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The 7 largest multi-state operator cannabis companies in the U.S., as tracked in our munKNEE American Cannabis MSOs Index, are ranked below, in descending order, as to their stock performances as of August 11th (MTD) and YTD.

1. TerrAscend (TSNDF): UP 20.7% MTD; UP 53.6% YTD
   •  Read: TerrAscend's Q2 Financial Report Metrics Were Up Across The Board
2. Columbia Care (CCHWF): UP 2.4% MTD; DOWN 42.7% YTD
   • Read: Columbia Care Reported Favorable Q2 Financial Results Today
3. Trulieve (TCNNF): UP 1.0% MTD; DOWN 46.4% YTD
   • Read: Trulieve Q2 Revenue Plummeted 531% To $404M Loss
4. Verano (VRNOF): UP 0.7% MTD; DOWN 9.1% YTD
   • Read:  Verano Q2 Financials Disappoint: Net Loss Increased By 42%
5. Green Thumb (GTBIF): DOWN 4.2% MTD; DOWN 21.7% YTD
   • Read: Green Thumb Q2 Financial Results Were A Mixed Bag
6. Curaleaf (CURLF): DOWN 13.9% MTD; DOWN 23.8% YTD
   • Read: Curaleaf Q2 Financials Report 31% Increase In Net Loss
7. Cresco Labs (CRLBF): DOWN 24.8% MTD; DOWN 32.6% YTD
   • Read: Cresco Labs to Report Second Quarter 2023 Financial Results on August 16, 2023

For more on any of the above stocks, click on the stock symbol for TalkMarkets data to read our past articles on MSOs (see here).
 

Summary

The munKNEE American Cannabis MSOs Index is DOWN 3.9% MTD and is now DOWN 25.8% YTD. In comparison, the 5 constituents in the munKNEE Canadian Cannabis LPs Index are UP 0.6%, on average, MTD but are still DOWN 42.4% YTD.

If you are interested in buying a basket of American cannabis multi-state operator stocks, consider the  AdvisorShares Pure U.S. Cannabis ETF (MSOS) which consists of the above 7 highlighted stocks plus an additional 41 smaller cap such stocks. It is DOWN 6.9% MTD and is now DOWN 23.0% YTD.

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