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MSOS

TCNNF

Benzinga's Cannabis Capital Conference is set to discuss federal reform and state market opportunities in the cannabis sector. The conference may mention MSOS and TCNNF.

Portfolio Pulse from Benzinga Newsdesk

September 27, 2023 | 6:06 pm

EWC

Canadian Prime Minister Trudeau has publicly apologized after a Parliamentary Speaker praised a Nazi veteran, expressing deep regret for the situation this has put Ukrainian President Zelenskiy in.

Portfolio Pulse from Benzinga Newsdesk

September 27, 2023 | 6:06 pm

ETHUSD

On Tuesday, 3,143.27 Ether (ETH) worth $5,017,136 was burned from Ethereum transactions. This follows the Ethereum blockchain's upgrade known as EIP-1159, which changed the fee model and includes a variable base fee that is burned, permanently removing it from circulation. Ethereum is currently issuing new Ether at a rate of 4% per year, expected to decrease to around 0.5-1% with the Ethereum 2.0 upgrade. The net annualized issuance rate for Ether yesterday was -1.38%.

Portfolio Pulse from Benzinga Insights

September 27, 2023 | 6:00 pm

FTTUSD

U.S. Rep. Patrick McHenry has criticized SEC Chair Gary Gensler for his lack of transparency regarding his interactions with FTX (CRYPTO: FTT) and its co-founder Sam Bankman-Fried. McHenry emphasized Gensler's reluctance to share details with Congress and his handling of inquiries related to a bankrupt cryptocurrency exchange. He warned that continued non-compliance might lead to Congress issuing a subpoena to the SEC.

Portfolio Pulse from Murtuza Merchant

September 27, 2023 | 5:44 pm

MSOS

Senate Majority Leader Chuck Schumer has pledged to bring the bipartisan banking bill, which could benefit the cannabis industry, to the Senate floor soon. This news initially caused a surge in cannabis stocks, but they have since leveled off. The AdvisorShares Pure US Cannabis ETF (NYSE:MSOS) is down 0.99% at $8.01. However, several GOP senators have vowed to oppose the legislation, citing concerns about liberalizing drug laws and compromising the integrity of the US banking system.

Portfolio Pulse from Maureen Meehan

September 27, 2023 | 5:40 pm

FXI

SPY

The US State Department has reported an increase in the pace of conversations with China following Secretary of State Antony Blinken's visit to the country. The department also hinted at upcoming public meetings with Chinese officials.

Portfolio Pulse from Benzinga Newsdesk

September 27, 2023 | 5:32 pm

PFE

Pfizer, Inc. (NYSE:PFE) shares hit a new 52-week low, falling more than 24% over the last year. The company faces challenges including issues with the commercial roll-out of updated COVID-19 vaccines and uncertainty regarding the approval of its oral antiviral COVID-19 treatment, Paxlovid, for commercial sale in the U.S. market.

Portfolio Pulse from Erica Kollmann

September 27, 2023 | 5:22 pm

MRMD

MSOS

MariMed CEO Jon Levine expressed excitement over the government's discussions on rescheduling cannabis, stating it's crucial for their future investments. He made these comments at the Benzinga Cannabis Capital Conference.

Portfolio Pulse from Benzinga Newsdesk

September 27, 2023 | 5:02 pm

MSOS

MariMed CEO Jon Levine is set to speak at the Benzinga Cannabis Capital Conference, discussing the dynamics of operating in the rapidly evolving Illinois cannabis market.

Portfolio Pulse from Benzinga Newsdesk

September 27, 2023 | 4:43 pm

UBS

The Department of Justice (DOJ) is reportedly intensifying its investigation into UBS and Credit Suisse over alleged evasion of Russian sanctions. This news has led to a decrease in UBS's share price.

Portfolio Pulse from Benzinga Newsdesk

September 27, 2023 | 4:34 pm