Cannabis News Box

Bank of America VP predicts a $166 billion cannabis market

Bank of America VP predicts a $166 billion cannabis market

Bethan Rose Jenkins, Cannabis News Writer/Editorial

May 31, 2019

Over the past decade, cannabis has filtered into the mainstream retail market. Broadscale legalization of the plant has contributed to a surge in investor interest, where cannabis investors traded pot stocks like Aurora Cannabis (NYSE:ACB), Innovative Industrial Properties (NYSE:IIPR) and Cronos Group (N...

Merrill Lynch initiates cannabis sector coverage and predicts more cross-border deals

Merrill Lynch initiates cannabis sector coverage and predicts more cross-border deals

Bethan Rose Jenkins, Cannabis News Writer/Editorial

April 30, 2019

Bank of America Merrill Lynch recently amplified its interest in the legal cannabis industry after it released a report that predicts two significant events likely to cause a paradigm shift: an end to federal prohibition in the U.S. and cannabis oversupply issues by 2021. “Importantly, whether leg...

Bank of America Merrill Lynch