Illinois Governor Pritzker At Benzinga CCC Says State Has Used Cannabis Tax Revenues To Invest In Communities That Were Previously Harmed; $144M Has Gone Back Into Communities And Hundreds Of Organizations
Portfolio Pulse from Benzinga Newsdesk
Illinois Governor Pritzker announced at the Benzinga CCC that the state has used cannabis tax revenues to invest in communities that were previously harmed. So far, $144M has been reinvested into communities and hundreds of organizations.
September 28, 2023 | 3:46 pm
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POSITIVE IMPACT
The news may indirectly impact MSOS, an ETF that tracks the performance of US-listed companies involved in the cannabis industry.
While MSOS is not directly mentioned, it tracks US-listed cannabis companies. The news of Illinois' cannabis tax revenue investment indicates a positive environment for the cannabis industry, which could indirectly benefit MSOS.
CONFIDENCE 70
IMPORTANCE 60
RELEVANCE 50