Happy Tuesday, Cannabis Investors! As federal prohibition continues to regulate psychedelics and cannabis, some religious organizations are pioneering innovative pathways for legal and safe access to psychoactive substances under religious auspices.

Plus, Stonebridge Partners’s Michael Berger explains why only 20% of Benzinga Cannabis Capital Conference attendees invest in cannabis stocks in our exclusive video interview.

Also, check out the newest episode of Cannabis Insider, also available on Apple and Spotify.

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TOP STORY

Big Players In U.S. Cannabis Could Play The Stock-Value Card In M&A

Briefly: A recent report from Viridian Capital Advisors highlights a crucial trend in the valuation gap between Tier 1 multi-state operators and smaller entities, which has widened to a three-year high.

Who: Ordered by market capitalization, tier 1 MSOs include Curaleaf Holdings CURLF at $4.15 billion, Green Thumb Industries GTBIF at $2.98 billion, Trulieve Cannabis TCNNF at $2.10 billion, and Cresco Labs CRLBF at $718.51 million, among others.

What: This disparity means that M&A has become increasingly accretive for larger companies. Larger companies can now achieve more growth through acquisitions than before, as they can purchase other companies at relatively lower prices compared to their market value.

So What? According to Viridian, these dynamics are setting the stage for a robust period of consolidation in the industry, particularly as smaller competitors, worn by prolonged market battles, look increasingly to exit.

Click here to read more.

PRESENTED BY GUNDRY MD

Dr. Steven Gundry Reveals the Culprit Hiding in Your Diet

Are you tired of feeling sluggish, dealing with digestive discomfort, and struggling to shed those extra pounds? It's time to break free from the chains of misinformation about so-called "health foods" that may be harming your body without you even knowing it.

Dr. Steven Gundry, renowned heart surgeon and health expert, has uncovered a hidden compound lurking in many common foods we've been told are good for us. This substances can lead to a poor intestinal lining potentially causing harmful bacteria and waste products to infiltrate your body, leaving you feeling drained, tired, and bloated.

But fear not! Dr. Gundry has a simple solution that can be easily implemented from the comfort of your own home. By avoiding these harmful foods, countless individuals have experienced transformative recoveries, with some even shedding significant weight and feeling better than they have in years.

Now, for the first time ever, Dr. Gundry is sharing his groundbreaking insights in an eye-opening video, absolutely free. This informative video, which has already taken the internet by storm and been featured on major news sites, reveals the exact foods you need to avoid to reclaim your health.

Watch Now

ZINGERS

Canadian Marijuana Company Cronos Expands Into U.K. After Setting Up In Germany's Nascent Market

Ron DeSantis' Plan To Scuttle Florida's Cannabis Legalization Initiative With His Vast Fundraising Network, GOP Apparatus

GOP Gubernatorial Candidate In Indiana Says Cannabis Legalization Is 'Inevitable,' Local NYC Politicians Are Against Licensed Pot Shops And More Regulatory Updates

Cannabis Stocks Retreat On New Rescheduling Order Developments: What's Going On?

ONE MORE FOR THE ROAD

New York's 'The Travel Agency' Opens Third Cannabis Shop

Briefly: New York's most famous shopping district, the iconic Fifth Avenue now has a legal recreational cannabis shop located between Rockefeller Center and the Grand Central Terminal.

Where It Is: Centrally at 587 Fifth Avenue between 47th Street and 48th Street, the dispensary is located next door to H&M's flagship store and across the street from Lululemon and Sephora.

What To Expect: Aiming to deliver a unique and elevated cannabis experience, Travel Agency Fifth Avenue will be inclusive to all, including New Yorkers who frequent the area, as well as tourists visiting the greatest city on Earth.

Click here to read more.

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