The 5 tobacco, beer, and distiller/vintner companies with major investments in the cannabis sector, constituents in the munKNEE Conservative “Cannabis” Stocks Index, are ranked below as to their performances in March, in descending order, and YTD:
Conservative “Cannabis” Stocks Index
- has a 39% stake in Canopy Growth (CGC)
- dividend yield: 1.3%
- latest news, commentary and/or analysis:
- Constellation Brands Is a Trending Stock: Facts to Know Before Betting on It
- has a 45% stake in Cronos Group (CRON)
- dividend yield: 9.0%
- latest news, commentary and/or analysis:
- Altria Rises Higher Than Market: Key Facts
- has a 19.9% stake in Auxly Cannabis Group (CBWTF)
- dividend yield: 8.2%
- latest news, commentary and/or analysis:
- Imperial Brands Delivered A Better ROE Than Its Industry
- has a C$346M product development partnership with Organigram Holdings (OGI)
- dividend yield: 9.6%
- latest news, commentary and/or analysis:
- High-Yield British American Tobacco Could Be on the Verge of a Cash Windfall. Time to Buy the Stock?
- has a $100 million joint venture with Tilray (TLRY)
- dividend yield: 1.4%
- latest news, commentary and/or analysis:
- Anheuser-Busch Inbev Stock Falls Amid Market Uptick: What Investors Need to Know
Summary
The munKNEE Conservative “Cannabis” Stocks Index was UP 6.9% in March and is now UP 7.5% YTD. In addition, the stocks in the Index now have an average dividend yield of 3.0%. More By This Author:March Recap: 7 Largest American Cannabis MSOs Up 19%, On Average
March Recap: 5 Largest Canadian Cannabis LPs Up 65%, On Average
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