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CBD Boom Spreads to Hong Kong as China Resists: Cannabis Weekly


CBD Boom Spreads to Hong Kong as China Resists: Cannabis Weekly
Apr 05 2021, 6:46 PM
April 05 2021, 4:30 PM
April 05 2021, 6:46 PM
(Bloomberg) From government-produced videos to posters plastered on subway walls, Hong Kong’s staunch opposition to cannabis is clear. But as it takes a more liberal approach to CBD, consumer demand is soaring.
(Bloomberg) From government-produced videos to posters plastered on subway walls, Hong Kong’s staunch opposition to cannabis is clear. But as it takes a more liberal approach to CBD, consumer demand is soaring.
Cannabidiol, or CBD, is popping up in cosmetics and beverages, while new businesses are catering to customers who hope the substance can ease pain or soothe anxieties. Hong Kong’s first CBD café, named Found, has boosted monthly sales fivefold since opening in June. ....

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Friday's analyst upgrades and downgrades - The Globe and Mail

Friday's analyst upgrades and downgrades - The Globe and Mail
theglobeandmail.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from theglobeandmail.com Daily Mail and Mail on Sunday newspapers.

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Day Traders Now Helping to Power Marijuana ETFs


Day Traders Now Helping to Power Marijuana ETFs
February 10, 2021
Cannabis sector-related exchange traded funds maintained their momentum on Wednesday as the Reddit crowd of day traders turned their attention to marijuana stocks.
Among the best performing non-leveraged ETFs of Wednesday, the
Meanwhile, shares of Tilray (NasdaqGS: TLRY) jumped another 38.5% and were on track for their best three-day gain ever. The company stock has surged over 500% since the start of the year.
The group of marijuana stocks are catching the eye of the same group of WallStreetBets Reddit traders that contributed to the short squeeze in GameStop (NYSE: GME) last month after several users expressed optimism over the stock’s outlook, CNBC reports. ....

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