The cohort of 33 pot (and pot-adjacent) stocks tracked by Stockhead followed the broader market higher in April, as the ASX200 climbed 8.8 per cent to post its best monthly gain in 32 years.

The big news in cannabis this week came in the form of a key regulatory development, as Australian health authorities opened the door for over-the-counter sales of CBD products in Aussie pharmacies.

The Therapeutic Drug Administration (TGA) is taking submissions until May 22, as it moves towards a decision on whether to classify pure CBD (with 2 per cent or less other cannabinoids) products as a pharmacist-only medicine.

Turning to this week’s price action, and again it was mostly green as 23 ASX pot stocks posted a weekly gain while only six lost ground.

That saw average falls across the sector on a yearly basis edge higher to -38 per cent, up from -42 per cent on April 15 as investors dip their toes back in the water following the 2019 bear market rout.

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
BOT BOTANIX PHARMACEUTICALS LTD 0.047 -55% 32% $43.8M
MRG MURRAY RIVER ORGANICS GROUP 0.012 -75% 22% $24.3M
EVE EVE INVESTMENTS LTD 0.006 0% 20% $22.4M
IDT IDT AUSTRALIA LTD 0.16 3% 15% $37.1M
ESE ESENSE-LAB LTD-CDI 0.008 -65% 14% $1.5M
AGH ALTHEA GROUP HOLDINGS LTD 0.405 -25% 13% $88.7M
EOF ECOFIBRE LTD 2.88 21% 10% $840.9M
CPH CRESO PHARMA LTD 0.068 -85% 10% $15.3M
PAL PALLA PHARMA LTD 0.68 -46% 9% $85.6M
SCU STEMCELL UNITED LTD 0.013 -24% 8% $8.3M
CAU CRONOS AUSTRALIA LTD 0.11 -78% 8% $12.5M
CAN CANN GROUP LTD 0.9 -62% 7% $131.2M
EXL ELIXINOL GLOBAL LTD 0.385 -92% 7% $53.1M
ECS ECS BOTANICS HOLDINGS LTD 0.032 -68% 7% $16.2M
RNO RHINOMED LTD 0.08 -61% 7% $13.5M
MDC MEDLAB CLINICAL LTD 0.235 -33% 6% $58.3M
LSH LIFESPOT HEALTH LTD 0.036 -41% 6% $3.2M
AC8 AUSCANN GROUP HOLDINGS LTD 0.195 -47% 5% $61.8M
CP1 CANNPAL ANIMAL THERAPEUTICS 0.1 -31% 5% $9.3M
MMJ MMJ GROUP HOLDINGS LTD 0.13 -43% 4% $29.9M
THC THC GLOBAL GROUP LTD 0.32 -37% 3% $45.0M
SUD SUDA PHARMACEUTICALS LTD 0.049 -33% 2% $6.8M
BDA BOD AUSTRALIA LTD 0.27 -12% 2% $23.3M
IHL IMPRESSION HEALTHCARE LTD 0.05 136% 0% $37.3M
YPB YPB GROUP LTD 0.003 -67% 0% $5.1M
ZLD ZELIRA THERAPEUTICS LTD 0.047 15% 0% $44.7M
EN1 ENGAGE:BDR LTD 0.012 -73% 0% $10.7M
DTZ DOTZ NANO LTD 0.04 -41% -4% $13.1M
ROO ROOTS SUSTAINABLE AGRICU-CDI 0.019 -74% -5% $2.7M
WOA WIDE OPEN AGRICULTURE LTD 0.14 -7% -7% $9.9M
RGI ROTO-GRO INTERNATIONAL LTD 0.072 -68% -7% $10.4M
MXC MGC PHARMACEUTICALS LTD 0.028 -39% -7% $39.0M
APH AUSTRALIAN PRIMARY HEMP LTD 0.1 -55% -20% $7.0M

Leading the pack this week was Botanix Pharmaceuticals (ASX:BOT), which got a regulatory boost itself after one of its drug candidates — cannabinoid-based antibacterial microbe BTX1801 — was given product designation status by the US Food & Drug Administration (FDA).

The treatment was classified as a Qualified Infectious Disease Product (QIDP), which gives it eligibility for fast-track approvals and priority FDA review.

Botanix said it was the first cannabinoid-based program to receive the designation, which was issued as a result of “solid pre-clinical research that demonstrates BTX 1801 has the potential to prevent post-surgical infections”.