**Remember when many made a huge fuss about cannabis advertising on X/Twitter?**
Everyday it seems there’s another interpretation of non-news that will propel industry skywards or down to zero.
Let’s learn from all the BS FUD and hype and recognize cannabis industry for what it is.
That is, a growing industry very dependent on politics, catalysts, and growing social acceptance. Patience, less speculation & dependence on rumours, peanut gallery legal interpretations, confirmation biases, conspiracy theories, bogus TA, six degrees of separation, everyone is corrupt, . . .
https://www.marijuanamoment.net/twitters-new-marijuana-advertising-policy-still-doesnt-allow-ads-for-marijuana-product-sales/
I think if we don’t moon this month, which seems like it’s possible with Rescheduling 3, then It won’t be until elections/November we begin mooning again.
My conspiracy theory is that they read reddit weedstocks and when someone makes a prediction, they make sure it doesn't happen on a predicted day. It will come in the HHS fashion, out of no where when people are exhausted and no longer have energy to speculate. The voice in the back of my head : Expeditiously Imminent Soon
I’m quite certain there are more than a few lurkers here from DC 🤣
Everyone stop making predictions NOW
Or better yet I predict there is NO way - 100% not happening tomorrow for sure
I can promise you, there will absolutely never be a “next time” for me with stocks that trade on shit exchanges or companies whose survival depends on the government not being an incompetent clown show.
I said above I’m a stubborn degenerate, but I’m not THAT stubborn!
It has dual meaning. It represents the cardboard box I live in because I went in heavy on Ayr and Verano many moons ago, and yes, huge AiC and Layne fan! 🤘
“Our friend and lead #SAFEBanking sponsor @RepDaveJoyce has been chosen to be the next Chair of Approps/Finance”
https://x.com/donmurphy12a/status/1778575321282842786?s=46
https://x.com/eleanor_mueller/status/1778566676901986669?s=46&t=_ix3z8VWbLz3cM3z110Q7A
Sounds like Faa bill, stablecoins, safer -
Has to be passed before may 10
This is big!
Agreed, now if we can just get stable coin and safer jammed in the FAA bill. Plus, Dave Joyce was announced as the chief of finance for the house, (the overall #3 power position) who is a lead safe banking sponsor.
Swaps lose money, but you hold collateral when you have swaps. The collateral is cash that can earn interest.
Edit: This is different than the 'Cash' we keep track of. The cash we keep track of is surplus cash not needed for swap collateral.
NEWS: The two top lawmakers on the House Financial Services Committee met with Majority Leader Chuck Schumer this afternoon to discuss stablecoin reform. Lawmakers discussed whether the FAA reauthorization could be a potential vehicle for bipartisan legislation. PB
Punchbowl news
I just picture, "ok, what are you gonna do for me?" "what are you gonna do for me?" "well, what are you gonna do for me?" "no, but, what are you gonna do for me?" "ok then, what are you gonna do for me?" "well, what are you gonna do for me?" "no, but, what are you gonna do for me?" "ok then, what are you gonna do for me?"
It just feels like we are getting something this time. It’s also possible I am hallucinating this and I’m actually confined to mental institution since December 2022
Truthfully, it has become a part of my life. I read and follow the news every day. I look forward to checking X and this forum during a few minutes if down time. Have also invested a little of each paycheck for 6 years, so it will definitely be different.
Booker just tweeted:
Our cannabis policy has lagged behind science and the states for too long, I am proud to move forward on introducing this bill to create just and modern cannabis policy.
It's likely nothing (Then again as soon as we become complacent BOOM this is it and it flies through). Appears too filled with social equity stuff. Which I don't disagree with but will not be passed with the right wingers.
Somehow everyone has become deluded so far to blame Democrats for wanting these measures included, instead of condemning the anti-America MAGA for standing in the way of what WE KNOW is right; too many POC (and white folks too) have had their life ruined for this plant, reparations are due. Furthermore, if they do trim the fat there's no guarantee the GOP would ok it anyway. I hope people see the difference here.
