SAFE Act

Zuanic & Associates' latest report outlines a roadmap for the SAFE Banking Act in the US cannabis industry, emphasizing the significance of rescheduling, US exchange uplisting, and a potential "Cole Memo II" (Garland Memo) as more critical catalysts than the SAFE Act itself. Join...

The MSOS ETF (ARCA: MSOS) gained 69.4% between 8/25/23, five days before the blockbuster announcement of an HHS rescheduling recommendation to this past Friday, 9/8/23. Similarly, the EV/Next-Twelve-Month consensus EBITDA multiples for the group in the chart have increased by 27.5%....

The latest version of the SAFE Banking Act was introduced to the Senate and House on April 26th. In a cannabis market dying for any source of optimism, the introduction sparked initial sharp increases in stock prices. Some gains drifted away by Friday, partially due to Senator Schumer’s...

Earnings season is upon us again, and most public cannabis companies will release results for the 4th quarter of 2022 in the next few weeks. Only two of the companies in the graph have reported to date. Green Thumb (OTC: GTBIF) beat consensus revenue estimates by 1% and EBITDA estimates by 1.2%,...

Canopy Growth Corp (NASDAQ: CGC) put in a double bottom, co-host Dennis Dick said Thursday on Benzinga's YouTube show "PreMarket Prep." The stock bounced off of critical support at $25 on Wednesday, DIck said, adding that he "would be a buyer of pullbacks...