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The 5 categories in the cannabis sector performed quite differently in September. Below is a summary of how each category performed in September (and YTD in brackets):

1. The Ancillary Pot Stock Index was DOWN 6.3% in September; (DOWN 67.0% YTD)
   • The Index consists of the 7 largest companies providing goods and services to the cannabis sector, namely, AFC Gamma  (AFCG); Forian (FORA);  Hydrofarm (HYFM); GrowGeneration (GRWG); Innovative Industrial Properties (IIPR);  Scotts Miracle-Gro Company (SMG) and Turning Point Brands (TPB) which trade for at least US$3/share on the Canadian and/or American stock exchanges and have a market cap of at least US$100M.
   • Read The Ancillary Pot Stocks Index Continued To Decline In September that details the performance of each of the constituents in September.
      
2. The Conservative Pot Stocks Index was DOWN 11.0% in September; (DOWN 13.6% YTD)
   • The Index consists of 6 tobacco, beer, and liquor companies that have invested heavily in the cannabis industry, namely, Altria Group (MO); Anheuser-Busch  (BUD); British American Tobacco (BTI); Constellation Brands (STZ);  Imperial Brands (IMBBY) and Molson Coors Brewing Company (TAP) and they all pay dividends with yields ranging from just 1.0% for Anheuser Busch to 8.6% for Altria and average out at 3.2%.
   • Read The Conservative Cannabis Stocks Index Declined in September
     that details the performance of each of the constituents last week.
      
3. The Pure-Play Canadian LP Pot Stock Index was DOWN 15.5% in September; (DOWN 61.2% YTD)
   • The Index consists of the 5 largest Canadian Licensed Producers, namely: Aurora (ACB); Canopy Growth (CGC); Cronos (CRON); Organigram (OGI), and Tilray (TLRY) which trade for at least US$1/share on the Canadian and/or American stock exchanges and have a market cap in excess of US$250M.
   • Read Canada's Major Marijuana LPs Continued To Decline In September that details the performance of each of the constituents last week.
      
4. The Pure-Play American MSO Pot Stock Index was DOWN 33.0% in September; (DOWN 65.1% YTD) 
   • The Index consists of the 13 largest American Multi-State Operators, namely, Acreage (ACRDF/ACRHF); Ascend Wellness (AAWH); Ayr Wellness (AYRWF); Columbia Care (CCHWF); Cresco (CRLBF); Curaleaf (CURLF); Goodness Growth (GDNSF) ; Green Thumb (GTBIF); Jushi (JUSHF); Planet 13 (PLNHF); TerrAscend (TRSSF); Trulieve (TCNNF) and Verano  (VRNOF) which trade for at least US$1/share on the Canadian and/or American stock exchanges and have a market cap of at least US$200M.
   • Read America's Major Marijuana MSOs Continued To Decline In September which details the performance of each of the constituents last  week.
      
5. The Pure-Play Psychedelic Compounds-Based Stocks Index was DOWN 39.0% in September; (DOWN 60.8% YTD)
   • The Index consists of 8 psychedelic compound-based and marijuana (THC) drug companies in the clinical stages of research and development of treatments for a wide variety of mental illnesses, namely, Allied (ALID);  Cybin (CYBN); Atai (ATAI); Seelos (SEEL), Compass Pathway (CMPS); Mind Medicine (MNMD); GH Resources (GHRS) and Zynerba (ZYNE)  which trade on the Canadian and/or American stock exchanges and have market caps of at least US$50M.
   • Read Major Psychedelic Stocks Continued To Decline In September that details the performance of each of the constituents.
      

In summary, the 5 cannabis/cannabis-related company stock category performances ranged from:

• -6.3% to -39.0% in September, and are now
• -13.6% to -67.0%, YTD, depending on the category.

To put things in perspective, the S&P 500 was -8.6% in September and is "only" -24.8% YTD.

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