Safe Harbor Financial's Dan Roda Says 280E And The Improvement On Cash Flow Could Counteract Challenge We Expect To Encounter In Coming Months And Years; [Rate Drops] We Can Expect Benefit To Make Way To Cannabis-Related Borrowers; In Post-Silicon Valley Bank Area, Due To Rising Interest Rates And Increased Need For Institutions To Capture And Retain Deposits; Found Able To Obtain Interest-Bearing Accounts
Portfolio Pulse from Benzinga Newsdesk
Safe Harbor Financial's Dan Roda discusses the potential benefits of 280E and improved cash flow for cannabis-related borrowers amidst rising interest rates and the need for institutions to capture deposits. The post-Silicon Valley Bank era presents challenges, but interest-bearing accounts are now obtainable.
October 08, 2024 | 3:42 pm
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The article suggests that cannabis-related borrowers, potentially including those in the MSOS ETF, could benefit from 280E and improved cash flow despite rising interest rates. This could positively impact MSOS's holdings.
The article discusses benefits for cannabis-related borrowers, which are relevant to MSOS as it holds cannabis-related stocks. The potential for improved cash flow and benefits from 280E could positively impact the ETF's performance.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 80