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Golden Ticket To California Cannabis Retail? Gold Flora's Valuation & Potential, Overweight Initiation By Zuanic

Benzinga ·  Jan 11 21:55

Equity research firmZuanic & Associatesled by senior analystPablo Zuanichas initiated coverage of Gold Flora (OTC:GRAM) with an Overweight rating.

This coverage comes at a time when the California cannabis market is poised for consolidation, making it an opportune moment for well-positioned companies like Gold Flora to thrive.

California's Cannabis Market And Growth Potential

California is the largest cannabis market in the United States, with over $5 billion in retail sales. Despite a lower per capita spend compared to other states, the market shows significant growth potential.

High sales taxes, limited store density due to municipal...

Disclaimer: This content is for informational and educational purposes only and does not constitute a recommendation or endorsement of any specific investment or investment strategy. Read more
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