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- 📈 Kamala Acknowledges Rescheduling....... Finally 📈
📈 Kamala Acknowledges Rescheduling....... Finally 📈
GM Everyone,
Kamala finally gave rescheduling some love yesterday during a town hall with Charlamagne Tha God.
“There’s a certain level of bureaucracy that exists in the federal government that slows things down,” Harris said. “But essentially to bring down how weed is classified—how marijuana is classified, to make it classified as a lesser harm—that took some time. There’s a whole process around that, but that’s the work that we have done, in addition to work that we have done writ large on criminal justice reform.”
Doubt this is the last time we hear about this going into the election. Tick tock.
Today’s letter can be read in 6 minutes and 52 seconds.
💸 High Impact
Aurora Expands Global Footprint
Aurora Cannabis Inc. (NASDAQ: ACB, TSX: ACB) is sparking up excitement in the Australian medical cannabis market with an expanded line of premium cannabis oils, thanks to its collaboration with MedReleaf Australia. It appears they've decided that the land Down Under could use a little lift—or perhaps a calming touch—with a variety of cannabinoid ratios now available for physicians to prescribe. It's like offering a bespoke coffee menu but for medicinal needs.
The new product lineup reads like a connoisseur's wish list: Aurora THC 25 (Sativa) for those who fancy a daytime boost, Aurora THC 25 (Indica) for evening relaxation, and a mix of blends like Aurora 12.5:12.5, Aurora 50:50, and Aurora 10:100 oils—all neatly packaged in 30mL bottles. It's as if Aurora is saying, "Why settle for one size fits all when you can have options as diverse as Australia's wildlife?"
Andre Jerome, Executive Vice President of Global Business Development at Aurora, couldn't contain his enthusiasm: "We are thrilled to bring this enhanced range of cannabis oil products to the Australian market." Translation: they're eager to tap into a market hungry for personalized medical solutions—and maybe boost their revenues while they're at it.
Manufactured in Aurora's Canadian TGA and EU GMP certified facilities—which likely have more certifications than a gourmet restaurant—these oils promise high standards of quality and safety. They offer comprehensive cannabinoid profiles designed to provide targeted relief, much like a tailor-made suit but for your endocannabinoid system.
MedReleaf Australia sees this as a significant stride in expanding access to quality medical cannabis across the country. Doctors can now play mixologist, tailoring treatments with the precision of a Swiss watchmaker, enhancing patient care one drop at a time.
In a market increasingly favoring personalized medicine, Aurora's expanded oil range positions the company as a forward-thinking player ready to capitalize on Australia's growing acceptance of medical cannabis. Investors might want to keep an eye on how this strategic move not only elevates patient care but also potentially lifts Aurora's global footprint—and its bottom line. After all, in the world of cannabis, growth isn't just about plants; it's about seizing opportunities where the grass is greener.
📈 Dog Walkers
CLS Is Going Green - er.
CLS Holdings USA (OTCQB: CLSH) is taking a leaf out of Mother Nature's book—or perhaps rolling one—as it partners with AE Global's Talk Trash Initiative. Their Oasis Cannabis Dispensary is going green in more ways than one by introducing certified plastic-negative exit bags. For every bag used, twice the plastic is removed from the environment—talk about high returns! The initial rollout aims to eliminate over 9,000 lbs of plastic, with projections of over 27,000 lbs by 2025. That's like keeping a million plastic bottles from turning the ocean into their own personal swimming pool. CLS is proving that sustainability and profitability can coexist, making eco-conscious moves that could make even the most cynical investor smile.
No Material Changes For Bight Minds After 1000% Gain Session
It seems Bright Minds Biosciences Inc. (CSE: DRUG, NASDAQ: DRUG) is scratching its head alongside the rest of us over its stock's sudden adrenaline rush. At CIRO's request, the company assures everyone there's no hidden breakthrough or secret sauce cooking in the lab to justify the spike in market activity. Perhaps investors just couldn't resist the allure of a company literally trading under the ticker "DRUG." After all, who needs material changes when you have a ticker symbol that's pure market catnip?
Planet13 Expands In Florida
Planet 13 Holdings Inc. (CSE: PLTH) is lighting up the Sunshine State yet again with the grand opening of its 28th Florida dispensary—Planet 13 Port Orange—on October 19, 2024. Nestled just a seashell's throw from the beach and a quick spin from the Daytona International Speedway, this new location couldn't be more strategically placed if they tried. With Volusia County raking in over 10 million tourists and $5 billion in revenue last year, Planet 13 is clearly planting its flag where the grass is greener. As Co-CEO Larry Scheffler notes, Florida remains the cornerstone of their growth strategy. By offering online ordering and kicking off with a grand opening bash, they're not just selling cannabis—they're crafting an experience. Investors might want to keep an eye on this high-flying enterprise turning green into gold.
👾 Number Of The Day
$14.57 The average edible price in California over the last 90 days.
🗞️ The News
📺 YouTube
Kamala Harris Unveils Cannabis Reform Plan | Trade to Black
What we covered:
✅On our latest Trade To Black podcast we dive into the latest news involving Presidential candidate Kamala Harris’ announcement from yesterday where she unveiled her cannabis reform plan.
Dan Ahrens from AdvisorShares (NYSEARCA: MSOS) will join Anthony and Shadd on whether this announcement will gain momentum for cannabis stocks heading into the US Federal Election.
Plus we recap the Benzinga Cannabis Capital conference that took place in Chicago last week, and discuss the key takeaways and rumors that were circulating during the 3 day conference.