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Pot Stocks Go on a Chilled-Out Election Rally

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Heard on the Street: Shares in cannabis companies have risen as polls point to a Democratic victory in November, but investors are less excitable than in 2016

Since mid-August, the 10 largest North American pot stocks by market value are up 20%, according to Viridian Capital Advisors. This is relatively muted compared with the 83% rally seen in the three months before the 2016 election.

 

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heard Jail all potheads for life!

heard I've got a house for sale in Maine where weed is legal.

heard mucho smokey buds in norcal and all over outside

heard Come on, dude wasn’t even hittin that fresh bowl

heard The Trump administration has cost the industry hundreds of millions in legal expenses. Expect these stocks to move in a major way once this negative pressure is removed.

heard They need to just sit and just try some. Don't knock it till you try it!

heard Seems like there is no proven vertical business model to compete across state lines legalizeit

heard Investors are leery of giving their money to stoners... what a shock.

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