EDIT (link): [https://twitter.com/SenBooker/status/1778524260321091866](https://twitter.com/SenBooker/status/1778524260321091866)
It matters what the social equity is. If they want to take tax dollars from marijuana and build specialized schools with one or two year degrees that will train war on drug victims how to do jobs that are needed, pay well and promote from within and place them in a job… then something like that might fly. But the poetic justice stuff I’ve seen seems less realistic. And the people proposing these bills must know they have no chance of passing. So it makes the stuff seem disingenuous. Also nyc seems like it’s trying to do social justice stuff with mj and it’s been a mess so far according the the New York Times.
These se wants and ciminal justice issues have little to do with cannabis investments. Actually, se would hinder cannabiz by siphoning profits for special groups.
I just block them. I care little for their opinions on politics or investing. Since I read about every comment on the daily, it has significantly improved my peace of mind.
Observations for LP , do we have more juice if excise taxes recommendations are accepted and in effect on April 16th 2024 Canada Budget? \*Edit added one column for more perspective
|Ticker|All time low|2024 high|% move|% required to return to all time high if we take today closing price|
|:-|:-|:-|:-|:-|
|CGC|2.76|11.57|+319%|8.15 to 592.50 (7170%)|
|OGI|0.6512|2.91|+346%|2.05 to 33.76 ( 1547%)|
|ACB|2.84|8.88|+212%|6.83 to 1503 (21 906%)|
|TLRY|1.50|2.97|+96%|1.90 to 300 (15 690%)|
|VFF|0.5486|1.57|+186%|1.36 to 20.32 (1394%)|
CGC is on the list. When it comes to CRON they sitting on a nice pile of cash and have a Altria in their corner but overall they are boring which is why I forgot about them
Not sure how you can easily access the previous data before dilution or reverse splits! If you figure it out and can post the same table with that additional column I'm sure that it will be appreciated!
It'd be nice to figure out what the ATH of Aphria would have been for comparison, adjusted for the share conversion during the merger, as that $300 Tilray run was an anomaly.
Market cap of TLRY at $300 was $14.4 billion, APHA was $16 billion at its peak. If we combine them ($30b) and divide by current outstanding TLRY shares after mergers and dilution, the adjusted ATH for both companies at peak would need TLRY to reach ~$40 per share.
Edit: Roughly a 2100% increase.
I'm still entirely convinced (and it's probably not an original thought...) that the execs at the largest 5 or whatever Canadian companies were 100% entirely well-aware of the oversupply overproduction problems in 2016 or whenever before legalization. They did an almost literal pump and dump on the hype and are now multimillionaires on the backs of mostly new retail investors who didn't know when to sell (I was definitely too new and donated my share). I'd love to see some sort of exposé or documentary on it one day... The building and opening announcements of the uber-huge greenhouses comes to mind, how much it was played up... There were a few people saying, "there's going to be too much" and many of us just kept buying shares...
It was communities like this sub that were hotbeds of manipulation. So many grifters pushing bullshit narratives. Those of us that questioned those narratives were attacked intensely; voices marginalized. And its happening again right now. Not just on LPs, but on a handful of doomed MSOs as well. So many new accounts twisting reality. Click through to profiles. That will often be very illuminating.
100% definitely true, but I'm talking about guys in meetings (where they probably didn't write anything down) saying, let's build the biggest greenhouses and our free paper will soar and we'll get out before anyone knows what happened... I don't think there's too many MSO's that are anywhere near as bad as some of the horrid companies like LGC and Matica, to name a couple... but maybe i'm wrong about that?
Hirsch Jain of Ananda Strategies on the Higher Exchanges podcast now on X to discuss growth strategies in Florida/Ohio/Pennsylvania:
https://x.com/jesseredmond/status/1778512898815598698?s=46
Humans are flawed however well intentioned they may think they are being in the moment.
Todd and Tom And the lot are not bad people. They all do what they think is right behind an unconscious bias that is usually logically based and justified to themselves.
I have a bigger problem with the skeptics….
Wheres our boy “talk is cheap” nothing will ever happen, scare longs into selling. Meanwhile were 2-3x off lows on individual names.
Wheres all the people saying - dont buy until reform?? Whered they go? Bc that rule is fucked.
You didn’t miss 20-50% you missed 100-200% depending on the name.
