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MSOS

Cory Azzalino highlights the profitability and potential of the Florida medical cannabis market, emphasizing the success of existing stores and the opportunity to scale production. The upcoming legislative session could make Florida the most exciting recreational cannabis market.

Portfolio Pulse from Benzinga Newsdesk

April 17, 2024 | 4:16 pm

MSOS

Brady Cobb discusses the benefits of vertical markets in building cannabis brands, supports THC limits, and approves of Illinois-style daily purchase limits. He also expresses a positive view on Florida's process and the idea of rescheduling cannabis. The Cannabis Capital Conference offers live access for subscribers and new users.

Portfolio Pulse from Benzinga Newsdesk

April 17, 2024 | 4:14 pm

MSOS

Duree Ross emphasizes the role of her firm in assisting other businesses to enhance their operations and communication with leadership in the cannabis industry. The Cannabis Capital Conference offers live access for both existing and new subscribers, potentially indicating a focus on investment opportunities within the sector.

Portfolio Pulse from Benzinga Newsdesk

April 17, 2024 | 4:10 pm

MSOS

During Benzinga's Cannabis Capital Conference, Duree & Company's President & CEO, Duree Ross, emphasized the importance of maintaining momentum in the cannabis industry, especially in Florida. She highlighted the need for businesses to continue applying successful strategies and to explore new ways to accelerate growth.

Portfolio Pulse from Benzinga Newsdesk

April 17, 2024 | 4:10 pm

ITHUF

MSOS

At Benzinga's Cannabis Capital Conference, iAnthus CEO Richard Proud discussed the company's focus on preparing for adult use by addressing medical industry needs, cultivation, innovation, and geography. Access to the conference is available for existing and new subscribers.

Portfolio Pulse from Benzinga Newsdesk

April 17, 2024 | 4:06 pm

BABA

PNQI

XNTK

Alibaba Group Holding Limited (NYSE:BABA) introduced its Logistics Marketplace, aimed at providing U.S. SMEs with affordable, customizable logistics services to enhance their global supply chain efficiency. The platform connects buyers with pre-vetted logistics providers, offering tailored solutions and a ratings system to ensure quality service. Despite this development, Alibaba's shares are trading slightly lower, continuing a 28% decline over the past 12 months. Investors can also gain exposure to Alibaba through SPDR NYSE Technology ETF (NYSE:XNTK) and Invesco Nasdaq Internet ETF (PNQI).

Portfolio Pulse from Nabaparna Bhattacharya

April 17, 2024 | 4:05 pm

MSOS

At the Benzinga Cannabis Capital Conference, the CEO and Founder of Sunburn Cannabis discussed the company's focus on the constitutional aspects of cannabis since 2014, leading to a breakthrough in 2016. They emphasized support for social issues through down-ballot initiatives and expressed optimism about an upcoming amendment. Sunburn Cannabis, launched in 2023, has successfully carved out market share in the industry. The article also mentions MSOS, suggesting relevance to the cannabis sector.

Portfolio Pulse from Benzinga Newsdesk

April 17, 2024 | 4:05 pm

MSOS

The Benzinga Cannabis Capital Conference discussed the future of adult-use cannabis in Florida, highlighting its presence on the ballot. The event, powered by CanPay, is accessible live to existing subscribers, with instant access provided to new users.

Portfolio Pulse from Benzinga Newsdesk

April 17, 2024 | 3:59 pm

RCL

Mizuho Securities analyst Ben Chaiken initiated coverage of Royal Caribbean Cruises Ltd (NYSE:RCL) with a Buy rating and a $164 price target, citing the company's quality ship assets, differentiated destinations, and potential for driving upside to estimates. Chaiken highlighted the expansion of existing destinations, development of new attractions, and differentiated ships as key drivers of incremental demand. The inauguration of Royal Beach Club in 2025 is expected to be a significant yield driver. Additionally, cost removals from the system could further drive upside to estimates. RCL shares rose by 0.74% to $127.55.

Portfolio Pulse from priya@benzinga.com

April 17, 2024 | 3:58 pm

ISPR

MSOS

Michael Wang highlights the e-cigarette market as a leading indicator for cannabis vaping trends, noting that part-systems and disposables dominate the market share with various form factors being popular.

Portfolio Pulse from Benzinga Newsdesk

April 17, 2024 | 3:54 pm