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Benzinga
Benzinga
Business
Jelena Martinovic

Why Should Cannabis Investors Pay Attention To Germany? These Stocks Will Benefit From Imminent Legalization

Pablo Zuanic Germany Cantor Fitzgerald Nasdaq Karl Lauterbach United States

With US federal legalization stalled and its near-term outcome uncertain, cannabis stocks are taking a hit. Cantor Fitzgerald's analyst Pablo Zuanic advised investors to turn their interest to Germany, or at least for now.

"We suggest investors pay attention to Germany, as legalization there could result in the significant upside for a few NASDAQ-listed cannabis stocks," the analyst said in his 14-page market report released on Monday.

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