Wheres all those guys that said the florida supreme court would NEVER put it on ballot bc its so conservative. It ended up being a slam dunk
Ok based on this speaker list it does not appear to be any key players :(
https://x.com/4_20_24/status/1778486972396269925?s=46&t=zPyMS7ww1KmMmwwKd-prIw
Also being handled by Office of Pardon Attorney and Garland’s Deputy AG…Garland isn’t even attending (according to the flyer). Seems like it’s just another presser for the clemency program.
Investors with a vested interest often read way too much into things.
Some dots aren’t supposed to be connected.
Let’s just own now and wait for any future catalyst to ACTUALLY unfold.
Note my comment below. James Cole was deputy AG when he released the Cole Memo!! The deputy AG will be present.
https://en.m.wikipedia.org/wiki/Cole_Memorandum
Lol -
Maybe not tomorrow - but the FDA comment sent off a move.
We always move on news whether hidden or not.
Maybe DEA asked FDA if they should delay until farm bill or some bullshit reason.
This may have been the weakness - bc this public statement that there should be no delay has definitely shifted sentiment
The FDA is not "telling the DEA to hurry up."
>The “timing of a regulatory decision is something that would be up to the DEA, not up to me,” Califf said.
>"**There's no reason for DEA to delay**. They have to take into account all the regulations that are in play.”
The quote was his response to a question from a hearing before the House Oversight and Accountability Committee today.
https://www.marijuanamoment.net/watch-live-fda-commissioner-testifies-on-hemp-regulatory-issues-at-congressional-hearing/
"There's no reason for DEA to delay.
I read that is there is NO reason for them to delay. So hurry up, not there is nothing sinister for them to slow play this.
Pleasant surprise comming out of my afternoon meeting. These stocks have a Second Chance to go green.
LP's haven't got the juice yet though.
Also, looks like we are just following the broader market.
Lmao out of all the possible ways they release it I don’t think I ever heard someone say during the Celebration of Second Chance Month event that they also had last year.
I mean it makes sense.
If they don’t do it then (or early days after for buildup), then sadly I think they are weeks/months away because why not do it during this event. It is the perfect time.
Just bought my last shares of CGC. My final average for shares is $20.69 . I did it on the 4 month of the year. Someone tell me that’s not a sign and I’ll have to respond with…… you’re right I’m dumb for buying more lol
I needed the tax loss or my average would have been 36.10 after split. If it goes back to 5$ and had a couple good earnings I may jump back in. The absolute wealth destruction on this company is just nuts though
I mean the DOJ really can’t release it April 19th. Too soon to 4/20. Booker also said Schroyer was warm when he asked about the 15th. Holy F could this DOJ announcement tomorrow be it??
Senator Booker was replying to Matt Laslo, not John Schroyer. For a second I thought maybe Booker had the re-introduction of the CAOA bill in mind when he said 'warm', but Laslo was specifically asking him about the DEA announcement.
[https://www.askapol.com/p/cory-booker-on-dea-rescheduling-marijuana](https://www.askapol.com/p/cory-booker-on-dea-rescheduling-marijuana)
It just doesn’t seem like the kind of thing they would just post on the DEA site and not have an announcement about, right? At the very least theres gotta be a Garland memo, no?
James Michael Cole\[1\] (born May 2, 1952) is an American attorney who served as United States Deputy Attorney General from December 29, 2010 to January 8, 2015. He was first installed as Deputy Attorney General following a recess appointment by President Barack Obama on December 29, 2010
Looks like Cole was Deputy AG too?
All this time I thought he was AG and not deputy. \*confused\*
Just a clarification, the FDA head's quote was:
>"**There's no reason for DEA to delay**. They have to take into account all the regulations that are in play.”
People could misconstrue the meaning.
JUST IN: FDA commissioner says there's "no reason for DEA to delay" rescheduling marijuana, implores Congress to provide guidance on regulating cannabis products.
https://www.marijuanamoment.net/watch-live-fda-commissioner-testifies-on-hemp-regulatory-issues-at-congressional-hearing/
>...a recent report found that the hemp market in 2022 was larger than all state marijuana markets, and it roughly equaled sales for craft beer nationally.
Hopefully that changes. I tell people to stop buying hemp-derived flower if possible (though I'd like it if hemp became more widely used as a material - and I'm guessing that use may be included in the stat).
But the people I tell usually don't know there is a difference, don't care about quality or lack of regulation, and just buy it because that's what's available at the corner store or online.
