Happy Tuesday, Cannabis Investors! Archaeologists found mysterious seeds at an excavation site in England. Is it Roman pot or not? Find out here.

Plus, check out our Cannabis Chart Of The Week: How much are U.S. MSOs undervalued compared to other industries?

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

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TOP STORY

Why Cannabis Is Catching Up To Blue Chip Stocks In Profitability

Briefly: A recent report by Viridian Capital Advisors explores the valuation and growth prospects of cannabis stocks against those of well-established sectors.

So Basically: The report looks closely at the value and growth of 295 companies from 13 different industries, including alcohol, tobacco, pharmaceuticals, healthcare products and food.

So Then: The report examines how much they're worth against how fast they're expected to grow over the next several years compared to the growing cannabis industry.

So What? Multi-state operators within the cannabis sector demonstrate a compelling investment profile. They are valued at an 8.24x EV/2024 consensus EBITDA multiple, a significant increase from 4.8x recorded on 6/24/22, yet this valuation is substantially lower compared to other industry groups.

Click here to read more from the report.

PRESENTED BY GUNDRY MD

Truth Behind Your Beloved 'Health Foods'

For years, we've been advised to include certain fruits, vegetables, and whole grains in our diets for better health.

However, could it be possible that some of these seemingly "health foods" harbor a hidden compound that might be wreaking havoc on our bodies? Renowned heart surgeon, Dr. Steven Gundry, reveals a shocking discovery - many so-called "health foods" in the American diet contain a hidden substance that could be expanding our waistlines and causing harm to our delicate intestinal walls, allowing harmful bacteria and waste products to enter our bodies.

Thankfully, Dr. Gundry has a surprisingly easy solution. By avoiding these hidden compounds in our diets, we can take charge of our health and experience a remarkable transformation.

Thousands of patients have already reaped the benefits of his expertise, shedding excess weight and feeling revitalized.* Join the growing community of Americans who have witnessed life-changing effects through Dr. Gundry's groundbreaking research. Discover the power of eliminating this harmful substances from your diet and embracing true health today.

Learn more here.

ZINGERS

NBA Legends Carmelo Anthony, Udonis Haslem Ignite Cannabis Industry With New Ventures, Launching Exclusive Agency And Strain

Experts Discuss Future Of Cannabis M&As At Benzinga Cannabis Conference In Florida

Virtual Clinic Introduces Digital Substance Use Treatment Program For Cannabis Use Disorder

Struggling New York Cannabis Farmers Excluded From State Budget, Relief Fund Is Dismissed

Watch Next: New Documentary Takes Deep Dive Into Michigan's Cannabis Sector

BENZINGA CAPITAL CANNABIS CONFERENCE

Inside The Top Cannabis Business Conference In America

Briefly: Read an excerpt from CB1 Capital CIO Todd Harrison’s impressions from the Benzinga Capital Cannabis Conference, per his Cannabis Confidential newsletter.

So Basically: “I’ve been working with the Benzinga Cannabis team for the last few years to help layer experiences atop their biannual cannabis conferences, which have emerged from the once-littered canna landscape as the last must-attend industry event standing.”

So Then: “With over 2000 attendees in Florida, Patrick Lane told me that this was the highest attendance ever for a BZ Canna show, which was somewhat surprising given the price degradation and prolonged bear market.”

So What? “This was the first [of these gatherings] we held in Florida. Insofar as we kept the same recipe—thought-leaders and decision-makers who’ve walked the walk to effect positive federal change + great food + groovy music—there really wasn’t much left to do except fill the room.”

Click here for more of Harrison’s impressions from the inside.

KEEP READING

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