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High Tide Reports Third Quarter 2021 Financial Results Featuring a 99% Increase in Revenue and Sixth Consecutive Quarter of Positive Adjusted EBITDA
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Why Aurora Cannabis Stock Plunged 22% in July
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High Tide Announces Addition to the Horizons Marijuana Life Sciences Index ETF (TSX: HMMJ) and Results of Annual General Meeting - Press Release
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This article by Hugo Gray was originally published on The Green Fund, and appears here with permission.
Conversely, the Australian Cannabis Index underperformed again last week, as investors turned their attention towards the US cannabis market.
The US cannabis market reacted in jubilation last week, after the Secure and Fair Enforcement (SAFE) Banking Act which would make it legal for insurers and banks to work with the cannabis industry was successfully passed by the House of Representatives.
Meanwhile, the recent influx of states electing to legalize cannabis prompted analysts at the investment firm Cowen Inc to revise their annual market forecast for the US recreational market to $41 billion by 2025.
mriApril 24, 2021
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Market Research Inc. provides delicate analysis of the market share, size, segmentation, revenue forecasts and geographic regions of the market. The report determines the primary growth factors, restraints and opportunities influencing the market outlook in the upcoming years. The study provides detailed information regarding the impact of COVID-19 on the growth of Medical Marijuana Market. With the pandemic undeviating, stringent lockdown measures have withheld the gain of several industries and will continue to have a persisting impact even after the economy restores. Most of the businesses across various industry verticals have adjusted their budget plans in a bit to re-establish profit prediction for the ensuing years.