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CannabisNewsBreaks – technical420 Highlights Five Companies Capitalizing on Different Cannabis Industry Verticals

Company: Five Cannabis Companies
Category: News

A recent editorial by Anthony Varrell of technical420 highlights five companies that are capitalizing on different verticals of the cannabis industry, including Aleafia Health (TSX: ALEF) (OTC: ALEAF), PharmaCielo (TSX.V: PCLO) (OTCQX: PCLOF), Namaste Technologies (TSX.V: N) (OTCQB: NXTTF), ManifestSeven, and Canopy Growth (TSX: WEED) (NYSE: CGC). “2020 is expected to be a breakout year for the cannabis industry and with primary growth drivers to be the opening of new markets, the maturing of existing markets, and the increasing number of products for purchase by recreational consumers in Canada,” Varrell writes. “During the last year, the cannabis sector was under substantial pressure and the valuations associated with these companies plummeted across the board. Although the recent trend has been to the downside, there is a subset of companies that have been executing on previously announced initiatives and that represent attractive growth opportunities. We believe that the recent pressure makes the sector look much more attractive from a valuation standpoint.”

To view the full article, visit http://cnw.fm/GfBw0

About technical420

Technical420 is dedicated to educating investors about the risk and rewards of investing in the cannabis industry. It highlights companies that have the most growth potential by utilizing its proprietary analytics platform. For more information, visit www.technical420.com.

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CannabisNewsWire (CNW) is an information service that provides (1) access to our news aggregation and syndication servers, (2) CannabisNewsBreaks that summarize corporate news and information, (3) enhanced press release services, (4) social media distribution and optimization services, and (5) a full array of corporate communication solutions. As a multifaceted financial news and content distribution company with an extensive team of contributing journalists and writers, CNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. CNW has an ever-growing distribution network of more than 5,000 key syndication outlets across the country. By cutting through the overload of information in today’s market, CNW brings its clients unparalleled visibility, recognition and brand awareness. CNW is where news, content and information converge.

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