Cannabis 2.0 is producing a new set of industry leaders as regulations shift. Investopedia breaks down how last years crash in cannabis stocks occurred and how this year is nearing a complete 180. They also talk about this years popular cannabis stocks or the "U.S. Cannabis Fab Four". - Curaleaf ($165.4M pro-forma revenues; $28M adjusted EBITDA) - Green Thumb Industries ($119.6M revenues; $35.4M adjusted EBITDA) - Trulieve ($120.8M in revenues; $60.5M adjusted EBITDA) - Cresco ($94.3M revenues; $16.5M adjusted EBITDA) Trulieve is the only legal edible source at the moment in Florida : https://esteem.app/weedcash/@trichomesnetwork/first-marijuana-edibles-arrive-in-florida-doctors-say-to-go-easy Get the low down from Investopedia at : https://www.investopedia.com/the-fangification-of-cannabis-stocks-5078003 Image source : Pixabay.com
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Stifel analyst Andrew Carter is recommending GrowGeneration (GRWG) stocks. They think it could hit $22 and is currently around $16.
GrowGeneration (GRWG) is a hydroponics chain store. The hydroponics industry is expected to reach $20 billion by 2030. A big benefit of investing in cannabis hydroponics is that the technology is also used for many other plants.. Get the low down at : https://realmoney.thestreet.com/investing/cannabis/growgeneration-on-a-tear-as-the-cannabis-field-expands-15410700 Image sourced : Pixabay |
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