Cannabis stocks have seen a sharp rebound in recent weeks, with many now trading at more than twice their June price.
Fueled in large part by growing discussions over cannabis rescheduling—with President Trump saying a decision will come within “the next few weeks”—most cannabis stocks have posted significant gains in recent days. Although most remain well below their highs of the past couple of years, their recent surge marks a notable shift in momentum. Below is a breakdown of some of the top performers and how their current prices compare to June (in no particular order).
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Curaleaf (CURLF)
Price June 23: $0.77
Price at time of publication: $2.94
Difference: $2.17 (up about 282%) -
Green Thumb Industries (GTBIF)
Price June 23: $4.81
Price at time of publication: $8.80
Difference: $3.99 (up about 83%) -
Tilray Brands (TLRY)
Price June 23: $0.36
Price at time of publication: $1.17
Difference: $0.81 (up about 225%) -
Trulieve Cannabis (TCNNF)
Price June 23: $3.27
Price at time of publication: $8.20
Difference: $4.93 (up about 151%) -
Cresco Labs (CRLBF)
Price June 23: $0.45
Price at time of publication: $1.11
Difference: $0.66 (up about 147%) -
Verano Holdings (VRNOF)
Price June 23: $0.49
Price at time of publication: $1.47
Difference: $0.98 (up about 200%) -
Aurora Cannabis (ACB)
Price June 23: $3.91
Price at time of publication: $5.41
Difference: $1.50 (up about 38%) -
AdvisorShares Pure US Cannabis ETF (MSOS)
Price June 23: $2.06
Price at time of publication: $5.06
Difference: $3.00 (up about 146%)
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