What’s New With Cannabis Stocks for the Week Ending 02/05/21

420 Investor model portfolios have gained 61.7-80.9% year-to-date, while the Global Cannabis Stock Index has gained 58.2%. A leading catalyst was the long-awaited entry of Big Pharma into the cannabis industry, with Jazz Pharmaceuticals announcing its pending acquisition of GW Pharma. Virginia took a step closer to adult-use legalization as the House approved a bill. 420 Quality ended the week at $261,179, up 25.8% for the week and is now up 61.7% in 2021 after gaining 42.8% in 2020. Voters in Arizona, Montana, South Dakota and New Jersey all approved adult-use legalization in November.