Cannabis Central: Sector Down 26% YTD But 9 NPSI Constituents Are Up As Much As 213%

TM editors' note: This article discusses a penny stock and/or microcap. Such stocks are easily manipulated; do your own careful due diligence. 


The 39 pot stocks that actively and consistently trade above US$1/share are down 3.96% YTD compared to the cannabis sector as a whole (298 stocks) which is down 25.9% year-to-date. This article identifies the extent to which 27 of the pot stocks declined in price and the extent to which 11 of them advanced in price (one had no change) over the past 5.5 months.

The 27 non-penny pot stocks declined in price as follows:

  • 5 declined in excess of 50% since the beginning of 2020, namely: Pyxus (PYX) -67.4%, Harvest Health (HRVSF) -67.0%; MediPharm (MEDIF) -57.6%; Avicanna (AVCNF) -51.0% and Tilray (TLRY) -50.8%
  • 4 declined between 30% and 49.9%, namely: Aurora (ACB) -49.0%, Acreage (ACRGF) -48%, Cresco (CRLBF) -38.8% and cbdMD (YCBD) -31.0%
  • 7 declined between 20% and 29.9%, namely: Medicine Man (SHWZ) -29.1%, Alcanna (LQSIF) -28.7%, Valens (VLNCF) -22.9%,  Charlotte's Web (CWBHF) -22.9%, AYR (AYRSF) -22.7%, FSD Pharma (HUGE) -22.7% and Canopy Growth (CGC) -21.8%
  • 5 declined between 10% and 19.9%, namely: Zynerba (ZYNE) -19.7%, Organigram (OGI) -18.8%, Aphria (APHA) -17.0%, Cronos (CRON) -15.6%, Curaleaf (CURLF) -13.0%. 
  • 6 declined by less than 10%, namely: Planet 13 (PLNHF) -8.7%, Cara (CARA) -6.6%, New Age (NBEV) -6.0%, Green Thumb (GTBIF) -5.9%, Neptune (NEPT) -5.1% and Village Farms (VFF) -2.6%.

The 11 Winners:

  • 2 increased in excess of 50% since the beginning of 2020, namely: XPyto (XPHYF) +213.3% and GrowGeneration (GRWG) +60.0%.
  • 5 increased between 15% and 59.9%, namely: Rubicon (ROMJ) +29.0%, Corbus (CRBP) +26.6%, Akerna (KERN) +26.5%, Innovative Properties (IIPR) +20.2% and GW Pharma (GWPH) +16.2%.
  • 2 increased between 10% and 15%, namely: Abacus (ABAHF) +10% and Columbia (CCHWF) +10.0%.
  • 2 increased by less than 10%, namely: Trulieve (TCNNF) +3.9% and Greenlane (GNLN) +3.7%.
  • (Terrascend (TRSSF) remained unchanged in price.)

The above shows a dramatic improvement in the cannabis sector from when last reported at the end of March having shown considerable improvement in April (see article here) when the NPSI went UP 11.3% and in May when the basket of non-penny stocks went up 19% (see article here).

There are 2 ways to use the above analysis to your benefit.

  • Upon further due diligence you might find one or more of the 27 stocks on "sale" at deeply discounted prices that warrant investing in.
  • On the other hand, again after doing some further research, you might find that one or more of the 11 stocks that are up YTD have underlying fundamentals that support their strong price performance and, as such, warrant your investing in.

Please convey which, if any, of the above stocks you intend to invest in below in the comment section (and, in doing so, you will become automatically entered into TalkMarket's contest to win a free Echo Show).  

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