Brady Cobb Says Start To See Some M&A After [Amendment] Passes; Raised $82M In Environment Without Down Route; Those Are Gone; Show Me Market; Growing New Patients Of 28% MoM; Real Work In Legislative Session In 2025; We Wont Know What Market Looks Like Until We Go Through That Process
Portfolio Pulse from Benzinga Newsdesk
Brady Cobb discussed the potential for mergers and acquisitions in the cannabis sector, highlighting the successful raising of $82M in a challenging market. He noted a significant growth in new patients (28% MoM) and emphasized the importance of the legislative session in 2025 for the industry's future. The market's direction remains uncertain until these processes are navigated.
April 17, 2024 | 4:13 pm
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POSITIVE IMPACT
Brady Cobb's insights suggest a positive outlook for the cannabis sector, potentially benefiting MSOS, especially with the emphasis on growth and legislative developments.
Given the positive growth indicators and the focus on future legislative sessions that could shape the cannabis market, MSOS, which tracks U.S. cannabis companies, may see a positive impact. The successful fundraising and patient growth are direct indicators of a robust market, potentially leading to increased investor confidence in MSOS.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 75