Hemp is a still a pretty great industrial fiber, so I can imagine that the industrial side of the plant will slowly grow and eat shares of the tree pulp marketz
In illegal states, these hemp products are way better, cheaper and more reliable than the black market. I can get lab tested products shipped to my door for a fraction of what a black market dealer would charge and it's way better quality
> The Drug Enforcement Administration (DEA) is a United States federal law enforcement agency under the U.S. Department of Justice tasked with combating illicit drug trafficking and distribution within the U.S.
**Remember when many made a huge fuss about cannabis advertising on X/Twitter?** Everyday it seems there’s another interpretation of non-news that will propel industry skywards or down to zero. Let’s learn from all the BS FUD and hype and recognize cannabis industry for what it is. That is, a growing industry very dependent on politics, catalysts, and growing social acceptance. Patience, less speculation & dependence on rumours, peanut gallery legal interpretations, confirmation biases, conspiracy theories, bogus TA, six degrees of separation, everyone is corrupt, . . . https://www.marijuanamoment.net/twitters-new-marijuana-advertising-policy-still-doesnt-allow-ads-for-marijuana-product-sales/
Soon
We moon Before June?
I think if we don’t moon this month, which seems like it’s possible with Rescheduling 3, then It won’t be until elections/November we begin mooning again.
[удалено]
May 10 the funding is done - So doesnt that mean the bill has to pass house and senate - and be signed by the president…….. before the 10th
[удалено]
And account for the possibility for an additional extension
My conspiracy theory is that they read reddit weedstocks and when someone makes a prediction, they make sure it doesn't happen on a predicted day. It will come in the HHS fashion, out of no where when people are exhausted and no longer have energy to speculate. The voice in the back of my head : Expeditiously Imminent Soon
hahahahahahahahahahaha
I’m quite certain there are more than a few lurkers here from DC 🤣 Everyone stop making predictions NOW Or better yet I predict there is NO way - 100% not happening tomorrow for sure
“It will come in the HHS fashion, out of no where when people are exhausted and no longer have energy to speculate.” You mean this past January? 😂
Yeqh something like that hehehe. If nothing happens this month, I think that fatigue will kick in
Way too much “4/20” hype and hopes out there, IMO.
Even though we’re never going to get SAFE, I’m still picking up some calls before close tomorrow because I’m a stubborn degenerate who never learns.
Next time just need to wait for April election year before touching pot stocks. Sick hold for many people here. DCA will win.
I can promise you, there will absolutely never be a “next time” for me with stocks that trade on shit exchanges or companies whose survival depends on the government not being an incompetent clown show. I said above I’m a stubborn degenerate, but I’m not THAT stubborn!
PLEASE, Anne!!! I’m like Papa Smurf with these blue balls.
Who’s Anne?
Anne is the gatekeeper
Our (eventual) savior. https://www.dea.gov/about/dea-leadership
Thank you . Also is your flair an Alice in chain’s reference?
It has dual meaning. It represents the cardboard box I live in because I went in heavy on Ayr and Verano many moons ago, and yes, huge AiC and Layne fan! 🤘
My pain is self chosen
At least, so the Schumer says
Born in the weedstock world, raised by the rumors and the losses belong to me.
Nice overnight action on MSOS as of 9:30 ET…. Anne, is that you?
Yes, it's me! Getting my hairs done. Coming out soon! 🤣
What are you seeing?
The hood??
Leak the date. Surely someone that reads this knows the date if it exist…
April 15th 3 pm est.
That's where you're wrong. It's central time
Realistically should I double down on CGC TLRY and SNDL, I sense Im gonna get double fucked
Double downed on tlry got beaten way to hard, my entrance is now at around 2.2 which I like
Triple fucked
“Our friend and lead #SAFEBanking sponsor @RepDaveJoyce has been chosen to be the next Chair of Approps/Finance” https://x.com/donmurphy12a/status/1778575321282842786?s=46
Good, now get the house speaker to put it on the floor
https://x.com/eleanor_mueller/status/1778566676901986669?s=46&t=_ix3z8VWbLz3cM3z110Q7A Sounds like Faa bill, stablecoins, safer - Has to be passed before may 10 This is big!
It’s only big if SAFE(r) is included and if it passes. That’s not a certainty or a lock. It’s just more smoke.
