In a special edition of our Trade To Black podcast, Ascend Wellness (OTC: AAWH.U) President Frank Perullo will join us to discuss the latest earnings from the cannabis company.
Highlights include $141.6 million in net revenue for Q3 2024, $25.1 million in Adjusted EBITDA, and an anticipated $30 million in annual savings through transformation initiatives.
Plus, we dive into recent news involving former New Jersey Governor Chris Christie, who believes President-elect Donald Trump will attempt to reclassify marijuana as a non-scheduled drug, effectively making it legal. This change could allow banks and other institutions more freedom to do business in the cannabis sector.
We’ll find out whether this claim is valid and how investors should interpret it.
#msos #cannabisstock #cannabis #trump #washington #presidenttrump #cannabisindustry #chrischristie
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