The Trees N Clouds Daily Market for Friday: industry money backed the losing side, MSOS drops 5.4%, and Michigan's infused pre-roll habit.
What's in today's video
News: Cannabis companies gave a combined $11.5 million in June to a Trump-linked PAC, and almost every Republican in Congress it supported lost last week. The incoming governors of Kansas and Wisconsin want to legalize, and Illinois began enforcing its restrictions on intoxicating hemp THC products on Nov 12.
Markets: #MSOS fell 5.4% to $3.86 on Thursday, and only 2 of 17 liquid cannabis names finished higher. #Curaleaf ($CURLF) dropped 9.1% to $8.06, #GreenThumb ($GTBIF) 5.5% and #VillageFarms ($VFF) 5.6%. #Tilray ($TLRY) fell 4.6% to $2.49, near its 52-week low.
Shelves: Infused pre-rolls make up 16.2% of the average Michigan dispensary's category mix, about twice Washington's 7.6%. Colorado leans on edibles at 18.8%, and Illinois is the flower state at 38.5%.
Which state's mix surprises you most?
Stock moves are correlations, not proof of cause. Not investment advice. Shelf data: Trees.Cloud menu data, snapshot Nov 10, 2026; average category share of estimated store revenue, modeled from dispensary menus.
Download the slides
Every slide from today's video is free to download and share, with credit to Trees N Clouds.
- Slide 1: Intro (PNG)
- Slide 2: Cannabis news (PNG)
- Slide 3: Cannabis stocks (PNG)
- Slide 4: State of the Market (PNG)
#cannabis #cannabisindustry #cannabisstocks #cannabispolicy #prerolls