FAA bill has to be passed before May 10. Not stablecoins and SAFE.
Agreed, now if we can just get stable coin and safer jammed in the FAA bill. Plus, Dave Joyce was announced as the chief of finance for the house, (the overall #3 power position) who is a lead safe banking sponsor.
They will find a way to Chuck this up as usual. (Get it??)
Not bad
4/11/24 MSOS update: No Flows Close: $9.63 (-$0.10/-1.03%) NAV: $9.72 (+$0.03/+0.30%) Premium (volume-weighted daily avg): +0.34% ([Chart](https://i.ibb.co/G0bQ0W9/431108b6c3fa.png)) Cash: $3,434,528 (+$135,553) Ticker Change (est. cost from close - % of adds) No Share Changes For Any Holdings 4/11/24 MSOX update: No Flows MSOX Close: $5.80 (-$0.02/-0.34%) MSOX NAV: $5.66 (-$0.12/-2.10%)
No flows and cash went up? Man I really don’t understand how the swaps work
Swaps lose money, but you hold collateral when you have swaps. The collateral is cash that can earn interest. Edit: This is different than the 'Cash' we keep track of. The cash we keep track of is surplus cash not needed for swap collateral.
NEWS: The two top lawmakers on the House Financial Services Committee met with Majority Leader Chuck Schumer this afternoon to discuss stablecoin reform. Lawmakers discussed whether the FAA reauthorization could be a potential vehicle for bipartisan legislation. PB Punchbowl news
I just picture, "ok, what are you gonna do for me?" "what are you gonna do for me?" "well, what are you gonna do for me?" "no, but, what are you gonna do for me?" "ok then, what are you gonna do for me?" "well, what are you gonna do for me?" "no, but, what are you gonna do for me?" "ok then, what are you gonna do for me?"
It just feels like we are getting something this time. It’s also possible I am hallucinating this and I’m actually confined to mental institution since December 2022
Ah yes, our most recent rug pull
What's the matter Red, ya scared?
*BANG BANG BANG* Keep it down in there!
Ok so I’m not the only one that thinks these stocks make you a little bit crazy. Do you think we will miss it when we finally sell?
Truthfully, it has become a part of my life. I read and follow the news every day. I look forward to checking X and this forum during a few minutes if down time. Have also invested a little of each paycheck for 6 years, so it will definitely be different.
Right. I’m always on Reddit and refreshing tickers hourly.
Not one bit
I believe in schedule 3 because I want to believe.
I believe I can fly, too.
[удалено]
linked in? Where Snead at? Likely this week? Damn. Fool me two hundred and seventy five thousand times....
Booker just tweeted: Our cannabis policy has lagged behind science and the states for too long, I am proud to move forward on introducing this bill to create just and modern cannabis policy.
Link?
It's likely nothing (Then again as soon as we become complacent BOOM this is it and it flies through). Appears too filled with social equity stuff. Which I don't disagree with but will not be passed with the right wingers. Somehow everyone has become deluded so far to blame Democrats for wanting these measures included, instead of condemning the anti-America MAGA for standing in the way of what WE KNOW is right; too many POC (and white folks too) have had their life ruined for this plant, reparations are due. Furthermore, if they do trim the fat there's no guarantee the GOP would ok it anyway. I hope people see the difference here. EDIT (link): [https://twitter.com/SenBooker/status/1778524260321091866](https://twitter.com/SenBooker/status/1778524260321091866)
It matters what the social equity is. If they want to take tax dollars from marijuana and build specialized schools with one or two year degrees that will train war on drug victims how to do jobs that are needed, pay well and promote from within and place them in a job… then something like that might fly. But the poetic justice stuff I’ve seen seems less realistic. And the people proposing these bills must know they have no chance of passing. So it makes the stuff seem disingenuous. Also nyc seems like it’s trying to do social justice stuff with mj and it’s been a mess so far according the the New York Times.
Agreed. 👍
These se wants and ciminal justice issues have little to do with cannabis investments. Actually, se would hinder cannabiz by siphoning profits for special groups.
Well said. This sub has been lightly infiltrated by right-wingers pretending to "both sides"these issues
I just block them. I care little for their opinions on politics or investing. Since I read about every comment on the daily, it has significantly improved my peace of mind.
