Last week, global equity markets were down 0.9% (down 0.9% in the prior week as well), and gold surpassed US$1,900/oz, amid escalating tensions in Eastern Europe.
Valuations of gold producers were up 3% (up 15% previously) last week; base metal producers were down 7% (up 5% previously).
Prices of mainstream/popular cryptos decreased 10% on average last week. As noted last week, we were expecting weakness in the S&P 500 and crypto prices.
As of February 22, 2022, there are 3,070 retail cannabis stores in Canada, an increase of 39 stores WoW, including 24 in Ontario, eight in B.C., and seven in Alberta.