EXCLUSIVE: Unlocking Potential Of Ancillary Companies In Cannabis Industry
Portfolio Pulse from Franca Quarneti
Ancillary companies in the cannabis industry are gaining attention due to their ability to list on US exchanges and access banking services. These companies, which do not directly touch the cannabis plant, are seen as a good investment opportunity. Key figures in the sector, including Gary Santo of Meridius Capital Advisors and Craig Snyder, CEO of Greenlane Holdings (NASDAQ:GNLN), highlighted the importance of customer success, trust, and collaboration in the industry. Bradley Natrass, CEO of Urban-gro, Inc (NASDAQ:UGRO), emphasized the importance of trust and transparency in business relationships.
September 28, 2023 | 9:38 pm
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POSITIVE IMPACT
Greenlane Holdings, a leading platform for the development and distribution of premium consumption accessories, is highlighted as a key player in the ancillary cannabis sector. The company's focus on customer success could attract more investors.
The news highlights Greenlane Holdings' role in the cannabis industry and its focus on customer success. This positive exposure could attract more investors, potentially driving the stock price up in the short term.
CONFIDENCE 85
IMPORTANCE 70
RELEVANCE 80
POSITIVE IMPACT
Urban-gro, Inc, an architectural, engineering, and cultivation systems integration company, is also mentioned as a key player in the ancillary cannabis sector. The company's emphasis on trust and transparency could boost its reputation among investors.
The news highlights Urban-gro's role in the cannabis industry and its emphasis on trust and transparency. This positive exposure could boost the company's reputation among investors, potentially driving the stock price up in the short term.
CONFIDENCE 85
IMPORTANCE 70
RELEVANCE 80