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Weed stocks are hitting new highs after Biden win - TechCrunch Can Be Fun For Everyone


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<img class="featurable" style="max-height:300px;max-width:400px;" itemprop="image" src="https://assets.cmcmarkets.com/images/marijuana-stocks-3.jpg" alt="Three good-looking cannabis stocks for your portfolio - Cantech Letter"><span style="display:none" itemprop="caption">Green Means Go, U.SCannabis Industry Ready To Grow</span>
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<img class="featurable" style="max-height:300px;max-width:400px;" itemprop="image" src="https://mjshareholders.com/wp-content/uploads/2019/01/biome-grow-inc-bio-cn-bioif-announces-otcqb-listing.jpg" alt="Cannabis Countdown: Top 10 Marijuana Stock News Stories of the Week"><span style="display:none" itemprop="caption">Cannabis Countdown: Top 10 Marijuana Stock News Stories Of The Week - Benzinga</span>
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<h1 style="clear:both" id="content-section-0">The Best Strategy To Use For Top Federal Intelligence Official Loosens - Marijuana Moment<br></h1>
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<p class="p__0">g. brand-new brick-and-mortar stores, e-commerce expansion), lower legal market prices, and the launching of new cannabis-derived products unavailable to the illegal market," Gomes said. Recreational marijuana sales are projected to represent just over half the revenue mix for the Canadian cannabis market at $3. 9 billion in 2021, however with more acceptance and the steady elimination of the illicit market, Gomes forecasts leisure sales to represent 90.</p>
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<p class="p__1">Meanwhile, medical cannabis sales stay continuous throughout the years at approximately $600 million each year. Gomes pays particular attention to companies in referencing the significance of the marketplace on licensed manufacturers and sellers: Toronto-based independent seller Fire and Flower (Fire and Flower Stock Quote, Chart, News TSX: FAF) and Calgary-based producer High Tide Inc.</p>
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<p class="p__2">In his December 14 analysis accompanying the business's third quarter financial outcomes being launched, Gomes viewed Fire and Flower in a positive light with an "Outperform" rating, combined with a target cost of $15/share and a predicted 1 year return of 158 percent at the time of his most current upgrade on the business (December 14).</p>
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<p class="p__3">"We view FAF as one of the long-term winners in the Canadian retail space due to their collaboration with Alimentation Couche-Tard, digital capabilities, and strong capital position," Gomes stated. Meanwhile, in his October 20 analysis, Gomes kept in mind that High Tide had rotated its Canna Cabana shops to a discount club retail model, a relocation intended to permit High Tide to take on other Canadian value brand names.</p>
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<h1 style="clear:both" id="content-section-1">Some Of BofA Analysts Say These Are the 2 Weed Stocks to Buy<br></h1>
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<p class="p__4">Gomes gave HITI an "Outperform" ranking in his October 20 report and $13. 25 target for a forecasted return at the time of 79 percent. "For LPs, our thesis is that the Canadian market offers a big benefit to the assessments of mid- and small-caps that perform well," Gomes stated.</p>
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<img class="featurable" style="max-height:300px;max-width:400px;" itemprop="image" src="https://cdn.shortpixel.ai/spai/w_401+q_lossless+ret_img+to_webp/https://cryptopotato.com/wp-content/uploads/thumbs/cannabis_grow-min-3c3pxd28b1nutcyhp1ea6i.jpg" alt="MO: 3 Cannabis Stocks that Pay Dividends"><span style="display:none" itemprop="caption">Cannabis Stock News Daily Roundup December 11 - Market Exclusive</span>
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<p class="p__5">Begin the New Year With Schaeffer's 7 FREE 2022 Stock Picks!</p>
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<p class="p__6">There is a lots of uncertainty in the investing world right now. First, new COVID-19 pressures have become an ever-present risk to the whole economy. Second, Look At This Piece are still battling with supply chain issues. Finally, experts expect interest rates to increase at any minute. Nevertheless, regardless of all of this chaos, a few companies have actually started the season off strong.</p>
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<p class="p__7">Let's analyze a few of these top trending stocks and see why investors are excited about them.</p>
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Homepage: https://cannabiznewz.com/global-cannabis-sales-expected-to-hit-61-billion-by-2026/