Up to five companies active in the cannabis industry could go public in 2020 in Europe, a continent whose stock markets have largely missed out on the North-American “pot stocks” frenzy, a leading industry analyst said on Thursday.

The legalization of cannabis, including for recreational use in Canada and a number of U.S. states, fueled a speculative “green rush” on Toronto and New York stock markets in early 2019, but this has faltered due to oversupply fears and uncertainties on U.S. regulations.

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Julien Ponthus ~ Reuters.com ~