More than half of tested CBD coffees and teas had an inaccurate CBD level.
New Jersey Governor Phil Murphy tweeted “362,000 marijuana cases already expunged. Thousands more to come. With our new cannabis laws, we are turning the page on the failed War on Drugs and ensuring social justice here in New Jersey.”
Lots of news regarding Biden and the pace he's taking with the marijuana legalization, as well as translating that to the opioid crisis. More of a political scene today in the cannabis industry, and we'll see how this plays out over the remainder of the trading day.
See Also: Is The Biden Administration Going To Move On Cannabis Reform?
On Today's Episode we covered the following public companies:
Jushi Holdings Inc. (OTC:JUSHF) Halo Collective Inc (OTC:HCANF) Pharmacielo Ltd (OTC:PCLOF)
Hosted By: Elliot Lane
Follow Benzinga Cannabis On Social Media
Twitter YouTube LinkedIn
Access All The Cannabis Daily Episodes Here
NOT FINANCIAL ADVICE
The Information Contained on this Podcast is not intended as, and shall not be understood or construed as, financial advice.
Top 5 Financial Stocks To Invest In Right Now: Bank of South Carolina Corp.(BKSC)
Bank of South Carolina Corporation operates as the holding company for The Bank of South Carolina that provides commercial banking products and services to individuals, and small and medium-sized businesses in South Carolina. The company accepts a range of deposit products, which include checking accounts, negotiable order of withdrawal accounts, savings accounts, individual retirement accounts, and other time deposits, such as daily money market accounts and longer-term certificates of deposit. It also offers various commercial loans, including secured and unsecured loans for working capital, business expansion, and purchasing machinery and equipment; mortgage loans; industrial loans; real estate loans; loans to individuals for household, family, and other personal expenditures; and other loans, including overdrafts. In addition, the company provides Internet banking services, including online bill pay and remote deposit capture; credit cards; check card services; and saf e deposit boxes, letters of credit, travelers checks, direct deposit of payroll, social security and dividend payments, and automatic payment of insurance premiums and mortgage loans. Further, it offers a courier service and ACH origination service as part of its deposit services for commercial customers; and a portfolio of wealth management/trust, investment, and retirement services. The company has four banking house locations in Charleston, Summerville, and Mt. Pleasant, South Carolina. It serves customers in Berkeley, Charleston, and Dorchester counties. The company was founded in 1986 and is headquartered in Charleston, South Carolina.
- [By Stephan Byrd]
Media coverage about Bank of SC (NASDAQ:BKSC) has been trending neutral on Wednesday, according to InfoTrie Sentiment Analysis. The research firm scores the sentiment of news coverage by reviewing more than 6,000 news and blog sources in real time. The firm ranks coverage of companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Bank of SC earned a media sentiment score of 0.45 on their scale. InfoTrie also assigned media coverage about the bank an news buzz score of 2 out of 10, meaning that recent news coverage is very unlikely to have an impact on the company’s share price in the near term.
Top 5 Financial Stocks To Invest In Right Now: Upstart Holdings, Inc.(UPST)
Upstart Holdings, Inc. operates a cloud- based artificial intelligence (AI) lending platform. The company's platform aggregates consumer demand for loans and connects it to its network of the company's AI- enabled bank partners. Its platform connects consumers, banks, and institutional investors through a shared AI lending platform. Upstart Holdings, Inc. was incorporated in 2012 and is headquartered in San Mateo, California.
- [By Larry Ramer]
For example, Upstart (NASDAQ:UPST), whose AI platform focuses on enabling higher performing bank loans, has done quite well, generating a large amount of revenue and growing rapidly. Since the scope of Stem’s Athena is also narrow, I expect it to also continue growing rapidly.
- [By Thomas Niel]
Admittedly, SPRT stock has seen a considerable run-up due to the BTC price rebound. Even so, with its sky-high short interest (62.5% of float), popularity among traders, and the comeback potential of its soon-to-be underlying business? Consider this one of the “meme stocks” with the most potential.
Upstart (UPST) Source: Phonlamai Photo / Shutterstock.com
Up nearly 76% in a month, why do I like Upstart stock? Its off the charts run-up may make it look too chancy to dive into right now. But looking at its details, there’s merit to buying in now. Even as it appears to be topping out at around $201 per share. The AI-based lending platform has really started to see its operations take off this year.
