E Cannabis-Centric Bio-Pharma Stocks Category Declined Almost 3% This Past Week

TM Editors' Note: This article discusses penny stocks and/or microcaps. Such stocks are readily manipulated; do your own careful due diligence.

Currently there is no index that tracks the stock performances of the 13 clinical-stage biopharmaceutical companies involved in the development of drugs using CBD and THC exclusively (i.e. are cannabis-centric companies) to fill out the entirety of their drug-development pipelines. As such, this article introduces our new Pure-Play Cannabis-Centric Biopharma Stocks Index so that, in turn, this category of stocks can be compared to the performance of stocks in the Canadian Licensed Producers category, the American Multi-State Operators category, the Conservative Pot Stocks category and the Ancillary Pot Stocks category to give an accurate overview of the cannabis stock sector.

The new Pure-Play Cannabis-Centric Biopharma Stocks Index (see list of constituents below) identifies the current pure-play clinical stage biopharmaceutical companies, the extent of their volatility (beta) and their areas of research and is presented in descending order of  their market capitalization:

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