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Very odd today. My most speculative cannabis holdings (e.g., iAnthus Capital Holdings ) are moving up smartly while the less speculative names are languishing. Not sure what, if anything, I should make of this. I would also add that, for the fourth...
Still, the firm rates the companies mentioned as speculative buys.
Northland Capital Markets has initiated coverage on iAnthus, which competes in the cannabis industry.
The start to 2019 looks to be much more promising for the cannabis industry than last year.
Gov. Andrew Cuomo's push to legalize adult use of marijuana would be welcome by these companies.
The stock closed down on its first day of trading on the CSX. Here is a breakdown of the current landscape and some up-and-comers to keep an eye on.
Cannabis companies already are positioning themselves in the Sunshine State for what could be a multibillion-dollar market in the years ahead.