Review
ETFMG is now including MSOs in its MJ ETF. AdvisorShares introduced leverage to its platform for the MSOS ETF. Ohio released data that suggests the state's medical cannabis program is still seeing weekly sales in excess of $9 million.
I distributed this written material to 420 Investor subscribers during the week:
Here are some of this week's highlights for Focus List names:
I removed VLNS from the Focus List this week upon the announcement that SNDL will acquire the company for stock.
There were comments in over 120 discussions in the Forum. Don't miss out on this most informative part of 420 Investor! Not familiar with the the Forum? This video will help! This is a great way to track your favorite tickers, even those not on the Focus List, and to get your questions answered quickly.
Please check the Focus List, (which has technical, fundamental and valuation ratings as well as a market-cap table). To help track market caps, we maintain tables for the Canadian LPs and the American cannabis operators and ancillary companies.
Market Performance
The Global Cannabis Stock Index rallied despite the broad market weakness of the S&P 500 retreating 4.0%, increasing 1.6% during the week to 15.29 after setting an all-time closing low of 14.36 during the week on Tuesday:
TRSSF GTBIF TLRY ACB FFLWF CCHWF JUSHF HYFM LOWLF GDNSF AAWH CEAD STHZF