|Forum - Pinks and BB
||Pinks And BB Top Stock Picks|
|From: jonnyb (Rep: 88)||Date: 10/11/2018 14:47|
|Forum: Pinks and BB - Msg #130897||Thread #674040936 (Rec: 0) |
|No. 1 Wall Street pot analyst says the marijuana market will be much bigger than she first thought|
The cannabis industry's rapid evolution and new strategic partnerships with mainstream brands reveal a far larger possible market for legal marijuana than investors and analysts first anticipated, according to Cowen.
Cowen's Vivien Azer nearly triples her 12-month price forecast on Canadian marijuana producer Tilray this week to $172 from $62.
Recreational use of cannabis in Canada becomes legal Oct. 17, though each of the country's 10 provinces will be able to regulate the market within their jurisdiction.
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