Below is a comparison of the biggest winners and losers in PotStocks this week, grouped by market cap and country. See whether your picks are outperforming or if you need to rebalance your portfolio.
The High Level
All things considered, this week ended much better for PotStocks than many investors probably expected mid-week. While many groups were down, at least a couple rebounded to have a positive week.
Some notable top performers included Trulieve, Liberty Health Sciences, Vireo, and GTEC.
GTEC led the way with nearly a 20% gain on the week. While it’s not clear where exactly this is coming from, investors may find out with earnings likely coming next week.
Some notable drops came from 48North, TGOD, and SLANG.
48North led the way with nearly a 15% drop on disappointing earnings. While no one expected blowout revenues, their yield guidance was reduced, causing some investors to worry leading up to their first harvest. Given the cash they have on hand, if you believe outdoor is ultimately the future, this may be a solid buying opportunity.
Pot Stocks Group Performance
Canadian Pot Stocks – Large-Cap Weekly Performance
Canadian Pot Stocks – Large-Cap YTD Performance
Canadian Pot Stocks – Mid-Cap Weekly Performance
Canadian Pot Stocks – Mid-Cap YTD Performance
Canadian Pot Stocks – Small-Cap Weekly Performance
Canadian Pot Stocks – Small-Cap YTD Performance
U.S. Pot Stocks – Large-Cap Weekly Performance
U.S. Pot Stocks – Large-Cap YTD Performance
U.S. Pot Stocks – Mid-Cap Weekly Performance
U.S. Pot Stocks – Mid-Cap YTD Performance
U.S. Pot Stocks – Small-Cap Weekly Performance
U.S. Pot Stocks – Small-Cap YTD Performance
The opinions provided in this article are those of the author and do not constitute investment advice. Readers should assume that the author and/or employees of Capital 10X hold positions in the company or companies mentioned in the article. For more information, please see our Content Disclaimer.
