What Is The Trump Factor? Justice Dept's Impact On Cannabis Rescheduling, Stocks And Investments
What Is The Trump Factor? Justice Dept's Impact On Cannabis Rescheduling, Stocks And Investments
Equity research firm Zuanic & Associates convened a panel in mid-June featuring industry experts to dissect the ongoing cannabis rescheduling efforts in the US. They provided a comprehensive outlook on the rescheduling process, expected to conclude with the publication of the Final Rule in the Federal Register by November 2024.
股权研究公司Zuanic&Associates于6月中旬召集了业内专家组织小组讨论美国大麻重新排期的努力。他们提供了有关重新排期过程的全面展望,预计将在2024年11月通过在联邦公报中发表《最终规则》的方式结束。
Despite market skepticism reflected in the MSOS ETF's (NYSE:MSOS) recent decline to $6.99—a 38% drop from its peak—Pablo Zuanic, Senior equity analyst Pablo Zuanic, sees the current market conditions as a buying opportunity.
尽管市场怀疑反映在MSOS交易所交易基金(NYSE:MSOS)的最近下跌中,从其峰值下跌38%至6.99美元,高级股权分析师Pablo Zuanic看到了当前市场条件作为买入机会的局面。
He noted, "Technical factors and the absence of immediate catalysts might limit short-term gains, but the fundamentals remain strong."
他指出,“技术因素和缺乏即时催化剂可能会限制短期获利,但基本面仍然强劲。”
The panel included Kelly Fair Partner at Dentons, David Culver SVP of Public Affairs at the US Cannabis Council, and John Sullivan EVP of Public Affairs at Cresco Labs (OTC:CRLBF).
该小组成员包括Dentons的合伙人Kelly Fair,美国大麻委员会公共事务高级副总裁David Culver和Cresco Labs(场外交易:CRLBF)的公共事务高执行副总裁John Sullivan。
Key Developments And Timeline
主要发展和时间表
The experts expressed confidence in the rescheduling process, anticipating the completion of necessary administrative steps before the upcoming election. The DEA's initial hesitance is expected to be overcome by new evidence during the public comment period.
专家们对重新排期的过程表现出信心,预计在即将到来的选举之前完成必要的行政步骤。美国缉毒局的最初犹豫将有望在公众评论期内被新的证据克服。
Additionally, the DOJ is likely to issue a memorandum to provide a safe harbor from enforcement for financial institutions, despite cannabis remaining federally illegal.
此外,尽管大麻仍然是联邦非法的,司法部可能会发布一份备忘录,为金融机构提供免责条款。
"The DOJ's upcoming actions are crucial for clarity and future regulatory frameworks," Zuanic wrote in a report.
“司法部即将采取的行动对于明确和未来的监管框架至关重要,”Zuanic在一份报告中写道。
The Trump Factor
特朗普的影响因素
The panel also discussed potential political influences, particularly regarding Donald Trump. They speculated on whether Trump might address cannabis rescheduling during the June 27 debate. If Trump wins the 2024 election, a Congressional Review Act (CRA) could be triggered if a member of Congress calls for a "resolution of disapproval."
该小组还讨论了潜在的政治影响,特别是特朗普。他们猜测特朗普是否会在6月27日的辩论中讨论大麻重新排期。如果特朗普赢得2024年的选举,如果国会议员呼吁“否决决议”,则可能会触发国会审查法案(Congressional Review Act)。
However, the panelists say it's unlikely that both chambers would agree to reverse the rescheduling rule via a majority vote. They noted that if Trump wanted to reverse the rescheduling, his Attorney General would need to initiate a new rescheduling review process, which could take about two years and would likely face significant legal and scientific challenges.
然而,小组成员表示,两院都不太可能同意通过多数票来反转重新排期规则。他们指出,如果特朗普想要逆转重新排期规则,他的司法部长需要启动新的重新排期审查进程,这可能需要约两年时间,且可能面临重大的法律和科学挑战。
Political Considerations And Future Projections
政治考虑和未来预测
The panel also discussed potential political influences on the rescheduling process, including the impact of the presidential election. They anticipate that any attempts to reverse rescheduling post-election would face significant legal and scientific challenges, rendering them unlikely to succeed.
这个小组还讨论了对重新排期过程的潜在政治影响,包括总统选举的影响。他们预计,任何试图在选举后撤销重新排期的尝试都将面临重大的法律和科学挑战,使它们不太可能成功。
As the deadline for hearing requests approaches on June 20, the cannabis industry is closely watching for the DEA's decision on whether to grant hearings. The outcome of these hearings, along with the subsequent administrative review and final publication of the rule, are poised to be pivotal moments for the sector.
随着6月20日听证请求截止日期的临近,大麻行业正在密切关注美国缉毒局是否决定授予听证会。这些听证会的结果以及随后的行政审查和最终规则的发布都有可能成为该行业的关键时刻。
Cannabis rescheduling seems to be right around the corner. Want to understand what this means for the future of the industry? Hear directly for top executives, investors, and policymakers at the 19th Benzinga Cannabis Capital Conference, coming to Chicago this Oct. 8-9. Get your tickets now before prices surge by following this link.
大麻重新分类似乎已经指日可待。想了解这对该行业未来的意义?那就直接向19届Benzinga大麻资本大会上的高管、投资者和政策制定者听取。该活动将于10月8日至9日在芝加哥举行。立即购票,避免价格飙涨,请关注此链接.
Photo by Clay Banks on Unsplash.
照片由Clay Banks提供的Unsplash。