E Cannabis Central: Carnage Continued On Wednesday (-6.2%) With Only 3 Stocks Advancing

The total cannabis sector of 319 stocks declined 6.2% on Wednesday with only 3 of the 37 stocks that trade above $1/share advancing (i.e. non-penny), 32 stocks declining and 2 remaining unchanged in value.

Today's article identifies the 3 non-penny stocks that increased, the 13 that declined in excess of 10% (another 13 declined between 5% and 10%) and 10 of the remaining stocks that warrant mentioning. (Source  of data)

The Winners 

  1. Akerna (KERN) +5.9%
  2. Columbia (CCHW, CCHWF) +2.4%
  3. Ayr Strategies (AYRSF) +1.1%

The Biggest Losers

  1. New Age (NBEV) -15.1%
  2. Tilray (TLRY) -14.2%
  3. Acreage (ACRGF) -13.8%
  4. Neptune (NEPT) -12.9%
  5. Alcanna (LQSIF) -12.2%
  6. GrowGeneration (GRWG) -11.8%
  7. Harvest Health (HRVSF) -11.5%
  8. Cresco (CRLBF) -11.4%
  9. Curaleaf (CURLF) -11.0%
  10. Zynerba (ZYNE) -11.0%
  11. Pyxus (PYX) -10.3%
  12. Village Farms (VFF) -10.2%
  13. Greenlane (GNLN) -10.2%

Notable Mentions

  1. Hexo (HEXO) -13.9%
  2. OrganiGram (OGI) -9.5%
  3. Innovative Properties (IIPR) -9.1%
  4. Corbus (CRBP) -8.6%
  5. Aurora (ACB) -7.9%
  6. Cronos (CRON) -7.6%
  7. MediPharm (LABS) -7.6%
  8. Aphria (APHA) -6.3%
  9. Charlotte's Web (CWBHF) -6.2%
  10. Canopy Growth (CGC) -6.0%

For the record, as of today, only 2 pot stocks trade above $20/share, 3 trade between $10 and $20/share and the remaining 32 trade above $1/share at an average price of $3.42.

A picture is worth a thousand words. Below is Wednesday's pot stock sector heat map. (Click on image to enlarge)

Image

To see how the above stocks, and the others that make up the balance of non-penny pot stocks have done on a daily basis over the last 2 weeks, visit my previous articles here.

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

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