Cannabis Central: Sector Declined 11.4% Last Week; Only These 5 Advanced

Only 32 pot stocks, out of a universe of 319, ended this past week trading above US$1/share and those 32 stocks declined -10.8%, on average, (compared to -6.2% during the previous week) which was only marginally less than the -11.4%, on average, for the sector as a whole. The details are as follows:

5 Pot Stocks Advanced in Price

  1. Trulieve (TCNNF) +4.8%
  2. Columbia (CCHWF) +3.4%
  3. XPhyto (XPHYF) +2.9%
  4. Alcanna (LQSIF) +2.9%
  5. Cara (CARA) +1.7%

1 Stock Remained Unchanged: Akerna (KERN) +/-0%

The 8 Largest Decliners (-20% to -40%)

  1. Tilray (TLRY) -39.1%
  2. Acreage (ACRGF) -35.0%
  3. Village Farms (VFF) -28.5%
  4. Greenlane (GNLN) -27.8%
  5. GrowGeneration (GRWG) -26.4%
  6. New Age (NBEV) -24.5%
  7. OrganiGram (OGI) -22.9%
  8. MediPharm (MEDIF) -22.0%

The Next 10 Biggest Decliners (-10% to -20%)

  1. Innovative Properties (IIPR) -16.5%
  2. Curaleaf (CURLF) -14.6%
  3. Aphria (APHA) -14.3%
  4. Medicine Man (MDCL) -13.8%
  5. Zynerba (ZYNE) -13.1%
  6. FSD Pharma (HUGE) -12.6%
  7. Cronos (CRON) -12.2%
  8. Ayr (AYRSF) -11.7%
  9. Cresco (CRLBF) -11.6%
  10. Neptune (NEPT) -10.8%

The Remaining 8 Decliners (-1% to -10%)

  1. Pyxus (PYX) -9.8%
  2. Canopy (CGC) -9.2%
  3. Green Thumb (GTBIF) -9.0%
  4. Charlotte's Web (CWBHF) -8.6%
  5. Valens (VLNCF) -8.3%
  6. Corbus (CRBF) -6.0%
  7. GW Pharma (GWPH) -4.6%
  8. Abacus (ABAHF) -3.3%

The following 4 pot stocks are not included in the above analysis as they have dropped below the $1/share threshold in the last week (see article here) but are still worthy of mention, namely:

  1. Hexo (HEXO) -38.5%
  2. Aurora (ACB) -21.4%
  3. Jushi (JUSHF) -13.7%
  4. Planet 13 (PLNHF) -10.8%

To see how the above stocks have done on a daily basis over the last 2 weeks, visit my previous articles here.

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

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