MariMed CEO Jon Levine At Benzinga Cannabis Capital Conference Says Its Very Exciting To See The Government Is Finally Discussing Rescheduling Which Is Really Important, We Want To Invest Our Positive Cash Flow Into Building Our Future
Portfolio Pulse from Benzinga Newsdesk
MariMed CEO Jon Levine expressed excitement over the government's discussions on rescheduling cannabis, stating it's crucial for their future investments. He made these comments at the Benzinga Cannabis Capital Conference.
September 27, 2023 | 5:02 pm
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POSITIVE IMPACT
MariMed's future investment plans could be positively impacted by the government's potential rescheduling of cannabis.
MariMed's CEO's comments indicate that the company's future investment plans are tied to the government's potential rescheduling of cannabis. This could lead to increased investment in the company and potential growth.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
POSITIVE IMPACT
The potential rescheduling of cannabis by the government could indirectly impact MSOS, a cannabis-focused ETF.
While MSOS is not directly mentioned, it is a cannabis-focused ETF and could be indirectly impacted by the potential rescheduling of cannabis by the government. This could lead to increased investment in the ETF.
CONFIDENCE 70
IMPORTANCE 60
RELEVANCE 50