Which Canadian Cannabis Producer Is Best Positioned To Enter The US?

After Thursday's approval of the Marijuana, Opportunity, 

Reinvestment and Expungement (MORE) Act of 2021 in a 26-15 vote in the House Judiciary Committee, BofA analyst Heather Balsky said in her most recent note that Canopy Growth Corporation (TSX: WEED) (NASDAQ: CGC) is best positioned among Canadian producers to debut in the US upon legalization. 

However, despite the company's stock showing signs of reversal toward the upside on Thursday after months of a steep downtrend, the stock reached a new low on Friday, trading 5.05% lower at 13.16$ per share at the time of writing.

The Analyst

Balsky lowered her …

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