Monday , 20 May 2024

American Cannabis MSO Stocks Portfolio Down 13% In April

 

An original article by Lorimer Wilson, Founder and Managing Editor of munKNEE.com a site for sore eyes and inquisitive minds and your KEY to making money .

Introduction

Below is how each of the 7 constituents in the munKNEE American Cannabis MSO Stocks Portfolio performed last week, in descending order, how well they performed as of last Friday, April 26th, and any recent news, analysis or commentary where applicable.

  1. Cresco Labs (CRLBF): UP 2.5% last week; DOWN 0.1% MTD
  2. Trulieve Cannabis (TCNNF): UP 1.9% last week; DOWN 15.0% MTD
  3. TerrAscend Corp. (TSNDF): UP 1.2% last week; DOWN 11.6% MTD
  4. Curaleaf Holdings (CURLF): UP 1.0% last week; DOWN 6.6% MTD
  5. Ayr Wellness (AYRWF): UP 0.9% last week; DOWN 11.3% MTD
  6. Verano Holdings (VRNOF): DOWN 0.4% last week; DOWN 16.7% MTD
    • In a move to differentiate itself from its peers Verano has introduced the industry’s first membership club (fee-based), called the Cabbage Club, which provides members with exclusive benefits (see here) including monthly store credits, coupons, merchandise, early access to product drops, line-skipping privileges, special event access, concierge service and more.
  7. Green Thumb Industries (GTBIF): Down 1.1% last week; DOWN 15.7% MTD

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

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