Pot Stocks Are Extremely Volatile - These Are Either Up Or Down By +50% YTD
TM Editors Note: This article discusses one or more penny stocks and/or microcaps. Such stocks are readily manipulated; do your own careful due diligence.
Cannabis stocks are the most volatile category of any industry sector. This article highlights those stocks in the munKNEE.com Pure-Play Pot Stock Index that were either up or down YTD by more than 50%. The major winners and losers are as follows:
Biggest Winners YTD
- TerrAscend (TRSSF) +157.5% (latest quarterly financial report here)
- Jushi (JUSHF) +128.3% (latest quarterly financial report here)
- Planet 13 (PLNHF) +91.3% (latest quarterly financial report here)
- Trulieve (TCNNF) +78.9% (latest quarterly financial report here)
- Green Thumb (GTBIF) +62.5% (latest quarterly financial report here)
- Ayr (AYRSF) + 55.7%
- Columbia (CCHWF) +55.2% (latest quarterly financial report here)
3 other constituents in the munKNEE.com Pure-Play Pot Stock Index also advanced YTD but by much smaller percentages, namely, in descending order: Curaleaf; Cresco, and Rubicon. One constituent was unchanged in price, namely, cbdMD.
Biggest Losers YTD
- Hexo (HEXO) -106.5% (no longer eligible for inclusion in Index)
- Aurora (ACB) -81.8%
- Tilray (TLRY) -62.2%
- Charlotte's Web (CWBHF) -58.5% (read the latest quarterly financial report here)
- Medicine Man (SHWZ) -53.0%
- Harvest Health (HRVSF) -53.0%
- Valens (VLNCF) -50.8% (read the latest quarterly financial report here)
6 other constituents in the munKNEE.com Pure-Play Pot Stock Index also declined YTD but by much smaller percentages, namely, in descending order: Organigram; Cronos; Neptune; Aphria; Greenlane and Canopy Growth.
Stock Price Trend Comparison
TerrAscend
Aurora
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