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It's a Strange Mix of Action Out There

It s a Strange Mix of Action Out There
The best momentum on my screens right now are the U.S. cannabis plays that are referred to as Multi-State Operators.
The indices look good, and breadth is strong at 2 to 1 positive, but momentum is mixed, as is illustrated by ARK Innovation ETF (ARKK) , which is trading down 0.7%. Traders still seem to be hesitant to aggressively chase, but lower interest rates are helping the overall move.
The best momentum on my screens right now are the U.S. cannabis plays that are referred to as Multi-State Operators (MSO). Names like Trulieve (TCNNF) , Green Thumb (GTBIF) , and Cresco Labs (CRLBF) are trading well after being mentioned in a positive story in Barron s this weekend. ....

Ammo Inc , Perceptive Life Sciences Offshore Fund Ltd , Multi State Operators , Green Thumb , Cresco Labs , Aurinia Pharmaceuticals , Ames Amp Quot Rev Shark Deporre , அம்மோ இன்க் , பல நிலை ஆபரேட்டர்கள் , பச்சை கட்டைவிரல் , க்ரெஸ்கோ ஆய்வகங்கள் , ஒரினிய மருந்துகள் ,

CNBS Cannabis ETF Announces Ability to Access MSOs via Swaps

Press release content from Globe Newswire. The AP news staff was not involved in its creation.
CNBS Cannabis ETF Announces Ability to Access MSOs via Swaps
Amplify ETFsApril 20, 2021 GMT
CHICAGO, April 20, 2021 (GLOBE NEWSWIRE) Amplify ETFs is pleased to announce the Amplify Seymour Cannabis ETF (NYSE: CNBS) now has the ability to access Multi-State Operators (MSOs) via swaps. The ETF recently completed both legal and operational work in order to add portfolio exposure to this group of companies.
“We are excited to now have access to the full plant-touching U.S. cannabis investable universe in the CNBS portfolio at a time when we believe the U.S. market is poised for significant growth,” said Tim Seymour, Portfolio Manager for CNBS. ....

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Cannabis Taxes: 'More' Tax Required To Rid The (IRS) Snake In The 'Grass'

Cannabis Taxes: 'More' Tax Required To Rid The (IRS) Snake In The 'Grass'
benzinga.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from benzinga.com Daily Mail and Mail on Sunday newspapers.

Senate Majority Leader Chuck Schumer , Multi State Operators , Majority Leader Chuck Schumer , Greenwave Buzz , State Average , செனட் பெரும்பான்மை தலைவர் சக் ஸ்குமர் , பல நிலை ஆபரேட்டர்கள் , பெரும்பான்மை தலைவர் சக் ஸ்குமர் , கிரீன்வேவ் புழ்ழ் , நிலை சராசரி ,

Amplify ETFs Makes Key Announcement on Unofficial Marijuana Holiday

Amplify ETFs Makes Key Announcement on Unofficial Marijuana Holiday
April 20, 2021
On what has become a historic day for marijuana smokers, April 20, or 4/20, a leading ETF company is making a major announcement.
Amplify Seymour Cannabis ETF (NYSE: CNBS) now has the ability to access Multi-State Operators (MSOs) via swaps. The ETF recently finished the necessary legal and operational work required to add portfolio exposure to this group of companies.
Swaps are a type of derivative contract where where two parties exchange the cash flows or liabilities from two disparate financial instruments. Swaps can occur in a variety of forms and typically principal does not transfer between the parties. ....

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New York's Adult-Use Cannabis Law: Multifaceted Licensing With A Purpose | Fox Rothschild LLP

First in a series on the New York State Cannabis/Marijuana Regulation & Taxation Act
New York state recently passed long-awaited adult-use cannabis legislation, taking the lead on other key jurisdictions with medical use-only systems, such as Florida and Pennsylvania. While the bill awaits implementation, now is the time for entities interested in entering the market to gear up for the application process. While new businesses aren’t expected to open for at least a year, the regulations will be published and license process initiated much sooner. Over the next few weeks, Fox Rothschild’s national Cannabis Law team, led by our New York group, will provide in-depth insight into various aspects of the new law, covering a full range of issues, including social equity, real estate and labor provisions. ....

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