Pot retail investors remain optimistic despite stagnance

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Pot stocks are in the doldrums but affluent investors are upbeat. Despite a bear market that’s seen the average cannabis stock lose more than half its value since March, 79 per cent of Canadians and 74 per cent of Americans still find the industry appealing, according to a new survey of 660 retail investors with at least $250,000 (U.S.) in investable assets. The survey was commissioned by California-based omnichannel cannabis platform ManifestSeven and conducted by FTI Consulting Inc.

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