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The cannabis sector consists of 5 distinctly different categories and they each perform quite differently. Below is a summary of each category's performance last week, in descending order, and YTD:
 

1. The Conservative Pot Stocks Index: DOWN 3.2% last week; DOWN 4.5% 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%.
      
2. The Ancillary Pot Stock Index: DOWN 4.6% last week; DOWN 63.3% 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.
      
3. The Pure-Play Canadian LP Pot Stock Index: DOWN 7.9% last week; DOWN 55.9% 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 Canadian Marijuana Index Stocks Revert To Their Downward Trend that details the performance of each of the constituents last week.
      
4. The Pure-Play Psychedelic Compounds-Based Stocks Index: DOWN 10.0% last week; DOWN 48.8% 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 8 Largest Psychedelic Stocks Continued Their Decline Last Week that details the performance of each of the constituents.
      
5. The Pure-Play American MSO Pot Stock Index: DOWN 11.5% last week; DOWN 56.3% 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 Major American MSO Cannabis Stocks Continue To Sink that details the performance of each of the constituents last week.

As you can see from the above summary the 5 cannabis/cannabis-related company stock performances ranged from:

• -3.2% to -11.5% last week and
• -4.5% to -63.3%, YTD, depending on the category.

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8 Largest Psychedelic Stocks Continued Their Decline Last Week
Major American MSO Cannabis Stocks Continue To Sink