Viridian Capital analyst Jonathan DeCourcey says a cannabis underdog is his top stock pick. Crystal Cox/Business Insider
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There are the cannabis giants and then there are the underdogs who, despite great management and solid assets, just don’t receive the same amount of attention as their larger counterparts.
Ayr Wellness, which operates 51 stores across the US is one of the underdogs, according to Viridian Capital Advisors analyst Jonathan DeCourcey. Still, he said in a Thursday note that company is his “top MSO pick.”
MSO stands for multi-state operators, a term used for US cannabis companies that operate in multiple states.
Viridian began coverage of Ayr in