Below is an article written by Lorimer Wilson of Munknee.com. MunKNEE.com is a new affiliate of eResearch.com.
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This article highlights the performance of the 12 “momentum” stocks within the Non-penny Pot Stock Index which, given that they represent only 4% of all cannabis stocks, certainly warrant your consideration.
- 298 cannabis stocks trade on the various Canadian and American stock exchanges and they, collectively, are DOWN 25.9% YTD (as of close of trading on June 5th)
- 39 of those 298 (i.e. 13%) are non-penny stocks (i.e. trading actively and consistently above US$1/share) which make up the constituents of the Non-penny Pot Stock Index (NPSI) and they are DOWN 4%, on average, YTD (Source)
- 12 of those 39 are ‘momentum” stocks given that they are UP 24.6% YTD
Given the above you can understand my concentration on the very few winners in the cannabis stock sector. The details of their performance, in descending order, are as follows:
- XPhyto(XPHYF) +213.3% YTD
- GrowGeneration(GRWG) +60.0% YTD
- Rubicon(ROMJ) +29.0% YTD
- Corbus(CRBP) +26.6% YTD
- Akerna(KERN) +26.5% YTD
- Innovative Properties(IIPR) +20.2% YTD
- GW Pharma(GWPH) +16.2% YTD
- Abacus+10.0% YTD
- Columbia(CCHWF) +10.0%YTD
- Trulieve(TCNNF) +3.9% YTD
- Greenlane(GNLN) +3.7% YTD
- Terrascend (TRSSF) N/C YTD
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To view the original article, please visit https://www.munknee.com/cannabis-central-only-these-12-pot-stocks-out-of-298-are-up-ytd/
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