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Curaleaf initiated with a Buy at Canaccord

Canaccord initiated coverage of Curaleaf (CURLF) with a Buy rating and C$5 price target The winds of regulatory change are finally starting to blow and any material change to the backdrop ahead of the midterm elections will drive a re-rating of the space, the analyst tells investors in a research note. Curaleaf continues to elevate its offering, which should allow the company to better moat its footprint and either remain the cannabis destination of choice for consumers.

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