Marijuana Stocks Gain Momentum on Cannabis Reform Hopes – Bloomberg

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Americas+1 212 318 2000
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Asia Pacific+65 6212 1000
Investors have been diving into cheap pot stocks in hopes that a change in US policy will unlock major upside for cannabis companies.
A look at funds and stocks following the marijuana industry ahead of the unofficial marijuana holiday of April 20, popularly known as 4/20, reveals that despite little movement on regulatory reform the industry is outperforming the broader market since October. After hitting its lows in 2023, the industry has been benefiting from a buy-the-dip mentality.

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