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home / news releases / mjus big implications as president biden reschedules

NLCP - MJUS: Big Implications As President Biden Reschedules Cannabis

NewLake Capital Partners Inc Com

2024-05-16 20:58:06 ET

Summary

  • President Biden and the DOJ have officially announced the rescheduling of cannabis to Schedule III, sparking increased activity in cannabis stocks.
  • The MJUS ETF focuses on US-based cannabis firms and has a high concentration in top operators.
  • Rescheduling may have significant implications for cannabis companies, including the potential for normalized tax rates and increased earnings.
  • I discuss my top picks in the sector.

For further details see:

MJUS: Big Implications As President Biden Reschedules Cannabis
Stock Information
Company Name: NewLake Capital Partners Inc Com
Stock Symbol: NLCP
Market: OTC
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