Streetbeat News

Regulatory

GRAM

MSOS

Gold Flora's CEO, Laurie Holcomb, discusses the company's vertical integration strategy, which allows for flexibility in operations and financial management. The focus is on improving free cash flow and simplifying tax structures, particularly in relation to 280E tax regulations.

Portfolio Pulse from Benzinga Newsdesk

October 08, 2024 | 3:14 pm

META

Russia's communications regulator has banned the instant messaging platform Discord, as reported by Reuters citing TASS.

Portfolio Pulse from Benzinga Newsdesk

October 08, 2024 | 3:11 pm

MSOS

Chicago Atlantic's Managing Partner, Peter Sack, highlights the positive impact of the removal of 280E on cash flow for their businesses and clients. This change is expected to benefit companies in the cannabis sector, potentially affecting related ETFs like MSOS.

Portfolio Pulse from Benzinga Newsdesk

October 08, 2024 | 3:10 pm

MSOS

Chicago Atlantic Managing Partner Peter Sack discusses the impact of Trump's endorsement on cannabis rescheduling, indicating it's a matter of 'when' rather than 'if'. This could have implications for cannabis-related stocks and ETFs.

Portfolio Pulse from Benzinga Newsdesk

October 08, 2024 | 3:09 pm

MSOS

Verano President Darren Weiss expressed optimism about the rescheduling of cannabis by 2025, noting the record speed of administrative agencies. However, he refrained from making specific timing predictions.

Portfolio Pulse from Benzinga Newsdesk

October 08, 2024 | 3:08 pm

JNJ

Verb Surgical has been granted a US patent for a machine-learning-based visual-haptic system for robotic surgical platforms. This development could enhance the capabilities of robotic surgery, potentially impacting companies involved in this sector.

Portfolio Pulse from Benzinga Newsdesk

October 08, 2024 | 3:05 pm

MSOS

The Benzinga Cannabis Capital Conference discusses the impact of the potential repeal of the 280E tax code on cannabis companies. The focus is on how different companies might benefit financially from this change.

Portfolio Pulse from Benzinga Newsdesk

October 08, 2024 | 3:03 pm

TSNDF

TerrAscend's Executive Chairman, Jason Wild, expressed optimism about potential regulatory changes that would allow the cannabis industry to be treated like other industries. This could have significant implications for companies like TerrAscend.

Portfolio Pulse from Benzinga Newsdesk

October 08, 2024 | 3:01 pm

MSOS

SPY

Emily Paxhia of Poseidon Investment Management highlights the challenges faced by cannabis businesses, including limited access to credit card processing, insurance, banking, and capital markets like NASDAQ and NYSE.

Portfolio Pulse from Benzinga Newsdesk

October 08, 2024 | 2:59 pm

MSOS

TSNDF

TerrAscend's Executive Chairman, Jason Wild, highlighted a Supreme Court Justice's opinion questioning the legality of cannabis. This suggests potential interest in revisiting cannabis laws, which could impact cannabis-related stocks.

Portfolio Pulse from Benzinga Newsdesk

October 08, 2024 | 2:57 pm