As we near the U.S. elections, cannabis stocks are pushing to higher highs.

For one, with 88% of the public believing cannabis should be legal, there’s growing speculation we could see rescheduling and positive mentions to boost potential votes. In addition, Florida may soon legalize cannabis for adult use. Even Germany just legalized its use.

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With that, keep an eye on cannabis stocks, such as Green Thumb Industries (GTBIF) – which recently authorized a $50 million stock buyback program.

From its last traded price of $13.11, we’d like to see it challenge $15.50 near term.


Ian Cooper