This article highlights how each constituent in the Portfolio fared last week and MTD along with their reported Q1 profit or loss and their Q1 adjusted EBITDA as a percentage of quarterly revenue for comparison purposes:

First quarter results reflect continued progress with modest sequential revenue growth, adjusted EBITDA margins in line with long-term targets of 25% and positive free cash flow for the period.

The cannabis sector dropped 18.8% in the last 3 days and it probably has further to go, based on historical data.so the question now is how much further it will drop before stabilizing. Time will tell. Stay tuned. 

Last Friday the trading volume in the 7 stocks in our American Cannabis MSO Stocks Index was 51.5% higher than the average daily trading volume. Pricewise, the Index was up almost 15%.

Ayr Wellness Inc. reported financial results for the fourth quarter ended December 31, 2023 today.