Ohio Republican Rep. Dave Joyce and New York Democrat Alexandria Ocasio-Cortez introduced new legislation on Thursday that would help states expunge criminal records for people with convictions for non-violent cannabis offenses.
The chart shows valuation multiples EV/2022 Revenues and EV/2022 EBITDA arranged in increasing order of 2022 revenue. The yellow and green bars show EV/2022 revenue and EV/2022 EBITDA multiples, both of which are measured on the left vertical axis. The red line shows debt/market cap, and the black line indicates the 2021-2022 revenue growth percent, both of which are measured on the
Poseidon Investment Management, one of the longest-running dedicated cannabis investment funds, announced Wednesday the launch of the AdvisorShares Poseidon Dynamic Cannabis ETF (Ticker: PSDN).
Cannabis stocks rallied last week as investors' legalization optimism increased ahead of potential reform legislation.
U.S. Rep. Nancy Mace, a South Carolina Republican, unveiled legislation Monday that would deschedule cannabis on a federal level and impose lighter taxes, but the cannabis rally has since cooled off.