JohnCM Investment Corner

[JohnCM]

TOP 10 CANNABIS STOCKS

JANUARY 13, 2021

I typically list stocks that I own, and because of this, Trulieve, for example, is not here. There are a ton of companies that I like, who have participated and this last MJ bonanza. Curaleaf, Cresco, Canopy, Tilray, etc. I have chosen to have larger positions in a few, as opposed to spreading myself out.

Special note, all of the EFT funds are doing well, for the most part. A good way to go if you are having trouble selecting from all of the high flyers.

My criteria;

#1. I like to see at least 100M in annual sales.
#2. I like to see an outstanding share number of less than 300M.
#3. The stock must have momentum. Especially right now.
#4. The company should be on the way to EBITDA break-even, if not there yet.
#5. Maybe a turnaround story, or legit, right out of the box.
#6. Typically will be focused on the U.S., not Canada.
#7. For now, will be marijuana only. No hemp.

1) Subversive Capitol
2) AYR Resources SOLD
3) Green Thumb
4) Columbia Care
5) HEXO
6) High Tide
7) Jushi SOLD
8) Harvest Health
9) Cannabix BOUGHT
10) 4Front

11) Schwazze NO POSITION

JohnCM Investment Corner