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Its vertically integrated supply chain and huge cash buffer of roughly $226 million make it a favorite for those betting on U.S. federal legalization.
It maintains a strong cash position, which provides a safety net during regulatory volatility. 5. WM Technology Inc. (MAPS)
Cronos is a "picks-and-shovels" favorite that has been trending higher while remaining technically undervalued according to some analysts.
It is one of the few operators generating positive EBITDA and cash flow from its cannabis operations.