Largest Cannabis LPs Up 5% Last Week; Down 26% Since Nov. 30/22
The munKNEE Canadian Cannabis LPs Index tracks the performance of the 5 largest vertically integrated (i.e. seed-to-sale) licensed producers by market capitalization. Also presented are links to my summary articles on their latest quarter financial results and a link to a recent article which highlights the financial health of each constituent.
Below is how the constituents performed last week, in descending order, and since the end of November 2022:
- Tilray (TLRY): UP 10.5% last week; DOWN 23.8% since the end of November
- OrganiGram (OGI): UP 5.1% last week; DOWN 20.4% since the end of November
- Canopy Growth (CGC): UP 4.8% last week; DOWN 34.4% since the end of November
- Cronos (CRON): UP 0.8% last week; DOWN 18.3% since the end of November
- Aurora (ACB): DOWN 1.1% last week; DOWN 31.3% since the end of November
In total, the munKNEE Canadian Cannabis LPs Index went UP 4.8% last week but is DOWN 25.9% since the end of November, 2022. The munKNEE American Cannabis MSO Stocks Index, in comparison, went UP 4.9% last week but remains DOWN 39.8% since the end of November.
More By This Author:
My "Rags-To-Riches" Portfolio For 2023: An Introduction
The Highest ESG Score ETFs Index Outperformed The S&P 500 In 2022
The 5 Cannabis Category Indices Ranged From +0.39% To -72.2% In 2022
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