E Cannabis Central: Non-Penny Pot Stocks Up Dramatically As Of July 10

The market capitalization makeup of the NPSI (calculated by multiplying the number of a company's shares outstanding by its stock price per share) consists of:

  • Large-Cap (+US$10B): 0
  • Mid-Cap (US$2B to US$10B): 4
  • Small-Cap (US$300M to US$2B): 9
  • Micro-Cap (US$50M to US$300M): 11
  • Nano-Cap (<US$50M): 1

and averages US$962.8M for all 25 constituents.

In addition, the constituents operate in 3 categories based on their primary area of focus in the cannabis industry and the constituents within each category are identified below with how each of the categories did last week:

  1. The Vertically Integrated (i.e. Seed-to-Sale) Category consists of 22 companies that grow, process, and sell cannabis and hemp flower and related products and it advanced 6.8% during the week.
  2. The Extraction Category consists of companies focused on the extraction of cannabis compounds and their infusion into consumer products and it was unchanged for the week.
    • the 2 constituents in this category are NEPT and VLNCF
  3. The Consumption Devices Category consists of companies focused on developing and selling personal consumption devices for cannabis consumers such as vape pens and inhalers and it declined 6.0% during the week.
    • the 1 constituent in this category is GNLN
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