12 Largest American Cannabis MSO Stocks Up 7% This Week

The munKNEE American Cannabis MSOs Index tracks the 12 largest vertically integrated multi-state operators (MSOs) by market capitalization (i.e. those in excess of  $100M). Due to the lack of federal legality cannabis products grown in one state cannot be sold in another state. However, given that medical cannabis will most likely become legal federally within the decade, it is important that cannabis companies establish brands that have strong consumer acceptance and name recognition within the states that they operate in so they are well-positioned to be successful on the national stage when the roll-out begins. As such, it is important to keep track of how well the major players are doing at the state level in growing their sales and profits

Below are the performances of the constituents in the Index this week, 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. TerrAscend (TRSSF): UP 19.2% this week; UP 35.5% YTD
  2. Acreage (ACRDF/ACRHF): UP 14.2% this week; UP 60.8% YTD 
  3. Green Thumb (GTBIF): UP 13.9% this week; UP 1.3% YTD
  4. Verano (VRNOF): UP 11.2% this week; UP 2.9% YTD
  5. Ascend (AAWH): UP 6.2% this week; UP 6.2% YTD
  6. Cresco Labs (CRLBF): UP 5.6% this week; UP 7.4% YTD
  7. Curaleaf (CURLF): UP 2.7% this week; DOWN 1.3% YTD
  8. Trulieve (TCNNF): UP 2.3% this week; DOWN 12.3% YTD
  9. Planet 13 (PLNHF): No Change this week; UP 30.4% YTD
  10. Columbia Care (CCHWF): No Change this week; DOWN 2.7% YTD
  11. Ayr (AYRWF): DOWN 1.6% this week; UP 5.0% YTD
  12. Jushi (JUSHF): DOWN 9.2% this week; DOWN 20.3% YTD

The munKNEE American Cannabis MSO Stocks Index was UP 7.3% this week and is now UP 2.0% YTD. In comparison, the munKNEE  Canadian Cannabis LP Stocks Index only went UP 0.1% this week and is now UP 15.9% YTD.

More By This Author:

A Comparison Of 7 Cannabis Portfolio Performances YTD And Last Week
The "Rags-To-Riches" Portfolio Update: Week Ending January 27
The "Multi-Bagger" Portfolio Update: Week Ending January 27

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