Conservative "Cannabis" Stocks Up Slightly Last Week

The munKNEE Conservative "Cannabis" Stock Index consists of the 6 tobacco and alcoholic beverage companies with major investments in the cannabis sector (see details below). Its constituents are ranked here in descending order, as to their performances last week and YTD:

  1. Constellation Brands (STZ): UP 3.0% last week; UP 9.8% YTD
  2. Altria Group (MO): UP 1.5% last week; UP 0.8% YTD 
  3. Imperial Brands (IMBBY): UP 1.2% last week; DOWN 8.9% YTD
    • has a 19.9% stake in Auxly Cannabis Group (CBWTF)
    • has a dividend yield of 7.5%
  4. Molson Coors (TAP): UP 0.1% last week; UP 28.3% YTD
  5. British American Tobacco (BTI): DOWN 0.5% last week; DOWN 17.2% YTD
  6. Anheuser-Busch (BUD): DOWN 2.2% last week; DOWN 7.4% YTD

In summary, the munKNEE Conservative "Cannabis" Stocks Index was UP 1.5% last week but is now UP 5.3% YTD. In addition, the stocks in the Index now have an average dividend yield of 2.9%.

If you are interested in this category consider the  AdvisorShares VICE ETF (VICE) which invests in "vice" industries which include alcohol and beer (43%), gaming and casinos (29%), tobacco and cannabis (17%), hospitality (6%) and other related business activities (5%) stocks. The ETF was UP 1.5% last week but is now UP 6.8% YTD. It also has a dividend that has a 0.9% yield.


More By This Author:

7 Largest American Cannabis Stocks Advanced 13.5%, On Average, This Week
Tattooed Chef Bankruptcy; Our Plant-Based Food Index Is Down To 2 Stocks
Canadian Cannabis LPs Index Advanced This Week

Disclosure: None  

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