Image sourceIntroductionGermany passed legislation last Friday legalizing the sale of cannabis, which sparked a 66% surge in Canadian cannabis LP stocks last week (see here) and to a lesser extent in American cannabis MSO stocks with the 7 constituents in the munKNEE American Cannabis MSO Stocks Index advancing between 5.4% and 14.3% (an average of 8.5%) last week (details below).The munKNEE American Cannabis MSO Stocks IndexBelow is how each of the 7 constituents performed last week and how well they have performed YTD along with :
- Cresco Labs Q4 Report Shows Major Improvement In Net Profit
- Cresco Labs Inc. (CRLBF) Is Attractively Priced Despite Fast-paced Momentum
- 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.
- Curaleaf Holdings, through its Curaleaf International’s subsidiary network, has operations in the U.K. (a clinic, a dispensary and a laboratory), a cultivation facility in Portugal, a research and development site in Spain, a wholesaler and distributor in Germany, a wholesaler in Poland, a supply agreement with Astrasana Pharma s.r.o. to expand into the Czech Republic, and plans to acquire a Canadian cultivator with EU-GMP certification and supplier of high THC, non-irradiated flower to the German market and which, in addition, will facilitate its entry into Australia and New Zealand.
- German Federal Cannabis Law Passes
- Curaleaf to Acquire Northern Green Canada to Bolster European Flower Supply
- Curaleaf International Expands into Czech Republic with Astrasana Pharma Partnership
- Curaleaf International Acquires Can4Med, Expanding Presence in Poland’s Growing Medical Cannabis Market
SummaryThe 7 constituents in the munKNEE American Cannabis MSO Stocks Index went up 8.5%, on average, last week.More By This Author:Bubble In Small Cap AI Stocks Continues To Deflate; Down 15% YTD
How Germany Sparked 66% Rally In Canadian LP Stocks Last Week
Six Of Seven AI Stock Categories Increased This Week
