TerrAscend Executive Chairman Jason Wild Says Supreme Court Justice Wrote Dictim To Effect On Whether Cannabis Should Still Even Be Illegal; We Think [Thomas] Is Interested In Hearing This Case
Portfolio Pulse from Benzinga Newsdesk
TerrAscend's Executive Chairman, Jason Wild, highlighted a Supreme Court Justice's opinion questioning the legality of cannabis. This suggests potential interest in revisiting cannabis laws, which could impact cannabis-related stocks.
October 08, 2024 | 2:57 pm
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POSITIVE IMPACT
The mention of a Supreme Court Justice's opinion on cannabis legality could influence the AdvisorShares Pure US Cannabis ETF (MSOS), as changes in cannabis laws may impact the ETF's holdings.
MSOS is directly tied to the cannabis industry, and any legal changes could significantly affect its holdings. The mention of a Supreme Court Justice's interest in the case suggests potential regulatory shifts.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80
POSITIVE IMPACT
TerrAscend (TSNDF) could be directly impacted by potential changes in cannabis legality, as highlighted by their Executive Chairman's comments on a Supreme Court Justice's opinion.
TerrAscend is a cannabis company, and any legal changes could directly impact its operations and market potential. The Executive Chairman's comments suggest a significant interest in the legal landscape.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 90