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POTX News and Press, Global X Cannabis ETF From 09/11/23

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Company Name: Global X Cannabis ETF
Stock Symbol: POTX
Market: NYSE

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POTX - Cannabis stocks extend rally amid positive news on regulatory front

2023-09-11 12:47:06 ET More on Aurora Cannabis, Canopy Growth, etc. Canopy Growth Rallies On Possible Rescheduling Of Cannabis: Time To Buy Canopy Growth: Buy This Cannabis Stock Before Legalization Aurora Cannabis Inc. ( ACB ) Q2 2023 Earnings Call Transcript ...

POTX - If You Invested $10,000 in Innovative Industrial Properties 1 Year Ago, This Is How Much You Would Have Today

2023-07-21 06:55:00 ET The marijuana sector that real estate investment trust (REIT) Innovative Industrial Properties (NYSE: IIPR) serves is in a state of flux. That has left Wall Street worried about the company's business. The stock hasn't been a strong performer of late, but inve...

POTX - Missouri recreational marijuana sales surpass $95M monthly

2023-07-19 14:13:41 ET In June, Missouri recorded $95.2M in sales of recreational cannabis at dispensaries, the highest amount since the state began legal adult-use sales in February. In its first month, $71.7M of recreational marijuana was sold. Since 2020, the state has had mo...

POTX - Schumer tells colleagues marijuana banking bill needs Republican support

2023-07-10 12:50:17 ET Senate Majority Leader Chuck Schumer told fellow lawmakers that passing legislation that would allow legal cannabis businesses to work withthe US financial system will "depend on cooperation of our Republican colleagues." In a July 9 letter , Schumer provided ...

POTX - Cannabis ETF declares semi-annual distribution of $0.2064

2023-06-30 11:19:31 ET Cannabis ETF ( NASDAQ: POTX ) - $0.2064 . Payable Jul 10; for shareholders of record Jun 30; ex-div Jun 29. For further details see: Cannabis ETF declares semi-annual distribution of $0.2064

POTX - Sen. Schumer said to be "confident" of clearing cannabis banking bill this session

2023-06-21 15:31:22 ET Senate Majority Leader Chuck Schumer (D-N.Y.) is "confident" that the current session of Congress will pass a key marijuana banking bill, Marijuana Moment reported Wednesday, citing cannabis entrepreneur Wanda James. During a brief discussion with James, who h...

POTX - CNBS: Cannabis Companies Continue To Face An Uphill Battle

2023-05-31 05:35:46 ET Summary Cannabis companies face challenges in obtaining funding, advertising, and scaling, as well as potential declines in edibles' popularity due to DEA restrictions on delta-8 drugs. Possible comeback opportunities include increased research on cannabis b...

POTX - Cannabis ETFs get burnt as Tilray dives 20%

2023-05-26 10:31:47 ET Exchange traded funds related to the cannabis sector dropped in Friday's early trading, dragged down by shares of industry stalwart Tillery Brands ( TLRY ). TLRY declined 20% after the cannabis company announced a $150M offering of convertible senior n...

POTX - YOLO: Reintroduction Of SAFE Banking Act Creating New Opportunities For Cannabis ETFs

2023-05-10 09:03:26 ET Summary YOLO invests in cannabis companies that are both pharmaceutical and recreational in nature. YOLO and similar funds have struggled to gain momentum during the past two years amid various financial and legal restrictions targeted at marijuana instituti...

POTX - Schumer says marijuana banking bill will include social justice reforms

2023-05-08 14:00:20 ET Senate Majority Leader Chuck Schumer (D-N.Y.) said that a bill that would allow legal cannabis companies to do business with U.S. banks.will make it to the Senate floor, though with social justice reforms and criminal expungement language attached. Schumer made th...

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