E Cannabis Central: Pot Stock Index Up 7.6% Last Week Of July

Our munKNEE.com's Pot Stock Index (PSI) was up an exceptional 7.6% this past week compared to a 1% decline the previous week and just a 2.6% increase the week before that. The details are as follows:

The pot stock universe has 400+ cannabis-related securities listed on the various Canadian and American stock exchanges of which approx. 300 actively trade. Of those 300 only 25 (that's just 8% of the total) fulfill the criteria for inclusion in the Pot Stock Index of being pure-play* cannabis companies (i.e derive 100% of their revenue from the sale of cannabis or cannabis-related products) whose stocks consistently trade for at least US$1/share.

Below are the major winners and losers for the week ending July 31st.

Major Winners

Three constituents went UP in excess of 20%, namely:

  1. Greenlane (GNLN) +25.0%
  2. Columbia (CCHWF) +20.3%
  3. cbdMD (YCBD) +20.0%

Nine constituents went UP between 10% and 19.9%, namely:

  1. Acreage (ACRGF) +19.9%
  2. TerrAscend (TRSSF) +14.3%
  3. AYR (AYRSF) +13.2%
  4. Curaleaf (CURLF) +13.1%
  5. Jushi (JUSHF) +12.5%
  6. Cresco (CRLBF) +10.9%
  7. Planet 13 (PLNHF) +10.6%
  8. Canopy (CGC) +10.3%
  9. Green Thumb (GTBIF) +10.0%

Another 6 constituents had prices increases of less than 10% for the week.

Major Losers

No constituents went DOWN by 10%, or more.

Six went down at least 5%, namely:

  1. Medicine Man (SHWZ) -9.6%
  2. Organigram (OGI) -8.2%
  3. Neptune (NEPT) -6.4%
  4. Aphria (APHA) -6.1%
  5. Charlotte's Web (CWBHF) -5.4%
  6. Avicanna (AVCNF) -5.2%

Two other constituents had price declines of less than 5% for the week.

Further details regarding the equal-weighted pure-play index are as follows:

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