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Introduction
Germany passed legislation in March legalizing the sale of cannabis there which contributed to a 19% surge in American cannabis MSO stocks in March.
The munKNEE American Cannabis MSO Stocks Index
Below is how each of the 7 constituents in the above Index performed in March and how well they have performed YTD:
- Despite Fast-paced Momentum, Ayr Wellness Inc. (AYRWF) Is Still a Bargain Stock
- Cresco Labs Inc. Upgraded to Strong Buy: Here’s What You Should Know
- Cresco Labs Q4 Report Shows Major Improvement In Net Profit
- 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.
- Q4 Results Of Cannabis Company Verano Holdings Were Down Across The Board
- 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.
The 7 constituents in the munKNEE American Cannabis MSO Stocks Index went UP 19.2%, on average, in March and are now UP 50.1% YTD.More By This Author:March Recap: 5 Largest Canadian Cannabis LPs Up 65%, On Average
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