Stifel-GMP: “White House Actions Could Catalyze A Secular Cannabis Bull Market”
Stifel calls this news “the most important development in US cannabis history since the Cole Memo and could snowball into multiple industry tailwinds.” For which they anticipate shares of U.S cannabis companies to increase “up to 3x from current levels in short order.”
One of the larger tailwinds that U.S cannabis investors were looking forward too in the interim was the SAFE act passing during the lame duck session in congrress. Stifel-GMP says that this news out of the White House increases the odds for SAFE to pass, in which they believe there will be a snowball effect, which leads to an ultimate decrease in the cost of capital, uplisting and the inclusion of these companies in major indices, which will help drive institutional shareholder adoption. And lastly, the potential for outside companies to make strategic acquisitions.
https://thedeepdive.ca/stifel-gmp-white-house-actions-could-catalyze-a-secular-cannabis-bull-market/
JUSH jumped $300 M in MCap..GDNS Jumped $58M..CALI under Radar @$1M
About Jushi Holdings Inc.
Jushi is a vertically integrated cannabis company led by an industry-leading management team. In the United States, Jushi is focused on building a multistate portfolio of branded cannabis assets through opportunistic acquisitions, distressed workouts
About Goodness Growth Holdings, Inc.
Goodness Growth Holdings, Inc., is a physician-led, science-focused holding company whose mission is to bring the power of plants to the world. The Company's operations consist primarily of its multi-state cannabis company subsidiary, Vireo Health, Inc., and its science and intellectual property incubator,
About Fincanna Capital Corp.
Fincanna is an investment company that provides growth capital to rapidly emerging private companies operating in the licensed United States cannabis industry. Fincanna is focused on delivering high-impact returns to its shareholders by way of a strategically diversified investment portfolio.
TER & TRUL Both Jumped $300 million in Additional Mcap
Last week see the trend for this Sector....Deals Now an GO.....Movers Makers and shakers Waking Up and preparingbp to Get into Deal Making Mode
Just the Chart Image for Printing