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The Evolving Cannabis Stock Landscape (FUNN, TLRY, CGC, SNDL, GRWG, ACB)

Grand View Research recently came out with a fresh analytic take on the future prospects of the cannabis marketplace, noting that the global legal marijuana market size was valued at $9.1 billion in 2020 and is now expected to expand at a compound annual growth rate (CAGR) of 26.7% from 2021 to 2028, suggesting that the space could be worth over $60 billion by that time. But what it was a couple of years ago and what it will be a couple of years hence are two very different ideas. Changing...

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The Emerging Landscape for Cannabis Stocks (ECOX, TLRY, GRWG, ACB, CGC, SNDL, MJNA, MCOA)

According to a recent report from ResearchAndMarkets.com, the global cannabis market is estimated to be valued at $20.5 billion in 2020 and is projected to reach $90.4 billion by 2026, recording a CAGR of 28%, in terms of value. This makes it one of the fastest-growing large consumer markets in North America over the coming decade. That should signal an important development for secular long-term investors. As the cannabis marketplace matures further, one can anticipate disruptions and...

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Cannabis Plays Could be an Opportunity as Growth Stocks Implode

The march toward legalization in the US pushes forward unabated, but cannabis stocks continue to consolidate and correct, which may ultimately offer a new and interesting opportunity for growth investors and speculators. Over recent days, we have learned that Alabama lawmakers voted to legalize medical marijuana. That was accompanied by news that a new bill to approve the use of medical marijuana is making its way through the Kansas legislature. The bill passed through the House and is on its...

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How to Play the US-Centric Future of the Cannabis Industry (OTC US: TCNNF) (NASDAQ: OGI) (OTC US: MEDH) (OTC US: CRLBF) (NYSE: ACB) (NASDAQ: CGC)

As reported in the New York Times this weekend, the big Canadian producers like Aurora Cannabis Inc (NYSE:ACB), Canopy Growth Corp (NASDAQ:CGC), and OrganiGram Holdings Inc (NASDAQ:OGI) are suffering longer than expected in terms of profitability following the country’s nationwide legalization move for recreational use several years ago. Canopy Growth, for example, the Canada’s largest producer, lost 1.2 billion Canadian dollars, or about $950 million, in the first nine months of its current...

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Hemp and Cannabis Stocks Gear Up for Election Day (NASDAQ: APHA) (NASDAQ: TLRY) (OTC: RLBD) (NYSE: ACB)

The green wave election year theme is back on the radar, with election day just a week away. Naturally, the hype is already underway, and the cannabis, hemp, and CBD space has begun to react. But coming days and weeks could represent an interesting opportunity for stocks in the space given that the structural theme of legalization will be front and center. In addition, polling numbers slant heavily in Biden’s favor and the Biden-Sanders "unity task force" put together a lengthy document of...

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