Cannabis Central: Pot Stock Index Up 4.8% Last Week; Cultivation/Retail Category Up 10.8%

The NPSI tracks the 38 cannabis stocks that trade for US$1/share or more (i.e. 13% of the universe of 298 companies) and the performance of the index's constituents are presented below as well as that of the sector's 9 categories to allow for performance comparisons:

11 Non-penny Cannabis Stocks Advanced More Than 5%

  • 3 stock went UP in excess of 20% 
    1. Aurora (ACB) +39.0%
    2. Curaleaf (CURLF) +31.6%
    3. Green Thumb (GTBIF) +29.0% 
  • 6 stocks went UP between 10% and 19.9%
    1. Trulieve (TCNNF) +18.3%
    2. Cresco (CRLBF) +14.2%
    3. Neptune (NEPT) +13.3%
    4. GrowGeneration (GRWG) +11.2%
    5. Harvest Health (HRVSF) +11.2%
    6. AYR Strategies (AYRSF) +8.0%
  • 2 stocks went UP between 5% and 9.9%
    1. GW Pharma (GWPH) +7.0%
    2. Cara (CARA) +6.1%

8  stocks went UP less than 5% and 6 had No Change in price

4 Non-penny Cannabis Stocks Declined More Than 10%

  1. New Age (NBEV) -21.0%
  2. Greenlane (GNLN) -12.1%
  3. MediPharm (MEDIF) -10.7%
  4. Rubicon (ROMJF) -10.3%

5 Non-Penny Cannabis Stocks Declined between 5% and 9.9%

  1. Village Farms (VFF) -8.2%
  2. Avicanna (AVCNF) -7.9%
  3. Akerna (KERN) -7.5%
  4. Alcanna (LQSIF) -6.6%
  5. Pyxus (PYX) -5.5%

4 Stocks went DOWN less than 5%

Constituent Performance By Industry Category

  1. Cultivation & Retail Category:
  2. Biotechnology Category:
    • This category consists of pharmaceutical companies focused on R&D of new drugs and products utilizing cannabinoids.
    • There are 7 NPSI constituents within this category (ABAHF; AVCNF; CARACRBP; GWPH; XPHYFZYNE) and they went UP 6.2%, on average.
  3. Marijuana-Infused Products Category:
    • This category consists of companies focused on developing and selling marijuana-infused products and companies focused on the extraction of cannabis compounds and their infusion into consumer products.
    • There are 3 NPSI constituents within this category (CRLBF;NEPT; NBEV) and they went UP 6.2%, on average.
  4. Consumption Devices Category:
    • This category consists of companies focused on developing and selling personal consumption devices for cannabis consumers such as vape pens and inhalers.
    • There are 3 NPSI constituents within this category (AYRSFGNLNPYX) and they went DOWN 0.4%, on average.
  5. Agricultural Technology Category:
    • This category consists of companies focused on providing automated growing systems, greenhouses, farming products, nutrients, hydroponics, fertilization systems, horticultural expertise, LED/lighting technologies, air filtration systems, and climate control and energy efficiency systems.
    • There are 2 NPSI constituents within this category (GRWGVFF) and they went UP 3.2%, on average.
  6. Real Estate Category:
    • This category consists of investment companies and REITs that develop, own, and/or lease commercial real estate properties to licensed cannabis operators.
    • There is only 1 NPSI constituent within this category (IIPR) and it went DOWN 2.0%.
  7. Business Services/Consulting Category:
    • This category consists of companies that provide professional services such as branding, packaging, bottling, compliance, physical security, transportation, lab testing, distribution, and insurance. consulting and other business services directly to marijuana cultivators and retailers.
    • There is only 1 NPSI constituent in this category (SHWZ) and it went UP 4.3%.
  8. Technology & Media Category:
    • This category covers companies that provide delivery services, enterprise software, e-commerce platforms, communication and mapping services, and trading platforms and companies that provide marijuana-related media including news, content, social networks, games, and entertainment.
    • There is only 1 NPSI constituent in this category (KERN) and it went DOWN 7.5%.
  9. Hemp Products Category:
    • This category consists of companies that produce and sell hemp products.
    • There is only 1 NPSI constituent in this category (CWBHF) and it went UP 2.1%.

In summary, 6 categories went UP and 3 categories went DOWN in price.

Further details regarding the constituents of the new NPSI are as follows:

  • 2 trade above US$20/share,
  • 4 trade between US$10 and US$20/share,
  • 8 trade between US$5 and US$10/share and
  • 24 trade between US$1 and US$5/share. (The official definition of a "penny" stock is one that trades below US$5/share but, when it comes to pot stocks, that is where 88% of the total universe trades, so the more literal definition of stocks that trade for less than US$1/share is used.)

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

  • Large-Cap (+US$10B): 0
  • Mid-Cap (US$2B to US$10B): 3
  • Small-Cap (US$300M to US$2B): 13
  • Micro-Cap (US$50M to US$300M): 18
  • Nano-Cap (Less than US$50M): 4

To see how the new Non-penny Pot Stock Index (NPSI) has done on a daily and weekly basis for the past few months, visit my daily updates here.

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

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Lorimer Wilson 5 years ago Contributor's comment

Thanks for reading this article. You are now one of the most informed potential pot stock investors anywhere. That being said, what more information would you like to know about the cannabis industry? Also, if you have any constructive criticism of the article please let me know. Thanks.