The Pain Train

Canna stocks come for sale.

Daily Recap

Arizona cannabis sales pushed past $1B for 2023, Missouri expunged 100,000 cannabis-related offenses its first year of legalization and a Virginia Senator is confident that a bill legalizing cannabis sales will reach the governor’s desk.

Israeli cannabis patients are surging, French hospitals approved MMJ for pain relief, a landmark cannabis experiment will begin this week in the Netherlands and Colombia eliminated fines for drug possession as lawmakers push for a legalization vote.

Curaleaf announced the fulfilment of TSX listing conditions and will ring that bell on Thursday, TerrAscend CEO Ziad Ghanem spoke to the timing/ significance of reform and Etain will transition their NY medical dispensaries to adult-use by the summer.

But none of that really mattered today as all anyone wanted to talk about was the wild ride on Wall Street. Inquiring minds wanna know why U.S canna stocks suffered a 24-hour bear market and whether there were any fundamental shifts in the outlook.

We spent all day exploring those very things and share what we’ve found below.

SPY 0.00%↑ QQQ 0.00%↑ IWM 0.00%↑ MSOS 0.00%↑ PT Notional: $108M

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