Cannabis Central: Sector Held Its Own On Monday With Advances Exceeding Declines
TM editors' note: This article discusses a penny stock and/or microcap. Such stocks are easily manipulated; do your own careful due diligence.
The cannabis stock sector held its own on Monday (+0.5%) with 23 of the 37 non-penny stocks advancing and 14 of said stocks declining. (To put things in perspective the S&P 500 went up 2.56% today.) This article identifies those 15 non-penny pot stocks that went UP in excess of 5% and the 8 non-penny pot stocks that went DOWN in excess of 5% and the 6 others that did not meet the aforementioned criteria.
This article only reviewed those 37 pot stocks, out of a universe of 319, that traded above $1/share to come up with those highlighted below: (Source of data)
Largest Increases
- XPhyto Int'l (XPHYF) +41.7%
- Abacus Health (ABCS) +22.8%
- Cresco Labs (CRLBF) +16.2%
- Zynerba Pharma (ZYNE) +12.6%
- Trulieve (TCNNF) +12.5%
- Curaleaf (CURLF) +11.4%
- MediPharm Labs (LABS) +10.0%
- GrowGeneration (GRWG) +7.6%
- GW Pharma (GWPH) +7.4%
- Green Thumb (GTBIF) +7.2%
- Canopy Growth (CGC) +6.5%
- Harvest Health (HRVSF) +6.5%
- Charlotte's Web (CWBHF) +6.3%
- Tilray (TLRY) +5.5%
- Cara Pharma (CARA) +5.1%
Largest Decreases
- Alcanna (LQSIF) -14.1%
- Greenlane (GNLN) -10.4%
- Ayr Strategies (AYRSF) -8.8%
- Pyxus Int'l (PYX) -8.7%
- New Age Beverages (NBEV) -7.1%
- Neptune Wellness (NEPT) -6.9%
- Acreage Holdings (ACRGF) -5.6%
- Cronos Group (CRON) -5.5%
Notable Mentions
- Corbus Pharma (CRBP) +4.8%
- Aphria (APHA) +3.9%
- Hexo (HEXO) +1.1%
- Valens GroWorks (VLNCF) -4.0%
- OrganiGram (OGI) -3.6%
- Planet 13 (PLNHF) -3.0%
- Aurora Cannabis (ACB) -4.8%
Of the remaining 7 non-penny pot stocks, 6 increased in price by less than 3% while 1 decreased marginally in price.
A picture is worth a thousand words. Below is Monday's pot stock sector heat map (Click on image to enlarge)
To learn how the above marijuana stocks performed last week please read this exclusive article as posted on TalkMarkets over the weekend.
This article may discuss small-, micro- and nano-cap stocks so do your own careful due diligence. Visit more