American MSO Pot Stock Index Dropped To 52-Week Low Yesterday

As was the case with the Canadian Pure-play LP Pot Stock Index yesterday (see here) the American MSO Pot Stock Index also dropped precipitously (-7.0%)  to a 52-week low. Here are the details:

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 yesterday (Monday), in the 6 weeks since the end of April (specifically, since April 29th) and YTD, in descending order:

  1. Jushi (JUSHF): +0.7% today; -37.2% since the end of April; -54.8% YTD
    • Chance of Financial Distress in the next 2 years: +70%
    • Analyst Consensus: None following JUSHI
    • Latest Analyses/Commentaries: Go here
  2. Trulieve (TCNNF): -5.1%; -7.8% since the end of April; -48.9% YTD
    • Chance of Financial Distress in the next 2 years: +66%
    • Analyst Consensus: 24 stock analysts currently rate TCNNF as a BUY
    • Recent Analysis/Commentary: Go here
  3. Verano (VRNOF): -5.7%; -5.1% since the end of April; -40.6% YTD
    • Chance of Financial Distress in the next 2 years: +63%
    • Analyst Consensus: None following VRNOF
    • Recent Analysis/Commentary: Go here
  4. Cresco (CRLBF): -5.7%; -24.5% since the end of April; -46.2% YTD
    • Chance of Financial Distress in the next 2 years: +74%
    • Analyst Consensus: None following CRLBF
    • Recent Analysis/Commentary: Go here
  5. Ayr Wellness (AYRWF): -7.5%; -25.0% since the end of April; -64.1% YTD
    • Chance of Financial Distress in the next 2 years: *77%
    • Analyst Consensus: none following AYRWF
    • Recent Analysis/Commentary: Go here
  6. Green Thumb (GTBIF): -7.8%; -28.2% since the end of April; -54.3% YTD
    • Chance of Financial Distress in the next 2 years: less than 12%
    • Analyst Consensus: 23 stock analysts currently rate GTBIF as a BUY
    • Recent Analysis/Commentary: Go here
  7. Ascend Wellness (AAWH): -8.2%; -20.3% since the end of April; -60.6% YTD
    • Chance of Financial Distress in the next 2 years: +77%
    • Analyst Consensus: 5 stock analysts currently rate AAWH as a BUY
    • Recent Article Analyses/Commentaries: Go here
  8. Columbia Care (CCHWF): -8.3%; -24.5% since the end of April; -46.2% YTD
    • Chance of Financial Distress in the next 2 years: +70%
    • Analyst Consensus: None following CCHWF
    • Recent Article Analyses/Commentaries: Go here
  9. Curaleaf (CURLF): -8.3%; -5.9% since the end of April; -38.3% YTD
    • Chance of Financial Distress in the next 2 years: +56%
    • Analyst Consensus: 22 stock analysts currently rate CURLF as a BUY
    • Recent Analysis/Commentary: Go here
  10. TerrAscend (TRSSF): -8.5%; -29.3% since the end of April; -45.6% YTD
    • Chance of Financial Distress in the next 2 years: +66%
    • Analyst Consensus: None following TRSSF
    • Recent Analyses/Commentaries: Go here
  11. Goodness Growth (GDNSF): -10.7%; -10.0% since the end of April;  -11.7% YTD
    • Chance of Financial Distress in the next 2 years: +73%
    • Analyst Consensus: None following GDNSF
  12. Acreage (ACRDF/ACRHF): -11.0%; -25.9% since the end of April; -31.6% YTD
    • Chance of Financial Distress in the next 2 years: +77%
    • Analyst Consensus: None following Acreage
    • Recent Analysis/Commentary: Go here
  13. Planet 13 (PLNHF): -12.7%; -26.8% since the end of April; 55.7% YTD
    • Chance of Financial Distress in the next 2 years:  32%
    • Analyst Consensus: 10 stock analysts currently rate PLNHF as a BUY
    • Recent Analysis/Commentary: Go here

The American Pure-play MSO Pot Stock Index went DOWN 7.0% yesterday and is now DOWN 18.7% since the end of April and DOWN 50.1% YTD.

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