How Federal Legalization Could Boost Ancillary Cannabis Stocks in 2025
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The cannabis industry is poised for growth as legalization efforts expand in the US. Ancillary cannabis companies, which provide essential products for cultivation, are expected to benefit significantly by 2025 due to advancing legislation and technology.
January 12, 2025 | 3:15 pm
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The Cannabis ETF (THCX) could benefit from the growth of ancillary cannabis companies as legalization efforts expand in the US. These companies, which provide essential cultivation products, are expected to thrive by 2025.
THCX includes ancillary cannabis companies that provide essential products for cultivation. As US legalization efforts expand, these companies are expected to grow, potentially boosting THCX's performance.
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