We’re analyzing the cannabis and marijuana industry stocks on a relative strength basis. We’re looking at 2 relative strength benchmarks – 50 day ma of 20% annualized rate of growth, and 200 day ma of 20% annualized rate of growth. The analysis measures the percent difference of the stock vs the 50 day ma rate of growth, and, the percent difference of the stock vs the 200 day ma rate of growth. The 50 day is weighted at 30% and the 200 day weight is 70% of the Trend Score. All these stocks are US Listed on Nasdaq/NYSE (not OTC stocks). These are pure play cannabis and marijuana stocks. Included in the analysis is the Nasdaq 100 Index ETF (QQQ), the S&P 500 Index ETF (SPY), and the Gold Miners Index ETF (GDX).
This is pure trend investing analysis. No predictions, no forecasts. No personal opinions, no stock fundamentals, no economic fundamentals, no news, no social media, no teevee.
Blog comments welcome.
| Sym | Stock | 50 day % diff | 200 day % diff | Trend Score |
| YCBD | cbdMD Inc | 15 | 87.4 | 65.68 |
| GRWG | Growgeneration Corp | 33.4 | 66 | 56.22 |
| GDX | VanEck Vectors Gold Miners ETF | 15.8 | 28.6 | 24.76 |
| IIPR | Innovative Industrial Properties Inc | 8.9 | 31.5 | 24.72 |
| ARNA | Arena Pharmaceuticals | 18.2 | 16.1 | 16.73 |
| NEPT | Neptune Technologies and Biores | 11.1 | 13.4 | 12.71 |
| QQQ | Invesco QQQ Trust | 8.7 | 14 | 12.41 |
| VFF | Village Farms International Inc | 3.3 | 13.5 | 10.44 |
| GNLN | Greenlane Holdings Inc | 17.1 | 6.6 | 9.75 |
| CRBP | Corbus Pharmaceuticals Holdings | 14.8 | 6 | 8.64 |
| APHA | Aphria Inc | 3.3 | 1 | 1.69 |
| SPY | SPDRs S&P 500 Trust ETF | -1.7 | 2 | 0.89 |
| GWPH | GW Pharmaceuticals Plc | 7.8 | -6.3 | -2.07 |
| NTEC | Intec Pharma Ltd | -8.9 | -0.1 | -2.74 |
| CGC | Canopy Growth Corporation | -9.2 | -6.2 | -7.1 |
| CRON | Cronos Group Inc | -6.7 | -18.5 | -14.96 |
| ZYNE | Zynerba Pharmaceuticals Inc | -14 | -20.5 | -18.55 |
| OGI | Organigram Holdings Inc | -27.4 | -40.9 | -36.85 |
| TLRY | Tilray Inc | -39.9 | -41.5 | -41.02 |
| HEXO | Hexo Corp | -38.7 | -42.7 | -41.5 |
| ACB | Aurora Cannabis Inc | -38.5 | -49.6 | -46.27 |
