"Rags-To-Riches" Portfolio Down 8% Last Week

The "Rags-to-Riches" Portfolio consists of 14 cannabis, psychedelic and plant-based food stocks with market capitalizations of at least $400M, and trading for at least $1/share. It's holding above water YTD but was not able to hang onto last week's gains.

Below are how the various portfolio categories and constituents therein have performed year-to-date and performed last week.

1. American Cannabis MSO constituents:
   • Cresco (CRLBF): + 2.9% YTD, -4.3% last week;
   • Curaleaf (CURLF): -4.1% YTD, -2.8% last week;
   • Green Thumb (GTBIF): -0.7% YTD, -2.0 % last week;
   • TerrAscend (TRSSF): +38.2% YTD, +2-0% last week;
   • Trulieve (TCNNF): -17.1% YTD, -5.4% last week; and
   • Verano (VRNOF): -2.6% YTD, -5.4% last week;
     • In total: -4.3% YTD; Last week: -3.4%
2. Canadian Cannabis LP constituents: 
   • Canopy Growth (CGC): +0.4% YTD, -21.9% last week; 
   • Cronos (CRON): -9.9% YTD, -8.8% last week; and
   • Tilray (TLRY): +6.4% YTD; -11.3% last week.
     • In total: -0.9% YTD; Last week: -14.2%
3. Psychedelic Drug Stock constituents:
   • Atai (ATAI): -32.2% YTD, -6.4% last week; 
   • Compass Pathways (CMPS): +21.3% YTD, -7.9% last week and
   • GH Research (GHRS): +5.1% YTD; +10.1% last week
     • In total: +6.6% YTD; Last week: No Change
4. Plant-Based Food Stock constituents:
   • Beyond Meat (BYND): +30.1% YTD. -17.7% last week; and
   • Oatly Group (OTLY): +20.1% YTD, -20.5% last week
     • In total: +28.9% YTD; Last week: -18.0%

Total Portfolio Performance: +6.2% YTD; Last week -7.8%

The munKNEE "Rags-to-Riches" Portfolio continues to underperform our munKNEE "Multi-bagger" Portfolio, which is still up 21.6% YTD although down 4.4% last week.

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