Cannabis LP Update: Decline Of 11% This Week, Largely Due To Aurora's 16% Drop

person holding white flower during sunset

Image Source: Unsplash

Introduction

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 20% 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.

The munKNEE Canadian Cannabis LP Stocks Index

  1. Cronos Group (CRON): down 1.3% this week; up 6.7% YTD
  2. Organigram Holdings (OGI): down 7.3% this week; up 54.2% YTD
  3. Tilray Brands (TLRY): down 8.3% this week; down 23.5% YTD
  4. Canopy Growth (CGC): down 14.7% this week; down 36.2% YTD
  5. Aurora Cannabis (ACB): down 16.4% this week; down 21.0% YTD

In Summary

The munKNEE Canadian Cannabis LPs Index is down 11.1% this week and is now down 20.3% YTD.


More By This Author:

7 Largest Cannabis MSO Stocks Jumped 8% This Week
Smallest QC Stocks Had Largest Returns Last Week
U.S. Semiconductor Production Continues To Grow Thanks To CHIPS Act

Disclosure: None

This article has been composed with the exclusive application of the human intelligence (HI) of the author. No artificial intelligence (AI) technology has been deployed. ...

more
How did you like this article? Let us know so we can better customize your reading experience.

Comments

Leave a comment to automatically be entered into our contest to win a free Echo Show.
Or Sign in with