From Benzinga's Cannabis Capital Conference: Carma HoldCo President, Co-Founder & CEO Adam Wilks Says We Are Now Opening Second Retail Outlet In Barcelona; We Got A Couple Location In U.S. As Well; Couple Other Global Expansion Including Indonesia And Second Location In Amsterdam
Portfolio Pulse from Benzinga Newsdesk
Carma HoldCo's President, Co-Founder & CEO Adam Wilks announced at Benzinga's Cannabis Capital Conference the opening of a second retail outlet in Barcelona, expansion plans in the U.S., Indonesia, and a second location in Amsterdam. The conference also offers live access for existing and new subscribers.
April 17, 2024 | 7:28 pm
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POSITIVE IMPACT
Carma HoldCo's global expansion, including in the U.S., may positively impact MSOS, an ETF focusing on U.S. cannabis companies, by potentially increasing its underlying assets' growth prospects.
Carma HoldCo's expansion in the U.S. and globally could lead to increased business activities and revenues for U.S. cannabis companies, which are part of MSOS's portfolio. This expansion could enhance the attractiveness and performance of MSOS in the short term by reflecting positively on the growth potential of its underlying assets.
CONFIDENCE 75
IMPORTANCE 60
RELEVANCE 70