News Formal

​Investment opportunities in cannabis stocks: Three hot picks from Matt Bottomley - BNN Bloomberg

  • 📰 BNNBloomberg
  • ⏱ Reading Time:
  • 19 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 50%

Sverige Nyheter Nyheter

Sverige Senaste nytt,Sverige Rubriker

Cannabis stocks have been under pressure for the last two years and many companies have hit all-time lows, but one analyst believes there could be a turnaround story for the sector.

In an interview with BNN Bloomberg’s Amber Kanwar on Monday, Matt Bottomley, director of equity research at Canaccord Genuity Group Inc., said the marijuana sector is suffering from a regulatory problem both in the U.S. and Canada.He believes once these issues are out of the way, more institutions will get involved within the space.

“Just because we’re at the lows of the lows right now, it doesn’t mean the bullish prospects aren’t there,” he said. He recommended Green Thumb Industries Inc , Trulieve Cannabis Corp and Curaleaf Holdings, Inc. as his top picks in the cannabis sector. Bottomley, his family, his firm and his investment banking clients do not own any of the stocks mentioned above.

 

Tack för din kommentar. Din kommentar kommer att publiceras efter att ha granskats.

$Hiti is executing better than most US MSOs

Vi har sammanfattat den här nyheten så att du kan läsa den snabbt. Om du är intresserad av nyheterna kan du läsa hela texten här. Läs mer:

 /  🏆 83. in SE

Sverige Senaste nytt, Sverige Rubriker

Similar News:Du kan också läsa nyheter som liknar den här som vi har samlat in från andra nyhetskällor.

Saudi Aramco boosts its investment in China with two refinery dealsThe deals would see Saudi Aramco supplying two Chinese companies with a combined 690,000 barrels a day of crude oil So we need to go broke for the sake of climate change but China gets a pass?
Källa: globeandmail - 🏆 5. / 92 Läs mer »