The American Cannabis MSO Index has undergone a re-balancing of its constituents with the removal of Goodness Growth (GDNSF) which no longer meets the inclusion criteria of trading above $1/share and having a market capitalization of over $75M. The Index now has only 12 constituents.

I normally report the stock performance of each constituent in descending order but, going forward I am reporting the performance of Green Thumb (GTBIF) first as it is the only constituent that has a positive net operating cash flow and the constituent with the lowest chance of encountering financial distress within the next 2 years according to its Altman Z-Score (see my previous articles on the subject here and here).

Below are the constituent performances this week, in descending order (except Green Thumb), since the end of September (3 weeks) and the end of August (7 weeks) to see the ongoing trend in their prices. The latest in analysis and commentary on each of the companies is available here.

The Performance Of The Constituent In the Best Financial Health

1. Green Thumb (GTBIF): UP 19.3% this week; UP 29.8% this month; DOWN 10.0% since the end of August
   • has a positive net operating cash flow (Source)
   • has only a 14% chance of encountering financial distress within the next 2 years (Source)

The Remaining Constituents 

1. Ayr (AYRWF): UP 25.6% this week; UP 84.4% this month; UP 1.9% since the end of August
   • has a negative net operating cash flow
   • has a 73% chance of encountering financial distress within the next 2 years
2. Verano (VRNOF): UP 18.0% this week; UP 15.5% this month; DOWN 17.4% since the end of August
   • has a negative net operating cash flow
   • has a 70% chance of encountering financial distress within the next 2 years
3. Trulieve (TCNNF): UP 15.8% this week; UP 32.5% this month; DOWN 22.0% since the end of August
   • has a negative net operating cash flow
   • has a 74% chance of encountering financial distress within the next 2 years
4. Ascend (AAWH): UP 12.9% this week; UP 10.4% this month; DOWN 20.6% since the end of August
   • has a negative net operating cash flow
   • has a 77% chance of encountering financial distress within the next 2 years
5. Curaleaf (CURLF): UP 11.6% this week; UP 15.2% this month; DOWN 11.9% since the end of August
   • has a negative net operating cash flow
   • has a 73% chance of encountering financial distress within the next 2 years
6. Cresco (CRLBF): UP 10.7% this week; UP 31.3% this month; DOWN 15.8% since the end of August
   • has a negative net operating cash flow
   • has a 74% chance of encountering financial distress within the next 2 years
7. Columbia Care (CCHWF): UP 10.0% this week; UP 33.1% this month; DOWN 19.1% since the end of August
   • has a negative net operating cash flow
   • has a 73% chance of encountering financial distress within the next 2 years
8. TerrAscend (TRSSF): UP 9.4% this week; UP 27.3% this month; DOWN 11.4% since the end of August
   • has a negative net operating cash flow
   • has a 74% chance of encountering financial distress within the next 2 years
9. Planet 12 (PLNHF): UP 2.5% this week; UP 9.9% this month; DOWN 18.1% since the end of August
   • has a negative net operating cash flow
   • has a 36% chance of encountering financial distress within the next 2 years
10. Jushi (JUSHF): UP 0.7% this week; UP 19.5% this month; DOWN 17.9% since the end of August
    • has a negative net operating cash flow
    • has a 77% chance of encountering financial distress within the next 2 years
11. Acreage (ACRDF/HF): DOWN 4.9% this week; UP 31.5% this month; UP 12.3% since the end of August
    • has a negative net operating cash flow
    • has a 73% chance of encountering financial distress within the next 2 years

Sub-Total: UP 13.1% this week; UP 28.2% this month; DOWN 9.8% since the end of August. Green Thumb: UP 19.3% this week; UP 29.8% this month; DOWN 10.0% since the end of August; Grand Total (incl. Green Thumb): UP 14.4% this week; UP 28.6% this month; DOWN 13.9% since the end of August.

More By This Author:

Plant-Based Food Stocks Correlate Loosely With Their Stock Performances
Canadian Cannabis LPs: A Financial Health Vs. Stock Performance Comparison
Cannabis MSOs: Correlation Between Their Financial Health And Stock Performance?