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...
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