Alexa Alianiello At Benzinga Cannabis Capital Conference Says This Year Lead Twitter To Be First Mainstream Tech Platform To Allow For Cannabis Advertising, Since Then Has Made Rapid Relaxations To Policy To Allow More Opportunity Industry To Grow
Portfolio Pulse from Benzinga Newsdesk
Alexa Alianiello, speaking at the Benzinga Cannabis Capital Conference, highlighted that Twitter has become the first mainstream tech platform to allow cannabis advertising. This move has led to rapid policy relaxations, providing more opportunities for the cannabis industry to grow.
September 27, 2023 | 2:19 pm
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POSITIVE IMPACT
The policy relaxation on cannabis advertising on Twitter could potentially benefit MSOS, an ETF that tracks the performance of US-listed companies in the cannabis industry.
As Twitter relaxes its policies on cannabis advertising, this could potentially benefit MSOS, an ETF that tracks the performance of US-listed companies in the cannabis industry. Increased visibility and advertising opportunities for these companies could lead to higher stock prices, positively impacting the ETF.
CONFIDENCE 70
IMPORTANCE 60
RELEVANCE 70
POSITIVE IMPACT
Twitter's decision to allow cannabis advertising could potentially increase its ad revenue and user engagement.
Twitter's decision to allow cannabis advertising is a significant move that could attract more advertisers to the platform, potentially increasing its ad revenue. Additionally, this could lead to higher user engagement as the cannabis industry continues to grow.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 100