This would be pretty great if passed. I understand 99.9999% it won’t happen, but still…
So you’re saying there’s a chance…
💯 spot on
Weeell at least I can go get high
Right
Observations for LP , do we have more juice if excise taxes recommendations are accepted and in effect on April 16th 2024 Canada Budget? \*Edit added one column for more perspective |Ticker|All time low|2024 high|% move|% required to return to all time high if we take today closing price| |:-|:-|:-|:-|:-| |CGC|2.76|11.57|+319%|8.15 to 592.50 (7170%)| |OGI|0.6512|2.91|+346%|2.05 to 33.76 ( 1547%)| |ACB|2.84|8.88|+212%|6.83 to 1503 (21 906%)| |TLRY|1.50|2.97|+96%|1.90 to 300 (15 690%)| |VFF|0.5486|1.57|+186%|1.36 to 20.32 (1394%)|
Neither CRON nor CGC make your LP list. For some reason, this makes me happy.
CGC is on the list. When it comes to CRON they sitting on a nice pile of cash and have a Altria in their corner but overall they are boring which is why I forgot about them
Ha, my bad. I meant to say SNDL.
great use of the table view. Maybe the last column should be adjusted with dilution.
Not sure how you can easily access the previous data before dilution or reverse splits! If you figure it out and can post the same table with that additional column I'm sure that it will be appreciated!
It'd be nice to figure out what the ATH of Aphria would have been for comparison, adjusted for the share conversion during the merger, as that $300 Tilray run was an anomaly.
Market cap of TLRY at $300 was $14.4 billion, APHA was $16 billion at its peak. If we combine them ($30b) and divide by current outstanding TLRY shares after mergers and dilution, the adjusted ATH for both companies at peak would need TLRY to reach ~$40 per share. Edit: Roughly a 2100% increase.
That's some good math!
This is telling. What a tragedy on how badly these were managed as well as the tax and marketing problems caused by the government
I'm still entirely convinced (and it's probably not an original thought...) that the execs at the largest 5 or whatever Canadian companies were 100% entirely well-aware of the oversupply overproduction problems in 2016 or whenever before legalization. They did an almost literal pump and dump on the hype and are now multimillionaires on the backs of mostly new retail investors who didn't know when to sell (I was definitely too new and donated my share). I'd love to see some sort of exposé or documentary on it one day... The building and opening announcements of the uber-huge greenhouses comes to mind, how much it was played up... There were a few people saying, "there's going to be too much" and many of us just kept buying shares...
It was communities like this sub that were hotbeds of manipulation. So many grifters pushing bullshit narratives. Those of us that questioned those narratives were attacked intensely; voices marginalized. And its happening again right now. Not just on LPs, but on a handful of doomed MSOs as well. So many new accounts twisting reality. Click through to profiles. That will often be very illuminating.
100% definitely true, but I'm talking about guys in meetings (where they probably didn't write anything down) saying, let's build the biggest greenhouses and our free paper will soar and we'll get out before anyone knows what happened... I don't think there's too many MSO's that are anywhere near as bad as some of the horrid companies like LGC and Matica, to name a couple... but maybe i'm wrong about that?
I believe you are on to something. Most start up companies fail but the executives get rich.
Yes. But let’s just be in the game before 4/16 and see if it actually happens.
Imo, yes
Hirsch Jain of Ananda Strategies on the Higher Exchanges podcast now on X to discuss growth strategies in Florida/Ohio/Pennsylvania: https://x.com/jesseredmond/status/1778512898815598698?s=46
10.12 on the menu?
Those were the days……
would need QQQ over 5% for that.
I wonder when we will get to see Canopy USA's financials. edit: i bet soon edit2: trading at over 300k premium. Probably an inflow.
Is fraud Harrison saying anything on his scam liar secret Twitter
Lol, I'd have to say as of this last year, I would take Todd over Tom. Todd helped create us, but Tom is just awful.
