The "Rags-To-Riches" Portfolio Update: Week Ending January 27

The Rags-to-Riches Portfolio tracks the performance of a basket of 14 cannabis, psychedelic and plant-based food stocks with market capitalizations of at least $400M, and trading for at least $1/share. Below are the constituent performances last week and year-to-date.

  • American Cannabis MSOs:
    1. Cresco (CRLBF): Y/E 2022 Mkt. Cap.: $1.010M; Y/E Stock Price: $1.75; 2022 Performance: -73.8%
      • Last week: -8.7%; +1.7% YTD
    2. Curaleaf (CURLF): Y/E 2022 Mkt. Cap.:  $3,280M; Y/E Stock Price: $3.91; 2022 Performance: -73.8%
      • Last week: -7.4%; -3.8% YTD
    3. Green Thumb (GTBIF): Y/E 2022 Mkt. Cap.: $2,290M; Y/E Stock Price: $8.43; 2022 Performance: -62.0%
      • Last week: -6.3%; -11.0% YTD
    4. TerrAscend (TRSSF): Y/E 2022 Mkt. Cap.: $540M; Y/E Stock Price: $1.10 ; 2022 Performance: -82.0%
      • Last week: -8.1%; +13.6% YTD
    5. Trulieve (TCNNF): Y/E 2022 Mkt. Cap.: $1,770M; Y/E Stock Price: $7.56; 2022 Performance: -70.9%
      • Last week: -5.1%; -14.3% YTD
    6. Verano (VRNOF): Y/E 2022 Mkt. Cap.: $1,190M; Y/E Stock Price: $3.08 ; 2022 Performance: -75.5%
      • Last week: -6.9%; -7.5% YTD

Sub-total: Last week: -6.5%; -8.6% YTD

  • Canadian Cannabis LPs 
    1. Canopy Growth (CGC): Y/E 2022 Mkt. Cap.: $1,380M; Y/E Stock Price: $2.27; 2022 Performance: -74.0%
      • Last week: +12.3%; +29.1% YTD
    2. Cronos (CRON): Y/E 2022 Mkt. Cap: $1,060M; Y/E Stock Price: $2.52; 2022 Performance: -35.7%
      • Last week: -0.4%; -1.2% YTD 
    3. Tilray (TLRY): Y/E 2022 Mkt. Cap.: $2,070M; Y/E Stock Price: $2.67; 2022 Performance: -62.0%
      • Last week: +5.2%; +20.2% YTD

Sub-total: Last week: +5.8%; +15.6% YTD 

  • Psychedelic Drug Stocks
    1. Atai (ATAI): Y/E 2022 Mkt. Cap.: $500M; Y/E Stock Price: $2.58; 2022 Performance: -66.2%
      • Last week: -5.8%; -30.6% YTD
    2. Compass Pathways (CMPS): Y/E 2022 Mkt. Cap.: $402M; Y/E Stock Price: $7.81; 2022 Performance: -64.7%
      • Last week: -8.3%; +37.0% YTD
    3. GH Research (GHRS): Y/E 2022 Mkt. Cap.: $611M; Y/E Stock Price: $9.54; 2022 Performance: -59.1%  
      • Last week: -1.6%; +0.9% YTD

Sub-total: Last week: -2.5%; +11.0% YTD

  • Plant-Based Food Stocks 
    1. Beyond Meat (BYND): Y/E 2022 Mkt. Cap.: $805M; Y/E Stock Price: $12.29; 2022 Performance: -80.8%
      • Last week: +22.4%; +50.6% YTD
    2. Oatly Group (OTLY): Y/E 2022 Mkt. Cap.: $1,210M; Y/E Stock Price: $1.74; 2022 Performance: -78.1%
      • Last week: -8.3%; +33.9% YTD

Sub-total: Last week: +18.0%; +48.5% YTD

Grand Total:

  • Portfolio Performance Last Week: +3.5%; YTD: +11.8%

In comparison, the "Multi-bagger" Portfolio of 10 stocks with market capitalizations between US$100M and US$399M  was UP 0.9% last week and is now UP 17.5% YTD.


More By This Author:

The "Multi-Bagger" Portfolio Update: Week Ending January 27
Summary Of Cannabis Category Performances, Week Ending Friday Jan. 27
Largest Psychedelic Stocks Now +16.1% YTD

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