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TGIF Cannabis Investors: Maryland Governor Wes Moore announced first-of-its-kind cannabis workforce program. Here are the details.

Plus, LA Court judge set to dismiss major lawsuit against California's top cannabis cultivator.

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TOP STORY

Biden Bashes Trump's 'Failed Approach' On Cannabis

Briefly: In the lead-up to the 2024 presidential election where President Joe Biden will face off with Donald Trump, the president’s campaign is intensifying its efforts to highlight his progressive stance on marijuana policies as compared to his opponent.

So: On a new campaign page, the president acknowledges cannabis is not as dangerous as previously believed.

Quoted: "Research tells us that marijuana is not as dangerous as we once believed — that's why the Biden-Harris Administration took a major step to reclassify marijuana from a Schedule I to a Schedule III drug under federal law," says the campaign.

That Said: The campaign website lashes into Trump for exacerbating the failures of past marijuana policies.

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ZINGERS

Product Update: Budget-Conscious Consumers Boost Sales Of Marijuana Multipacks, 94 Brands Vie For Colorado's Pre-Roll Market

State News: 'Washingtonians Share My High Expectations' For High Quality Cannabis Says Mike Tyson As His Products Reach The Evergreen State

M&A Activity: Cannabis Extraction Company Ayurcann To Merge With Arogo, Resulting In $210M Entity

New York Cannabis Update: Legal Challenges, Administrative Delays, Housing Works Buybacks And More

Earnings Update: Good Shroom Reports Q3, Revenue Dips 10.3% YoY, Net Profit Still Positive

ONE MORE FOR THE ROAD

Is Tilray's $2B Valuation Just The Beginning?

Briefly: With a $2 billion valuation, Tilray Brands ranks as the largest cannabis company outside the U.S., leading in international sales and the Canadian recreational market.

So: Pablo Zuanic of Zuanic & Associates has initiated coverage on Tilray with a 'Neutral' rating, highlighting the company's significant potential in global markets.

Bull Case Scenario: “The stock could be near $7 a year from now. On near-term execution and reinvestment risk, we prefer to start at Neutral but are long-term constructive,” Zuanic wrote.

Click here to read more on the $10B market opportunity.

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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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