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All about Reddit effect takes cannabis stocks on a wild ride - Financial


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<img class="featurable" style="max-height:300px;max-width:400px;" itemprop="image" src="https://www.cannabisindustrylawyer.com/wp-content/uploads/2020/04/Cannabis-Stock-News-CFN-Media-1024x536.jpg" alt="citybizlist : New York : Weekly Cannabis Stock News: New York Gets High on Weed Again"><span style="display:none" itemprop="caption">Biome Grow Inc(BIO.CN) ( BIOIF) Announces OTCQB Listing - MJ Shareholders</span>
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<img class="featurable" style="max-height:300px;max-width:400px;" itemprop="image" src="https://s.yimg.com/ny/api/res/1.2/hZtjP5CaxUdhfIzCE_TmxA--/YXBwaWQ9aGlnaGxhbmRlcjt3PTY0MDtoPTQyNw--/https://cdn2.benzinga.com/files/imagecache/600x400xUP/images/story/2012/seedling-1062908_1920_30.jpg" alt="Buds &amp; Duds: FSD Pharma Inc, Trulieve Cannabis Corp, HEXO Corp, Aurora Cannabis Inc, Canopy Growth Corporation"><span style="display:none" itemprop="caption">Invest in these cannabis stocks without touching the plant - Cannabis News Box</span>
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<h1 style="clear:both" id="content-section-0">Everything about Global Cannabis Applications Corp- CSE - Canadian<br><img width="483" src="https://www.lehighvalleylive.com/resizer/Uo2uEbYsljgL_vhrh1PC0F6rxsY=/1280x0/smart/arc-anglerfish-arc2-prod-advancelocal.s3.amazonaws.com/public/QKB32LWHYNFVXKKEO7O2XLDUQQ.JPG"><br></h1>
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<p class="p__0">g. brand-new brick-and-mortar stores, e-commerce growth), lower legal market pricing, and the launching of new cannabis-derived products unavailable to the illicit market," Gomes said. Recreational cannabis sales are projected to account for just over half the earnings mix for the Canadian marijuana market at $3. 9 billion in 2021, but with more approval and the gradual elimination of the illegal market, Gomes projections recreational sales to represent 90.</p>
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<p class="p__1">Meanwhile, medical marijuana sales remain constant throughout the decade at around $600 million each year. Gomes pays particular attention to business in referencing the significance of the marketplace on licensed manufacturers and sellers: Toronto-based independent merchant Fire and Flower (Fire and Flower Stock Quote, Chart, News TSX: FAF) and Calgary-based manufacturer High Tide Inc.</p>
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<p class="p__2">In his December 14 analysis coinciding with the business's 3rd quarter monetary results being released, Gomes viewed Fire and Flower in a favorable light with an "Outperform" rating, paired with a target price of $15/share and a projected one-year return of 158 per cent at the time of his latest update on the business (December 14).</p>
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<p class="p__3">"We see FAF as one of the long-lasting winners in the Canadian retail space due to their partnership with Alimentation Couche-Tard, digital capabilities, and strong capital position," Gomes said. Meanwhile, in his October 20 analysis, Gomes noted that High Tide had rotated its Canna Cabana stores to a discount rate club retail design, a relocation planned to enable High Tide to take on other Canadian value brand names.</p>
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<h1 style="clear:both" id="content-section-1">The Only Guide for Buy Corporate Cannabis ETF (MJ) - Stash<br></h1>
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<p class="p__4">Gomes provided HITI an "Outperform" rating in his October 20 report and $13. 25 target for a predicted return at the time of 79 percent. "For LPs, our thesis is that the Canadian market provides a large upside to the appraisals of mid- and small-caps that execute well," Gomes stated.</p>
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<img class="featurable" style="max-height:300px;max-width:400px;" itemprop="image" src="https://i.cbc.ca/1.5002091.1550689520!/cpImage/httpImage/image.jpg_gen/derivatives/16x9_780/pot-stock-lottery-20190201.jpg" alt="Cannabis Stock Trading Volume Kicks Off in Fall - Stock Market News - US News"><span style="display:none" itemprop="caption">Marijuana Stock Recap: 3 Cannabis Stocks To Watch This Week - Marijuana Stocks - Cannabis Investments and NewsRoots of a Budding Industry.™</span>
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<p class="p__5">Start the New Year With Schaeffer's 7 FREE 2022 Stock Picks!</p>
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<p class="p__6">There is a load of uncertainty in the investing world right now. Initially, Source -19 strains have developed into an ever-present danger to the whole economy. Second, numerous companies are still having problem with supply chain concerns. Lastly, analysts anticipate interest rates to rise at any minute. However, in spite of all of this turmoil, a few business have begun the season off strong.</p>
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<p class="p__7">Let's take a look at a few of these top trending stocks and see why investors are excited about them.</p>
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Website: https://telegra.ph/Getting-My-2-Top-Cannabis-Stocks-to-Buy-For-the-Long-Haul---NewsBreak-To-Work-03-03
     
 
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