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A Volatile Shift in Cannabis Markets
In the wake of a significant uptick in U.S. cannabis equities in September, October witnessed a stark reversal, plunging many cannabis companies back to their pre-HHS announcement valuations.
Scott Fortune, the lead analyst at Roth MKM attributes this volatility to a confluence of global and domestic challenges, including geopolitical instability, the near shutdown of the House and then the appointment of anti-cannabis Speaker Mike Johnson.
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