Cannabis Central: Check Out These 12 Pot Stocks With Major Momentum

TM editors' note: This article discusses a penny stock and/or microcap. Such stocks are easily manipulated; do your own careful due diligence. 


This article, unlike my usual daily recap of the performance of the 39 stocks that make up the Non-penny Pot Stock Index, concentrates on the performance of the 12 "momentum" stocks within the NPSI.

  • 298 cannabis stocks trade on the various Canadian and American stock exchanges and they, collectively, are DOWN 25.9% YTD, albeit UP 0.3% today (Tuesday).
  • 39 of those 298 (i.e. 13%) are non-penny stocks (i.e. trading actively and consistently above US$1/share) which make up the constituents of the Non-penny Pot Stock Index (NPSI) and they are DOWN 4%, on average, YTD (Source) albeit UP 1.6% today.
  • 12 of those 39 are 'momentum" stocks given that they are UP 24.6% YTD and continue showing positive momentum going UP 2.2% today.

These 12 pot stocks continued their momentum today:

  • outperforming the total cannabis stock universe of 298 stocks by 2.2% to 0.3%
  • outperforming the remaining 27 non-momentum NPSI stocks by 2.2% to 0.6%

Given the above you can understand my concentration on the very few winners in the cannabis stock sector. The details of their performance, in alphabetical order, are as follows:

  1. Abacus (ABAHF) N/C; +10.0% YTD
  2. Akerna (KERN) -2.9%; +26.5% YTD
  3. Columbia (CCHWF) -2.9%; +10.0%YTD
  4. Corbus (CRBP) +6.1%; +26.6% YTD
  5. GW Pharma (GWPH) +2.2%; +16.2% YTD
  6. Greenlane (GNLN) -6.3%; +3.7% YTD
  7. GrowGeneration (GRWG) +0.9%; +60.0% YTD
  8. Innovative Properties (IIPR) +3.0%; +20.2% YTD
  9. Rubicon (ROMJF) N/C; +29.0% YTD
  10. Terrascend (TRSSF) +1.8%; N/C YTD 
  11. Trulieve (TCNNF) +0.2%; +3.9% YTD
  12. XPhyto (XPHYF) +16.6%; +213.3% YTD

Please convey which, if any, of the above stocks you intend to invest in below in the comment section (and, in doing so, you will become automatically entered into TalkMarket's contest to win a free Echo Show).  

Incidentally, to see how the new Non-penny Pot Stock Index (NPSI) has done on a daily basis recently go here, just last week (go here), last month (go here) and YTD (go here). 

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

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