Cannabis Chart Of The Week: Is Financial Strength Related To YTD Stock Performance?
The Viridian Chart of the Week explores the relationship between financial strength and YTD stock performance.
We broke the 30 MSO/SSOs that Viridian ranks each week into five different groups arranged with the strongest six companies on the left (Group 1) and the weakest six companies on the right (Group 5).
Group 1: Green Thumb (OTC: GTBIF), Trulieve (OTC: TCNNF), Grown Rogue (OTC: GRUSF), Verano (OTC: VRNOF), Cresco (OTC: CRLBF) and Planet 13 (OTC: PLNH)
Group 2: Curaleaf (OTC: CURLF), Cansortium (OTC: CNTMF) (proforma), C21 (OTC: CXXIF), MariMed (OTC: MRMD), Vext (OTC: VEXTF), and Ascend (OTC: AAWH)
Group 3: AYR (OTC: AYRWF), TerrAscend (OTC: TSNDF), 1933 Industries (OTC: TGIFF), Glass House (OTC: GLASF), Leef Brands (OTC: LEEEF), and Goodness Growth (OTC: GDNSF)
Group 4: Jushi (OTC: JUSHF), Shwazze, Cannabist (OTC: CBSTF), Ianthus (OTC: ITHUF), Acreage (OTC: ACRDF), and 4Front (OTC: FFNTF)
Group 5: Tilt (OTC: TLLTF), Gold Flora (OTC: GRAM), Red White & Bloom (OTC: RWBYF), Slang (OTC: SLGWF), Body & Mind (OTC: BMMJ), and StateHouse (OTC: STHZF)
Group 1 is up …