Investor Ross Gerber Says Lets Say We Have Rescheduling And Full Legalization In Year; Companies Worth "3X"; I Cannot Think Of Any Business That's Had To Go Through What Cannabis Industries Had To Go Through
Portfolio Pulse from Benzinga Newsdesk
Investor Ross Gerber suggests that if cannabis rescheduling and full legalization occur, companies in the industry could see their value triple. He highlights the unique challenges faced by the cannabis industry.
October 08, 2024 | 2:38 pm
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POSITIVE IMPACT
Ross Gerber's comments suggest that GK, a cannabis-related company, could see significant valuation increases if cannabis is rescheduled and fully legalized.
GK is likely to benefit from regulatory changes in the cannabis industry, as suggested by Ross Gerber's prediction of a 3x valuation increase.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 80
POSITIVE IMPACT
MSOS, an ETF focused on cannabis, may experience significant gains if cannabis rescheduling and full legalization occur, as per Ross Gerber's insights.
MSOS, being an ETF that tracks cannabis companies, stands to benefit from potential regulatory changes and the predicted 3x valuation increase.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 80