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A hedge fund manager who returned 146% last year shares the 6 cannabis stocks he's betting on now and why he's bullish on the industry

1 month ago   |   By Business Insider

Summary List Placement Jason Wild had a pretty good year last year.
His hedge fund, JW Asset Management, returned over 146% in 2020 - buoyed by significant investments in the cannabis industry. In an interview, Wild said he's still bullish on the industry's prospects, thanks to new states like New Jersey legalizing cannabis and top Democrats, including Senate Majority Leader Chuck Schumer, pledging federal cannabis reform as a top priority this year.
And he shared the six cannabis stocks he's betting on now, including three top picks.
Wild, who is the president and founder of JW Asset...
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The chief investment officer of an actively managed SPAC ETF that has returned almost 18% this year breaks down his 3-part strategy for picking outperforming blank-check companies - and shares 3 of his favorites

The chief investment officer of an actively managed SPAC ETF that has returned almost 18% this year breaks down his 3-part strategy for picking outperforming blank-check companies - and shares 3 of his favorites

1 month ago   |   By Business Insider

Summary List Placement Just like the newly filed Do It Again Corp. , SPACs are doing it again - breaking the record month after month.
According to Goldman Sachs, 90 Special Purpose Acquisition Companies raised $32 billion in IPO capital in February, the largest issuance month on record. Year-to-date, 204 blank-check companies have raised $65.4 billion compared to the $83.4 billion raised by the 248 SPACs last year, according to SPAC Research .
"The blistering pace of issuance is likely unsustainable. However, if the current pace of issuance persists, 2021 will surpass the 2020 full-year...
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