American Cannabis MSOs Portfolio Down 5% On The Week


IntroductionDespite 5 of the 7 constituents in the American Cannabis MSOs Portfolio releasing their Q1 financial reports earlier this week the portfolio went down 5.0% and is now down 18.9% from its high reached on April 30th. Below is how each constituent fared this week, in descending order, since their peak prices on April 30th, and YTD along with their reported Q1  profit or loss as a percentage of quarterly revenue for comparison purposes and links to my articles on said quarterly reports:

  • Green Thumb (GTBIF): down 2.1% w/e May 10th; down 16.0% since April 30th; up 14.4% YTD

  • Curaleaf (CURLF): down 2.7% w/e May 10th; down 12.4% since April 30th; up 32.5% YTD

  • Verano (VRNOF): down 3.1% w/e May 10th; down 20.9% since April 30th; up 12.2% YTD

  • Cresco Labs (CRLBF): down 5.5% w/e May 10th; down 20.8% since April 30th; up 51.9% YTD

    • Q1 report to be released on May 15th
  • TerrAscend (TSNDF): down 6.3% w/e May 10th; down 24.3% since April 30th; up 1.2% YTD

  • Trulieve Cannabis (TCNNF): down 8.0% w/e May 10th; down 19.6% since April 30th; up 121.3% YTD

  • Ayr Wellness (AYRWF): down 13.2% w/e May 10th; down 32.3% since April 30th; up 28.3% YTD

    • Q1 report to be released on May 15th
  • Average: down 5.0% w/e May 10th; down 18.9% since April 30th; up 37.1% YTDMore By This Author:5 Of 7 AI Categories Rose, Slightly, Over Past Week
    TerrAscend Reports 64% Reduction In Net Loss In Q1 Financial Report
    Curaleaf Reports 16% Reduction In Net Loss In Q1 Financial Report

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