Newsfeeds - Spark Newswire

2 minute read

Uncategorized

Cantor Analayst Pablo Zuanic Believes SAFE Banking Now “The Worst Case Scenario” in 2022

Today, 12:56 PM

In perhaps a sign that incremental progress on federal cannabis reform is afoot, some Wall Street analysts are increasingly coming around on the idea that reform can happen this year. Cantor Fitzgerald analyst Pablo Zuanic, a noted skeptic on SAFE Banking, now believes the legislation has a real chance of passing this year.

GTBIF

4 minute read

Volatility Of Cannabis Stocks: Schumer’s Bill Was A ‘Hail Mary’, But Industry Has Other Catalysts – Experts Explain

By Nina Zdinjak

Today, 12:56 PM

This was a very challenging year for pot stocks. Year-to-date, AdvisorShares Pure US Cannabis ETF (ARCA:MSOS) dropped 54.01%, AdvisorShares Pure Cannabis ETF (ARCA:YOLO) declined 57.46%, compared to SPDR S&P 500 (ARCA:SPY) which lost 13.61%.

ACB

3 minute read

Panama Will Be A Pharmaceutical Hub For The Cannabis Industry – And This Event Will Be Fundamental To Its Development

By Nicolas Jose Rodriguez

Today, 12:56 PM

On September 1 and 2, 2022, LATAM CANN.BIZ will be held in Panama. More than 40 experts, executives, medical professionals and political actors meet to discover the opportunities for economic development, investment and scientific advances in the medical and industrial cannabis industry.

AVCNF

2 minute read

Cannabis Stock Short Sellers Have $807M In Profits So Far In 2022

By Wayne Duggan

Today, 12:56 PM

After a horrible 2021 for cannabis investors, the AdvisorShares Pure US Cannabis ETF (NYSE: MSOS) is down another 55.1% in 2022. President Joe Biden and a Democrat-controlled Congress have made little progress on U.S. federal cannabis reform.

ACB

3 minute read

The Best Cannabis Conference In Latin America Arrives In Panama: Join LATAM CANN.BIZ On Sep. 1 & 2, Get Business Done

By Benzinga Cannabis

Today, 12:56 PM

LatAm Cann.BIZ, the most important cannabis event in Latin America, will be held, on September 1 and 2, at the Santa María Luxury Collection Hotel & Golf Resort in Panama City.

AVCNF

3 minute read

Small Cap

MJ Stock Trader On SAFE Banking, CAOA And Verano Holdings – Trade To Black Podcast

By The Dales Report

Today, 12:56 PM

In this week’s Trade To Black Podcast, TDR Founder Shadd Dales and Lead Financial Writer Benjamin A. Smith interviewed popular U.S. cannabis Twitter commentator, and founder of mjstocktrader.com, MJ Stock Trader.

MSOS

5 minute read

US House Approves Bill To End Federal Cannabis Prohibition, MORE Act: What Does This Mean?

By Javier Hasse

Today, 12:56 PM

The U.S.

CNBS

2 minute read

Is It Time To Invest In Curaleaf? Analyst Says ‘Use The Pullback’ As The Stock Has Upside Potential

By Nina Zdinjak

Today, 12:56 PM

Curaleaf Holdings, Inc. (OTC: CURLF) reported its financial and operating results Thursday for the fourth quarter and year ended December 31, 2021.

CURLF

4 minute read

EXCLUSIVE: This Top Hedge Fund Manager Is Bullish On US Cannabis Stocks, Here’s Why

By Nicolas Jose Rodriguez

Today, 12:56 PM

Investment expert and former hedge fund manager Whitney Tilson, current president and CEO of Empire Financial Research, recently stopped by Benzinga Cannabis Hour to discuss his investment thesis including his 2022 outlook as it pertains to the

CSE:GTII

2 minute read

Cannabis Stocks Chart: Renewed Legalization Hopes Widen The Valuation Gap

By Viridian Capital Advisors

Today, 12:56 PM

The graph shows the Enterprise Value to Next Twelve Months (NTM) EBITDA ratios for two groups of cannabis companies: those with market caps greater than $750M (green line) and those with market caps less than $300M (orange line). In addition, the valuation multiple difference, which we refer to as the valuation gap, is shown by the black line.

CNBS