TLRY - Cannabis Stocks: Canadian Companies Outperformed American Counterparts Last Week | Benzinga
Analyst Lorimer Wilson, a contributor at TalkMarkets, signaled that Canadian Limited Partnership (LPs) Cannabis Companies did much better than American multi-state operators (MSOs) as the cannabis sector remains highly volatile, with stock prices reacting sharply to news.
Canadian Cannabis Outperforms
Canadian Cannabis LPs doubled the performance of cannabis companies from the US. The Canadian Cannabis LP Portfolio saw significant gains:
- Aurora Cannabis (NASDAQ:ACB): UP 24.7% this week; UP 30.1% MTD; UP 27.3% YTD
- Tilray Brands (NASDAQ:TLRY): UP 8.7% this week; UP 13.3% MTD; DOWN 18.3% YTD
- Cronos Group (NASDAQ:CRON): UP 8.1% this week; UP 3.4% MTD; UP 15.3% YTD
- Organigram (NASDAQ:OGI): UP 6.9% this week; UP 10.4% MTD; UP 29.8% YTD
- Canopy Growth (NASDAQ:CGC): UP 2.4% this week; UP 0.6% MTD; UP 27.0% YTD
On average, the LP Portfolio was UP 10.7% this week, 11.4% MTD, and 17.5% YTD.
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