Capital Markets Price Overview:

Friday Market Review:

We now have eight TDR Indexes covering stocks and investments of interest to our readers. They assist us at TDR in tracking the market but, more importantly, save you, our reader, time, as this detailed information is not available elsewhere. We designed them to be unique and straightforward. So, here we go...

The TDR Crypto Index reported a 6.3% return last Friday, while the TDR Cannabis Integrated Index of producers was the Cannabis leader with a 4.0% return. Overall, the TDR Comprehensive Cannabis Index had a return of 2.2%. Conversely, the TDR US REIT Small and Micro Cap companies registered a minor decrease. This index includes our friends at NewLake and their competitors, as well as non-cannabis-focused small and microcap REITs in the USA for comparison. In the upcoming weeks, we will provide detailed information about our indexes, including their objectives and components.

This morning everything is looking to be in the green, check out this update on the TDR Website!

Cannabis Capital Markets Price Overview:

The leaders and laggards were as follows: Statehouse experienced a 40.3% increase, while Nova Cannabis was up by over 24%.

The under performers were Leef and Tilt, with losses of 13.5% and 8.1%, respectively, despite the broader cannabis market showing gains.

Let's examine the highlights from companies in the TDR Comprehensive Cannabis Index!

Vext Science (CSE: VEXT, OTC: VEXTF) announced the completion of its acquisition of the Strawberry Fields cannabis dispensary in Columbus, Ohio, as part of its strategy to strengthen its vertically integrated position in Ohio.

Grown Rogue (CSE: GRIN, OTC: GRUSF) has accelerated the expiry date of 23,270,249 common share purchase warrants issued in 2022 and 2023, potentially raising $4.6 million if all warrants are exercised

PharmaCielo (PCLO:CA, OTC: PCLOF) benefits from the Colombian government's extension of the THC product sale window from 24 to 48 months, aiding its inventory management and international sales growth, alongside announcing plans to issue shares to settle debts totaling $457,415.

A Technavio study projects the global marijuana market to reach USD 71.88 billion by 2027 with a 24.86% CAGR, driven by legalization, consumer trends, and a significant U.S. market share. Read all about it on the TDR Website!

Cannabis Policy Highlights from our Friends at Marijuana Moment:

1. Arizona's Senate Bill 1262, introduced by Senator Sonny Borrelli, seeks to address the predatory acquisition of social equity marijuana licenses by large corporations and investors, intending to return them to the marginalized communities they were meant to benefit.

2. Hawaii Senate committees have advanced a bill for legalizing marijuana, with a floor vote expected next week, amidst discussions on amendments and regulatory oversight.

3. Senator John Fetterman criticized President Biden's exclusion of military code-related marijuana possession offenses from federal pardons, advocating for cannabis to be regulated like alcohol.

4. A new study finds that marijuana consumers report significantly lower odds of cognitive decline, challenging previous assumptions about cannabis and cognitive health.

Cryptocurrency

Acceptance of Bitcoin ETFs at major securities firms is increasing; however, being listed on an exchange does not guarantee that your custodian will allow you to trade it: Bank of America's Merrill Lynch and Wells Fargo are now offering spot bitcoin ETFs to their wealth management clients, which continues to support the thesis.

Indonesia is considering revising its cryptocurrency taxation policy due to a 62% drop in tax revenue from crypto transactions in 2023, amidst challenges such as the rise of illegal exchanges and a ban on crypto payments for tourists in Bali.

AI

Elon Musk is suing OpenAI and its CEO, Sam Altman, alleging the company's partnership with Microsoft has diverted it from its original mission to develop AI for humanity's benefit, focusing instead on profit.

Mistral AI, a France-based startup, has launched a new large language model named Mistral Large, aiming to compete with leading AI systems and featuring multilingual capabilities and a chatbot interface, amidst significant funding and a strategic partnership with Microsoft.

umm, well, look at this chart, it doesn’t even compare themselves to GPT 4.5, in my view, they are really behind claiming they are better than GPT 3.5.

Big $$ Volume Big Caps

I know Boeing (BA) is not a big attention getter in our top 50 stocks, this was interesting, at least in my view: Malaysia considers renewing the search for the missing Malaysia Airlines flight MH370, ten years after its disappearance, following a new proposal from U.S. firm Ocean Infinity.

Yep, you know lawyers…..

Lawyers representing Tesla (TSLA) shareholders have requested $5.6 billion in company stock as legal fees after successfully arguing Elon Musk's pay package was illegal.

For Warner Bros. Discovery (WBD), "Dune 2" earned $81.5M, marking the biggest movie opening of the year. Frankly, I am so happy. I consider "Dune 1" more of a real-life psychedelic spiritual awakening documentary than an actual movie. I haven't had the chance yet, but I look forward to seeing Dune 2 with the family.

Look at these Chart | Trade To Black

Join TDR's Trade To Black Podcast, we dive deep into the latest movements and potential shifts in the cannabis industry. Dive into the latest stock setups in the cannabis industry, keeping you ahead of market trends and investment opportunities. Stay updated with the newest headlines affecting your portfolio. Plus, don't miss our "Drop the Mic" segment with Guap.

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Wiz says Shrooms as cool as hell!