3 Poor Quarterly Financials Sink Cannabis LP Index

Our Cannabis LP Stocks Index continues to decline - down 61% in 2021, down 71% in 2022, down 65% in 2023. And it's already down 6% so far in 2024.

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The munKNEE Canadian Cannabis LP Stocks Index continues to decline. It went down 61% in 2021, down 71% in 2022 and down 65% in 2023 and is already down 6% so far in 2024.

Below are this week's performances of the 5 LPs in the Index, in descending order, and YTD, along with any recent  news, commentary and/or analysis on each company.

  1. Cronos Group (CRON): up 2.7% this week; up 8.6% YTD
  2. Tilray Brands (TLRY): up 2.1%  this week; down 16.5% YTD
  3. Organigram Holdings (OGI): down 4.4% this week; up 66.4% YTD
  4. Canopy Growth (CGC): down 5.0% this week; down 25.3% YTD
  5. Aurora Cannabis (ACB): down 9.3% this week; down 18.8% YTD

In Summary

The munKNEE Canadian Cannabis LPs Index is down 2.2% this week and is now down 6.3% YTD.


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