🏅 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

Stock and Crypto Market Values

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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