🎰 The Cesar's Palace Of Illegal Marijuana

NYC cops raid two Bronx cannabis operations. Plus, comments flood DEA's cannabis rescheduling proposal.

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Happy Thursday Cannabis Investors: NYC cops just raided two major cannabis operations in the Bronx, uncovering what was described as the "Cesar's Palace" of illegal marijuana.

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TOP STORY

Jim Carrey Reaction GIF

Briefly: As the DEA’s July 22 deadline for public comments on cannabis rescheduling approaches, over 33,000 responses have been submitted.

What It Does: The proposal suggests moving cannabis from Schedule I to Schedule III, recognizing its medical benefits and lower abuse potential.

So: Public sentiment is largely supportive, with 75.9% favoring the change. However, some advocate for complete descheduling to remove federal restrictions entirely.

Curious about the implications of this rescheduling proposal? Read more.

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ZINGERS

Cannabis Stocks: Ascend Wellness Cannabis Closes $235M Private Placement Of Senior Secured Notes, Refinances Existing Term Loan

Cannabis Moisture Can Affect Your Wallet: Government Agency Steps In To Regulate

California Cannabis: California Law Enforcement Agencies Seize Thousands Of Pounds Of Illegal Cannabis Near Two State Parks

Cannabis in Germany: Green Wave In Germany Now Includes Hemp, New Bill Promotes Industrial Production

Florida Politics: Ron DeSantis Blasts Florida's Cannabis Legalization Ballot At RNC. It Would Allow '80 Joints' A Day, Affecting Free Speech And Gun Rights

ONE MORE FOR THE ROAD

Briefly: Understanding which margins to focus on is crucial for cannabis investors.

So: Viridian Capital's latest analysis compares net margins, cash flow from operations margins, and EBITDA margins among cannabis companies.

How It Works: Each margin type offers different insights into profitability and financial health.

For example: Cash flow from operations is harder to manipulate and provides a clearer picture of a company's debt capacity, while EBITDA is valuable for assessing overall earnings power.

Curious about which margin to prioritize in your investments?Read more.

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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.

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