TM editors' note: This article discusses a penny stock and/or microcap. Such stocks are easily manipulated; do your own careful due diligence.

For the trading week ended May 28, my proprietary Canadian Cannabis Company Index (MCCCI) increased by 14.0% compared to the prior week when it increased by 2.5%. The index consists of 25 stocks, many of which are among the most widely held holdings of the 3 ETFs (MJ, CNBS, and THCX) that I consider to be a reliable barometer of the Canadian cannabis sector. MCCCI's differentiated business model is both weighted and market capitalization-based because I believe that this approach best represents the current landscape of the Canadian cannabis sector.

The Good

There were 12 stocks that increased by more than 10%, which is my metric for inclusion in this category: TGODF +37.1%, ACB +27.1%, NCNNF +23.6%, MEDIF +23.5%, HEXO 23.0%, CRON +22.0%, ZBISF 21.1%, OGI +17.6%, VVCIF +15.6%, ALEAF +15.4%, CGC +13.5% and SPRWF +12.8%. The Green Organic had an outstanding month of May, as the stock more than doubled. As I said last week, TGODF has stated that the “turnaround plan well underway.”

The Bad

There were no stocks that decreased by more than 10% (but less than 20%) which is my metric for inclusion in this category.

The Ugly

There were no stocks that decreased by 20% or more, which is my metric for inclusion in this category. There was a 16.1% increase in the “Big Four” as 3 of them made the “good” list compared to the prior week when there was no change, and only ACB increased more than 10%. Recap There was an increase of 2.5% in the relative strength index compared to the prior week when there was a decrease of 4.0%. Let us see how this volatile sector has performed at the same time next week, shall we?