2024-03-31 13:06:02 ET
Summary
- Ascend Wellness has rallied 29.5% in 2023, but this is less than most other MSOs.
- The stock has big upside potential, though it could fall sharply too if cannabis is not rescheduled.
- It is the cheapest Tier 1 or Tier 2 MSO again.
I wrote about Ascend Wellness (AAWH) in early November, saying it was no longer the cheapest MSO . The stock was trading at just $1.00 then, and it now trades much higher. I like it, though! To be fair, I liked it then too, but I was concerned that it wasn't as cheap to its peers as it had been....
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Ascend Wellness Is A Cheap Cannabis Stock