Streetbeat News

PYYX

Pyxus International Inc

https://www.pyxusintl.com/

CEO

J. Pieter Sikkel

Employees

3,000

Industry

Tobacco Stores

Open

2.75

Mkt cap

69M

Volume

10K

High

2.80

P/E Ratio

-14.74

52-wk high

4.70

Low

2.75

Div yield

N/A

52-wk low

1.60

The article discusses the potential of the cannabis industry as a source of tax revenue for the U.S. government, comparing it to the tobacco industry. It highlights that cannabis tax revenue has surpassed tobacco tax revenue in states like Colorado and Washington. The article also mentions the need for tax reform to unlock the full potential of the cannabis economy. Major tobacco players such as Philip Morris International, Altria Group, Imperial Brands, and British American Tobacco are exploring opportunities in the cannabis market.

Portfolio Pulse from Nicolás Jose Rodriguez

June 30, 2023 | 3:21 am

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