Verano President Darren Weiss Says I Am A Big Believer In Momentum As It Relates To Cannabis And Liberalization Of Cannabis Laws; We've Got Support From General Population For Cannabis Reform; I Think You're Going To See Movement In Congress; Options To Push With Respect To Courts; Going To Opportunity To Access US Exchanges; It Is Getting Increasingly Difficult To Ignore Inequities With US Companies And Businesses Going To Canada; Rescheduling Is Significant and Does Not End With Rescheduling And 280E Goin
Portfolio Pulse from Benzinga Newsdesk
Verano President Darren Weiss expresses optimism about the momentum in cannabis law liberalization, highlighting public support and potential Congressional movement. He notes the challenges US companies face compared to Canadian counterparts and the significance of rescheduling.
October 08, 2024 | 3:24 pm
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POSITIVE IMPACT
Momentum in cannabis law reform and potential Congressional action could positively impact the AdvisorShares Pure US Cannabis ETF (MSOS), which focuses on US cannabis companies.
The article discusses potential positive changes in cannabis laws, which would benefit US cannabis companies. MSOS, being an ETF focused on these companies, stands to gain from such developments.
CONFIDENCE 85
IMPORTANCE 70
RELEVANCE 70
POSITIVE IMPACT
Verano's President Darren Weiss is optimistic about cannabis law reform, which could benefit Verano Holdings. He highlights public support and potential Congressional action, as well as challenges US companies face compared to Canadian peers.
The President of Verano Holdings is directly quoted expressing optimism about cannabis law reform, which could positively impact the company. The mention of public support and potential Congressional action suggests a favorable environment for Verano.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 90