Cannabis Regulatory Changes Are A Key Stock Catalyst, Analyst Says

Cantor FItzgerald has highlighted several key factors in the year ahead for the THC and CBD markets.

Pablo Zuanic, a research analyst with the firm, explained that state-level efforts should lead to further adult use and medical reform.

He also posits that legislative action will put pressure on Congress to pass legislation itself.

“Since the 3/18/20 market bottom, the US MJ Index is up 100% (Canada’s +150%), and we think further upside is likely given positive reg catalysts playing out,” stated the July 27, 2020 report.

Four Points to Consider

Cantor identified four areas that should play a significant …

Full story available on Benzinga.com

More Cannabis Regulatory Changes Are A Key Stock Catalyst, Analyst Says