Tim Seymour On Running A Cannabis Fund: 'We Focus On Companies Poised For Growth'
Portfolio Pulse from Nicolás Jose Rodriguez
Tim Seymour, portfolio manager of the Amplify Seymour Cannabis ETF (NYSE:CNBS), discusses the growth potential in the cannabis sector, emphasizing the importance of strategic partnerships, operational efficiencies, and the burgeoning U.S. hemp cannabinoid market. He highlights companies like Curaleaf, Green Thumb Industries, and Trulieve for their strong market positions and governance. Seymour also notes British Tobacco's investment in Organigram as a strategic move to expand international market reach.
June 17, 2024 | 1:26 pm
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POSITIVE IMPACT
British Tobacco's (NYSE:BTI) investment in Organigram is seen as a strategic move to expand into international markets and develop sophisticated cannabis products.
The strategic partnership with Organigram positions British Tobacco to leverage international market opportunities and product development in the cannabis sector.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 70
POSITIVE IMPACT
Tim Seymour, manager of the Amplify Seymour Cannabis ETF (NYSE:CNBS), emphasizes the ETF's focus on companies with strong governance and growth potential in the cannabis sector.
Seymour's insights and strategy for the CNBS ETF highlight its focus on companies with strong governance and growth potential, likely attracting more investors.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100
POSITIVE IMPACT
Curaleaf (OTC:CURLF) is highlighted for its expansive operational footprint and strategic partnerships, positioning it uniquely in both U.S. and international markets.
Curaleaf's strong operational footprint and strategic partnerships position it well for growth in the cannabis sector, attracting institutional investments.
CONFIDENCE 85
IMPORTANCE 75
RELEVANCE 60
POSITIVE IMPACT
Green Thumb Industries (OTC:GTBIF) is noted for its robust wholesale strategies and high-margin product offerings, contributing to its strong position in the U.S. cannabis market.
Green Thumb's focus on high-margin products and strategic wholesale operations enhances its profitability and market position in the U.S. cannabis sector.
CONFIDENCE 85
IMPORTANCE 75
RELEVANCE 60
POSITIVE IMPACT
Organigram (NASDAQ:OGI) benefits from British Tobacco's investment, enhancing its market reach and product development capabilities, particularly in the U.S. hemp cannabinoid market.
British Tobacco's investment in Organigram strengthens its position in the cannabis market, particularly in the burgeoning U.S. hemp cannabinoid sector.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 80
POSITIVE IMPACT
Trulieve (OTC:TCNNF) leverages its strong presence in Florida to optimize production efficiencies and market penetration, setting benchmarks for profitability in the cannabis industry.
Trulieve's strong market presence in Florida and focus on production efficiencies position it as a profitable leader in the cannabis industry.
CONFIDENCE 85
IMPORTANCE 75
RELEVANCE 60