Tim Conder At Benzinga Cannabis Capital Conference Says Investors Are Asking Questions More About Profitability Than Growth And Focus On Execution More Than Expansion
Portfolio Pulse from Benzinga Newsdesk
At the Benzinga Cannabis Capital Conference, Conder highlighted that investors are now more interested in profitability than growth, and are focusing more on execution than expansion. This shift in investor sentiment could impact cannabis-related stocks and ETFs.
September 27, 2023 | 8:28 pm
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NEUTRAL IMPACT
The shift in investor sentiment towards profitability and execution could impact the performance of the MSOS ETF, which tracks US-listed cannabis companies.
The MSOS ETF tracks US-listed cannabis companies. As investors are now more interested in profitability and execution, companies that do not meet these criteria may see their stock prices fall, which could in turn impact the performance of the MSOS ETF.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 75