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The stock’s impressive price performance and market valuation led to its inclusion in the S&P/TSX Composite index on March 22. VFF’s high market capitalization, nearing $1 billion, and average trading volume of 3.23 million factored into the decision to include the stock in the Canadian index.
With several states legalizing cannabis, Wall Street expects VFF to gain more than 70% and achieve fresh highs soon.
