Only 1 Major Cannabis MSO Is Up YTD
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The 7 constituents in the munKNEE American Cannabis MSOs Index are ranked below, in ascending order, as to their stock performances YTD, as follows:
7. Trulieve (TCNNF): DOWN 43.8% YTD
- 19 Wall Street analysts:
- have an average 12-month price target representing a 331.3% increase from its current price and
- have a consensus STRONG BUY rating.
6. Columbia Care (CCHWF): DOWN 36.0% YTD
- 2 Wall Street analysts:
- have an average 12-month price target representing a 725.0% increase from its current price and
- have a consensus STRONG BUY rating.
5. Curaleaf (CURLF): DOWN 27.6% YTD
- 20 Wall Street analysts:
- have an average 12-month price target representing a 282.7% increase from its current price and
- have a consensus STRONG BUY rating.
4. Green Thumb (GTBIF): DOWN 17.0% YTD
- 21 Wall Street analysts:
- have an average 12-month price target representing a 174.1% increase from its current price and
- have a consensus STRONG BUY rating.
3. Cresco Labs (CRLBF): DOWN 14.3% YTD
- 12 Wall Street analysts:
- have an average 12-month price target representing a 266.7% increase from its current price and
- have a consensus BUY rating.
2. Verano (VRNOF): DOWN 9.1% YTD
- 13 Wall Street analysts:
- have an average Wall Street analyst 12-month price target representing a 257.1% increase from its current price and
- have a consensus STRONG BUY rating.
1. TerrAscend (TRSSF): UP 52.7% YTD
- 11 Wall Street analysts:
- have an average 12-month price target representing a 42.9% increase from its current price and
- have a consensus BUY rating.
In total, the sum total of the above 7 constituents in the munKNEE American Cannabis MSOs Index is
- DOWN 22.7% YTD compared to the munKNEE Canadian Cannabis LPs Index which is DOWN 28.0% YTD and
- has an average 12-month Wall Street analyst price target representing a 241.8% increase from today's price as compared to the 5 constituents in the munKNEE Canadian Cannabis LPs Index which have a forward price target representing only a 93.5% increase.
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 is DOWN 23.7% YTD.
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Cannabis MSOs Remain Volatile: +12% Last Week; -14% So Far This Week
Cannabis LPs Remain Volatile: +10% Last Week; -10% So Far This Week
Disclosure: None
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