Over the last five trading days, including Dec. 24:
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SPDR S&P 500 ETF Trust (NYSE:SPY) was up 1.4%
We also learned the U.S. Drug Enforcement Administration is expanding the number of research licenses it will grant to cannabis cultivators in 2021. Right now, only one entity, the University of Mississippi, holds this type of license.
“DEA believes a range of three to 15 growers is a reasonable sestimate for purposes of this economic analyses, with the understanding that the actual number could vary considerably,” the rule says.
Wisconsin Governor Tony Evers proposed cannabis legalization as a potential way to boost tax revenue, looking to offset the impact of the COVID-19 pandemic. The prospect of adult use is up for consideration in Wisconsin s 2021 budget proposal, but nothing has been decided so far.
January 3, 2021 at 10:55 am
You’re reading a copy of this week’s edition of the New Cannabis Ventures weekly newsletter, which we have been publishing since October 2015. The newsletter includes unique insight to help our readers stay ahead of the curve as well as links to the week’s most important news.
Friends,
We just wrapped up the first year of gains for cannabis stocks since 2017, with the New Cannabis Ventures Global Cannabis Stock Index rising 5%. While the return for the year wasn’t impressive, 2020 ended strongly, with 4th quarter gains of 62%.
In May, we described what we thought at the time was the beginning of a new bull market for cannabis stocks, and we expect the positive trends to continue in 2021. We detailed our positive outlook for American cannabis operators last week, and this week we want to share a broader perspective. Those who have followed the cannabis industry certainly appreciate how it never follows the script. Here are some of the
We Ask Successful Investors: How Can I Beat the Stock Market in 2021? channel3000.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from channel3000.com Daily Mail and Mail on Sunday newspapers.
Dec 31, 2020 at 6:37AM
Are you a cannabis investor looking for a quality stock to add to your portfolio? Then you probably know how challenging it can be to find a marijuana investment that s both profitable and trading for cheap. But with a little digging, it s clear that there are still some great opportunities for you to benefit from its inevitable growth.
Two pot stocks you can hold heading into 2021 that will give you a good balance of growth and profitability are
Village Farms International (NASDAQ:VFF). Both stocks are up more than 63% this year and have outperformed both the
Horizons Marijuana Life Sciences ETF that s down 9% and the