The Best And Worst Cannabis Stocks Last Month (Nov 2018)

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Cornerstone Investments


  • We are launching a brand new series called "Best and Worst of the Month" where we discuss the extreme price movements of the month.
  • Best Performers: Body and Mind (59.7% Gain); Cronos (23.3% Gain); Khiron Life Sciences (23.3% Gain); Charlotte's Web (21.1% Gain).
  • Worst Performers: MedMen (32.3% loss); Aphria (33.8% loss).

We are launching a brand new series called "Best and Worst of the Month" where we discuss the extreme price movements of the month.


The cannabis sector has undergone an incredible transformation in the last year as both Canada and the U.S. made significant progress in legalization. Canada legalized recreational pot on October 17 this year while the U.S. is getting closer to legalizing industrial hemp through the 2018 Farm Bill. We are the dedicated cannabis coverage on SA where we cover over 60 individual stocks and cannabis-related topics. However, we think it is important to take a step back and review the biggest movers in the cannabis sector each month. It's easy to get lost in the weeds (no pun intended) and forget the big picture. We hope to use this series to identify and examine the biggest movers.

Best Performing Stocks

Worst Performing Stocks

It is also worth noting that during the same period of time Horizons Marijuana Life Sciences Index ETF (OTC:HMLSF) declined 5.7% while the ETFMG Alternative Harvest ETF (MJ) declined 5.3% as well.

(TSX Website; HMMJ and MJ)

Body and Mind

We introduced BaM in our "Best Ways To Play The U.S. Cannabis Industry (Part 2)". The stellar returns were mostly driven by the company's recently announced investment into a California-based Green Light District Holdings ("GLDH"). BaM will invest $5.2 million in the form of senior secured convertible notes and Australis Capital (otcpk:AUSCF) will lend $4 million to help fund the deal. If converted, BaM would own 89.75% of GLDH which owns 2 assets:

  • 100% of a medical dispensary in Long Beach, CA

This article was written by

Cornerstone Investments profile picture
We are your best guide to cannabis investing. Read our 2021 Cannabis Sector Outlook here. We also provide in-depth industry analysis and coverage of 70+ cannabis stocks to help you get started.

Disclosure: I/we have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

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