Largest Cannabis MSOs Down 8.5% So Far This Week
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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 so far this week (i.e. as of the close today, July 20th).
- Green Thumb (GTBIF): DOWN 10.2%
- Latest Market Capitalization: $1.70B
- Latest Stock Price: $7.12
- Trulieve (TCNNF): DOWN 9.8%
- Latest Market Capitalization: $804M
- Latest Stock Price: $4.35
- Cresco Labs (CRLBF): DOWN 8.5%
- Latest Market Capitalization: $774M
- Latest Stock Price: $1.72
- Verano (VRNOF): DOWN 6.9%
- Latest Market Capitalization: $978M
- Latest Stock Price: $2.95
- TerrAscend (TSNDF): DOWN 6.4%
- Latest Market Capitalization: $589M
- Latest Stock Price: $1.60
- Curaleaf (CURLF): DOWN 6.1%
- Latest Market Capitalization: $2.53B
- Latest Stock Price: $1.72
- Columbia Care (CCHWF): DOWN 4.3%
- Latest Market Capitalization: $187M
- Latest Stock Price: $0.44
If you are interested in any of the above stocks click on the stock symbol for detailed information from TalkMarkets and read past articles on MSOs (see here).
Summary
The munKNEE American Cannabis MSOs Index is DOWN 8.5% in the last 4 days but remains UP 1.8% MTD albeit DOWN 18.2% YTD. In comparison, the 5 constituents in the munKNEE Canadian Cannabis LPs Index are only DOWN 4.3% on the week and are now DOWN 4% and DOWN 49.6% 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) that consists of the above 7 highlighted stocks plus an additional 41 smaller cap such stocks. It is DOWN 8.2% so far this week, DOWN 0.5% MTD and is now DOWN 21.2% YTD.
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Disclosure: None
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