Tim Seymour, portfolio manager of the$CNBS Amplify Seymour Cannabis ETF(NYSE: CNBS), is a key voice in the cannabis investment community.
With an insightful understanding of market dynamics, Seymour recently shared his views with Benzinga Cannabis on what truly drives growth in the cannabis industry, emphasizing the significance of state-level legalization over federal rescheduling.
The Real Catalysts: State-Level Legalization
According to Seymour while federal rescheduling of cannabis is a monumental step towards normalization, it is not the primary catalyst for industry growth.
"The real economy in the cannabis sector is driven by businesses that are actively selling...
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