The Canadian Pure-Play Pot Stocks Index consists of the 5 largest vertically integrated (i.e. seed-to-sale) Licensed Producers (LPs) with market capitalizations of $300M or more whose stocks trade for US$1/share or more and trade on one or more of the Canadian and/or American stock exchanges.

Below are the performances of its constituents for the 5 weeks of August (July 29th to September 2nd), in descending order, and since the end of June with the latest in analysis and commentary on each of the companies here:

1. Canopy Growth (CGC): UP 31.6% in August; UP 21.4% since the end of June
2. Aurora (ACB): UP 7.1% in August; UP 14.4% since the end of June
3. Organigram (OGI): DOWN 3.7% in August; UP 12.0% since the end of June
4. Cronos (CRON): DOWN 5.7% in August; UP 5.3% since the end of June
5. Tilray (TLRY): DOWN 7.9% in August; UP 7.7% since the end of June

In total, the munKNEE Canadian Pot Stocks Index average was UP 3.5% in August and is now UP 11.8% since the end of June.

As I mentioned in my recent article on marijuana ETFs (see here), if you are interested in investing in the Canadian LP category the ETF with the largest percentage of such stocks then consider the Global X Cannabis ETF (POTX).

For the adventuresome among you consider investing in one of the following leveraged (inverse or bull) ETFs:

1. ETFMG 2x Daily Inverse Alternative Harvest ETF (MJIN)
2. ETFMG 2x Daily Bull Alternative Harvest ETF (MJXL)
3. BetaPro 2x Inverse Canadian Marijuana Companies ETF (HMJI)
4. Horizons 2x Bull Marijuana Companies ETF (HMJU)

An "inverse" ETF is the way to go if you think the cannabis sector is going to decline considerably in the months ahead while a 'bull" ETF is for those that think the sector is going to advance going forward.

More By This Author:

How The 5 Cannabis Categories Performed Last Week
Plant-Based Food Stocks Continue To Crater: -13.4% This Week
Largest U.S. Cannabis Stocks Rebounded SharplyThis Week