Largest Cannabis LPs Up 8% This Week; Now +13% YTD

This article tracks the performance of the 5 largest vertically integrated (i.e. seed-to-sale) licensed producers by market capitalization and presents links to summary articles on their latest quarter financial results and a link to a recent article which highlights the financial health of each constituent.

Below is how the constituents performed this week, in descending order, and since the beginning of 2023:

1. OrganiGram (OGI): UP 20.7% this week; UP 26.9% since the beginning of 2023
   • Read: Organigram Reports A Net Profit In Q1
2. Aurora (ACB): UP 14.8% this week; UP 13.5% since the beginning of 2023
   • Read: Aurora Cannabis Q1 Financials Show Improvement: Stock Jumps 18%
3. Canopy Growth (CGC): UP 9.2% this week; UP 14.5% since the beginning of 2023
   • Read: Canopy Growth Q2 Financial Report: Loss In Net Income Reduced Dramatically
4. Tilray (TLRY): UP 7.8% this week; UP 19.1% since the beginning of 2023
   • Read: Tilray Brands: Q2 Financial Metrics All Declined
5. Cronos (CRON): No Change this week; UP 0.8% since the beginning of 2023
   • Read: Cronos Group Q3 Financial Report Disappointing: Stock Declines 10%

In total, the munKNEE Canadian Cannabis LPs Index went UP 7.8% this week and is now UP 13.0% YTD but is DOWN 20.1% since the end of November, 2022. The munKNEE  American Cannabis MSO Stocks Index, in comparison, went DOWN 1.4% this week, but is still UP 3.5% YTD and still DOWN 40.6% since the end of November, 2022. 

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More By This Author:

Organigram Reports A Net Profit In Q1
Tilray Brands: Q2 Financial Metrics All Declined
Cannabis Category Performances Ranged From +5% To -3% Last Week