Boris Jordan Says Acqruied For Europe; EUGMP; Grow EUGMP Certified Flowers; Have Full Supply Chain On Flower And Product Side
Portfolio Pulse from Benzinga Newsdesk
Boris Jordan has announced the acquisition of a company to expand into the European market, focusing on EUGMP certified cannabis flowers and controlling the full supply chain for both flower and product sides. The announcement was made in the context of promoting the Cannabis Capital Conference, which offers live access for both existing and new subscribers.
April 16, 2024 | 6:19 pm
News sentiment analysis
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POSITIVE IMPACT
CURLF may see a positive short-term impact due to the strategic acquisition aimed at expanding into the European cannabis market with EUGMP certified products.
The acquisition aimed at expanding CURLF's presence in the European market with EUGMP certified products is likely to be viewed positively by investors, potentially leading to a short-term uptick in stock price due to expanded market access and regulatory compliance.
CONFIDENCE 85
IMPORTANCE 75
RELEVANCE 80
POSITIVE IMPACT
MSOS, an ETF that tracks the US cannabis market, may experience indirect positive sentiment due to the expansion of companies like CURLF into the European market.
While MSOS primarily tracks the US cannabis market, strategic moves by constituent companies into the European market, as indicated by CURLF's acquisition, could foster positive sentiment and potentially uplift MSOS's performance indirectly.
CONFIDENCE 70
IMPORTANCE 60
RELEVANCE 50