Largest Cannabis MSOs Down Last Week; Remain Up YTD

The munKNEE American Cannabis MSOs Index tracks the 12 largest vertically integrated (i.e. seed-to-sale) multi-state operators by market capitalization, and it went DOWN 1.4% last week but remains UP 3.5% YTD.

Below are the performances of the constituents in the Index for the week-ending January 13th, in descending order, and YTD. Also presented are links to summary articles on their latest quarter financial results and a link to a previous article that highlights the financial health of each constituent.

1. Acreage** (ACRDF/ACRHF): UP 14.9% last week; UP 35.0% YTD 
   • Read: Acreage Reports Third Quarter 2022 Financial Results
2. Planet 13** (PLNHF): UP 11.1% last week; UP 47.1% YTD
   • Read: Planet 13 Financial Metrics In Q3 All Declined
3. TerrAscend* (TRSSF): UP 5.6% last week; UP 36.4% YTD
   • Read: TerrAscend Q3 Financial Report Reveals Major Declines In Income And EBITDA
4. Jushi** (JUSHF): UP 2.7% last week; UP 2.7% YTD
   • Read: Jushi Holdings Releases Mixed Preliminary Q3 Financials
5. Cresco Labs* (CRLBF): UP 0.5% last week; UP 12.0% YTD
   • Read: Cresco Labs Q3 Financials Show No Improvement Over Q2 Results
6. Trulieve* (TCNNF): DOWN 1.4% last week; DOWN 4.1% YTD
   • Read: Trulieve Cannabis Q3 Financials Were Down But Stock Price Jumps
7. Verano* (VRNOF): DOWN 2.6% last week; DOWN 2.6% YTD
   • Read: Verano Q3 Financial Report Reveals Major Increase In Net Loss
8. Green Thumb* (GTBIF): DOWN 3.3% last week; DOWN 1.5% YTD
9. Ascend** (AAWH): DOWN 4.8% last week; UP 7.7% YTD
   • Read: Ascend Wellness Q3 Report: Record Revenue, Adjusted Gross Profit, And EBITDA Margin
10. Columbia Care (CCHWF): DOWN 4.9% last week; UP 2.7% YTD
    • Read: Columbia Care Reports Third Quarter 2022 Results
11. Curaleaf* (CURLF): DOWN 5.2% last week; UP 2.3% YTD
    • Read: Curaleaf Q3 Report Reveals +80% Decrease In Net Profit
12. Ayr** (AYRWF): DOWN 6.0% last week; UP 4.1% YTD

* These six companies have market capitalizations in excess of $400M and are constituents in munKNEE's upcoming My "Rags-to-Riches" Portfolio for 2023; articles tracking its performance should commence the third week of January, 2023. **These five companies have market capitalizations in excess of $100M and are constituents in munKNEE's upcoming A Multi-bagger" Portfolio for 2023; articles tracking its performance will commence the third week of January, 2023.

The munKNEE American Cannabis MSO Stocks Index was DOWN 1.4% last week but the index is UP 3.5% YTD. Of interest, the munKNEE  Canadian Cannabis LP Stocks Index went UP 7.8% last week and is now UP 13.0% YTD. 

---

More By This Author:

Largest Cannabis LPs Up 8% This Week; Now +13% YTD
A "Multi-Bagger" Portfolio For 2023 - Introduction
Organigram Reports A Net Profit In Q1