Cannabis News and Industry Events
Find out the latest & greatest from Canna Advisors
Check out our latest cannabis industry news articles and announcements and see which cannabis events the Canna Advisors team will be hosting and attending.
7 Best Cannabis Stocks for 2022
U.S. News & World report covered growth expectations for the cannabis industry and what that might mean for stocks. They included Jay Czarkowski’s thoughts on Cresco Labs as an underrated stock.
Expectations of the MORE Act
VP of Marketing Lisa Jordan provided perspective to Newsweek about what the MORE Act passing the House for a second time could mean if it lands on President Biden’s desk:
“…she believes that Biden would sign the bill if it reached his desk because of the “growing” public sentiment across the country toward legalizing marijuana.”
“Signing the bill would be positive for the cannabis industry and serve as a unifying topic across party lines,” Jordan said. “Without a doubt taking the final step to remove federal prohibition on cannabis would make a noticeable improvement in his ratings.”
Canada’s Cannabis Industry Bracing for Competition
The Financial Post covered the impact that U.S. legalization could mean for the cannabis industry in Canada and reached out to Founding Partner Jay Czarkowski for his insights:
“Nothing changes overnight if the MORE Act is signed into law because cannabis will still be managed at the state level,” said Jay Czarkowski, founder of Canna Advisors, a Canadian cannabis business consultancy. “Longer term, we’ll see market dynamics of increased competition as those who have been reluctant to enter the industry jump in.”
How to Invest in Marijuana
Founding Partner Jay Czarkowski provided insights to U.S. News & World Report regarding investing in cannabis given the latest news on the MORE Act passing the House for a second time. The overall take is that “cannabis is a growth industry regardless of the progress on federal legalization.”
“Cannabis stocks overall have been trending down for the last year, and market caps are low,” says Jay Czarkowski, founding partner with Canna Advisors. “There is a tremendous upside for investors who get into cannabis now.”
Northeast: Next Hotbed for Cannabis Innovation
Founding Partner Jay Czarkowski spoke with host Pam Chmiel on The Mary Jane Society Podcast by Studio420 about our new office in Manhattan, the Pitch Deck competition, and overall thoughts on New York as the next hotbed for cannabis innovation.
New York Retailer Application Process
Founding Partner Jay Czarkowski was interviewed on Fox5 New York about New York’s announcement of the first 100 adult-use dispensary licenses going to social justice applicants. Jay explained what applicants should put forward to set themselves apart:
“Capital, property, local support,” Czarkowski said. “I can tell you this, that if it came down to two social groups, one of which had the support of a local mayor or city council and one that didn’t, the group that has secured the local support is going to have the leg up to get that license.”