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Regulatory

MSOS

Cesar Reynoso of MGO suggests that despite the absence of the SAFER Banking Act and rescheduling, some operators in the cannabis industry will still perform well due to sustained demand. The article was published on Benzinga.

Portfolio Pulse from Benzinga Newsdesk

September 27, 2023 | 8:20 pm

NLS

Nautilus, Inc. (NYSE:NLS) has received a notice of non-compliance from the New York Stock Exchange (NYSE) due to its average closing price being less than $1.00 per share over a consecutive 30 trading-day period. The company has six months to regain compliance with the minimum share price requirement. The notice does not affect the company's business, operations, or reporting requirements with the Securities and Exchange Commission.

Portfolio Pulse from Benzinga Newsdesk

September 27, 2023 | 8:16 pm

GRWG

MSOS

GrowGeneration Co-Founder and CEO, Darren Lampert, spoke at the Benzinga Cannabis Capital Conference, emphasizing the company's careful approach to understanding the rules and regulations of every state they operate in.

Portfolio Pulse from Benzinga Newsdesk

September 27, 2023 | 8:15 pm

MSOS

BeLeaf Medical CEO Jason Nelson spoke at the Benzinga Cannabis Capital Conference, discussing the changing nature of local regulatory functions in the cannabis industry.

Portfolio Pulse from Benzinga Newsdesk

September 27, 2023 | 8:14 pm

FREQ

Frequency Therapeutics has terminated its sales agreement with Oppenheimer, effective immediately, according to an SEC filing. The termination is not subject to any penalties.

Portfolio Pulse from Benzinga Newsdesk

September 27, 2023 | 8:12 pm

LDOS

Leidos (NYSE:LDOS) has announced a collaboration with Sofia Airport in Bulgaria to upgrade its hold baggage screening systems. The upgrades are designed to comply with the latest European regulations and will include three EU Standard 3 certified MV:3D Explosive Detection Systems and two new transmission X-ray systems. Leidos will also provide a 10-year service contract for the systems. The installation is expected to be completed in Q2 2024.

Portfolio Pulse from Benzinga Newsdesk

September 27, 2023 | 8:11 pm

MSOS

PSIL

VICE

YOLO

The Senate Banking Committee has approved the Secure and Fair Enforcement Regulation (SAFER) Banking Act, a significant step towards cannabis reform. This regulatory milestone would allow legal cannabis businesses to access banks and financial institutions. The panel discussion at the Benzinga Cannabis Capital Conference included representatives from Poseidon Investment Management, AdvisorShares, Entourage Effect Capital, and Eminence Capital. The panelists discussed the potential for increased investment in the cannabis sector and the expected consolidation of the industry.

Portfolio Pulse from Jelena Martinovic

September 27, 2023 | 8:08 pm

MSOS

A presentation titled 'Building a Successful Cannabis Business While Regulations Catch Up' has begun at the Benzinga Cannabis Capital Conference. The US-listed ETF MSOS may be mentioned during the presentation.

Portfolio Pulse from Benzinga Newsdesk

September 27, 2023 | 8:07 pm

MSOS

Aaron Miles of Verano Holdings has stated that the company is already working on a strategy in relation to rescheduling. The implications of this are currently unknown.

Portfolio Pulse from Benzinga Newsdesk

September 27, 2023 | 8:06 pm

MSOS

Tracy Gallegos of Duane Morris expressed her skepticism about the passing of the SAFER Banking Act or rescheduling any time soon. This information was shared during a Benzinga subscriber event.

Portfolio Pulse from Benzinga Newsdesk

September 27, 2023 | 8:01 pm