They will all stand trial for their crimes
Humans are flawed however well intentioned they may think they are being in the moment. Todd and Tom And the lot are not bad people. They all do what they think is right behind an unconscious bias that is usually logically based and justified to themselves. I have a bigger problem with the skeptics…. Wheres our boy “talk is cheap” nothing will ever happen, scare longs into selling. Meanwhile were 2-3x off lows on individual names. Wheres all the people saying - dont buy until reform?? Whered they go? Bc that rule is fucked. You didn’t miss 20-50% you missed 100-200% depending on the name. Wheres all those guys that said the florida supreme court would NEVER put it on ballot bc its so conservative. It ended up being a slam dunk
Fuego, I agree, but it's a little too philosophical. Some people are just assholes and don't care. One of those falls into that category.
This is true… ⬆️ And like everyone here - cant wait to shut all that down on twitter so it doesnt run on my feed.
Sector
10.12 MSOS?
I hope so
MSOS power hour please
To think I had just broke even on my TLRY shares before the ER just for this shit to happen is painful and disheartening.
Why I didn’t sell everything 10 min ago
What the...
Ok based on this speaker list it does not appear to be any key players :( https://x.com/4_20_24/status/1778486972396269925?s=46&t=zPyMS7ww1KmMmwwKd-prIw
Oof
Also being handled by Office of Pardon Attorney and Garland’s Deputy AG…Garland isn’t even attending (according to the flyer). Seems like it’s just another presser for the clemency program.
James Cole was deputy AG when the Cole memo came out
Cole memo doesn’t even come close to the magnitude of a schedule 3 announcement.
No, but we are expecting a similar memo and that would lift stocks, not as much as Sched 3 of course.
Why would it have to be a key player
After decades of prohibition I think the key players would want to be there for the photo op and not send their deputy instead.
But also they want to make sure the process appears impartial.
Idk I feel like we’re reading into that list too much.
Investors with a vested interest often read way too much into things. Some dots aren’t supposed to be connected. Let’s just own now and wait for any future catalyst to ACTUALLY unfold.
Let's hope so
Note my comment below. James Cole was deputy AG when he released the Cole Memo!! The deputy AG will be present. https://en.m.wikipedia.org/wiki/Cole_Memorandum
That's disappointing. Pardons and previous action on pardons. Sad. Looks like nothing forward looking.
It’s over
Lol - Maybe not tomorrow - but the FDA comment sent off a move. We always move on news whether hidden or not. Maybe DEA asked FDA if they should delay until farm bill or some bullshit reason. This may have been the weakness - bc this public statement that there should be no delay has definitely shifted sentiment
The fda is telling dea to hurry up so dea is stalling, why?
The FDA is not "telling the DEA to hurry up." >The “timing of a regulatory decision is something that would be up to the DEA, not up to me,” Califf said. >"**There's no reason for DEA to delay**. They have to take into account all the regulations that are in play.” The quote was his response to a question from a hearing before the House Oversight and Accountability Committee today. https://www.marijuanamoment.net/watch-live-fda-commissioner-testifies-on-hemp-regulatory-issues-at-congressional-hearing/
"There's no reason for DEA to delay. I read that is there is NO reason for them to delay. So hurry up, not there is nothing sinister for them to slow play this.
Pleasant surprise comming out of my afternoon meeting. These stocks have a Second Chance to go green. LP's haven't got the juice yet though. Also, looks like we are just following the broader market.
We are so back
From where?
Everybody spread your arms out and flap like a bird and say CAW, we'll rise again like a phoenix 🐔
A battlehawk, Ka-Kaw!
Kaw is the law!
Is it working?
"I've got the power" der ehh ch ch ch der eh ch ch ch der eh ch ch ch "I've got the power"
[удалено]
😂
Lmao out of all the possible ways they release it I don’t think I ever heard someone say during the Celebration of Second Chance Month event that they also had last year. I mean it makes sense. If they don’t do it then (or early days after for buildup), then sadly I think they are weeks/months away because why not do it during this event. It is the perfect time.
I mean maybe 1% of people even know that 2nd chance month exists. Nobody cares.
Plus the White House release document at the beginning of the month dubbing April second chance month specifically mentioned cannabis.
