The Conservative Cannabis Stocks Index Is Dramatically Outperforming The "Seed-To-Sale" Category

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The munKNEE Conservative Cannabis Stocks Index consists of the 5 tobacco companies and 1 liquor company that are invested heavily in the cannabis industry and it is called "conservative" for good reason.

The stock performances of the constituents in the Index are compared below for last week, in descending order, and YTD, and in comparison to their associated cannabis stocks:

  1. Molson Coors (TAPwas UP 20.3% this past week, is UP 20.3% YTD and has a Dividend Yield of 2.7%.
    • The company has a 57.5%/42.5% joint venture, called TRUSS, with Hexo Corp. (HEXO) which is DOWN 65.7% YTD and pays out no dividend.
  2. Constellation Brands (STZwas UP 7.8% this past week, is DOWN 2.2% YTD and has a Dividend Yield of 1.3%.
    • The company has a 39% stake in Canopy Growth Corporation  (CGC) which is DOWN 56.8% YTD and pays out no dividend.
  3. British American Tobacco (BTI) was UP 4.9% this past week, is UP 17.5% YTD and has a Dividend Yield of 6.7%. 
    • The company has a C$221M investment and product development partnership with Organigram Holdings Inc. (OGI) which was DOWN 39.4% YTD but pays out no dividend.
  4. Anheuser-Busch (BUD) was UP 4.4% this past week, is DOWN 10.9% YTD and has a Dividend Yield of 1.0%.
    • The company has a $100 million joint venture with Tilray Inc. (TLRY) which is DOWN 48.6% YTD and pays out no dividend.
  5. Imperial Brands (IMBBY) was UP 4.2% this past week, is UP 3.6% YTD and has a Dividend Yield of 4.5%.
    • The company has a 19.9% stake in Auxly Cannabis Group Inc. (CBWTF) which is DOWN 46.4% YTD and pays out no dividend.
  6. Altria Group (MO) was DOWN 4.2% this past week, is DOWN 8.4% YTD and has a Dividend Yield of 8.3%.
    • The company has a 45% stake in Cronos Group Inc. (CRON) which is DOWN 20.7% YTD and pays out no dividend.

In total,

  • the above 6 constituent stocks in the munKNEE Conservative Cannabis Stocks Index were:
    • UP 6.0% this past week,
    • are UP 1.5% YTD
    • and have an average dividend yield of 3.1%. 

To put things in perspective,

  • the Pure-Play American MSO Pot Stock Index (see details here) and the Pure-Play Canadian LP Pot Stock Index (see details here) were:
    • only UP 0.2%, on average, this past week,
    • are DOWN 53.6% YTD
    • and pay out no dividends.

That is why the Conservative Cannabis Stocks Index is called "conservative".

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