November Recap: Conservative “Cannabis” Stocks Index Up 8%

Space Grey Ipad Air With Graph on Brown Wooden Table 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 in descending order as to their performances in November along with their latest news.Conservative “Cannabis” Stocks Index

Anheuser-Busch InBev (BUD): UP 19.0%

has a $100 million joint venture with Tilray (TLRY)
has a dividend yield of 1.30%
Read: How Bud Light Won UFC Back: Global Ambition Meets a Worldwide Footprint

Imperial Brands (IMBBY): UP 11.2%

has a 19.9% stake in Auxly Cannabis Group (CBWTF)
has a dividend yield of 7.40%
Read: Imperial Brands PLC’s Dividend Analysis

British American Tobacco (BTI): UP 10.5%

- has a C$346M product development partnership with Organigram Holdings (OGI)
- has a dividend yield of 8.87%
- Read: Better Stock Buy: Altria vs. British American Tobacco

Altria Group (MO): UP 7.0%

has a 45% stake in Cronos Group (CRON)
has a dividend yield of 9.20%
Read: Here’s Why Altria Group (NYSE:MO) Has Caught The Eye Of Investors

Constellation Brands (STZ): UP 4.7%

has a 39% stake in Canopy Growth (CGC)
has a dividend yield of 1.47%
Read: Here’s Why Constellation Brands (STZ) Marches Ahead of Industry

SummaryThe munKNEE Conservative “Cannabis” Stocks Index went UP 7.8% in November and is now only DOWN 0.06% YTD. In addition, the stocks in the Index now have an average dividend yield of 3.22%.More By This Author:November Recap: Psychedelic Drug Stocks Index Driven 30% Higher By Incannex
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