Sheriffs And Pastor Join Ron DeSantis, And Weigh In On Florida's Cannabis Reform
Portfolio Pulse from Nicolás Jose Rodriguez
Florida Governor Ron DeSantis has appointed six new members to the state's Drug Policy Advisory Council, including sheriffs and a pastor, to weigh in on Florida's cannabis reform. The council will provide recommendations to the governor's office. The panel includes sheriffs with contrasting stances on marijuana rights. As Florida activists aim to legalize cannabis through a ballot initiative, the panel members' past actions and statements related to drugs may influence the state's response.
July 29, 2023 | 3:46 pm
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NEUTRAL IMPACT
The ongoing discussions on cannabis reform in Florida could impact the Amplify Seymour Cannabis ETF (NYSE:CNBS).
The discussions on cannabis reform in Florida could potentially influence the cannabis market and subsequently impact the Amplify Seymour Cannabis ETF. However, the exact impact is uncertain due to the ongoing nature of these discussions.
CONFIDENCE 75
IMPORTANCE 50
RELEVANCE 50
NEUTRAL IMPACT
Sheriff Nocco mentioned Charlotte's Web (OTC:CWBHF) in his statement, indicating he would not oppose the amendment if it was solely focused on medicinal marijuana. The company's stock may be impacted by the ongoing discussions on cannabis reform in Florida.
Sheriff Nocco's statement indicates a potential acceptance of medicinal marijuana, which could be beneficial for Charlotte's Web. However, the overall impact on the stock is uncertain due to the ongoing discussions and contrasting stances on cannabis reform within the council.
CONFIDENCE 75
IMPORTANCE 50
RELEVANCE 50
NEUTRAL IMPACT
The ongoing discussions on cannabis reform in Florida could impact the ETFMG Alternative Harvest (NYSE:MJ).
The discussions on cannabis reform in Florida could potentially influence the cannabis market and subsequently impact the ETFMG Alternative Harvest. However, the exact impact is uncertain due to the ongoing nature of these discussions.
CONFIDENCE 75
IMPORTANCE 50
RELEVANCE 50
NEUTRAL IMPACT
The ongoing discussions on cannabis reform in Florida could impact the Global X Cannabis ETF (NASDAQ:POTX).
The discussions on cannabis reform in Florida could potentially influence the cannabis market and subsequently impact the Global X Cannabis ETF. However, the exact impact is uncertain due to the ongoing nature of these discussions.
CONFIDENCE 75
IMPORTANCE 50
RELEVANCE 50
NEUTRAL IMPACT
The ongoing discussions on cannabis reform in Florida could impact the AXS Cannabis ETF (NYSE:THCX).
The discussions on cannabis reform in Florida could potentially influence the cannabis market and subsequently impact the AXS Cannabis ETF. However, the exact impact is uncertain due to the ongoing nature of these discussions.
CONFIDENCE 75
IMPORTANCE 50
RELEVANCE 50
NEUTRAL IMPACT
The ongoing discussions on cannabis reform in Florida could impact the Cambria Cannabis ETF (BATS:TOKE).
The discussions on cannabis reform in Florida could potentially influence the cannabis market and subsequently impact the Cambria Cannabis ETF. However, the exact impact is uncertain due to the ongoing nature of these discussions.
CONFIDENCE 75
IMPORTANCE 50
RELEVANCE 50
NEUTRAL IMPACT
The ongoing discussions on cannabis reform in Florida could impact the AdvisorShares Pure Cannabis ETF (NYSE:YOLO).
The discussions on cannabis reform in Florida could potentially influence the cannabis market and subsequently impact the AdvisorShares Pure Cannabis ETF. However, the exact impact is uncertain due to the ongoing nature of these discussions.
CONFIDENCE 75
IMPORTANCE 50
RELEVANCE 50