The munKNEE's American Cannabis MSOs Index was rebalanced last week with the deletion of The Cannabist Company (CBSTF), formerly Columbia Care, whose stock price has fallen to just $0.38 (well below the minimum $1/share requirement for inclusion in the Index), and the addition of Ayr Wellness (AYRWF) whose market capitalization has risen dramatically to $168M with a current stock price of $2.15.

Below are the performances of the revised 7 constituents, in descending order, based on their performances last week and YTD, and any recent news about them. 

American Cannabis MSOs Index

1. Ayr Wellness (AYRWF): UP 27.1% last week; UP 77.0% YTD
   • Read: AYR Wellness Reports Third Quarter 2023 Results
2. Cresco Labs (CRLBF): UP 21.% last week; DOWN 2.7% YTD
   • Read: Cresco Labs Q3 Financial Metrics Mixed
3. Curaleaf Holdings (CURLF): UP 12.5% last week; DOWN 7.1% YTD 
   • Read: Curaleaf Q3 Financials Report 24% Increase In Net Loss
4. Trulieve Cannabis (TCNNF): UP 4.4% last week; DOWN 22.5% YTD 
   • Read:  Trulieve Cannabis Q3 Financials Show Major Improvement In Net Loss
5. Verano Holdings (VRNOF): UP 0.2% last week; UP 46.2% YTD 
   • Read:  Verano Holdings' Q3 Financials
6. Green Thumb (GTBIF): DOWN 0.1% last week; UP 16.2% YTD 
   • Read:  Green Thumb Q3 Financial Metrics Are All Up
7. TerrAscend Corp. (TSNDF): DOWN 8.1% last week; UP 41.8% YTD 
   • Read:  TerrAscend's Q3 Net Revenue And Adj. EBITDA Increased 24% And 89%, Respectively

MSO Stock Performance Summary

Index Average: UP 4.7% last week and now UP 7.2% YTD.

If you are interested in the cannabis category, consider:

• the AdvisorShares Pure US Cannabis ETF (MSOS) which was UP 5.5% last week but is still DOWN 1.1% YTD.

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