Cannabis Stocks Continue To Ride A Wave Of Rumors and Wishful Thinking - ARCHIVED

As Shadd Dales and Anthony Varrell said in their latest newsletter, The Dales Report, that “Cannabis stocks caught a strong bid…[this past week], seemingly riding a wave of rumors, or perhaps a bit of frontrunning ahead of a potential move from the administration” with, according to The Marijuana Herald, President Trump privately urging members of Congress to prioritize the SAFER Banking Act or similar legislation before the 2026 midterms.

Here are the details Week-over-Week (WoW):

Below is the effect the announcement of the proposed legislation had on the 6 MSO stocks in the MunAiMarkets American Cannabis MSO Stocks Model Portfolio: for the week ending April 25th and MTD presented in descending order:

1. Cresco Labs (CRLBF): UP 25.4% w/e April 25th; DOWN 7.7% MTD;
2. TerrAscend Corporation (TSNDF): UP 25.0% w/e April 25th; DOWN 28.6% MTD;
3. Verano Holdings (VRNOF): UP 17.1% w/e April 25th; UP 26.2% MTD;
4. Trulieve Cannabis (TCNNF): UP 15.5% w/e April 25th; Unchanged MTD;
5. Green Thumb Industries (GTBIF): UP 5.7% w/e April 25th; UP 4.8% MTD;
6. Curaleaf Holdings (CURLF): DOWN 3.1% w/e April 25th; DOWN 5.0% MTD

On average, the MunAiMarkets American Cannabis MSO Stocks Model Portfolio was UP 10.3% week ending April 25th and UP 7.3% MTD. 

The Canadian cannabis LP company Canopy Growth has structured its U.S. operations through Canopy USA with its success in the U.S. depending heavily on federal cannabis reform and, as such, it responded in like fashion to the American MSOs as highlighted above. Below is how it compares with its peers in the…

MunAiMarkets Canadian Cannabis LPs Stocks Model Portfolio:

1. Canopy Growth (CGC): UP 18.5% w/e April 25th; UP 0.7% MTD;
2. Tilray Brands (TLRY): UP 8.9% as of April 25th; DOWN 33.8% MTD.
3. Organigram Global (OGI): UP 8.4% w/e April 25th; UP 0.9% MTD;
4. Aurora Cannabis (ACB): UP 8.3% w/e April 25th; DOWN 5.7% MTD;
5. Cronos Group (CRON): UP 1.7% as of w/e April 25th; DOWN 12.2% MTD;

On average, the MunAiMarkets Canadian Cannabis LP Stocks Model Portfolio was UP 8.4% week ending April 25th and UP 8.7% MTD. 

Please note: For

• a chart of the portfolio’s performance at any time during the Day go HERE (see “Today’s Gain” in top left-hand corner) for the Canadian LP Cannabis Stocks Portfolio pricing and, go HERE for the American Cannabis MSO Stocks Portfolio pricing.
• a chart of the historical Portfolio YTD, 1M, 6M and 1Y Performances, go HERE, Add Specific Portfolio Symbols, Scroll Down to Portfolio Performance Settings & Click on Calculate Performance, Scroll Down to Portfolio Performance Chart & Specify Time Period and Scroll Down to Returns by Period.
• a specific stock price performance (currently, yesterday, over the past 5 days, 1 month, 6 months and 1 year) go HERE, type in the Stock Symbol, and Click on Time Period
• a specific stock’s performance statistics and financials go HERE, type in Stock Symbol, and Click on Statistics and Financials
• the reasons behind the price change in a specific stock go HERE and ask “Why did x stock change price so much this week?”
• the latest articles and analyses go HERE, type in Stock Symbol, and Scroll down to Recent News