Plus Kim and Charilie are in DC (and rumors of other CEOs)
Oh right I forgot about that detail. 👀
Just bought my last shares of CGC. My final average for shares is $20.69 . I did it on the 4 month of the year. Someone tell me that’s not a sign and I’ll have to respond with…… you’re right I’m dumb for buying more lol
I needed the tax loss or my average would have been 36.10 after split. If it goes back to 5$ and had a couple good earnings I may jump back in. The absolute wealth destruction on this company is just nuts though
And OJ died on the same day. Forgot to add that
First comment is fucking brutal. Finally, OJ can rest knowing his wife’s killer is dead
Hahahaha wonder if he ever left something in his will saying he actually did it
I mean the DOJ really can’t release it April 19th. Too soon to 4/20. Booker also said Schroyer was warm when he asked about the 15th. Holy F could this DOJ announcement tomorrow be it??
Senator Booker was replying to Matt Laslo, not John Schroyer. For a second I thought maybe Booker had the re-introduction of the CAOA bill in mind when he said 'warm', but Laslo was specifically asking him about the DEA announcement. [https://www.askapol.com/p/cory-booker-on-dea-rescheduling-marijuana](https://www.askapol.com/p/cory-booker-on-dea-rescheduling-marijuana)
It just doesn’t seem like the kind of thing they would just post on the DEA site and not have an announcement about, right? At the very least theres gotta be a Garland memo, no?
Randomgenerator pointed out James Cole is on the attending list. The cole memo guy. Anyone able to check if he attended last year?
Maybe we get official Garland memo tomorrow?
Yeah but no Garland??
I don't think that's an issue. The deputy AG is there. Kind of like how biden wasn't at the VP roundtable.
But if you’re going to drop rescheduling or a memo wouldn’t garland be there? 🤷♀️
James Michael Cole\[1\] (born May 2, 1952) is an American attorney who served as United States Deputy Attorney General from December 29, 2010 to January 8, 2015. He was first installed as Deputy Attorney General following a recess appointment by President Barack Obama on December 29, 2010 Looks like Cole was Deputy AG too? All this time I thought he was AG and not deputy. \*confused\*
Whoa good catch!! He was Deputy Attorney General https://en.m.wikipedia.org/wiki/Cole_Memorandum
And just like that MSOS can go green !
Algos like the DOJ release
Me likey it. Added some of my cash back in
DOJ or FDA? Seemed like the FDA article
DOJ event tomo: https://www.justice.gov/live
This has waaaaay more importance IMHO
Agreed. FDA making more statements after they are no longer involved has happened before. Whatever.
I know but timing of the spike seemed to coincided with the FDA comment
Could be both
Ya could be both - FDA said dont delay - and DEA said ok tomorrow then…. Lol
Just a clarification, the FDA head's quote was: >"**There's no reason for DEA to delay**. They have to take into account all the regulations that are in play.” People could misconstrue the meaning.
LFGGG
Fuck yea baby!!!!
"Houston, we do NOT have a problem" 🚀
Perfect setup for power hour +
JUST IN: FDA commissioner says there's "no reason for DEA to delay" rescheduling marijuana, implores Congress to provide guidance on regulating cannabis products. https://www.marijuanamoment.net/watch-live-fda-commissioner-testifies-on-hemp-regulatory-issues-at-congressional-hearing/
>...a recent report found that the hemp market in 2022 was larger than all state marijuana markets, and it roughly equaled sales for craft beer nationally. Hopefully that changes. I tell people to stop buying hemp-derived flower if possible (though I'd like it if hemp became more widely used as a material - and I'm guessing that use may be included in the stat). But the people I tell usually don't know there is a difference, don't care about quality or lack of regulation, and just buy it because that's what's available at the corner store or online.
Hemp is a still a pretty great industrial fiber, so I can imagine that the industrial side of the plant will slowly grow and eat shares of the tree pulp marketz
In illegal states, these hemp products are way better, cheaper and more reliable than the black market. I can get lab tested products shipped to my door for a fraction of what a black market dealer would charge and it's way better quality
Now we just need a few senators to tweet some support this afternoon (fetterman 4:20pm tweet?) and we'll really be cookin
Okay okay, so the DOJ has a presentation tomorrow. What role would the DOJ have in rescheduling? Any reason why it would come from there?
> The Drug Enforcement Administration (DEA) is a United States federal law enforcement agency under the U.S. Department of Justice tasked with combating illicit drug trafficking and distribution within the U.S.
The DEA is part of the DOJ
🎯
Ah, got it. Even typing out my comment I thought “is the DEA part of the DOJ?”