American Cannabis MSO Stocks Jumped 11.6% Last Week

As expected, the 7 stocks in the American Cannabis MSO Stocks Index have rebounded from the tax-loss sell-off that occurred in December.

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As expected, the 7 stocks in the American Cannabis MSO Stocks Index have rebounded from the tax-loss sell-off that occurred in December as investors sold their losers so they could offset the gains realized in other investments. Below are their performances last week, in descending order:

  1.  Cresco Labs (CRLBF): UP 32.6% 
  2. Ayr Wellness (AYRWF): UP 23.9%  
  3. TerrAscend Corp. (TSNDF): UP 16.0%
  4. Trulieve Cannabis (TCNNF): UP 14.4% 
  5. Curaleaf Holdings (CURLF): UP 12.3% 
  6. Verano Holdings (VRNOF): UP 10.2%  
  7. Green Thumb (GTBIF): UP 5.5% 
     

 Summary

The non-tradable munKNEE American Cannabis MSOs Index was UP 11.6% last week which was exactly the same as the AdvisorShares Pure US Cannabis ETF (MSOS), and is now UP 23.9% from its December 2022, value.


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