Hon. Ed Perlmutter Says When Cory Talks About Major Piece Of Legislation; Turned Out To Be A Lot Harder; On Scheduling And Legislation We Are Farther Along In 50 Years; On The Cusp
Portfolio Pulse from Benzinga Newsdesk
Hon. Ed Perlmutter discussed the challenges and progress in cannabis legislation, indicating significant advancements in the past 50 years and suggesting we are on the cusp of major legislative changes. This discussion took place at Benzinga's Cannabis Capital Conference.
April 16, 2024 | 2:48 pm
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POSITIVE IMPACT
The discussion by Hon. Ed Perlmutter on cannabis legislation progress suggests potential positive regulatory changes for the cannabis industry, which could benefit MSOS, a cannabis ETF.
Given that MSOS is an ETF that tracks the performance of US cannabis companies, any positive shift in cannabis legislation, as suggested by Ed Perlmutter's comments, could lead to increased investor optimism and potentially enhance the ETF's performance in the short term.
CONFIDENCE 75
IMPORTANCE 90
RELEVANCE 80