLP is investigating possible breaches of fiduciary duty and other violations of law byTilray's board of directors in connection with the company's proposed merger with Aphria Inc..
9. Organigram (OGI): -10.1% to $3.99/share
   • As of one week ago the company's stock was up 144% from the end of January on the news that British American Tobacco had bought a 19.9%% stake in the company for C$221M (US$175 million) so this week's 10% decline was seen as a slight adjustment in its rather inflated price.

(For more extensive financial information, charts, news releases and articles, and up-to-the-minute stock prices click on the stock ticker links above. All currency amounts are in U.S. dollars. Go here to convert to another currency.)