NetworkNewsBreaks – Canaccord Genuity Issues ‘
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Canaccord Genuity (“CG”) recently issued a ‘Speculative Buy’ rating and price target of C$8 on shares of Plus Products (CSE: PLUS) (OTCQB: PLPRF). A recent article discussing the company reads, “Driving that positive report is the company’s planned move to expand its product line of cannabis edibles, such as gummies, into baked goods and mints. . . . PLUS may also offer its top-selling product lines beyond California into Oregon and Nevada. The company has also alluded to future growth into other markets, such as Massachusetts, Florida, Michigan and New York. This proposed expansion comes as hemp and cannabis markets continue to flourish. As Bobby Burleson, a CG analyst, noted in the report (http://nnw.fm/wVUz2), ‘We see significant long-term growth opportunities for hemp-based CBD.’”
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