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- 🏅 Green Gold Rush
🏅 Green Gold Rush
What's the catalyst behind the extreme move in the cannabis sector? Plus, is alcohol not cool anymore?
Happy Thursday, Cannabin-vestors! Over the previous month, several cannabis stocks have surged dramatically, igniting the sector as gains reached high double to even triple-digits in some cases. Here's what's driving cannabis stocks higher.
Plus, club space's embrace of cannabis beverages signals booze-free future. Is alcohol not cool anymore?
Also, check out the newest episode of Cannabis Insider, also available on Apple and Spotify.
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TOP STORY
Briefly: Following the pivotal decision by the Florida Supreme Court, senior analyst Pablo Zuanic of Zuanic & Associates released a comprehensive report outlining the potential financial windfalls for cannabis companies in Florida.
What Happened: The Florida Supreme Court on Monday approved a recreational marijuana constitutional amendment that is set to be voted on in November. The proposal would legalize”non-medical personal use” of cannabis for individuals 21 years of age and older.
So Basically: Zuanic's analysis delves deep into the ramifications of such a decision, offering a detailed look at the expected market dynamics and opportunities within the state's burgeoning cannabis sector.
So What: Substantial gains are anticipated for several major players in Florida's cannabis market, following Zuanic's projections.
DON’T MISS OUT
The Benzinga Cannabis Capital Conference is where deals get done.
With 2,000+ decision-makers in one room, attendees have the chance to engage in a year's worth of networking in just two days. More than 100 CEOs and 200 Investors confirmed for Investment and Branding on April 16th - 18th at The Diplomat Beach Resort in Hollywood, FL.
ZINGERS
Exclusive: Motif Labs Targets Gen Z With New Cannabis Line
Exclusive: Pre-Roll Brand Jeeter To Launch Its First Boutique Flower Line, Here's Where To Find It
Nova Cannabis hits 100 stores as SNDL transfers Dutch love
Exclusive: Why Wait? Azuca and OBX speed up cannabis access
Cannabis conundrum heads to New York Supreme Court: Lawsuit seeks to overturn impossible-to-obey regulation
ONE FOR THE ROAD
Briefly: Tilray Brands shares are continuing to trade higher after rallying more than 18% on Wednesday. Here’s a look at what you need to know.
So Basically: Tilray shares are up nearly 75% over the last month.
So Then: The stock has surged alongside several other cannabis stocks amid recent legalization in Germany and increased optimism surrounding potential rescheduling in the U.S.
What Else: Tilray also announced its latest product lineup and 420 celebratory activations across Canada.
Price Action: Tilray shares were up 3.86% at $2.96 at the time of publication, according to Benzinga Pro.
WHERE DEALS GET DONE
The Benzinga Cannabis Capital Conference is where deals get done.
With 2,000+ decision-makers in one room, attendees have the chance to engage in a year's worth of networking in just two days. More than 100 CEOs and 200 Investors confirmed for Investment and Branding on April 16th - 18th at The Diplomat Beach Resort in Hollywood, FL.
KEEP READING
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