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This month, Uber Technologies, Inc. (NYSE:UBER) announced that it would allow its consumers in Ontario, Canada, to place orders for cannabis on its Uber Eats app. Also, 68% of U.S. adults currently support the legalization of marijuana, and GOP lawmakers are now increasingly supporting broad legalization at the state and federal levels. This support has generated positive investor sentiment surrounding the cannabis market.
Cannabis stocks Sundial Growers Inc . (NASDAQ:SNDL) and OrganiGram Holdings Inc. (NASDAQ:OGI) are up more than 30% in price in 2021. Therefore, we think these stocks could be good additions to your watchlist.
