E Pure-Play Pot Stock Index Slowed To A Crawl Last Week

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.


The munKNEE Pure-Play Pot Stock Index took a rest last week, up only 0.56% after having advanced by an amazing 25.6%  during the first 2 weeks of February. 15 constituents went down and 15 went up in price. Details are as follows:

Index Performance

The Canadian Licensed Producer (LP) Category went up 1.4% last week with 5 of the 9 stocks within the category advancing and 4 declining but only 1 did so by 10% or more, namely:

  • Aphria (APHA): +19.5% to $20.25/share

while Hexo (HEXO) went up 8% during the week. Rubicon (ROMJF) declined the most at -6.2%. The remaining 6 stocks went up or down less than 5% for the week.

The U.SMulti-State Operator (MSOs) Category went up 1.0%  last week with 9 of the 21 constituents in the category advancing of which only 3 did so by +10%, namely:

  1. HempFusion (CBDHF): +28.8% to $3.00/share
  2. Indus (INDXF): +15.2% to $1.74/share
  3. Harvest Health (HRVSF): +15.0% to $4.45/share

while Medicine Man (SHWZ) went up by 5.9%. cbdMD (YCBD) declined the most in the sub-category (-10.3%), followed by C21 Investments (CXXIF) by -8.0%, Jushi (JUSHF) by -7.8% and Harborside (HBORF) by -7.7%. The remaining 14 constituents were up or down over the week by less than 5%.

Further details regarding the equal-weighted munKNEE Pure-Play Pot Stock Index are as follows:

  • Only 30 stocks qualify for inclusion in the Index out of a total of over 225 (pure-play and ancillary) trading on North American exchanges.
  • The average market capitalization of the 30 constituents is US$1.5B, as follows:
    • 10 have market caps ranging between $1.0B and $10.0B;
    • 5 have market caps between $500M and $999M;
    • 12 have market caps between $100M and $499M and
    • 3 have market caps of less than $100M.
1 2
View single page >> |

Visit  munKNEE.com and register to receive our free Market Intelligence Report newsletter (sample  more

How did you like this article? Let us know so we can better customize your reading experience.

Comments

Leave a comment to automatically be entered into our contest to win a free Echo Show.