Capital 10X – Pot Stocks Weekly Performance Wrap (September 13th, 2019)

Below is a comparison of the biggest winners and losers in marijuana stocks 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

This has been another down week for potstocks across both Canadian and U.S. players.

Large-cap U.S. companies were the only group in the green, led largely by Trulieve’s near 15% run. Canadian small-cap companies we’re mostly even on the back of Rubicon and 48North, two companies poised to start generating serious revenues from their ramping operations. Every other group was down.

The Green Organic Dutchman saw the biggest drop this week, which we see as the remnants of Aurora’s block trade. With news confirming all shares have been allocated, we expected the stock to see a sharp recovery over the coming weeks. Now is likely an excellent “blood in the streets” buying opportunity.

If you’re growing tired of the losses in the public markets, Capital 10X recently discovered a private company in the middle of a crowd-funding campaign. Led by cannabis advocate Mark Spear, the company is taking a refreshingly authentic approach with a “collective” approach to growing outdoor, organic and craft cannabis. You can learn more about the opportunity here.

Pot Stocks Group Performance

Source: Yahoo Finance.

Canadian Pot Stocks – Large-Cap Weekly Performance

Source: Yahoo Finance.

Canadian Pot Stocks – Large-Cap YTD Performance

Source: Yahoo Finance.

Canadian Pot Stocks – Mid-Cap Weekly Performance

Source: Yahoo Finance.

Canadian Pot Stocks – Mid-Cap YTD Performance

Source: Yahoo Finance.

Canadian Pot Stocks – Small-Cap Weekly Performance

Source: Yahoo Finance.

Canadian Pot Stocks – Small-Cap YTD Performance

Source: Yahoo Finance.

U.S. Pot Stocks – Large-Cap Weekly Performance

Source: Yahoo Finance.

U.S. Pot Stocks – Large-Cap YTD Performance

Source: Yahoo Finance.

U.S. Pot Stocks – Mid-Cap Weekly Performance

Source: Yahoo Finance.

U.S. Pot Stocks – Mid-Cap YTD Performance

Source: Yahoo Finance.

U.S. Pot Stocks – Small-Cap Weekly Performance

Source: Yahoo Finance.

U.S. Pot Stocks – Small-Cap YTD Performance

Source: Yahoo Finance.

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.

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