Canadian Cannabis Stocks Continue to Consolidate in April

Each of the members was also included in a sub-index, with 4 in the Canadian Cannabis LP Tier 1 Index, 13 in the Canadian Cannabis LP Tier 2 Index and 22 in the Canadian Cannabis LP Tier 3 Index during the month.

Tier 1, which included the LPs that are generating cannabis-related sales of at least C$25 million per quarter, fell 10.3% to 722.32 in April.

Tier 2, which included the LPs that generate cannabis-related quarterly sales between C$5 million and C$25 million, fell 2.1% to 576.28. In 2020, it lost 35.9% in 2020, closing at 365.19, and it is up 57.8% in 2021.

Tier 3, which included the 24 qualifying LPs that generate cannabis-related quarterly sales less than C$5 million, fell 5.6% as it closed at 79.00.

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