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- 📈 The Case Of The 1500% Increase
📈 The Case Of The 1500% Increase
The bull case for this cannabis tech stock explained. Plus, the secret to profitability.
Aaron & Asli Coskun
July 19, 2024
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TOP STORY
Briefly: New research by Whitney Economics reveals that just 27.3% of U.S. cannabis businesses are profitable.
So: Despite improvements from last year's 24.5%, this figure is significantly lower than the national average of 65.3% for small businesses.
Why: High taxes and limited banking access are major hurdles. Whitney's analysis emphasizes the importance of strategic planning and data-driven decisions for securing investment and achieving profitability in the cannabis industry.
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ZINGERS
Cannabis Health: Prenatal Cannabis Exposure Not Linked To Elevated Risk Of Autism And Oklahoma Court Rules Pregnant Moms Who Use It Are Not Breaking The Law
Cannabis Stocks: Is A 1500% Increase Possible? The Bull Case For This Cannabis Tech Stock Explained
Planet 13 Expands With 30 New Dispensaries: What's The Secret To Higher Margins?
DOOBIE Act: Senator Proposes DOOBIE Act To End Cannabis Discrimination In Federal Hiring And Security Clearances
Cannabis in UK: As Number Of Medical Marijuana Patients In UK Skyrockets, Non-Profit Launches Crowd-Funder To Run Cannabis Legalization Campaign
ONE MORE FOR THE ROAD
Briefly: The UK Food Standards Agency has given a positive risk assessment to the European Industrial Hemp Association's natural CBD isolate, setting a new global standard for CBD regulation.
Why It Matters: This approval ensures the safety and quality of CBD products, fostering innovation and providing legal certainty for businesses in the sector.
What’s Next: This milestone could boost investment and shape future regulations worldwide.
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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.
Get your tickets now by following this link, and access a 20% discount using the code JAVI20.
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