Cannabis sector limps into 2025 because ‘the gold rush is over'
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The cannabis sector is facing challenges as it moves into 2025, with investors hoping for a turnaround after significant losses in 2024. The 'gold rush' period for cannabis stocks appears to be over, impacting equity prices in the U.S. market.
December 27, 2024 | 1:45 pm
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THCX, a cannabis ETF, is likely to be impacted by the overall downturn in the cannabis sector as it moves into 2025. Investors are hoping for a recovery after a challenging year.
The article highlights the end of the 'gold rush' for cannabis stocks, indicating a challenging environment for THCX, which is directly tied to the performance of the cannabis sector. The negative sentiment and past losses suggest a likely short-term downturn.
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IMPORTANCE 70
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