Capital Markets Recap of Monday:

The TDR Comprehensive Cannabis Index increased by more than 5% on Monday, while the TDR Retail Cannabis Index rose by nearly 8.5%. All other indexes showed gains except for the TDR Crypto Index, which was down 4% on the day.

Capital Markets this Morning:

The futures are up and showing a little green, here is what is in focus globally for stocks:

• BOJ ends negative rates, yen at 34-year lows

• AI buzz lifts Alphabet, Nvidia

• Australia holds rates, confident on inflation

• Dollar rises, Fed meeting eyed

• Tesla up 6%, boosts S&P 500

Cannabis Capital Markets Price Overview:

The High Flyers yesterday were led by CordovaCanna which was up by just over 33%, and the Low Flyers were led by Statehouse, which was down over 17% on the day. Here are the charts of the High and Low Flyers:

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

1. TDR Research releases a 'Buy' rating for Tilray Brands (TSX: TLRY, NASDAQ: TLRY) with a detailed analysis on its financial performance and one year  target price of $3.28. Yesterday we  launched research on Auxly Cannabis and it is available for free for our Newsletter Subscribers.

2. LEEF (CSE: LEEF, OTC: LEEEF) launches Well-Kept CBD Infused Honey, integrating bee farming for environmental and wellness innovation.

Cannabis: News

1. Gov. Hochul orders a review of New York's cannabis licensing amid slow legal shop openings and rampant illegal stores. Read all about it on the TDR Website!

   

2. The majority of Canadians prefer legal cannabis for its safety and convenience, marking a significant shift in consumer behavior. Read all about it on the TDR Website!

   

Cannabis Policy: Highlights from our Friends at Marijuana Moment

1. Vice President Harris privately declared "we need to legalize marijuana" during a White House meeting on cannabis clemency.

2. A Colorado bill aims to require social media platforms to ban users promoting marijuana, psychedelics, and certain hemp products.

3. Recent incidents highlight the conflict between federal firearms restrictions and marijuana users, raising constitutional questions and calls for reform. convictions, potentially deterring program participation.

Psychedelic News:

1. Silo Pharma (Nasdaq: SILO) files for a patent on SP-26, a ketamine implant for fibromyalgia and chronic pain management.

2. The Maryland Senate approved a bill to form a task force studying the regulatory framework for psilocybin and DMT access.

3. Vermont Senate panel revises a psilocybin bill to focus on studying psychedelic-assisted therapy instead of legalization.

Crypto and Miners

1. Standard Chartered predicts Bitcoin will surge to $150k by the end of 2024, citing spot ETF inflows and the upcoming halving event.

2. Binance's user asset holdings have surpassed $100 billion, bolstered by rising digital asset prices and strong inflows.

3. The IMF requires Pakistan to tax crypto profits to secure a $3 billion bailout, amid negotiations involving broader tax measures.

4. Marathon (NASDAQ: MARA) boosts its Bitcoin mining operations with a renewable energy-focused, strategic acquisition in Texas. Read all about it on the TDR Website!

   

AI

1. Goldman Sachs' Chief Economist Jan Hatzius believes AI could benefit the US economy despite job destruction concerns.

2. Elon Musk's xAI has open-sourced its Grok large language model, allowing free access and modification under Apache 2.0 license.

Big $$ Volume Big Caps

1. Nvidia (Nasdaq: NVDA) introduces Blackwell, a faster AI processor with 208 billion transistors, set to power major data centers.

Micro and Small Cap REITS

1. BRT Apartments (NYSE: BRT) reports a 2023 net income of $3.9M and a Q4 net loss of $1.7M, alongside dividend and share repurchase activities.

Trade to Black Today at 4pm EST

On Today's TDR Trade To Black podcast, we interview Raj Grover, CEO of High Tide Inc. (Nasdaq: HITI / TSX.V: HITI). We dive deep into High Tide's recent earnings, strategic growth plans, and their outlook for 2024. Don't miss this in-depth discussion on the future of cannabis, High Tide's market-leading strategies, and the potential impacts of federal rescheduling in the U.S.

MSOS Monday Was Great Yesterday

In yesterday episode of TDR's Trade To Black podcast, we interview Charlie Bachtell, CEO and Director of Cresco Labs. We highlight the recently released earnings and discuss Cresco Labs' achievement of No. 1 market-share positions in Illinois, Pennsylvania, and Massachusetts. Massive opportunities lie ahead for Cresco Labs, and they seem primed to take full advantage. Find out why.

Trade to Black on Sunday!!!

On Sunday’s episode of the Trade To Black podcast, we talked all about the swirling rumors of rescheduling that are making waves in the market. We'll also recap the week's standout earnings stocks and dive deep into chart analysis with "Dan, The Chart Man" from @ChartGuys.