3 stocks in the munKNEE Conservative “Cannabis” Stocks Index are ranked below, in descending order, based on their dividend yields along with their involvement in the cannabis sector and their performances YTD and any recent news on them.
Conservative “Cannabis” Stocks Index
- has a 45% stake in Cronos Group (CRON) – DOWN 20.6% YTD
- is DOWN 9.7% YTD; DOWN 0.22% Net YTD
- Read: Altria is More Attractive Than Ever
- has a C$346M product development partnership with Organigram Holdings (OGI); DOWN 59.6% YTD
- is DOWN 19.7% YTD; DOWN 10.83% Net YTD
- Read: Which Is the Better Buy: Altria or British American Tobacco?
- has a 19.9% stake in Auxly Cannabis Group (CBWTF); No Change YTD
- is DOWN 4.7% YTD; UP 2.8% Net YTD
- Read: How Sustainable Is Imperial Brands Dividend?
Summary:
Conclusion:
If you want to invest in the cannabis sector and would like to take a more conservative approach in doing so you might want to consider investing in one of the tobacco stocks analyzed above that have major investments in the cannabis sector and pay out sizeable dividends.More By This Author:GH Research Drags Down Psychedelic Drug Stocks Index By 7%
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