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NYSEArca - Nasdaq Real Time Price USD

Amplify Alternative Harvest ETF (MJ)

18.59

-1.07

(-5.44%)

At close: April 3 at 4:00:00 PM EDT

18.25

-0.34

(-1.83%)

After hours: April 3 at 7:50:31 PM EDT

New York cannabis sales set for $1.5B surge in 2025

New York’s cannabis market is poised for major growth in 2025, with sales expected to hit $1.5 billion and the number of legal marijuana shops more than doubling. Dan Ahrens, AdvisorShares Pure US Cannabis ETF portfolio manager, joins Market Domination to discuss how current political delays and market volatility have affected cannabis stock. "We keep expecting federal reform, we keep getting promised federal reform, and when we had this past election, these cannabis stocks took yet another hit because the investing public out there really thinks that the Republican Party is bad for cannabis," Ahrens explains. He notes the Democratic Party could have been good for cannabis but that "people in our space feel like we've just been gaslighted for the past four years by Democrats.” Ahrens still suggests 2025 could bring change, with cannabis potentially rescheduled as a Schedule III controlled substance, which would be a big positive for companies. To watch more expert insights and analysis on the latest market action, check out more Market Domination here. This post was written by Josh Lynch

Yahoo Finance Video 2 months ago

TLRY
-5.14%
CGC
-9.78%
MJ
-5.44%
Amplify ETFs Declares June Income Distributions for its ETFs

CHICAGO, June 27, 2024 (GLOBE NEWSWIRE) -- Amplify ETFs announces June income distributions for its ETFs. ETF NameTicker Amount per ShareEx-DateRecord DatePayable DateAmplify AI Powered Equity ETFAIEQ $0.055036/27/20246/27/20246/28/2024Amplify Travel Tech ETFAWAY $0.036176/27/20246/27/20246/28/2024Amplify Cash Flow Dividend Leaders ETFCOWS $0.057116/27/20246/27/20246/28/2024Amplify CWP Enhanced Dividend Income ETFDIVO $0.155566/27/20246/27/20246/28/2024Amplify Etho Climate Leadership U.S. ETFETH

GlobeNewswire 9 months ago

ISWN

MJ
-5.44%
IDVO
How cannabis stocks can win big with new policy changes

Cannabis legalization has been an issue on many ballots in the past decade, with several states opening up to recreational use legalization. US Vice President Kamala Harris called on the federal government to move "as quickly as possible" in terms of reclassifying cannabis from its current Schedule I classification. If any efforts are successful in doing so, what would the cannabis market look like and who would stand to benefit the most? Poseidon Co-Founder & Managing Partner Emily Paxhia joins Market Domination to give insight into potential new legislation around cannabis and what investors and consumers alike can expect moving forward. Paxhia outlines the current efforts to change cannabis legislation in the US: "Importantly with cannabis legalization, we have several efforts running down the field. There is the rescheduling efforts, and we are hoping to see something come out of that soon. There's also the continued and loud discussions around banking reform in the legislative branch but we've also introduced a path through the judicial branch working with Boies Schiller Flexner [LLP] to challenge the 2004-2005 case on Raich Vs Gonzales which about the Commerce Clause."She continues by affirming: "Interestingly things that are catalytic that change the volume of capital flowing into the industry are very top down. We hear from investors that are paying attention to these federal reform signals, but what we are also really interested in is the state-to-state catalysts that really actually open up the markets and improve the business fundamentals." For more expert insight and the latest market action, click here to watch this full episode of Market Domination. This post was written by Nicholas Jacobino

Yahoo Finance Video 11 months ago

MJ
-5.44%
TLRY
-5.14%
WEED
Budding Opportunities: 3 Emerging Cannabis Markets to Explore

Although the cannabis market globally may have missed investors’ expectations, with stocks not living up to their hype, I believe that emerging cannabis markets hold much promise. Many countries and U.S. states have recently legalized or decriminalized cannabis for medical or adult recreational use. This has opened up new consumer bases and allowed new businesses to enter the space. Compared to the more mature and saturated North American market, these emerging markets are still in the early sta

InvestorPlace 11 months ago

MJ
-5.44%
HMLSF
Tilray stock sinks after Q3 revenue miss

Shares of cannabis company Tilray Brands (TLRY) are sliding in Tuesday's pre-market trading and into the session open after reporting a fiscal third-quarter revenue miss. The cannabis-pharmaceutical stock, which is still regarded as a meme stock, has seen year-to-date gains of over 12%. Morning Brief Anchors Seana Smith and Jared Blikre monitor Tilray's stock, comparing it to the overall performance of the cannabis industry in 2024. For more expert insight and the latest market action, click here to watch this full episode of Morning Brief. Editor's note: This article was written by Luke Carberry Mogan.

Yahoo Finance Video 11 months ago

MJ
-5.44%
TLRY
-5.14%