The munKNEE Pure-Play Marijuana & Psychedelic Compounds-Based Drug Stocks Index consists of 8 constituents in each of the munKNEE Pure-Play Marijuana Drug Stocks Index and the munKNEE Pure-Play Psychedelic Compounds-Based Drug Stocks Index. Which has performed best YTD? This article has the answers. Here are the details:

100 clinical-stage psychedelic drug stocks now trade on North American stock exchanges. 60 of the stocks research the treatment of a variety of mental illnesses based on the use of 9 different psychedelic substances (see details in this TalkMarkets exclusive article): psilocybin (AKA "magic" mushrooms), psilocybin truffles (AKA "magic" truffles), ketamine (AKA "the date rape drug"), DMT, Ibogaine, LSD (AKA "acid"), MDMA (AKA "ecstasy"), mescaline (AKA "peyote) and 5-MeO-DMT (AKA "toad"); 40 research the treatment of illnesses based on the use of THC marijuana.

The criteria for inclusion in the munKNEE Pure-Play Marijuana & Psychedelic Compounds-Based Drug Stocks Index is that its constituents have market capitalizations in excess of $50M but less than $500M and only 16 of the 100 psychedelic drug stocks meet that criteria. The remaining 84 stocks in the Index have market caps below $50M or are above $500M. The latter include ATAI, Compass Pathways, Mind Medicine, and GH Resources and they are not included in the index given their very large market caps and high share prices which would have dominated the index's performance.

The Marijuana-Based Drug Stocks Category

The 8 marijuana-based clinical-stage stocks in munKNEE's Pure-Play Marijuana Drug Stocks Index

• were UP +1.3% last week,
• are DOWN -8.3% YTD,
• ranged in price from $0.03/share to $4.44/share (an average of $1.18/share) as of last Friday,
• have an average market capitalization of $104M and
• have performed as follows, in descending order, YTD:
  1. MGC (MGCLF): is UP +50% YTD to $$0.03/share
  2. Tetro Bio (TBPMF): is UP +46.7% YTD to $0.22/share
  3. Allied Corp (ALID): is UP +34.7% YTD to $1.01/share
  4. Zynerba (ZYNE): is UP +34.5% YTD to $4.44/share
  5. Corbus (CRBP): is UP +8.8% YTD to $1.36/share
  6. Revive (RVVTF): is DOWN -14.3% YTD to $0.42/share
  7. Zelira (ZLDAF): is DOWN -50.0% YTD to $0.03/share and
  8. Enveric (ENVB): is DOWN -54.9% to $1.92/share

The Psychedelic Compounds-Based Drug Stocks Category

The 8 psychedelic-based clinical-stage stocks in munKNEE's Pure-Play Psychedelic Compounds-Based Drug Stocks Index:

• were DOWN -1.7% last week,
• are UP +58.2% YTD
• range in price from $0.21/share to $5.75/share (an average of $1.80/share) as of last Friday,
• an average market capitalization of $200M and
• have performed as follows, in descending order, YTD:
  1. Cybin (CLXPF): is UP +101.3% YTD to $3.02/share
  2. Field Trip (FTRPF): is UP +76.9% YTD to $5.75/share
  3. Seelos (SEEL): is UP +37.3% YTD to $2.17/share
  4. Mydecine (MYCOF): is UP +11.4% YTD to $0.39/share
  5. Small Pharma (DMTTF): remains unchanged at $0.36 since being listed on June 3rd
  6. Numinus (LKYSF): is DOWN -10.7% YTD to $0.75/share
  7. Red Light (CSE:TRIP; OTC:TRUFF): is DOWN -16.0% YTD to $0.21/share
  8. Awakn Life (AWKNF): is DOWN -24.3% to $1.48/share since beginning trading on June 23rd

In Summary

• the munKNEE Pure-Play Marijuana & Psychedelic Compounds-Based Drug Stocks Index
  • was DOWN -0.5% last week  but is UP 20.3% YTD
• the munKNEE Marijuana-Based Drug Stocks Index
  • was UP +1.3% last week but remains DOWN -8.3% YTD
• the munKNEE Psychedelic Compounds-Based Index
  • was DOWN -1.7% last week but is still UP +58.2% YTD

The answer to the opening question as to "Which category has performed best YTD?" the answer is the munKNEE Psychedelic Compounds-Based Index which is UP +58.2% vs. -8.3% for the munKNEE Marijuana-Based Drug Stocks Index.

For those interested, my previous article asked a similar question about the performance of the two sub-categories in the munKNEE  Pure-Play "Seed-to-Sale" Pot Stocks Index, the munKNEE Canadian Pure-Play Licensed Producers (LPs) Pot Stock Index and the munKNEE Pure-Play American Multi-State Operators (MSOs) Pot Stock Index. "Did the LP or MSO sub-category perform better last week? Which sub-category has performed best YTD?" Go here for the answer.

(All currency amounts are in U.S. dollars. Go here to convert to another currency.)