The "Seed-To-Sale" Pot Stocks Index Was -10.7% Last Week And Is Now -29.8% YTD

The munKNEE Pure-Play "Seed-to-Sale" Pot Stocks Index declined -10.7% last week and is now DOWN -29.8% YTD. Below are the specifics by constituent.

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The "Seed-to-Sale" Pot Stocks Index consists of the 23 non-ancillary (i.e. pure-play) vertically integrated cannabis companies whose stocks trade for at least US$1/share, have a market cap of at least US$300M and trade on one or more of the Canadian and/or American stock exchanges. Six of the 23 index constituents that meet that criteria are Canadian Licensed Producers (LPs) and 17 are American Multi-State Operators (MSOs) and those 23 companies represent 10% of the total universe of 218 cannabis and ancillary companies currently trading.

ALL but one constituent went DOWN further last week with 8 going down between 5% and 10% and 11 doing so by 10% or more, as follow, in descending order: (* designates an MSO stock; ** designates a LP stock) 

1. Aurora** (ACB): +0.4%
2. Gage* (GAGE): -3.9%
3. Verano* (VRNOF): -4.0%
4. Columbia Care* (CCHWF): -4.8%
5. TerrAscend* (TRSSF): -5.3%
6. 4Front Ventures* (FFNTF): -5.6%
7. Acreage* (ACRDF/ACRHF): -6.1%
8. Goodness Growth* (GDNSF): -6.2%
9. Jushi* (JUSHF): -7.3%
10. Curaleaf* (CURLF): -7.9%
11. Trulieve* (TCNNF): -9.3%
12. Cresco* (CRLBF): -9.4%
13. Cronos** (CRON): -10.9%
14. Green Thumb* (GTBIF): -11.0%
15. Ascend Wellness* (AAWH): -11.9%
16. Planet 13* (PLNHF: -12.5%
17. Canopy Growth** (CGC): -14.5%
18. Charlotte's Web* (CWBHF): -14.7%
19. Tilray** (TLRY): -15.3%
20. Organigram** (OGI): -15.7%
21. Ayr Wellness* (AYRWF): -17.5%
22. Hexo** (HEXO): - 21.0%
23. Valens* (VLNCF): -26.7%

In summary, 5 of the 6 Canadian Licensed Producers** went DOWN an average of -11.8% last week while all 17 of the American Multi-State Operators* went DOWN an average of -10.4%.