Green Thumb Industries Inc

GTII: XCNQ (CAN)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
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Cannabis Sector Fares Terribly in 2024 US Elections, but Market Overreacts to Long-Term Impact

Kristoffer Inton

Nov 7, 2024

The 2024 US elections results weren't great for cannabis, leading to double-digit sector stock drops. Vice President Harris, who had stated intentions to legalize recreational use nationally, lost to Donald Trump. Meanwhile, three of four state legalization referendums also failed.

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Green Thumb Industries Inc

Cannabis Sector Fares Terribly in 2024 US Elections, but Market Overreacts to Long-Term Impact

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