This pink word list is from the NAMC Early Childhood Language Arts Teacher Training Manual. You can create your own by making a list of CVC (consonant-vowel-consonat) words. The students sound out the letters and read the words. Montessori Print Shop has pink word lists http://www.shop.montessoriprintshop.com/Pink-Word-Lists-LF-1c.htm. Homemade Montessori also has some word lists and other pink materials to print http://homemademontessori.blogspot.com/2008/10/pink-series-word-lists-pictures-and.html
As an extension I have the students write the words on a word paper so they can practice handwriting and then they are able to take the word list home so they can read the words to their families.