Our Conservative "Cannabis" Portfolio Performed Better In August (and YTD) Than Either OUR MSO Or LP Portfolios
Image Source: DepositPhotos
If you would like to make an investment in the cannabis sector but are wary of the volatility it exhibits then consider the 5 tobacco, beer, and distiller/vintner companies that have major investments in the cannabis sector. Their stock performances are steady week after week – and month after month – and in the end actually outperform our American MSO and Canadian LP cannabis portfolios.
Our Conservative “Cannabis” Stocks Portfolio
Below are how the 5 constituents in the portfolio performed in August, in descending order, along with their ownership in, and performance of, cannabis stocks, their dividend yields and the latest news, commentary and/or analysis, where available.
- Altria Group (MO): UP 9.7% in August
- has a 45% stake in Cronos Group (CRON)
- Cronos: DOWN 7.3% in August
- dividend yield: 7.59%
- latest news, commentary and/or analysis:
- has a 45% stake in Cronos Group (CRON)
- British American Tobacco (BTI): UP 5.4% in August
- has a C$346M product development partnership with Organigram Holdings (OGI)
- Organigram: UP 10.1% in August
- dividend yield: 7.89%
- latest news, commentary and/or analysis:
- has a C$346M product development partnership with Organigram Holdings (OGI)
- Anheuser-Busch InBev (BUD): UP 3.3% in August
- has a $100 million joint venture with Tilray (TLRY)
- Tilray: DOWN 15.8% in August
- dividend yield: 1.42%
- latest news, commentary and/or analysis:
- has a $100 million joint venture with Tilray (TLRY)
- Imperial Brands (IMBBY): UP 3.6% in August
- has a 19.9% stake in Auxly Cannabis Group (CBWTF)
- Auxly: N/C in August
- dividend yield: 6.54%
- latest news, commentary and/or analysis:
- has a 19.9% stake in Auxly Cannabis Group (CBWTF)
- Constellation Brands (STZ): DOWN 1.8% in August
- has a 39% stake in Canopy Growth (CGC)
- Canopy: DOWN 31.4% in August
- dividend yield: 1.68%
- latest news, commentary and/or analysis:
- Constellation Brands Is the Best Spirits Stock to Buy Now-Here’s Why
- Constellation Brands distances itself from cannabis company Canopy Growth
- Constellation intends to convert its stake in Canopy to a new category of shares that do not give voting power or the ability to collect payments from the company and will no longer have representation on Canopy’s board to eliminate the impact to their equity in earnings and do not intend to deploy additional investment in Canopy going forward.
- has a 39% stake in Canopy Growth (CGC)
Summary
- Our Conservative “Cannabis” Stocks Portfolio was UP 1.2% in August and is now UP 5.7% YTD. In addition, the stocks in the Index have an average dividend yield of 3.3% for a gross return of 9%.
- In comparison, the 5 constituents in the Canadian Cannabis LP Stocks Portfolio were DOWN 14.0% in August and the 7 constituents in the American Cannabis MSO Stocks Portfolio were DOWN 16.0% in August. Together, they are only UP 1.1% YTD and yield no dividends.
More By This Author:
Our CyberSecurity Stocks Portfolio Went Up 15% In August
Our Cloud Computing SaaS Stocks Portfolio Went Up 4% In August
AI-Focused Drug Discovery Stocks Portfolio Down 8% In August; Down 6.7% Yesterday Alone!
Disclosure: None
This article has been composed with the exclusive application of the human intelligence (HI) of the author. No artificial intelligence (AI) technology has been deployed. ...
moreComments
![](/images/tinyMceCommentImg.png)