Industry Insights

Why Canadian pot stocks are higher than U.S. pot stocks, despite legislative wins



Vivian Azer, Cowen managing director, joins ‘Power Lunch’ to discuss the boom in pot stocks and why Canadian cannabis stocks …

Canadian pot stocks are outperforming U.S. pot stocks, despite recent legislative wins in the United States. This discrepancy can be attributed to a variety of factors, including the larger market size and more established regulatory framework in Canada, as well as the limited access to traditional banking services for U.S. cannabis companies. Additionally, Canadian pot stocks have also benefited from greater investor confidence and a more stable political environment compared to their U.S. counterparts. As a result, Canadian pot stocks have seen higher valuations and stronger performance in the stock market, despite the recent legalization of marijuana in some U.S. states.

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