The American Cannabis Multi-State Operators Index tracks the performance of the 13 largest (by market capitalization) pure-play vertically integrated "seed-to-sale" stocks. Below are the performances of the constituents in August (July 29th to September 2nd), in descending order, and since the end of June.

Advanced By +10%

1. Green Thumb (GTBIF): UP 41.5% in August; UP 60.8% since the end of June
   • has 77 retail stores (dispensaries) in 15 states
2. Cresco (CRLBF): UP 17.8% in August; UP 59.7% since the end of June
   • has 51 retail stores (dispensaries) in 7 states
3. Curaleaf (CURLF): UP 17.5% in August; UP 29.2% since the end of June
   • has 34 retail stores (dispensaries) in 34 states
4. Columbia Care (CCHWF): UP 15.9% in August; UP 52.2% since the end of June
   • has 85 retail stores (dispensaries) in 17 states
5. Trulieve (TCNNF): UP 12.6% in August; UP 25.4% since the end of June
   • has 181 retail stores (dispensaries) in 8 states

Advanced Between 0% and 10%

1. Verano (VRNOF): UP 9.8% in August; UP 14.4% since the end of June
   • has 138 retail stores (dispensaries) in 13 states
2. Goodness Growth (GDNSF): UP 8.9% in August; UP 8.9% since the end of June
   • has 85 retail stores (dispensaries) in 17 states
3. Acreage (ACRDF/HF): UP 4.9% in August; DOWN 2.3% since the end of June
   • has 28 retail stores (dispensaries) in 9 states
4. Ascend (AAWH): UP 2.0% in August; UP 31.8% since the end of June
   • has 24 retail stores (dispensaries) in 5 states

Declined

1. Jushi (JUSHF): DOWN 3.8% in August; UP 26.1% since the end of June
   • has 34 retail stores (dispensaries) in 6 states
2. Ayr (AYRWF): DOWN 16.7% in August; DOWN 13.5% since the end of June
   • has 68 retail stores (dispensaries) in 6 states
3. TerrAscend (TRSSF): DOWN 22.0% in August; DOWN 19.3% since the end of June
   • has 23 retail stores (dispensaries) in 4 states
4. Planet 13 (PLNHF): DOWN 24.2% in August; UP 22.6% since the end of June
   • has 5 retail stores (dispensaries) in 3 states

In total,

• the munKNEE American Cannabis Multi State Operators Index was UP 11.2% in August and is now UP 22.0% since the end of June but is still DOWN 48.0% YTD.
• That compares with the munKNEE Canadian Pure-Play Pot Stocks Index (see details here) which was UP 3.5% in August and is now  UP 11.8% since the end of June but is still DOWN 54.1% YTD.

For a financial assessment of each of the above MSOs, go here. For the latest in analysis and commentary on each of the companies, go here.

If you are interested in investing in one of the ETFs that are heavily invested in American pure-play vertically integrated cannabis MSO companies (see details here)  then consider one of the following:

1. Purpose Marijuana Opportunities ETF (MJJ:NEO): 95% of its constituents are pure-play of which 100% are MSOs. The ETF is only listed on the Canadian NEO exchange and trades in Canadian dollars. If you are a non-Canadian give your broker the ISIN  number CA74641T1066MJJ to help facilitate the purchase.
2. Pure US Cannabis ETF (MSOS): 90% of its constituents are pure-play of which 100% are MSOs
3. Roundhill Cannabis ETF (WEED): 81% of its constituents are pure-play of which 80% are MSOs
4. Horizons US Marijuana Index ETF (HMUS:NEO): 78% of its constituents are pure-play of which 100% are MSOs. The ETF is only listed on the Canadian NEO exchange and trades in Canadian dollars. If you are a non-Canadian give your broker the ISIN number CA44055B2066 to help facilitate the purchase.
5. Amplify Seymour Cannabis ETF (CNBS): 66% of its constituents are pure-play of which 78% are MSOs

If you are more adventuresome consider investing in one of the following leveraged (inverse or bull) ETFs:

1. ETFMG 2x Daily Inverse Alternative Harvest ETF (MJIN)
2. ETFMG 2x Daily Bull Alternative Harvest ETF (MJXL)
3. Horizons 2x Bull Marijuana Companies ETF (HMJU)

An "inverse" ETF is the way to go if you think the cannabis sector is going to decline considerably in the months ahead while a 'bull" ETF is for those that think the sector is going to advance.

More By This Author:

Largest Psychedelic Stocks Up In August; Up 42% Since End Of June
Uptrend In Major Canadian Cannabis LPs Continues
How The 5 Cannabis Categories Performed Last Week