These 10 Pot Stocks Have Outperformed the Broad Cannabis Sector in 2019
In a Year Where Most Cannabis Stocks Suffered Large Declines, These Pot Stocks Bucked the Trend
2019 has been a year to forget for most marijuana stocks and cannabis investors alike. As we enter the final few weeks of the year, let’s take a look back to determine which cannabis stocks outperformed the overall cannabis sector in 2019.
The strength shown by these companies during a very turbulent year may very well foreshadow what investors can expect to see from these pot stocks in 2020. As we enter the Christmas holiday season, investors should be on the lookout for a potential Santa Claus Rally in cannabis equities which could be led by many of the stocks outlined below.
For those not familiar with the Santa Claus Rally, we encourage you to read yesterday’s article titled “Ride the Santa Claus Rally With These Cannabis Stocks.” The Santa Claus Rally is very real and cannabis investors should be prepared to play it if it ends up materializing. In that article, we highlight two cannabis stocks that could lead the rally into 2020.
With that said, let’s turn our attention to the list below which highlights and details the top 10 performing marijuana stocks of 2019. We’ll be looking at each company’s 2019 year-to-date (YTD) return as well as the gain achieved at their yearly high share price. Our list will be ranked in order of the company’s YTD gain.
Source: Shutterstock
10. Curaleaf (CSE: CURA) (OTCQX: CURLF)
- Open Jan. 2/19: $6.40
- 2019 High: $15.75
- 2019 Max Gain: +146%
- Current Price: $7.70
- 2019 YTD Return: +20%
Learn more about Curaleaf: Website | IR Website | Investor Deck | CURA Chart
9. Cara Therapeutics (NASDAQ: CARA)
- Open Jan. 2/19: $13.01
- 2019 High: $27.55
- 2019 Max Gain: +112%
- Current Price: $16.13
- 2019 YTD Return: +24%
Learn more about Cara Therapeutics: Website | IR Website | Investor Deck | CARA Chart
8. Heritage Cannabis (CSE: CANN) (OTCQX: HERTF)
- Open Jan. 2/19: $0.165
- 2019 High: $0.72
- 2019 Max Gain: +336%
- Current Price: $0.245
- 2019 YTD Return: +49%
Learn more about Heritage Cannabis: Website | IR Website | Investor Deck | CANN Chart
7. Trulieve (CSE: TRUL) (OTCQX: TCNNF)
- Open Jan. 2/19: $11.12
- 2019 High: $21.65
- 2019 Max Gain: +95%
- Current Price: $17.53
- 2019 YTD Return: +58%
Learn more about Trulieve: Website | IR Website | Investor Deck | TRUL Chart
6. Innovative Industrial Properties (NYSE: IIPR)
- Open Jan. 2/19: $44.95
- 2019 High: $139.53
- 2019 Max Gain: +210%
- Current Price: $72.54
- 2019 YTD Return: +61%
Learn more about IIPR: Website | IR Website | Investor Deck | IIPR Chart
5. Growgeneration (NASDAQ: GRWG)
- Open Jan. 2/19: $2.24
- 2019 High: $5.75
- 2019 Max Gain: +157%
- Current Price: $3.92
- 2019 YTD Return: +75%
Learn more about Growgeneration: Website | IR Website | Investor Deck | GRWG Chart
4. Valens GroWorks (TSXV: VGW) (OTCQX: VGWCF)
- Open Jan. 2/19: $1.53
- 2019 High: $4.90
- 2019 Max Gain: +220%
- Current Price: $2.97
- 2019 YTD Return: +94%
Learn more about Valens GroWorks: Website | IR Website | Investor Deck | VGW Chart
3. Village Farms (TSX: VFF) (NASDAQ: VFF)
- Open Jan. 2/19: $4.26
- 2019 High: $24.25
- 2019 Max Gain: +469%
- Current Price: $8.36
- 2019 YTD Return: +96%
Learn more about Village Farms: Website | IR Website | Investor Deck | VFF Chart
2. Medipharm Labs (TSX: LABS) (OTCQX: MEDIF)
- Open Jan. 2/19: $1.68
- 2019 High: $7.39
- 2019 Max Gain: +340%
- Current Price: $3.45
- 2019 YTD Return: +105%
Learn more about MediPharm Labs: Website | IR Website | Investor Deck | LABS Chart
1. Medicine Man Technologies (OTCQX: MDCL)
- Open Jan. 2/19: $1.37
- 2019 High: $4.17
- 2019 Max Gain: +204%
- Current Price: $2.88
- 2019 YTD Return: +110%
Learn more about Medicine Man: Website | IR Website | Investor Deck | MDCL Chart
Charts source: Barchart.com
Also Read: Ride the Santa Claus Rally With These Cannabis Stocks
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