|Bid||0.9700 x 0|
|Ask||0.9800 x 0|
|Day's range||0.9150 - 1.0100|
|52-week range||0.4600 - 4.3100|
|Beta (5Y monthly)||2.11|
|PE ratio (TTM)||N/A|
|Forward dividend & yield||N/A (N/A)|
|1y target est||N/A|
Key Takeaways; Cannabis Sector • Canopy Growth successfully concluded BioSteel sale. • Jushi filed CA$600 million shelf prospectus for strategic flexibility. • MTL Cannabis reported soaring Q2 revenue after merger. • 22nd Century Group is streamlining operations by selling its hemp division for $2.25 million. Key Takeaways; Psychedelic Sector • Awakn’s recent regulatory and ethical […] The post Weekly Roundup on the Cannabis Sector & Psychedelic Sector appeared first on Market Exclusive.
Cannabis legislation might be nearing a milestone. If passed through Congress, the SAFER Banking Act could give registered cannabis businesses access to small business loans and various financial protections. Poseidon (PSDN) Co-Founder and Managing Partner Emily Paxhia joins Yahoo Finance Live and notes that this is the first time the SAFER Banking Act has made a run through the Senate, but expresses concerns that it “might not be a priority” for House lawmakers amid the approaching 2024 election and the looming threat of a government shutdown. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live.
Key Insights Canopy Growth's Annual General Meeting to take place on 25th of September Total pay for CEO David Klein...