Invstr Weed Index 🚬

Table of Contents

Invstr Weed Index

Imagine finding computer stocks in the nineties but betting on Gateway instead of Microsoft, or Everex instead of Apple. Investors taking a first puff of weed stocks are pinning hopes on what’s tipped to be a 66-billion-dollar market by 2025, but not all who enter will survive. 

The Invstr Weed Index is driven by a cross-section of 23 major players in the industry, both the eventual winners and losers. Like the Invstr Crypto Index, you can research and track this hyper-growth space with less risk and volatility than if you were to choose individual companies. Here are the index constituents!

Name

Whereabouts

Core Business

1-Year Sentiment

Canopy Growth

🇨🇦

Grower & Supplier

Bearish

Tilray

🇺🇸

Grower & Supplier

Bearish

Aurora Cannabis

🇺🇸

Medicinal Weed Sup.

Bearish

Cannabis Sativa

🇺🇸

UK Medicinal Weed

Bearish

Organigram

🇨🇦

Grower

Bearish

Cronos Group

🇺🇸

Grower & Supplier

Bearish

Hexo Corp

🇺🇸

Growing Tech Maker

Bearish

Scotts-Miracle Gro

🇺🇸

Garden Products Retailer

Bullish

Sundial Growers

🇺🇸

Legalisation 2.0 Retailer

Bearish

MariMed

🇺🇸

CBD Grower & Supplier

Bearish

22nd Century Group

🇺🇸

Tobacco & Hemp Biotech 

Bearish

Neptune Wellness Solutions

🇺🇸

Cannabinoid Extractor

Mixed

Green Organic Dutchman

🇨🇦

Grower & Retailer 

Bearish

Cara Therapeuticas

🇺🇸

Biopharmaceutical

Mixed

The Supreme Cannabis Co.

🇨🇦

Grower & Supplier

Bearish

Innovative Industrial Property

🇺🇸

Growing Land Financing 

Mixed

GW Pharma

🇺🇸

Medical Weed Biotech 

Bullish

Village Farms

🇺🇸

Grower & Lifestyle Brand

Bearish

Corbus Pharma

🇺🇸

Medical Weed Biotech

Mixed

Early last year, pot companies saw their stock prices multiply two and three-fold, thousands of times their cumulative sales on average. It was the a la mode market niche of a lifetime and investors were hoarding all the shares they could afford. However, the US Drug Enforcement Administration (DEA) soon killed that buzz.

Cannabis, medical or recreational, was never going to trade hands outside of shrink wrapped packaging. Red tape has strangled pot stocks by suffocating branding efforts and supply chains. Not good. All seemed lost until lawmakers again flexed their power with ‘Legalization 2.0!’

The legal appeal of cannabis-infused beverages, vapes, and edibles has convinced a number of high-profile brewers to stake their reputations on a stake in the marijuana industry. Beer brand owner and bona fide sin stock Constellation is now driven by sentiment in the pot industry, having made a 37% investment in Canopy Growth last year. 

Diageo, the owner of Guinness and Smirnoff, is also surveying the space for a possible acquisition, especially as bulls return to re-hype all things hemp and nugg! It’s worth keeping the Invstr Weed Index on your watchlist. The industry has an eventful future ahead and you don’t want the dankest industry of the lot leaving you behind!

Share:
More Posts
Higher Rate Households 📈
27 September, 2023

The recent Fed decision to pause rates has left the federal funds rate at its highest level since 2000.

Load More
Get your daily Invstr Crunch

Get the market news and updates you need, delivered to your inbox or available on our daily podcast.

Facebook Twitter Youtube Instagram Snapchat Tiktok
learn
products
plan
Who we are
blog

Risk Disclosure:

Invstr is not a bank and banking services are provided by Vast Bank, N.A.

Brokerage and Banking services are currently only available to U.S. residents.

Invstr app and web services are provided by Invstr Ltd. Advisory services are provided by Invstr Financial LLC, an investment adviser registered with the Securities Exchange Commission (SEC) details of which can be obtained here. Securities brokerage and custody services are provided by Apex Clearing, a broker dealer registered with the SEC and a member of FINRA and SIPC. There is no bank guarantee on securities and securities may lose value.

Investing involves risk and can lead to losses. Past performance does not guarantee future results.

Invstr app and web services are provided by Invstr Ltd. Invstr+ advisory services are provided by Invstr Financial LLC, an investment adviser registered with the Securities Exchange Commission (SEC). Securities brokerage and custody services are provided by Apex Clearing, a broker dealer registered with the SEC and a member of FINRA and SIPC. There is no bank guarantee on securities and securities may lose value. Vast Bank N.A. a nationally chartered bank and member of the FDIC, provides the banking products, including the products and services related to digital asset accounts. As with any asset, the value of Digital assets can go up or down and there can be a substantial risk that you lose money buying or holding digital assets. You should carefully consider whether trading or holding Digital assets is suitable for you in light of your financial condition. Your digital account does not support wallet to wallet transferring of your digital assets (i.e. cryptocurrencies) outside the platform. Any Digital Assets in your digital asset account are not insured by any government entities, including but not limited to FDIC or SIPC. The Invstr Visa® Debit Card is issued by Vast Bank, N.A. pursuant to a license from Visa U.S.A Inc and may be used everywhere Visa debit cards are accepted. Invstr Ltd, Invstr Financial LLC and Invstr Securities Ltd are subsidiaries of Marketspringpad Holdings (collectively “Invstr”) and Invstr is solely responsible for the application services and website content.

Watchlists provided when users first access the service are not a recommendation to invest. Instead they are provided to help users better navigate the service. Users are free to edit and create their own watchlists. From time to time, Invstr will suggest instruments solely based on an individual’s interest and the interest levels of the Invstr community. The statistical and portfolio builder models generated by Invstr do not reflect actual investment results and are not guarantees of future results. Comments provided by Invstr leaders, influencers or members of the Invstr Community are not recommendations and should not be construed as such. Invstr does not endorse the content or the positions posted by them. Their investment approach, and that of the models provided by Invstr, may be different from yours and may not be appropriate for you.