7 Largest American Cannabis Stocks Advanced 13.5%, On Average, This Week
The 7 largest American multi-state operator cannabis companies in the U.S., as tracked in our munKNEE American Cannabis MSOs Index, are ranked below as to their stock performances this week and YTD.
- Curaleaf (CURLF): up 29.0% this week and is now up 2.3% YTD
- Trulieve (TCNNF): up 23.4% this week but is still down 35.7% YTD
- Verano (VRNOF): up 10.8% this week but is now up 2.1% YTD
- Green Thumb (GTBIF): up 8.9% this week but is still down 1.5% YTD
- Cresco Labs (CRLBF): up 8.7% this week but is still down 6.9% YTD
- Columbia Care (CCHWF): up 2.3% this week but is still down 40.0% YTD
- TerrAscend (TSNDF): down 4.4% this week but is still up 57.3% YTD
- its common shares previously trading on the OTC Market under the ticker symbol “TRSSF” began trading on the OTC Market under the ticker symbol “TSNDF” effective July 6, 2023 to align with the Company's recent TSX listing under the ticker symbol “TSND” on the Toronto Stock Exchange..
If you are interested in any of the above stocks click on the stock symbol for detailed information from TalkMarkets and read my past articles on MSOs (see here).
Summary
The munKNEE American Cannabis MSOs Index was up 13.5% this week but is still down 8.8% YTD while, in comparison, the 5 constituents in the munKNEE Canadian Cannabis LPs Index were only up 4.3%, on average, this week and are now down 45.2% YTD. read Canadian Cannabis LPs Index Advanced This Week
If you are interested in buying a basket of American cannabis multi-state operator stocks, consider the AdvisorShares Pure U.S. Cannabis ETF (MSOS) that consists of the above 7 highlighted stocks plus an additional 41 smaller cap such stocks. It was up 12.8% this week but is still down 10.6% YTD.
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Disclosure: None
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