The munKNEE American Cannabis MSOs Index, which tracks the 12 largest vertically integrated (i.e. seed-to-sale) multi-state operators by market capitalization, went UP 4.9% last week but has gone DOWN 39.8% since the end of November.

Below are the performances of the constituents in the Index last week, in descending order, and since the end of November, 2022. Also presented are links to summary articles on their latest quarter financial results and a link to a previous article that highlights the financial health of each constituent.

1. Planet 13 (PLNHF): UP 32.4% last week; DOWN 33.3% since the end of November 2022
   • Read: Planet 13 Financial Metrics In Q3 All Declined
2. TerrAscend* (TRSSF): UP 26.4% last week; DOWN 24.9% since the end of November, 2022
   • Read: TerrAscend Q3 Financial Report Reveals Major Declines In Income And EBITDA
3. Acreage (ACRDF/ACRHF): UP 17.5% last week; DOWN 44.7% since the end of November 2022
   • Read: Acreage Reports Third Quarter 2022 Financial Results
4. Green Thumb* (GTBIF): UP 15.4% last week; DOWN 34.0% since the end of November 2022
   • Read: Green Thumb Q3 Reports Record Revenue
5. Ascend (AAWH): UP 13.1% last week; DOWN 24.2% since the end of November, 2022
   • Read: Ascend Wellness Q3 Report: Record Revenue, Adjusted Gross Profit, And EBITDA Margin
6. Cresco Labs* (CRLBF): UP 11.4% last week; DOWN 41.8% since the end of November, 2022
   • Read: Cresco Labs Q3 Financials Show No Improvement Over Q2 Results
7. Ayr (AYRWF): UP 10.7% last week; DOWN 51.6% since the end of November, 2022
   • Read: Ayr Wellness Q3 Financial Metrics All Show Major Improvement
8. Columbia Care (CCHWF): UP 8.0% last week; DOWN 51.8% since the end of November, 2022
   • Read: Columbia Care Reports Third Quarter 2022 Results
9. Curaleaf* (CURLF): UP 7.9% last week; DOWN 36.3% since the end of November, 2022
   • Read: Curaleaf Q3 Report Reveals +80% Decrease In Net Profit
10. Jushi (JUSHF): No Change last week; DOWN 63.2% since the end of November, 2022
    • Read: Jushi Holdings Releases Mixed Preliminary Q3 Financials
11. Verano* (VRNOF):No Change last week; DOWN 41.1% since the end of November, 2022
    • Read: Verano Q3 Financial Report Reveals Major Increase In Net Loss
12. Trulieve* (TCNNF): DOWN 2.8% last week; DOWN 43.0% since the end of November, 2022
    • Read: Trulieve Cannabis Q3 Financials Were Down But Stock Price Jumps

* These six companies have market capitalizations in excess of $400M and are constituents in munKNEE's upcoming Potential "Rags-to-Riches" Portfolio for 2023; articles tracking its performance should commence the second week of January, 2023. 

The munKNEE American Cannabis MSO Stocks Index was UP 4.9% last week but the index is DOWN 39.8% since the end of November. 2022. Of interest, the munKNEE  Canadian Cannabis LP Stocks Index went UP 4.8% last week but is  "only" DOWN 25.9% since the end of November, 2022 (see details here). 

More By This Author:

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My "Rags-To-Riches" Portfolio For 2023: An Introduction
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