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CERAF - Cansortium: One Of Few Remaining Florida Cannabis Gems
March, 02 2021 06:54 PM
Ceres Acquisition
Cansortium mainly focuses on the Florida cannabis market, but also owns small assets in Texas, Pennsylvania, and Michigan. Florida is an attractive cannabis market for MSOs due to its limited licenses and fast-growing medical market. We view the stock as speculative as its cheap valuation is negated by a shaky balance sheet and past debt restructuring. For further details see:
Cansortium: One Of Few Remaining Florida Cannabis Gems
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