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3 Cannabis Stocks That Are Better Buys Than Dogecoin

Author Bio Keith began writing for the Fool in 2012 and focuses primarily on healthcare investing topics. His background includes serving in management and consulting for the healthcare technology, health insurance, medical device, and pharmacy benefits management industries. Follow @keithspeights Could  Dogecoin (CRYPTO:DOGE) make the comeback of all comebacks? Maybe, but I wouldn t necessarily bank on it. Even if the popular cryptocurrency s rebound picks up additional momentum, any gains could evaporate quickly. You could buy Dogecoin in the hope that the whims of traders will keep pushing its price higher. Another option, though, is to invest in the stocks of companies in an industry that s still only in its early stages with massive growth potential. I m referring to the cannabis industry and, in particular, the U.S. cannabis industry. Here are three cannabis stocks that I think are much better buys than Dogecoin.

List: Top Law Firms Advising on Marijuana Deals Worth Billions

Biggest past-year deals: Subversive Capital s acquisition of Caliva and Left Coast Ventures ($425 million) Curaleaf s acquisition of Emmac Life Sciences ($290 million) Ayr Wellness acquisition of Liberty Health Sciences ($290 million) Key individuals: The firm declined to specify the lawyers who led its engagements for Curaleaf, Subversive, and Ayr Wellness. About: Stikeman Elliott is one of Canada s largest business law firms. The firm s lawyers worked with Curaleaf on two acquisitions, walked Ayr Wellness through its purchase of Liberty, and represented Canaccord Genuity, the financial advisor to the cannabis SPAC Subversive Capital Acquisition Corp., in its complex merger From 2015 to 2018, Stikeman regularly worked with Aphria, with The Globe and Mail reporting that the two parted ways after a transaction that drew short-seller scrutiny. The firm declined to comment.

Spyder Cannabis Appoints Chief Operating Officer; Grants Stock Options

Spyder Cannabis Inc.  , an established Canadian cannabis and vape retailer, announced today the appointment of Christina Pan as Chief Operating Officer of the Company, effective May 21, 2021. Ms. Pan has been promoted to this new role after serving as Chief Operating Officer of 180 Smoke, the Company's recently acquired leading omni-channel Canadian vape retailer with 26 locations across Ontario and a strong .

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