Cannabis News, Emily Paxhia, And The MJUS & MJ ETFs
It’s midweek, which means it’s time for our midweek TDR Trade To Black podcast. It might be time to take a look at long term trajectories as the health of the industry continues to improve and legislation is coming out fast and furious. So we’ll be taking a look at some of the headlines, and in today’s interview we have the pleasure of welcoming Emily Paxhia, co-founder and Managing Partner of Poseidon. We’ll also take a look at what’s going on with Bitcoin.
Jumping Into The Wire, Anthony Varrell and GUAP take a look at the movement of $BTC. Up approximately 10% over the last 5 trading days, and nearly 25% the last 30. What are some of the key announcements that seem to have happened to reverse the pullback on Bitcoin? We’ll break down what we think has been happening in the background.
Shifting to cannabis, we’re diving into the ongoing frustrations of two ETFs run by the same company: MJUS and MJ ETF. The past two days have left investors with a lot of questions. What direction are they taking? GUAP fills us in.
Our other top stories include: When it comes to VA adult use, the ball is in Governor Youngkin’s court now, as the bill is on his desk. South Carolina’s Senate passes a medical cannabis bill on the first attempt, marking a significant step forward for the state. Senators in Hawaii have given their nod to an adult use bill, setting the stage for a potential green revolution in the Aloha State. And NH, the Granite State, is on the brink of a decision as it votes on adopting adult-use cannabis. And Cybin reports third-quarter financial results and recent business highlights.
Don’t miss the interview portion where we focus on the recent buzz surrounding cannabis rescheduling and its far-reaching implications. Emily Paxhia, one of the most seasoned investors in the space, joins us.