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With the global economy withering under the COVID-19 pandemic, the odds of a wave of bankruptcies wiping out underperforming cannabis firms are on the rise.
During the past three years, despite the market's gain of 23%, many major marijuana stocks are down by 65% or more. But the industry's leaders will eventually overcome this stigma.
Ladenburg Thalmann sees more than 30% upside in three popular marijuana stocks.
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[Editor’s note: “Cannabis Stocks Are Gaining, but We’re Still Bearish” was previously published in October 2022. It has since been updated to include the most relevant information available.]
Before Canada legalized marijuana in 2018, Canopy Growth (NASDAQ: CGC) was seen as a top cannabis stock, an industry leader, and arguably one of the best stocks to invest in for people who were ...
Industry analysts project global cannabis sales to grow at a compound annual rate of 34% from 2023 to 2030, potentially reaching $444 billion by the decade's end.
When it comes to investing in pot stocks, investors should pull out their history books and read up on the birth of the internet services industry in the late 1990s.Much like the internet services ...
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