For ASX investors, the focus remains on which companies can execute within Australia’s tightly-regulated medicinal cannabis sector.

But for this edition of Weed Week, we came across a story out of Nottingham, UK, with more of a natural lean.

READ: User growth is still climbing, but a price war may be heating up in Australia’s cannabis market

It centres around a police discovery, where local officers came across a nursery of 20 marijuana plants growing naturally in Watnall Wood forest.

The Nottingham Post reports that all 20 plants had labels tied to them that said “Candy”, which one of the officers linked back to the American marijuana plant known as “Kandy Kush” — a potent strain that can be grown outdoors.

A drainage system had been set up while the nursery was fenced off with chicken wire, but police have so far been unable to determine who was behind the Watnall weed farm.

With UK citizens confined to their homes, the report said Nottingham police had seized around £3m (~$5.5m) worth of cannabis plants in May, an increase of around 280 per cent from May 2019.

Back in Australia, the cohort of 34 (strictly medicinal) cannabis stocks tracked by Stockhead on the ASX struggled for traction over the past week, as markets remain delicately poised following a strong three-month rally.

Only six stocks posted a gain last week, while a further seven traded flat and 21 lost ground.

Below is a summary of weekly and annual price performance for ASX-listed cannabis stocks

Scroll or swipe to reveal table. Click headings to sort.

Code Name Price ($) 1Y Tot Ret 1W Tot Ret Market Cap
ESE ESENSE-LAB LTD (CDI) 0.018 5.3% 42.9% $3.8M
CP1 CANNPAL ANIMAL THERAPEUTICS 0.12 -14.3% 20.0% $11.2M
CAU CRONOS AUSTRALIA LTD 0.084 -84.0% 13.3% $10.9M
BDA BOD AUSTRALIA LTD 0.295 15.7% 11.3% $27.0M
MMJ MMJ GROUP HOLDINGS LTD 0.115 -50.0% 4.3% $27.6M
IDT IDT AUSTRALIA LTD 0.16 3.2% 3.2% $38.3M
IHL IMPRESSION HEALTHCARE LTD 0.048 28.9% 0.0% $35.8M
YPB YPB GROUP LTD 0.002 -66.7% 0.0% $3.4M
EN1 ENGAGE:BDR LTD 0.006 -83.3% 0.0% $5.9M
EXL ELIXINOL GLOBAL LTD 0.18 -94.5% 0.0% $35.7M
EVE EVE INVESTMENTS LTD 0.006 0.0% 0.0% $22.4M
SUD SUDA PHARMACEUTICALS LTD 0.042 -58.0% 0.0% $6.0M
RGI ROTO-GRO INTERNATIONAL LTD 0.06 -60.0% 0.0% $8.9M
BOT BOTANIX PHARMACEUTICALS LTD 0.044 -76.1% -2.3% $41.8M
WOA WIDE OPEN AGRICULTURE LTD 0.41 272.7% -2.4% $33.6M
LGP LITTLE GREEN PHARMA 0.355 NA -2.7% $24.1M
AGH ALTHEA GROUP HOLDINGS LTD 0.36 -64.7% -2.7% $82.8M
CAN CANN GROUP LTD 0.91 -52.2% -4.2% $130.0M
PAL PALLA PHARMA LTD 0.8 -17.8% -4.3% $98.9M
MXC MGC PHARMACEUTICALS LTD 0.022 -58.5% -4.3% $34.7M
ZLD ZELIRA THERAPEUTICS LTD 0.054 35.0% -5.3% $52.5M
ROO ROOTS SUSTAINABLE AGRICU-CDI 0.017 -74.2% -5.6% $2.7M
EOF ECOFIBRE LTD 2.33 13.0% -7.1% $740.2M
APH AUSTRALIAN PRIMARY HEMP LTD 0.135 -45.5% -7.7% $8.4M
ECS ECS BOTANICS HOLDINGS LTD 0.022 -78.0% -8.3% $11.2M
RNO RHINOMED LTD 0.08 -68.1% -8.5% $12.8M
LSH LIFESPOT HEALTH LTD 0.032 -64.0% -8.6% $3.1M
AC8 AUSCANN GROUP HOLDINGS LTD 0.16 -56.9% -8.8% $49.1M
CPH CRESO PHARMA LTD 0.0395 -91.5% -8.9% $13.4M
SCU STEMCELL UNITED LTD 0.012 -20.0% -14.3% $7.7M
MRG MURRAY RIVER ORGANICS GROUP 0.013 -69.2% -14.3% $26.7M
THC THC GLOBAL GROUP LTD 0.32 -28.1% -15.8% $46.7M
MDC MEDLAB CLINICAL LTD 0.15 -60.6% -20.0% $37.9M
CGB CANN GLOBAL LTD 0.007 -83.8% -25.0% $20.3M

Key updates in the sector were relatively thin on the ground this week, but leading the pack was plant-extraction company eSense (ASX:ESE), who’s product range includes a line of cannabis terpenes.

eSense stock was up by more than 40 per cent this week on the back of some positive deal-flow, with the announcement of two new partnerships utilising its extraction technology in the production of beauty products and an ethanol-based sanitiser solution.

At Stockhead, we tell it like it is. While eEsense is a Stockhead advertiser, it did not sponsor this article.