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home / news releases / CCHWF - Cannabis MSOs start the year the same way 2021 went. Down.


CCHWF - Cannabis MSOs start the year the same way 2021 went. Down.

If multi-state operators (MSOs) were hoping to turn over a new leaf in terms of stock performance with the start of a new year, they ran out of luck. Last year was not pretty for the MSO sector. All the large cap MSOs were down double-digits. The best among the bunch, with an 11% loss in 2021, was Green Thumb Industries (OTCQX:GTBIF). The worst? Columbia Care (OTCQX:CCHWF) with a nearly 56% loss. That was followed by Verano Holdings (OTCQX:VRNOF) with a ~48% decline. The stock losses in 2021 are even more striking in light of the fact most MSOs had large revenue gains year over year.  The downward trend continued with MSOs in January. The worst performer was Trulieve Cannabis (OTCQX:TCNNF) with a decline of more than 26%. The best performer was Columbia Care, down just over 6%. Second best was Cresco Labs (OTCQX:CRLBF), down ~9%. Curaleaf (OTCPK:CURLF), the fourth largest MSO in terms of market cap, lost 14% last

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Cannabis MSOs start the year the same way 2021 went. Down.
Stock Information

Company Name: Columbia Care Inc
Stock Symbol: CCHWF
Market: OTC

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