JGR Capital Reports on Five Cannabis-Related Companies

Jun 14, 2018

The U.S. now has 22 states that have legalized medical marijuana, 16 that have approved the usage of CBD and THC products and eight that have legalized recreational cannabis use. Marijuana use in Canada is generally legalized, and there is a total of 105 authorized licensed producers (LPs), with eight provinces allowing homegrown cannabis. In a recent report, JGR Capital, a New York-based equity research firm, highlighted the largest single U.S. cannabis company listed on the Canadian exchange, plus four cannabis-related companies that have raised capital.

Los Angeles-based cannabis producer MM Enterprises, now renamed MedMen Enterprises (CSE: MMEN) following a reverse merger, is the largest U.S. cannabis company listed on the Canadian Securities Exchange. The company’s short position in cannabis-related stocks reached a record high of over…

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