The bad news from Tilray (its Q3 net loss increased by 128%} took a toll last week on the constituents of both the Canadian Cannabis LPs Index and the American Cannabis MSOs Index with all 12 declining by an average of 12%.

The 7 constituents in the Cannabis MSO Stocks Index went up 0.5%, on average, last week and are now up 50.8% YTD.

The legalization of cannabis in Germany last week sparked a 66% surge in the 5 largest Canadian cannabis LP stocks last week but only a 8.5% increase in the 7 largest American cannabis MSO stocks.

As expected, the 7 stocks in the American Cannabis MSO Stocks Index have rebounded from the tax-loss sell-off that occurred in December.

The American Cannabis MSO Stocks Index is down 0.3% so far in December but remains up 4.8% YTD.