Top 5 Financial Stocks To Invest In Right Now: BEAZLEY PLC(BZLYF)
Beazley plc provides risk insurance and reinsurance solutions in the United States, Europe, and internationally. Its Cyber & Executive Risk segment underwrites management liabilities, such as employment practices risks and directors and officers, cyber and technology, and media and business services. The company's Marine segment underwrites various marine classes, including hull, energy, cargo and specie, piracy, satellite, aviation, kidnap and ransom, and war risks. Its Market Facilities segment underwrites portfolios of businesses. The company's Political, Accident & Contingency segment underwrites terrorism, political violence, expropriation, and credit risks, as well as contingency and risks associated with contract frustration. This segment also underwrites life, health, personal accident, sports, and income protection risks. Its Property segment provides commercial and homeowners' insurance. The company's Reinsurance segment specializes in writing property catastrophe, property per risk, casualty clash, aggregate excess of loss, and pro-rata businesses. Its Specialty Lines segment underwrites a portfolio of businesses comprising architects and engineers, healthcare, lawyers and environmental liability, market facilities business, and international financial institutions. The company was founded in 1986 and is based in London, the United Kingdom.
- [By ]
Shares of Beazley plc (OTCMKTS:BZLYF) have been assigned a consensus recommendation of “Buy” from the thirteen ratings firms that are currently covering the firm, MarketBeat Ratings reports. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating and nine have assigned a buy rating to the company.
Top 5 Financial Stocks To Invest In Right Now: Mr. Cooper Group Inc.(COOP)
Mr. Cooper Group Inc. provides servicing, origination, and transaction-based services related to single-family residences in the United States. The company operates through three segments: Servicing, Originations, and Xome. The Servicing segment performs activities for underlying mortgages, including collecting and disbursing borrower payments, investor reporting, customer service, and modifying loans. The Originations segment originates residential mortgage loans through its direct-to-consumer channel, as well as originates and purchases loans from mortgage bankers and brokers. The Xome segment offers a range of real estate services, such as title, valuation, and field services to mortgage originators, mortgage and real estate investors, and mortgage servicers. This segment also operates an exchange that facilitates the management and selling of residential properties through its website, Xome.com. It operates primarily under the Mr. Cooper and Xome brands. The company was formerly known as WMIH Corp. and changed its name to Mr. Cooper Group Inc. in October 2018. Mr. Cooper Group Inc. is based in Coppell, Texas.
- [By ]
Entering the second quarter, MGY accounted for 1.4% of Cooperman's portfolio. Of the stocks remaining, the top 10 account for 56.7% of the investment manager's overall assets. Its largest holding at an 8.2% weighting is Alphabet, followed by home loan servicer Mr. Cooper Group (COOP) at 7.9% and blank-check company Athene Holding (ATHN) at 6.6%.
Top 5 Financial Stocks To Invest In Right Now: Central Federal Corporation(CFBK)
Central Federal Corporation operates as the holding company for CFBank that provides various financial services. It accepts various deposit products that include savings accounts, retail and business checking accounts, money market accounts, and certificates of deposit. The company?s loan portfolio comprises commercial, commercial real estate, and multi-family mortgage loans; single-family real estate loans; construction, land, and land development loans; and consumer loans, including home equity lines of credit, automobile loans, home improvement loans, and loans secured by deposits. It also provides online Internet banking, mobile banking, remote deposit, corporate cash management, and telephone banking services. Central Federal Corporation operates through four branch offices located in Summit, Columbiana, and Franklin Counties, Ohio. The company was formerly known as Grand Central Financial Corp. The company was founded in 1892 and is headquartered in Fairlawn, Ohio.< /p>
- [By Ethan Ryder]
TRADEMARK VIOLATION WARNING: “Central Federal Co. (CFBK) Director David L. Royer Acquires 5,000 Shares” was reported by Ticker Report and is owned by of Ticker Report. If you are reading this news story on another publication, it was copied illegally and republished in violation of international copyright law. The original version of this news story can be viewed at www.tickerreport.com/banking-finance/4216324/central-federal-co-cfbk-director-david-l-royer-acquires-5000-shares.html.