POTX News and Press, Global X Cannabis ETF From 03/29/23

2023-03-29 12:59:34 ET The Delaware Senate on Tuesday approved a pair of House bills that legalize the possession of marijuana and set up a marketplace for legal cannabis sales. The bills now go before Gov. John Carney (Dem.). The legalization legislation and the marketplace l...

2023-03-17 15:21:28 ET A coalition that includes several of the US' largest multi-state operators has sued the New York State Office of Cannabis Management over restrictive marijuana dispensary licensing. Currently, only individuals with a prior cannabis offense or a non-profit ca...

2023-03-17 14:36:35 ET The New Hampshire House of Representatives approved legislation Thursday that legalizes marijuana with hardly any regulations or restrictions. The bill remove marijuana from the state's controlled substances list. It also removes provisions in statutes that appl...

2023-03-08 10:54:45 ET By a 62% to 38% margin, voters in Oklahoma have rejected a ballot initiative that would have legalized adult-use marijuana in the state. The initiative would have allowed adults 21 and over the right to possess marijuana for recreational use. It would ha...

2023-03-07 17:16:11 ET Legislation that would legalize marijuana passed in the Delaware House of Representatives and the Hawaii Senate on Tuesday. The Delaware bill passed by a 28-13 vote. It will now go before the state's Senate. The Hawaii bill passed on a 22-3 vote. Marij...

Summary Cannabis ETFs began to hit the market in 2017. As cannabis stocks have declined, they have lost their popularity. I review the small universe and find none that seem worthy of investment. Investors that want to invest in cannabis can do better picking stocks in my view. ...

Summary Cannabis stocks are really cheap, but Alan Brochstein is worried about 3 things. Thoughts on Cresco/Columbia Care deal. Sector debt and optimal cannabis investing metrics. Canadian and US operators. Concerns around MSOS; limitations of ETFs. Why Alan's 19% in cash. ...

Summary Nick Gastevich, aka CannaVestments, one of our favorite commenters on Seeking Alpha, returns for a super actionable take on cannabis stocks. Focus on companies that control their own destinies as much as possible. Which balance sheets are in trouble and who's generating real...

Summary ETFMG Alternative Harvest (MJ) has some unusual qualities that distinguish it from other cannabis ETFs. MJ has outperformed other ETFs in its sector. A deep dive into MJ reveals why it has outperformed. The cannabis ETFs and MJ Most of the attention cannabis receiv...

Summary The most consistent progress in cannabis is coming from states continuing to roll out legalization programs. For cannabis companies wanting to make a profit in these legal markets, there is both opportunity and a need to navigate growing pains. A reminder from Tim Seymo...