Happy Tuesday, Cannabis Investors! Hold onto your buds, because Australia is blazing a trail with a "world-first" medical marijuana driving trial.

Plus, in a surprising turn of events, Nature's Miracle and Agrify announced the termination of their merger agreement. Here’s why they pulled the plug.

Also, want to win $5,000? Pitch your cannabis business and win thousands in prizes at the Benzinga and Curaleaf Competition.

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

Why Are These Small-Cap Shares Up While Broader Sector Is In The Red?

Briefly: Four lesser-valued cannabis stocks showed positive performance yesterday, defying the broader sector's downtrend.

Who: These stocks—Medical Marijuana Inc., TILT Holdings, Trees Corp., and Village Farms International—present potential investment opportunities.

Why: When compared to larger cannabis companies, the valuation difference is significant. Curaleaf Holdings, Trulieve and Green Thumb Industries are all down sharply, while the smaller stocks have shown modest gains.

So What? Investors may consider these lesser-valued stocks for their potential to navigate a volatile market.

Click here to read more.

PRESENTED BY HIMS

Treatments For Every Hair Loss Need

Treatments for every hair loss need. Fed up with thinning? Breaking down over bald spots? Hims has personalized hair loss treatments with ingredients proven to regrow hair in just 3-6 months. Start your free assessment to discover options that could work for you.

ZINGERS

EXCLUSIVE: 'Investment By Multinational Industries Will Forever Change Cannabis,' Warns Expert

Easy-To-Trade Cannabis Stocks: Insights Into How Trading Activity Affects These Investments

69% Of Voters, Including Majority Of Republicans, Support Marijuana Legalization: Did You Catch That, Biden And Trump?

DEA's Proposed Rules For Marijuana: What You Need To Know

A $25.5M Growth Possibility For New Jersey's Pre-Roll Cannabis Market

ONE MORE FOR THE ROAD

Trulieve CEO Kim Rivers On Florida Legalization

Briefly: As the industry undergoes major changes provoked by rescheduling news, Trulieve CEO Kim Rivers weighed in on another looming cannabis landmark: Florida’s rescheduling vote.

What Happened: When asked if Florida Governor Ron DeSantis would change his opposition if legal cannabis was approved, "I mean, getting over 60 percent of the electorate to vote in favor of anything is a tall feat.”

What Else: She added, "We will have to go through implementation, but I do not expect or anticipate that Governor DeSantis would put up massive roadblocks post-approval in November."

Why It Matters: In terms of advocacy efforts such as the YesOn3 Campaign in Florida, Rivers has not only been working closely with Safe and Smart Florida, but Trulieve has donated somewhere in the area of $40 million to the effort.

What Next: The ballot measure will be voted on in November’s election.

Click here to read more.

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.