Largest Cannabis LPs: Up 5% This Week, 16% YTD
This article tracks the performance of the 5 largest vertically integrated (i.e. seed-to-sale) licensed producers by market capitalization and presents links to 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 this week, in descending order, and since the beginning of 2023:
- Canopy Growth (CGC): up 12.3% this week; up 29.1% YTD
- Tilray (TLRY): up 5.2% this week; up 20.2% YTD
- Aurora (ACB): up 5.2% this week; up 14.6% YTD
- Cronos (CRON): down 0.4% this week; down 1.2% YTD
- OrganiGram (OGI): down 4.2% this week; up 17.9% YTD
In total, the munKNEE Canadian Cannabis LPs Index went up 4.8% this week and is now up 15.8% YTD. Our American Cannabis MSO Stocks Index, in comparison, went down 5.5% this week, and is now down 4.9% YTD.
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