Brady Cobb Says [If Stores Disappear] We Built Business To Get To Positive EBITDA To Have Opportunity To Tread Water; Wait To See What Goes; Working Behind Scenes [On Legalization]]
Portfolio Pulse from Benzinga Newsdesk
Brady Cobb has announced that his business has been built to achieve positive EBITDA, indicating ongoing efforts and developments behind the scenes. The statement was made in the context of the Cannabis Capital Conference, which is available for live viewing to both existing and new subscribers.
April 17, 2024 | 4:18 pm
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POSITIVE IMPACT
MSOS, likely related to the cannabis sector, may see investor sentiment impacted by Brady Cobb's announcement of aiming for positive EBITDA, indicating potential growth or stability in the sector.
Given Brady Cobb's focus on achieving positive EBITDA for his business within the cannabis industry, it suggests a positive outlook for companies within this sector. As MSOS is related to the cannabis market, this news could lead to increased investor confidence in the sector's growth and profitability, potentially driving up the price of MSOS in the short term.
CONFIDENCE 75
IMPORTANCE 60
RELEVANCE 70