Three of the Biggest Cannabis Catalysts Heading into New Year 2020
Aphria Inc. (APHA)
Last aphria inc. earnings: 4/14 09:00 pm
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Source: PR Newswire
PALM BEACH, Florida, Dec. 12, 2019 /PRNewswire/ -- Cannabis could very well be the hottest buzzword of 2020. For one, we're just beginning to see higher approval ratings for cannabis in the U.S. According to the Pew Research Center, 67% of Americans now support its legalization. In addition, only 32% of adults now oppose legalization, as compared to 52% in 2010. Two, many more retailers are jumping on board. Neiman Marcus, Abercrombie & Fitch, Vitamin Shoppe, Kroger's, Barney's, DSW, CVS, American Eagle Outfitters, Sephora, Dick's Sporting Goods, and even Dollar General will sell CBD products. Three, with U.S. presidential elections just months away, cannabis is becoming a hot platform topic. President Trump for example has said he would support bipartisan efforts in Congress to ease the federal ban on marijuana. That's creating sizable opportunity for companies including Veritas Farms Inc. (OTCQB:VFRM), Aphria Inc. (NYSE:APHA)(TSX:APHA), Cronos Group Inc. (NASDAQ:CRON), Green Growt
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