The munKNEE.com Pure-Play Pot Stock Index was up 3.5% this past week with 17 of the 25 index constituents going up (9 doing so by +10%), 7 going down (3 by +10%) and 1 having No Change in price. In addition, 2 of the 3 industry categories went up. The winners and losers are as follows.

Index Performance

The Index has companies doing business in a number of different categories and sub-categories based on their primary area of focus in the cannabis industry. These categories are identified below along with those stocks within each category that went up by 10% or more:

1. The Vertically Integrated (i.e. Seed-to-Sale) Category has 22 index constituents that grow, process, and sell cannabis and hemp flower and related products and it was up 3.7%.
   1. The Canadian Licensed Producer (LPs) Category has 7 index constituents and it went up 10.1% with the following constituents within the category going up by +10%, namely: 
      1. Tilray (TLRY) +21.0%,
      2. Aurora (ACB) +16.4% (-20.1% the previous week) and
      3. Canopy (CGC) +11.3%. 
   2. the U.S. Multi-State Operator (MSOs) Category has 13 index constituents and it went up 1.2%, with the following constituents within the category changing prices by +10%, namely, 
      1. Acreage (ACRHF) +13.0% (floating shares),
      2. Trulieve (TCNNF) +10.6%,
      3. Curaleaf (CURLF) +10.5%,
      4. Acreage (ACRDF) +10.3% (fixed shares) and
      5. Jushi (JUSHF) -11.8% (+17.2% the previous week).
   3. The hemp seed-to-sale MSO sub-category has two index constituents and it went down 1.8% with the following constituent within the category changing price by +10%, namely, 
      1. cbdMD (YCBD) +12.5% (+10.0% the previous week and +25.6% the week before that).
2. The Extraction Category has two index constituents focused on the extraction of cannabis compounds and their infusion into consumer products and it went down 12.1% with the following constituents within the category changing prices by +10%, namely, 
   1. Neptune (NEPT) -13.1% and
   2. Valens (VLNCF) -10.4%.
3. The Consumption Devices Category has only one index constituent (Greenlane (GNLN) focused on developing and selling personal consumption devices for cannabis consumers, such as vape pens and inhalers, and it went up 14.7%.

*Please note: The 25 pure-play stocks in the munKNEE.com Pure-Play Pot Stock Index are just that, pure, deriving 100% of their revenue from the sale of recreational and medicinal cannabis and consumption-related products and, as such, the Index reflects the true health of the marijuana industry in the U.S. and Canada. In addition, the Index only includes those pure-play cannabis stocks that consistently trade for more than US$1/share.