Fireside Chat with Jesse Redmond
Please join us on Wednesday, September 20, 2023, at 1:00 pm ET for a conversation about the rapidly evolving cannabis investing landscape with Jesse Redmond, Head of Cannabis, and Tim Regan, Head of Business Development, both from Water Tower Research. Cannabis is a state-led growth story with a series of hard-to-time political catalysts, and we are seeing rapid changes on both fronts. After a 931-day and 91% drawdown, cannabis stocks may have bottomed on August 30 after the Department of Health and Human Services recommended cannabis be moved from Schedule I to Schedule III. Coupled with the SAFE Banking progressing through the Senate and several key states potentially moving to adult-use in 2024, it’s an exciting time in the cannabis space. Topics will include: Implications and timelines for the potential move to Schedule III. How SAFE Banking is a welcome, but less necessary, complement to rescheduling. An update on Maryland sales and which states may move to adult-use sales next. Understanding which stocks have gone up the most and why. Register for the event here Water Tower Research is modernizing Investor Relations through research-driven communications and Investor Engagement. Sound investment research begins with good information. At WTR, we help companies and investors connect by creating expert information flow and strategies that are the foundation of a successful modern investor relations platform. Our analysts and capital markets professionals bring decades of unrivaled Wall Street experience and insight to a new digital world of investor communications and engagement. Our research and investor content is distributed across traditional research aggregators like Bloomberg, FactSet, etc. proprietary direct distribution lists, social media, search engines, and our website. As a result, every institutional and retail investor has equal access to our high-quality company research. Our mission is to help companies take control of their IR program and proactively reach investors while bringing investors a consistent flow of quality information to help them understand our clients’ businesses, industries, and the investment opportunities they present. MiFID II is a legislative framework instituted by the European Union (EU). One of its directives concerns the unbundling of payments for equity research from execution. Because Water Tower Research’s research materials are paid for by issuers and are publicly available and/or offered generally to investment firms and others free of charge, we believe that such information constitutes a “non-monetary benefit” that is not subject to the requirements of MiFID II.