TGIF, Cannabin-vestors! The U.S. stock market is taking a breather for Good Friday, but the cannabis front is not letting up. Here’s what’s still happening in the world of cannabis.

Today, the DEA wants to ensure the cannabis rescheduling process is not being done under “shroud of secrecy.” So what’s taking them so long?

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

Puff Pass: Did someone forward you this email? Click here to get automatically subscribed.

TOP STORY

Florida Supreme Court Shelves Cannabis Ballot Proposal As April 1 Deadline Looms

Briefly: Speaking of regulatory delays…

So Basically: The Florida Supreme Court failed to deliver a much-anticipated ruling on Thursday regarding the appearance of the proposed amendment for cannabis legalization on the November ballot.

So Then: The Florida Constitution gives the court a deadline of Monday, April 1 to rule on whether any citizens' initiative meets the requirements for placement on the November ballot. A decision is now expected to come outside the usual schedule.

So What? Florida's Republican Attorney General Ashley Moody has regularly criticized the cannabis initiative brought by advocacy group Smart & Safe, which has spent over $40 million, much of which was provided by Trulieve Cannabis.

What Next: Get a chance to come watch Trulieve’s founder and CEO Kim Rivers speak in person at the Benzinga Cannabis Capital Conference in Hollywood, Florida April 16-17.

Click here to read more.

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.

Get your tickets here!

ZINGERS

Cannabis ancillary company Urban-Gro shares plunge on reporting Q4 2023 results, here's why

Weedsday Playlist: Artist and DJ Emily Tan shares 5 songs for your next dance party

Cannabis finance company Silver Spike announces solid 2023 gains

Review: Will this ziploc-like baggy revolutionize the way we curate, store weed?

Cannabis company Glass House reports: 89% increase in revenue, aims for $50M profits in 2024

ONE FOR THE ROAD

Tim Seymour Sees High Times Ahead For Cannabis Stocks

Briefly: Tim Seymour, founder and CIO of Seymour Asset Management, expects growth in the cannabis industry to be magnified by major improvements in efficiency.

What Happened: In an exclusive interview with Benzinga, Seymour discussed his views on these "exciting times” in cannabis.

Specifically: Seymour highlighted the increasing number of states that have legalized both medical and adult-use marijuana.

What Next: The portfolio manager sees rescheduling in the U.S. as inevitable, and noted that the Biden Administration is running out of time before the next election.

Here are the stocks he pointed to for the near future.

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.

Don’t miss out!

KEEP READING

Before you go, be sure to subscribe to our other newsletters:

Ring The Bell: If you have to pick just one daily financial newsletter, it’s not a choice. Subscribe here.

The Street Sheet: A Wall Street cheat sheet, delivered every Sunday directly to your inbox. One-click subscribe here.

Future Finance: TradFi is tired. Wake up to the future of finance with this midday fintech and crypto letter. Subscribe here.

The Flag: Top takes from Washington to Wall Street impacting policy and your portfolio. One-click subscribe here.