NetworkNewsBreaks – Jefferies Analyst Initiates
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Posted On: 02/28/2019 4:37:06 PM
NetworkNewsBreaks – Jefferies Analyst Initiates Coverage on The Flowr Corporation (TSX.V: FLWR) (OTC: FLWPF)
Canadian Licensed Producer of premium cannabis products the Flowr Corporation (TSX.V: FLWR) (OTC: FLWPF) was recently highlighted in an article by Barron’s titled ‘5 Marijuana Stocks to Buy — and 2 to Avoid, According to an Analyst’ authored by Bill Alpert. According to the article, Jefferies, a diversified financial services company, initiated coverage of Canadian marijuana producers on Monday and gave Flowr a “Buy” rating. Owen Bennett, the Jefferies analyst, reports that cannabis will not fall into the pattern of normal agricultural commodities that see major price drops from oversupply. Moreover, Bennett believes that premium cannabis won’t be commoditized and that any potential cannabis glut won’t take place until mid-2021 at the earliest.
Please see full disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
Canadian Licensed Producer of premium cannabis products the Flowr Corporation (TSX.V: FLWR) (OTC: FLWPF) was recently highlighted in an article by Barron’s titled ‘5 Marijuana Stocks to Buy — and 2 to Avoid, According to an Analyst’ authored by Bill Alpert. According to the article, Jefferies, a diversified financial services company, initiated coverage of Canadian marijuana producers on Monday and gave Flowr a “Buy” rating. Owen Bennett, the Jefferies analyst, reports that cannabis will not fall into the pattern of normal agricultural commodities that see major price drops from oversupply. Moreover, Bennett believes that premium cannabis won’t be commoditized and that any potential cannabis glut won’t take place until mid-2021 at the earliest.
Please see full disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
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