Investor Ross Gerber Says: If You're A Cannabis Investor You're Going To Have To Be Patient; If We Reschedule That Actually Helps Companies Instantly With Their Profits; Rescheduling alone Doubles Value Of All Cannabis Companies
Portfolio Pulse from Benzinga Newsdesk
Investor Ross Gerber suggests that cannabis investors need to be patient, as rescheduling cannabis could instantly boost company profits and potentially double their value.
October 08, 2024 | 2:37 pm
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POSITIVE IMPACT
MSOS, a cannabis ETF, could see a significant increase in value if cannabis is rescheduled, as it would boost profits for the companies it holds.
MSOS is directly tied to the cannabis industry, and rescheduling would improve the profitability of its holdings, likely increasing the ETF's value.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 80