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:
- Q1 profit as a % of Revenue: 11.3%
- Green Thumb Q1 Financial Metrics Excel Across The Board
- Q1 loss as a % of Revenue: (142.5)%
- Curaleaf Reports 16% Reduction In Net Loss In Q1 Financial Report
- Q1 loss as a % of Revenue: (2.2)%
- Verano Q1 Financial Metrics Down Across The Board
- Q1 report to be released on May 15th
- Q1 loss as a % of Revenue: (184.9)%
- TerrAscend Reports 64% Reduction In Net Loss In Q1 Financial Report
- Q1 loss as a % of Revenue: (7.7)%
- Trulieve Cannabis Q1 Financial Results Impressive
- 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