Rebalanced American Cannabis MSOs Index Up 5% Last Week

 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

  • Ayr Wellness (AYRWF): UP 27.1% last week; UP 77.0% YTD

    • Read: AYR Wellness Reports Third Quarter 2023 Results
  • Cresco Labs (CRLBF): UP 21.% last week; DOWN 2.7% YTD

  • Curaleaf Holdings (CURLF): UP 12.5% last week; DOWN 7.1% YTD 

  • Trulieve Cannabis (TCNNF): UP 4.4% last week; DOWN 22.5% YTD 

  • Verano Holdings (VRNOF): UP 0.2% last week; UP 46.2% YTD 

  • Green Thumb (GTBIF): DOWN 0.1% last week; UP 16.2% YTD 

  • TerrAscend Corp. (TSNDF): DOWN 8.1% last week; UP 41.8% YTD 

  • MSO Stock Performance SummaryIndex 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.
  • More By This Author:Up-Down-Up-Down: Canadian Cannabis Volatility Continued Last Week
    Quantum Computing Hardware Developers Index Up This Week
    Top 15 AI Stocks Were Up 5% This Week; Two May Still Be Undervalued


    • Total Score 0%
    User rating: 0.00% ( 0
    votes )

    Leave a Reply

    Your email address will not be published. Required fields are marked *