These 7 American Cannabis MSO Stocks Are Now DOWN 91.8% (Yes, -91.8%!) From Their Average Parabolic Peaks In February, 2021

An Introduction

There are many ways to lose money in the stock market and one of the best ways is by investing in a sector that has experienced a parabolic move in the past from which it has not recovered – and perhaps (likely?) never will – and the American cannabis multi-state operators (MSOs) are a perfect example.

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What Is A Parabolic Move?

A stock goes parabolic when panic buying sets in and prices are driven vertical with an almost complete absence of sellers and this creates a vacuum of buying with traders rushing into a certain stock regardless of price, in fear of being left behind.  While parabolic stocks are attractive to buy because they offer the possibility of making a lot of money in a relatively short period of time, it is dangerous to overstay your welcome as it often marks the end of a move with prices not returning to the ultimate highs again for a long time – if ever. The key in trading such a strong trend is capturing as much of the move up as possible early in the move on the original breakout in price action from a previous range.

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The Cannabis Hype

The hype surrounding the many fledging American cannabis stocks began in earnest in February, 2020,  culminating in a 751.3% increase 12 months later (February, 2021) in the 7 largest such stocks tracked in the MunAiMarkets American Cannabis MSOs Portfolio. That is correct: a 751.3% increase!! That enthusiasm was, unfortunately, fleeting, and by February, 2022 the Portfolio had declined 65.9% and a further 66.2% by February, 2023.

The Portfolio increased somewhat by February, 2024, only to go down from there by 55.7% as of yesterday. That represents a 91.8% from its peak in February, 2021 and the Portfolio is now trading BELOW what it was when it began its parabolic move back in February, 2021! That is a perfect example of a parabolic curve – up dramatically and down dramatically – ending up at a lower price than when the move began!

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Below are how the constituents in the MunAiMarkets American Cannabis MSOs Portfolio have performed, in descending order, since their peaks in February/March 2021 (as of February 14th, 2025):

1. Green Thumb Industries (GTBIF): DOWN 80.0% since February 17, 2021
2. Curaleaf Holdings (CURLF): DOWN 91.3% since February 11th, 2021
3. Trulieve Cannabis (TCNNF): DOWN 91.4% since March 11th, 2021
4. Cresco Labs (CRLBF): DOWN 94.2% since February 9th, 2021
5. Verano Holdings (VRNOF): DOWN 95.9% since February 15th, 2021
6. TerrAscend Corporation (TSNDF): DOWN 96.1% since February 11th, 2021
7. Ayr Wellness (AYRWF): DOWN 98.7% since March 16th, 2021

Conclusion

The MunAiMarkets American Cannabis MSOs Portfolio is now DOWN 91.8% from its peak in February/March, 2021!