E Pot Stocks Crashed 12.4% Last Week - Tilray Dropped 51% And Harvest Health By 48%

Cannabis stocks crashed by 12.4%, on average, this past week with only nine such non-penny stocks bucking the trend while 22 such stocks dropped by 20% or more. (To put things in perspective, the S&P 500 "only" declined 9.5%, in comparison.)

The cannabis market consists of 319 publicly-traded companies of which the vast majority trade for less than $1/share (i.e. are penny stocks) and it is acknowledged that even small changes in such prices can have a very large effect on the percentage change. Because of the aforementioned, this post only highlights those stocks that are currently trading above $1/share.

Below are those pot stocks trading above $1/share that increased in price and those that declined by at least 20%, in descending order:

Best Performers

  1. Village Farms (TSX:VFF; Nasdaq:VFF); +8.5% 
  2. Cronos Group (TSX:CRON; Nasdaq:CRON); +4.1%

Worst Performers

  1. Tilray Inc. (Nasdaq:TLRY); -51.2%
  2. Harvest Health (CSE:HARV; OTCQX:HRVSF) -48.4%
  3. Acreage Holdings (CSE:ACRG.U; OTCQX:ACRGF) -36.4%
  4. Neptune Wellness (TSX:NEPT; Nasdaq:NEPT) -32.4%
  5. Alcanna Inc. (TSX:LCLIQ) -32.1%
  6. Columbia Care (NEO:CCHW) -26.5%
  7. Akerna Corp. (Nasdaq:KERN) -26.2%
  8. Green Thumb (CSE:GTII; OTCQX: GTBIF) -25.1%
  9. FSD Pharma (CSE:HUGE; Nasdaq:HUGE) -23.1%
  10. Planet 13 (CSE:PLTH; OTCQX:PLNHF) -22.6%
  11. MediPharm Labs (TSX:LABS; OTCQX:MEDIF) -21.2%
  12. Valens GroWorks (TSXV:VLNS; OTCQX:VLNCF) -20.4%

For the record, another ​14 cannabis stocks (including ancillary) that trade above $1/share declined more than the sector average of -12.4%, namely, KHRN, GRWG, NBEV, CARA, PYX, XPHY, JUSH, IIPR, APHA, CL, AYR-A, WEED, ZYNE and ROMJ. (Source of all the above data)

This article may discuss small-, micro- and nano-cap stocks so do your own careful due diligence. Visit 


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