You're receiving this email because you're subscribed to Cannabis Daily from Benzinga. To manage your subscription, click the link at the bottom of this email.

Happy Wednesday Cannabis Investors: Brazil's supreme court decriminalizes cannabis possession for personal use, while Mexico moves to legalize magic mushrooms: A look at international drug policy changes.

Plus, Martha Stewart talks 'baking' with Snoop Dogg and her latest 420-fashion collaboration.

Also, tune into our Cannabis' ‘Cultivator Chronicles,' which focuses on the latest trends, developments and major players in the cannabis cultivation.

On The Go: Check out the newest episode of Cannabis Insider, also available on Apple and Spotify.

Puff Pass: Did someone forward you this email? Click here to get automatically subscribed.

TOP STORY

Canadian Vs. U.S. Cannabis Companies: Who Is Winning The Market Race To Weed Profits?

Briefly: The financial landscapes of Canadian and U.S. cannabis operators showcase distinct paths in the quest for profitability, driven by varying market dynamics and regulatory environments.

Financial Metrics: Recent financial data reveals crucial insights.

For Example: U.S. cannabis operators demonstrate a more robust market performance with an average EV/EBITDA ratio of 8.0x, compared to their Canadian counterparts who post a significantly higher average of 20.6x.

What’s Next: Looking ahead, see how the growth trajectories for U.S. firms compare to those in Canada.

PRESENTED BY CANNABIS CAPITAL CONFERENCE

Join us on October 8th and 9th in Chicago for the world's largest gathering of cannabis investors - happening just ONE month before the Presidential election.

Buy your tickets, apply to exhibit or become a sponsor here.

ZINGERS

State Regulation: Delaware Expands Medical Cannabis Access, Grants Physicians Discretion For Recommendations, Opens Dispensaries To Out-Of-State Patients

New Products: CBD Products For Sale At Walmart, Charlotte's Web Topicals Are On The Shelves In These Five States

Acquisition: High Tide To Buy 'Highly Accretive' Cannabis Store For $438K

Ketamine-Assisted Therapy: 2 Psychedelics Companies Team Up To Expand Reimbursement And Training

Cannabis Legalization: DeSantis Says Cannabis Legalization Amendment Will Protect Weed Rights Better Than 1st, 2nd Amendments Protect Free Speech, Gun Rights

ONE MORE FOR THE ROAD

YOLO Cannabis ETF Declares New Dividend: What Investors Need To Know

Briefly: AdvisorShares Pure Cannabis ETF YOLO has declared its latest quarterly distribution to shareholders at a rate of $0.0178 per share.

So: The distribution is scheduled for June 28, applicable to all shareholders of record as of June 24. The ex-dividend date is also set for June 24, indicating that purchases made on or after this date will not qualify for the current dividend payment.

What’s Next: Click here to understand dividends and distributions in investment funds.

PRESENTED BY CANNABIS CAPITAL CONFERENCE

Join us on October 8th and 9th in Chicago for the world's largest gathering of cannabis investors - happening just ONE month before the Presidential election.

Buy your tickets, apply to exhibit or become a sponsor here.

BEFORE YOU GO

Were you forwarded this email? Click here to subscribe.

And be sure to check out our other newsletters:

Ring The Bell: Created for market enthusiasts by market enthusiasts, this twice-daily newsletter delivers top stories, fast movers, and hot trade ideas straight to your inbox. Subscribe here.

Future Finance: Where fintech, crypto, and the future of finance collide. Future Finance is a perfect lunch read packed with quick bites for industry enthusiasts. Subscribe here.

Real Estate Weekly: Where we highlight the movers and the losers, the upgrades and the downgrades, the top stories and opportunities in the trillion dollar REIT and real asset industry. Subscribe here.

Mining Weekly: Get an insider's edge with news, analysis, and commentary on what’s shaping the mining and commodities industry that powers the global economy. Subscribe here.