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As Weed Goes Legal in Canada What Does It Mean For Pot Stocks?

distilleries

It’s now more than 80 years since it started to become apparent that the American Prohibition’s days were numbered. As detailed by are recent article in The Economist, Prohibition in its southern neighbour was a huge boon for Canada’s distilleries. Alcohol may have been illegal in the USA but demand for it was never quelled. The thirst for booze was unquelled during the Swinging 20s and 30s and a huge black market business thrived.

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Why the Price of Oil Is Rising, Will It Stay High and How Will It Affect Your Investments?

oil-price

The price of a barrel of Brent crude may have eased back towards $80 a barrel from its early October high of over $86. A year ago the same barrel of oil cost around $55 and in February of this year $60. West Texas Intermediate (WTI), the U.S.-production oil benchmark has seen a similar pattern to its price trajectory, up above $70 a barrel from below $50 approximately 12 months ago.

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FAANGs Investors Braced for Netflix Results

Netflix

Netflix will become the first of the FAANG stocks to report its third quarter results later today and those investing online in stock of the streaming service will hope a repeat of July’s miss of new subscriber targets is avoided. Netflix specifically, and the FAANG group as a collective, could do with a strong set of earnings reports following the recent correction. Q2 saw divergence in performance between the tech giants as Apple, Amazon and Alphabet beat analyst forecasts by some margin while Facebook and especially Netflix fell short.

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Will Royal College of Psychologists Review of Cannabis Position Accelerate Legalisation?

Cannabis-Position-Accelerate-Legalisation

Investing online in legal cannabis stocks, or ‘pot stocks’, is very much in vogue as the wave of international legalisation gathers pace. Aurora, the Edmonton-based Canadian cannabis cultivation and distribution company that will add a NYSE listing to its current place on the Toronto Stock Exchange at the end of this month has rocketed up almost 70% in the past month. Cannabis Growth, the biggest company in the sector is up just under 70% in three months.

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Aston Martin to Race Ferrari With Speedy IPO Valuation Target

Aston_Martin

Aston Martin will look to overtake Ferrari’s earnings multiple when its IPO concludes and shares start trading on the London Stock Exchange on October 3rd. The emblematic UK car manufacturer, maker of high end sports cars and tourers, has seen enough interest in its IPO to have announced it is targeting the upper end of a £17.50 to £22.50 per share scale.

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