❗ Crisis In California

Dangerous pesticides found in popular weed products. Plus, New York weed giant selling its Florida business.

Happy Monday Cannabis Investors: New York weed giant The Cannabist is selling its Florida business, here's why.

Plus, crisis in California: Dangerous pesticides found in popular weed products, investigation reveals.

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

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TOP STORY

Briefly: With increasing state-level legalizations, real estate investment trusts (REITs) such as Innovative Industrial Properties, NewLake Capital Partners and Chicago Atlantic Real Estate Finance are funds that provide capital, navigating the dissonance between state and federal laws.

What Happened: Brad Thomas, real estate analyst and author of "REITs For Dummies," discusses the valuation of these stocks and the role REITs play in the cannabis industry.

Rapid Growth: Thomas explained Innovative Industrial Properties expanded its property count from 11 to 108 from 2018 to 2023.

Why It Matters: The aggregate financial engagement between Innovative Industrial Properties and Chicago Atlantic is approximately $4.5 billion.

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

20% Price Surge: Ohio Adult-Use Cannabis Consumers Could Initially Pay More Due To High Demand, Limited Supply

Cannabis Delivery Flights Gets California Pilot Permanently Grounded, South Carolina Man Busted For Launching Weed Over Prison Wall

Maryland Governor To Pardon 175K Low-Level Cannabis Convictions In The Nation's 'Most Far-Reaching And Aggressive' Executive Action

Verano To Repurchase Up To $50M Of Its Shares Trading On Cboe Canada

EXCLUSIVE: Josh Kesselman On Building RAW Rolling Papers - 'There's Always Another Level'

ONE MORE FOR THE ROAD

Stock and Crypto Market Values

Briefly: Tim Seymour, portfolio manager of the $CNBS Amplify Seymour Cannabis ETF, is renowned for recognizing the potential of the cannabis sector early on.

So Basically: In an exclusive interview with Benzinga Cannabis, he discussed the critical role of strategic partnerships in expanding market reach, the importance of operational efficiencies in improving gross margins and the potential of the U.S. hemp cannabinoid market as a burgeoning and legally complex segment poised for substantial growth.

So Then: These insights are vital for investors looking to understand the dynamics that drive profitability and growth in the cannabis industry.

So What: In managing the $CNBS ETF, Seymour employs a selective strategy that prioritizes companies with robust governance structures and strong market potential.

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.

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