Cannabis MSO Stocks Surge: Up 10% Last Week; Up 35% MTD

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The 7 stocks in the munKNEE American Cannabis MSO Stocks Index have jumped a full 35%, on average, from the tax-loss sell-off that occurred in the latter part of December and the bounce continued last week advancing 10.3%.

Below are their performances for last week, in descending order, and MTD along with any recent news, commentary, and/or analysis on each company

1. Trulieve Cannabis (TCNNF): UP 27.9% last week; UP 66.1% MTD
   • recent news, commentary, and/or analysis: None
2. Verano Holdings (VRNOF): UP a5.7% last week; UP 34.8% MTD
   • recent news, commentary, and/or analysis:
     • Verano Announces the Opening of Zen Leaf Abington, the Company’s Largest Dispensary Nationwide, in Prime New Philadelphia Area Location
3. Ayr Wellness (AYRWF): UP 9.4% last week; UP 81.7% MTD
   • recent news, commentary, and/or analysis: None
4. TerrAscend Corp. (TSNDF): UP 6.2% last week; UP 27.0% MTD
   • recent news, commentary, and/or analysis: None
5. Curaleaf Holdings (CURLF): UP 4.5% last week; UP 23.1% MTD
   • recent news, commentary, and/or analysis:
     • Shareholders in Curaleaf Holdings are in the red
6. Green Thumb (GTBIF): UP 3.5% last week; UP 17.5% MTD
   • recent news, commentary, and/or analysis:
     • Green Thumb Industries to Hold Q4 and FY 2023 Earnings Conference Call on February 28th
7. Cresco Labs (CRLBF): UP 0.5% last week; UP 45.9% MTD
   • recent news, commentary, and/or analysis: None

 Summary

The non-tradable munKNEE American Cannabis MSOs Index was UP 10.3% last week on top of a 5.0% increase the previous week and is now UP 35.0% MTD.

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