Justin Bieber is entering the weed business. Here are three stocks to watch the cannabis boom

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The singer is making a pot play. You can, too

Green Thumb is a vertically integrated cannabis company headquartered in Chicago. It has 16 manufacturing facilities, six consumer product brands, more than 60 operating stores and licenses for 111 retail locations.

Business, however, is going up. Revenue totalled US$221.9 million for the quarter that ended in June, up 85.4 per cent year over year. But the best part has been the bottom line. Green Thumb turned a profit of US$22.1 million for the quarter, compared to a loss of US$12.9 million in the year-ago period.With a market cap of around US$8 billion, Curaleaf is a bigger company than both Trulieve and Green Thumb.

During the second quarter, revenue increased 166 per cent year over year to US$312 million. For the full year, the company is projected to bring in US$1.2 billion to US$1.3 billion.

 

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Except when he's home. Likely from BC 😎or a great little hideaway in the SIX ♥️🇨🇦🇺🇸 justinbieber

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Canopy eyes U.S. expansion with weed gummies maker Wana Brands' acquisitionCanopy Growth says it plans to buy weed gummies maker Wana Brands for US$297.5 million, as the world's biggest pot producer looks to expand in the U.S. cannabis market. So a Canadian company can expand their cannabis business into the US but if I tell a border guard that I have ever smoked a joint, I will be forever banned. Have I got that right
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