Major Canadian Cannabis LP Stocks Down 12% More This Week

 

Below is how the munKNEE Canadian Cannabis LPs Index constituents performed this week, in descending order, since the beginning of December, and YTD. The index tracks the performance of the 5 largest vertically integrated (i.e. seed-to-sale) Canadian licensed producers by market capitalization. Also presented are links to my summary articles on their latest quarter financial results and a link to a recent article which highlights the financial health of each constituent.

1. Canopy Growth (CGC): DOWN 10.4% this week; DOWN 18.8% in last 3 weeks; DOWN 73.3% YTD
   • Read: Canopy Growth Q2 Financial Report: Loss In Net Income Reduced Dramatically
2. Cronos (CRON): DOWN 11.2% this week; DOWN 26.6% in last 3 weeks; DOWN 35.2% YTD
   • Read: Cronos Group Q3 Financial Report Disappointing: Stock Declines 10%
3. Aurora (ACB): DOWN 11.4% this week; DOWN 33.6% in last 3 weeks; DOWN 82.8% YTD
   • Read: Aurora Cannabis Q1 Financials Show Improvement: Stock Jumps 18%
4. OrganiGram (OGI): DOWN 13.3% this week; DOWN 33.9% in last 3 weeks; DOWN 55.4% YTD
   • Read: Organigram Q4 Financial Results: Record Net Revenue; Positive Adjusted EBITDA
5. Tilray (TLRY): DOWN 14.7% this week; DOWN 39.1% in last 3 weeks; DOWN 60.4% YTD
   • Read: Tilray Brands' Q1 Financials Show Major Improvement Over Previous Quarter

In total, the munKNEE Canadian Cannabis LPs Index went DOWN 12.3% this week, and is DOWN 37.2% so far this month compared to the munKNEE  American Cannabis MSO Stocks Index which went DOWN 17.4% this week and is DOWN 46.7% so far in December.

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