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2024 Cannabis Investing Preview
Manage episode 393595851 series 3518505
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This week on Higher Exchanges the guys start by recapping the holiday break and how they were not surprised that we did not hear from the DEA. This transitions into a conversation about the "news" that the DEA is reviewing cannabis scheduling. While our listeners knew this, it was nice to see the uptick in attention by those following less closely.
The heart of the episode is about what we are looking forward to in 2024 and what catalysts may drive returns. The DEA's response is number one on the list, followed by potential adult-use flips in Florida, Pennsylvania, and Virginia. Ohio's rollout also made the list and a revised Farm Bill possibly clamping down on the thriving hemp-derived cannabinoid market.
The show concludes by sharing companies we are watching in 2023. Jesse shares his enthusiasm for California operator Leef Brands and Morgan covers why he thinks Ascend will have a strong 2024.
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