Why two cannabis giants are a Wall Street analyst's top picks

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2 cannabis giants have conquered the market using polar opposite strategies. A Wall Street analyst outlines why they're his top picks.

companies in the US were focused on massive expansions, no matter the capital cost.

In a Sunday note, Zuanic gave the two companies overweight ratings and said they were his top picks in the MSO space. An overweight rating, according to the Cantor Fitzgerald rating system, means the stock's total return is expected to exceed 15% over the next year; it is equivalent to a"Buy" rating.

He added that he expects such federal regulatory changes to happen by 2025, though he adds that this is an assumption. In such a case, Zuanic says interstate commerce and broader retail alternatives are also a possibility.

 

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Meh. We're going to continue to support local, independent, organic growers we know and trust.

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