Cannabis stocks from the Global Cannabis Stock Index surged 116.4% in August, rising from 6.97 to 15.08 points. Year-to-date, the index shows an increase of 80.4%, compared to 8.36 points at the beginning of the year. The strongest performer of the month was Verano Holdings (OTC: VRNOF | CSE: VRNO), skyrocketing by 200.3%. On the other hand, the weakest performer was Jushi Holdings (OTC: JUSHF | CSE: JUSH), with a 34.3% increase.

In September, the index will welcome two new members: Ascend Holdings (OTC: AAWH | CSE: AAWH.U) and Planet 13 (OTC: PLNH | CSE: PLTH).

Cannabis Ancillary Index Grows by 21.9%

Cannabis ancillary assets saw a 21.9% increase in August, with the index rising from 11.02 to 13.43 points. However, the year-to-date change shows a decrease of 2.5%, dropping from 13.77 to current levels.

Highlights include:

- GrowGeneration (NASDAQ: GRWG) was the strongest performer, rising by 81.8%;

- Scotts Miracle-Gro (NYSE: SMG) declined by 7.2%, being the weakest in the group;

- In September, NewLake Capital (OTC: NLCP) will rejoin the index.

Canadian LPs Advance by 31.8%

The Canadian Cannabis LP Index surged by 31.8% in August, going from 56.25 to 74.16 points. Year-to-date, the increase is 48%, compared to 50.11 points at the beginning of 2025. The most notable performer was Tilray Brands (NASDAQ: TLRY | TSX: TLRY), soaring by 139.2%. Conversely, Adastra Holdings (CSE: XTRX) was the weakest, with a 30.6% decline.

Global Cannabis Stock Index Accumulates Gains

The Global Cannabis Stock Index, currently with 23 members, rose by 12.5% in 2025 through August. In the 3rd quarter, the increase reached 54.2%. Nevertheless, since the peak in February 2021, the index has accumulated a 91.6% decline from the all-time high of 92.48 points.

Top August Gains

- Tilray Brands (NASDAQ: TLRY | TSX: TLRY): +137.6%;

- Village Farms (NASDAQ: VFF): +130.3%;

- Trulieve (OTC: TCNNF | CSE: TRUL): +102.3%.

Year-to-date, TLRY shows a slight increase, VFF has a significant advance, and TCNNF totals 69.8%.

Top August Declines

- iPower (NASDAQ: IPW): -25.1%;

- Cannabis IM (NASDAQ: IMCC): -11.5%;

- Scotts Miracle-Gro (NYSE: SMG): -2.3%.

All three stocks have year-to-date losses, with IPW notably experiencing a significant decline.

With information from New Cannabis Ventures