US multi-state operators ripped higher on Tuesday, with Green Thumb Industries (GTBIF) surging 13.85% to close at $8.29 — its sharpest single-session move in months. The AdvisorShares Pure US Cannabis ETF (MSOS) tracked the move closely with a 10.04% gain to $5.15, signalling broad-based buying across the plant-touching cohort rather than a single-name story. Trulieve Cannabis (TCNNF) added 8.15% to $9.42, capping a session in which the sector’s three highest-weighted US operators all printed high-single-digit or double-digit gains.
The BoC Cannabis Index, an equal-weighted average of the 13 sector benchmarks Business of Cannabis tracks daily, closed up 3.34% on the session. Breadth was decisively positive: 10 names advanced, 2 declined, and one finished flat — one of the strongest one-day breadth prints the sector has logged this quarter. The rally was concentrated in US MSOs while Canadian licensed producers posted more modest gains; only biotech CGON and cannabis-focused REIT Innovative Industrial Properties (IIPR) finished in the red, breaking from the otherwise bullish tape. Notably, the gap between today’s top gainer and top loser stretched more than 16 percentage points, underlining how dispersed performance has become within the cohort.
Green Thumb’s 13.85% advance to $8.29 came on no immediate news catalyst, though investor positioning around US federal reform optimism continues to favour the largest operators with the cleanest balance sheets. Sister MSOs Trulieve (+8.15%) and Curaleaf (CURLF, +4.24%) followed close behind, while the MSOS ETF’s 10.04% jump to $5.15 reflects concentrated wrapper-level flows into the cohort. On the downside, CGON was the day’s worst performer, slipping 2.71% to $66.82, with IIPR easing 0.27% to $55.76 in a session that left REITs and ancillary names out of the rally. Aurora® Cannabis (ACB, +3.54%) and Tilray Brands (TLRY, +2.07%) rounded out a respectable showing from the Canadian LPs, with Canopy Growth® (CGC) tacking on 1.27% to $1.20 and SNDL closing flat at $1.51.
The clear divergence between US plant-touching operators and the rest of the cohort underscores the increasingly bifurcated nature of cannabis equities — Canadian LPs and the REIT segment are no longer moving in lockstep with US MSO momentum. With Q1 earnings season approaching, investors will be looking to operators like Green Thumb and Curaleaf to validate today’s bid with cash-flow performance. Track all cannabis stocks live on the Business of Cannabis Stocks Hub.
The post Cannabis Stocks Today — Tuesday 28 April 2026: GTBIF Leads +13.85% as Sector Rallies appeared first on Business of Cannabis.
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The BoC Cannabis Index, an equal-weighted average of the 13 sector benchmarks Business of Cannabis tracks daily, closed up 3.34% on the session. Breadth was decisively positive: 10 names advanced, 2 declined, and one finished flat — one of the strongest one-day breadth prints the sector has logged this quarter. The rally was concentrated in US MSOs while Canadian licensed producers posted more modest gains; only biotech CGON and cannabis-focused REIT Innovative Industrial Properties (IIPR) finished in the red, breaking from the otherwise bullish tape. Notably, the gap between today’s top gainer and top loser stretched more than 16 percentage points, underlining how dispersed performance has become within the cohort.
| Ticker | Price | Change ($) | Change (%) |
|---|---|---|---|
| GTBIF | $8.29 | +$1.01 | +13.85% |
| MSOS | $5.15 | +$0.47 | +10.04% |
| TCNNF | $9.42 | +$0.71 | +8.15% |
| CURLF | $3.44 | +$0.14 | +4.24% |
| ACB | $3.51 | +$0.12 | +3.54% |
| TLRY | $6.89 | +$0.14 | +2.07% |
| VFF | $2.89 | +$0.05 | +1.76% |
| CGC | $1.20 | +$0.01 | +1.27% |
| CRON | $2.70 | +$0.02 | +0.75% |
| GRWG | $1.38 | +$0.01 | +0.73% |
| SNDL | $1.51 | $0.00 | 0.00% |
| IIPR | $55.76 | -$0.15 | -0.27% |
| CGON | $66.82 | -$1.86 | -2.71% |
Green Thumb’s 13.85% advance to $8.29 came on no immediate news catalyst, though investor positioning around US federal reform optimism continues to favour the largest operators with the cleanest balance sheets. Sister MSOs Trulieve (+8.15%) and Curaleaf (CURLF, +4.24%) followed close behind, while the MSOS ETF’s 10.04% jump to $5.15 reflects concentrated wrapper-level flows into the cohort. On the downside, CGON was the day’s worst performer, slipping 2.71% to $66.82, with IIPR easing 0.27% to $55.76 in a session that left REITs and ancillary names out of the rally. Aurora® Cannabis (ACB, +3.54%) and Tilray Brands (TLRY, +2.07%) rounded out a respectable showing from the Canadian LPs, with Canopy Growth® (CGC) tacking on 1.27% to $1.20 and SNDL closing flat at $1.51.
The clear divergence between US plant-touching operators and the rest of the cohort underscores the increasingly bifurcated nature of cannabis equities — Canadian LPs and the REIT segment are no longer moving in lockstep with US MSO momentum. With Q1 earnings season approaching, investors will be looking to operators like Green Thumb and Curaleaf to validate today’s bid with cash-flow performance. Track all cannabis stocks live on the Business of Cannabis Stocks Hub.
The post Cannabis Stocks Today — Tuesday 28 April 2026: GTBIF Leads +13.85% as Sector Rallies appeared first on Business of Cannabis.
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