When we think of the cannabis stock sector we think of a bunch of losers but this article identifies 10 hidden gems that have actually advanced YTD.

The 10 stocks in question are part of the basket of 25 constituents in munKNEE.com's pure-play, equal-weighted Non-penny Pot Stock Index (NPSI) and are UP 23% YTD, on average, compared to the other 15 constituents in the index which are DOWN 22%, on average, YTD.

The 10 winners YTD are as follows, in descending order:

1. Rubicon (ROMJF) +41.4%
2. Planet 13 (PLNHF) +29.6%
3. TerrAscend (TRSSF) +27.9%
4. Trulieve (TCNNF) +26.1%
5. Green Thumb (GTBIF) +25.0%
6. cbdMD (YCBD) +21.7%
7. Curaleaf (CURLF) +18.2%
8. Jushi (JUSHF) +15.9%
9. Columbia (CCHWF) +12.9%
10. Neptune (NEPT) +8.4%

The fact that these stocks are up YTD suggests that the companies are well managed, well-financed, and executing their respective business plans in such a manner as to have the confidence of serious marijuana stock investors and, as such, they deserve your attention.

Interestingly, 8 of the 10 top performers YTD are in the American Multi-State Operators (MSOs) Category; 1 (Rubicon) is in the Vertically Integrated (Seed-to-Sale) Category of Canadian Licensed Producers (LPs) and 1 (Neptune) is in the Extraction Processor/Marketer Category.

The 10 stocks have performed more or less in tandem since the beginning of 2020 as exemplified by the following chart of Green Thumb: 

(Click on image to enlarge)

I look forward to receiving your views or questions regarding the above article in the Comment section below.