May Summary Of Largest American Cannabis MSO Stock Performances
Image Source: Unsplash
The 7 largest multi-state operators of 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 during the month of May and YTD:
- Green Thumb (GTBIF): UP 13.4% in May; down 9.3% YTD
- Curaleaf (CURLF): UP 11.7% in May; down 26.9% YTD
- Cresco Labs (CRLBF): UP 9.0% in May; down 2.9% YTD
- TerrAscend (TRSSF): down 0.6% in May; UP 51.8% YTD
- Verano (VRNOF): down 1.0% in May; down 4.2% YTD
- Columbia Care (CCHWF): down 6.1% in May; down 38.7% YTD
- Trulieve (TCNNF): down 20.6% in May; down 43.5% YTD
If you are interested in any of the above stocks click on the stock symbol for detailed information from TalkMarkets and read my past articles on MSOs (see here).
Summary
While the munKNEE American Cannabis MSOs Index was down 0.9% in May and is now down 18.9% YTD, the 5 constituents in the munKNEE Canadian Cannabis LPs Index were down 22.4%, on average, in May and are now down 43.7%, on average, YTD. See latest article on LPs posted here.
If you are interested in buying a basket of American cannabis multi-sate 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 was unchanged in May and remains down 14.3% YTD.
More By This Author:
Largest Canadian Cannabis LP Stocks Down 22% In May
Largest Plant-Based Food Stocks Down 29.5% In May
Largest Canadian Cannabis Companies Collapsed 16%, On Average, This Week
Disclosure: None
Visit munKNEE.com and register to receive our free Market Intelligence Report newsletter (sample more