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“Rags-To-Riches” Portfolio Outperformed The S&P 500 Last Week

The Rags-to-Riches Portfolio tracks the performance of a basket of 14 cannabis, psychedelic and plant-based food stocks with market capitalizations of…

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The Rags-to-Riches Portfolio tracks the performance of a basket of 14 cannabis, psychedelic and plant-based food stocks with market capitalizations of at least $400M, and trading for at least $1/share.

An original article by Lorimer Wilson, Managing Editor of munKNEE.com – Your KEY To Making Money!

Below, by category, are how the various portfolio constituents are performing year-to-date and performed last week.

  1. American Cannabis MSO constituents:
  2. Canadian Cannabis LP constituents:
  3. Psychedelic Drug Stock constituents:
  4. Plant-Based Food Stock constituents:
    • Beyond Meat (BYND): +58.0% YTD. +4.9% last week; and
    • Oatly Group (OTLY): +51.1% last week, +12.9% last week
      • In total: +57.2% YTD; Last week: +5.8%

Total Portfolio Performance: +15.2% YTD; Last week +3.0%

The portfolio is outperforming the S&P 500 which was only +1.6% last week and is only +7.7% YTD. It compares unfavorably with the “Multi-bagger” Portfolio, however, which was +2.9% last week and is now +27.2% YTD.

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