Overall, the cannabis industry has much to be optimistic about as 2022 approaches. The U.S. industry, in particular, should be enthusiastic despite its remaining required maturation.
Operators across numerous pot sectors told Benzinga what they are most optimistic about for 2022. These were the four most discussed topics:
Investors who upgraded their portfolios with cannabis-focused Real Estate Investment Trust - Innovative Industrial Properties (NYSE: IIPR) five years ago are now loving their sky-high returns.
The Best Daily Overview Of The Cannabis Space
South Dakota lawmakers recommend bill to legalize marijuana.
New York bans advertising for cannabis and psychedelics in subways.
Rep. Nancy Mace's history with cannabis.
In today's episode we covered the following public companies:
4Front Ventures Corp. (CSE: FFNT) (OTCQX: FFNTF), a vertically integrated, multi-state cannabis operator and retailer with offices in Phoenix, Arizona, announced its financial results for the third quarter ended September 30, 2021, late Wednesday afternoon.
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.
One of the most respected cannabis entrepreneurs and activists, Kris Krane, recently joinned New York-based KCSA Strategic Communications, to lead its new Chicago office.
Cannabis-focused REIT Innovative Industrial Properties, Inc. (NYSE: IIPR) released its third-quarter earnings on Wednesday with total revenue of around $53.9 million, up by 57% year-over-year from $34.3 million.