Marijuana ETF Outperforms In Q1: 6 Stocks Leading The Rally

Best Performing Stocks of MJ

Cronos Group Inc. (CRON - Free Report) : This company is engaged in investment in firms that are licensed to produce and sell medical marijuana. It has gained about 95% in the first quarter. Cronos Group currently has a Zacks Rank #3 (Hold) and VGM Score of F. The stock occupies the third position in the fund’s portfolio, making up for 7.7% share.

Aurora Cannabis Inc. (ACB - Free Report) : This Canada-based company is engaged in the production and distribution of medical cannabis. Aurora Cannabis occupies the top position in the fund’s basket with 9.6% allocation. It also delivered incredible returns of 84.7% in the first quarter. The stock has a Zacks Rank #3 and VGM Score of F.

GW Pharmaceuticals PLC (GWPH - Free Report) : This biopharmaceutical company is focused on discovering, developing and commercializing therapeutics from its proprietary cannabinoid product platform in a broad range of disease areas. The stock has surged about 71.4% this quarter. It currently carries a Zacks Rank #2 (Buy) and has a VGM Score of F. GWPH occupies the second spot in the fund’s basket with 8.4% of the total assets.

Aphria Inc. (APHA - Free Report) : This company produces, supplies and sells medical cannabis primarily in Canada. The stock takes ninth spot in the fund’s basket with 4% of the assets. It has gained 69.6% in the first quarter. Aphria has a Zacks Rank #3 and VGM Score of F.

Turning Point Brands Inc. (TPB - Free Report) : This company provides tobacco products consisting of moist snuff, loose leaf chewing tobacco, cigarette papers, make-your-own cigar wraps and cigar smoking tobacco, cigars and liquid and tobacco vapor. The stock has surged 66.5% this quarter and takes the 13th position in the basket at 2.3%. Turning Point has a Zacks Rank #4 and VGM Score of B.

Canopy Growth (CGC - Free Report) : This cannabis company offers dry cannabis and oil products primarily under the Tweed and Bedrocan brands. Canopy Growth takes the fourth position in the fund’s basket with 6.7% allocation. It has gained 66.3% in the first quarter. The stock has a Zacks Rank #3 and VGM Score of F.

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