American Cannabis MSOs Stabilized This Week But Still -45% YTD
The American MSO Pot Stock Index consists of the 13 largest pure-play, vertically integrated multi-state operators whose stocks trade for at least US$1/share, have a market cap of at least US$200M (Goodness Growth is less but will soon be owned by, and incorporated into, Verano), and trade on one or more of the Canadian and/or American stock exchanges.
Below is how the 13 constituents performed last week, in the 5 weeks since the end of April and YTD, in descending order:
- Goodness Growth (GDNSF): +13.5% this week; No Change since the end of April; -1.8% YTD
- Chance of Financial Distress in the next 2 years: +70%
- Analyst Consensus: None following GDNSF
- Verano (VRNOF): +9.2%; +2.4% since the end of April; -35.9.% YTD
- Planet 13 (PLNHF): +5.4%; -12.3% since the end of April; -47.0% YTD
- Acreage (ACRDF/ACRHF): +1.9%; -16.7% since the end of April; -23.2% YTD
- TerrAscend (TRSSF): +1.6%; -20.2% since the end of April; -38.6% YTD
- Trulieve (TCNNF): +1.0%; +1.5% since the end of April; -43.7% YTD
- Curaleaf (CURLF): +0.2%; +3.4% since the end of April; -32.2% YTD
- Ascend Wellness (AAWH): -0.3%; -8.0% since the end of April; -54.5% YTD
- Cresco (CRLBF): -1.1%; -15.9% since the end of April; -44.5% YTD
- Green Thumb (GTBIF): -2.7%; -22.0% since the end of April; -50.8% YTD
- Ayr Wellness (AYRWF): -3.7%; -18.7% since the end of April; -61.1% YTD
- Jushi (JUSHF): -6.2%; -29.1% since the end of April; -48.9% YTD
- Columbia Care (CCHWF): -6.3%; -11.8% since the end of April; -37.1% YTD
- Chance of Financial Distress in the next 2 years: 67%
- Analyst Consensus: None following CCHWF
The American Pure-play MSO Pot Stock Index was +0.6% this week and is now -10.2% since the end of April and -44.8% YTD.
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