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However, amid surging inflation levels and the resurgence of COVID-19 cases, cannabis legalization doesn’t seem to be a priority of the U.S. government right now. Many cannabis company CEOs are not expecting marijuana to be federally legalized in the United States in 2022.
Given this backdrop, it could be wise to avoid fundamentally weak cannabis stocks of Green Thumb Industries Inc . (GTBIF), Canopy Growth Corporation (CGC), Planet 13 Holdings Inc. (PLNHF), and Flora Growth Corp. (FLGC).
