Co-Chair Of Foley Hoag's Cannabis And Mergers & Acquisitions Practices, Partner Erica Rice At Benzinga Cannabis Capital Conference Says You Need To Get A License And States Require You To Think Of Those Things Upfront
Portfolio Pulse from Benzinga Newsdesk
Erica Rice, Co-Chair of Foley Hoag's Cannabis and Mergers & Acquisitions Practices, spoke at the Benzinga Cannabis Capital Conference. She emphasized the importance of obtaining a license and considering state requirements upfront in the cannabis industry.
September 27, 2023 | 8:23 pm
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NEUTRAL IMPACT
The emphasis on licensing and state requirements in the cannabis industry could impact the performance of the AdvisorShares Pure US Cannabis ETF (MSOS).
While the ETF MSOS is not directly mentioned in the article, the regulatory focus discussed could impact the performance of companies within the ETF. The importance of licensing and state requirements could potentially affect the profitability and operations of these companies, thereby influencing the ETF's performance.
CONFIDENCE 70
IMPORTANCE 50
RELEVANCE 50