Streetbeat News

Regulatory

MSOS

SPY

Hon. Ed Perlmutter discussed the legislative process for passing a bill, highlighting the urgency and complexity of the situation. He mentioned that despite attempts to pass the bill through normal legislative procedures, a more rapid and segmented approach might be necessary. Specifically, he referred to the FAA Reauthorization, emphasizing its importance and the need for swift action, albeit acknowledging the process may not be straightforward or aesthetically pleasing.

Portfolio Pulse from Benzinga Newsdesk

April 16, 2024 | 2:55 pm

CRLBF

MSOS

SPY

John Sullivan announced a working group led by Sen. Schumer and the Vice President discussing future cannabis legalization. This development was shared at Benzinga's Cannabis Capital Conference.

Portfolio Pulse from Benzinga Newsdesk

April 16, 2024 | 2:53 pm

CRLBF

MSOS

At Benzinga's Cannabis Capital Conference, Cresco Labs' EVP John Sullivan highlighted the changing perceptions towards cannabis over the last three years. He emphasized the need for continued advocacy to push legislators for further progress, acknowledging that cannabis often gets sidelined and Cresco Labs is not yet at the forefront of the industry.

Portfolio Pulse from Benzinga Newsdesk

April 16, 2024 | 2:52 pm

MSOS

At Benzinga's Cannabis Capital Conference, Trulieve's Executive Director of Government Relations, Lauren Niehaus, emphasized the need for constant education of Congress on cannabis issues, highlighting the slow but ongoing progress in the sector.

Portfolio Pulse from Benzinga Newsdesk

April 16, 2024 | 2:50 pm

MSOS

Hon. Ed Perlmutter discussed the challenges and progress in cannabis legislation, indicating significant advancements in the past 50 years and suggesting we are on the cusp of major legislative changes. This discussion took place at Benzinga's Cannabis Capital Conference.

Portfolio Pulse from Benzinga Newsdesk

April 16, 2024 | 2:48 pm

MSOS

SPY

At Benzinga's Cannabis Capital Conference, Hon. Ed Perlmutter, a former member of Congress and partner at Holland & Knight, discussed the Obama administration's unpreparedness for the straight descheduling of cannabis. He mentioned ongoing efforts since then to address the issue.

Portfolio Pulse from Benzinga Newsdesk

April 16, 2024 | 2:47 pm

MSOS

At Benzinga's Cannabis Capital Conference, former U.S. Senator Cory Gardner discussed the slow pace of legislative processes, particularly in cannabis reform. He highlighted a conversation with Arthur Brooks, noting that legislation typically takes 10 years to pass, and pointed out that we are currently at that ten-year mark.

Portfolio Pulse from Benzinga Newsdesk

April 16, 2024 | 2:45 pm

MSOS

The Benzinga Cannabis Capital Conference featured top policy insights from DC insiders, including Gardner & Perlmutter, focusing on the future of cannabis legislation and its impact on the industry.

Portfolio Pulse from Benzinga Newsdesk

April 16, 2024 | 2:41 pm

FXI

SPY

U.S. Treasury Secretary Yellen announced plans to discuss illicit finance issues, including narcotics, with China. This move could have implications for international relations and financial markets.

Portfolio Pulse from Benzinga Newsdesk

April 16, 2024 | 2:34 pm

SPY

VGK

U.S. Treasury Secretary Yellen announced the exploration of options to unlock value from frozen Russian assets, including seizing or using them as collateral. This move could impact financial markets and related ETFs.

Portfolio Pulse from Benzinga Newsdesk

April 16, 2024 | 2:24 pm