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Trump’s CBD Comments Ignite US Cannabis Stocks Surge – Will ASX Companies Follow Suit?
['Paul Sanger']
Small Caps
ASX-listed CBD / hemp companies might see increased inflows from global funds looking to play the sector.
Valuation Re-rating and M&A InterestASX CBD / hemp stocks may see re-ratings as multiples expand due to a more favourable US outlook.
Technology and Research Cross-OverMany Australian cannabis / biotech firms focus on medical / therapeutic cannabis, cannabinoid formulations, or derivative products.
ASX Cannabis / Hemp Stocks to WatchLittle Green Pharma (ASX: LGP) — One of the first movers in Australia’s medicinal cannabis industry, with established cultivation and production facilities.
Vitura Health (ASX: VIT) — Involved in CBD / medicinal cannabis distribution and digital health platforms.