Dutchie CEO Tim Barash Says Weakness In Consumer Was Not Baked Into A Lot Of Planning For This Year; Says Trying To Grow Even In The Current Moment, Looking At How To Generate Same Store Sales Growth And Profitability Growth, Have To Be Trying To Make Existing Portfolio Grow Over Time
Portfolio Pulse from Benzinga Newsdesk
Dutchie CEO Tim Barash highlights that consumer weakness was not anticipated in this year's planning. The company is focusing on growing same-store sales and profitability despite current challenges.
October 09, 2024 | 6:17 pm
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The cannabis sector, represented by the ETF MSOS, may face challenges due to unanticipated consumer weakness as highlighted by Dutchie's CEO. This could impact the ETF's performance.
Dutchie's CEO comments on consumer weakness suggest potential challenges for the cannabis sector, which could negatively impact MSOS, an ETF focused on this industry.
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