The American Cannabis Multi-State Operators Index tracks the performance of the 13 largest (by market capitalization) pure-play vertically integrated "seed-to-sale" stocks. The uptrend in the Index bounced back this week with all constituents advancing. Below are the performances of the constituents this week, in descending order, and since the end of June. Go here for the latest in analysis and commentary on each of the companies,

Advanced By +10%

1. Goodness Growth (GDNSF): UP 23.1% this week; UP 17.1% since the end of June
2. Green Thumb (GTBIF): UP 21.0% this week; UP 65.1% since the end of June
3. Verano (VRNOF): UP 17.5% this week; UP 22.0 % since the end of June
4. Jushi (JUSHF): UP 12.6% this week; UP 38.0% since the end of June
5. Trulieve (TCNNF): UP 12.2% this week; UP 24.4% since the end of June

Advanced Between 5% and 10%

1. TerrAscend (TRSSF): UP 8.8% this week; DOWN 18.4% since the end of June
2. Columbia Care (CCHWF): UP 7.4% this week; UP 9.8% since the end of June
3. Cresco (CRLBF): UP 5.6% this week; UP 56.1% since the end of June
4. Curaleaf (CURLF): UP 5.4% this week; UP 24.6% since the end of June
5. Ascend (AAWH): UP 5.1% this week; UP 40.1% since the end of June

Advanced Between 0% and 5%

1. Planet 13 (PLNHF): UP 3.8% this week; UP 44.3% since the end of June
2. Ayr (AYRWF): UP 2.7% this week; DOWN 14.3% since the end of June
3. Acreage (ACRDF/HF): No Change this week; UP 0.6% since the end of June

In total,

• the munKNEE American Cannabis Multi State Operators Index was UP 11.7% last week and is now UP 24.1% since the end of June but still DOWN 47.1% YTD.
• That compares favorably with the munKNEE Canadian Pure-Play Pot Stocks Index (see details here) which was UP 2.8% this week and is now  UP 21.8% since the end of June but still DOWN 50.0% YTD.

For a financial assessment of each of the above MSOs visit a recent article (see here) that provides such data.

If you are interested in investing in one of the ETFs that are heavily invested in American pure-play vertically integrated cannabis MSO companies (see details here)  then consider one of the following:

1. Purpose Marijuana Opportunities ETF (MJJ:NEO): 95% of its constituents are pure-play of which 100% are MSOs. The ETF is only listed on the Canadian NEO exchange and trades in Canadian dollars. If you are a non-Canadian give your broker the ISIN  number CA74641T1066MJJ to help facilitate the purchase.
2. Pure US Cannabis ETF (MSOS): 90% of its constituents are pure-play of which 100% are MSOs
3. Roundhill Cannabis ETF (WEED): 81% of its constituents are pure-play of which 80% are MSOs
4. Horizons US Marijuana Index ETF (HMUS:NEO): 78% of its constituents are pure-play of which 100% are MSOs. The ETF is only listed on the Canadian NEO exchange and trades in Canadian dollars. If you are a non-Canadian give your broker the ISIN number CA44055B2066 to help facilitate the purchase.
5. Amplify Seymour Cannabis ETF (CNBS): 66% of its constituents are pure-play of which 78% are MSOs

If you are more adventuresome consider investing in one of the following leveraged (inverse or bull) ETFs:

1. ETFMG 2x Daily Inverse Alternative Harvest ETF (MJIN)
2. ETFMG 2x Daily Bull Alternative Harvest ETF (MJXL)
3. Horizons 2x Bull Marijuana Companies ETF (HMJU)

An "inverse" ETF is the way to go if you think the cannabis sector is going to decline considerably in the months ahead while a 'bull" ETF is for those that think the sector is going to advance. Personally, I think the American marijuana market has nowhere to go up having declined 47.1% YTD - and having declined 75.6% from its peak in February 2021. That is not a recommendation, however, so do your own research before taking a position.

More By This Author:

Canadian Cannabis Stocks Rebounded This Week
Largest Psychedelic Compound-Based Drug Stocks On A Roll - Up 50% Since End Of June
How The 5 Cannabis Categories Performed Last Week: A Comparison