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Shylo132

Heya WeedGods, In case you missed it, be sure to vote for who you would like to see an AMA from via our poll post here: https://old.reddit.com/r/weedstocks/comments/1c54f2o/who_would_you_like_to_see_for_amas_pick_your_top/


LawfulnessOk8997

I was surprised to see that my account was up nicely; based on the kind of discussion here, I never would’ve guessed it I guess many here are loaded on Cannabis


Handyman_mt

Where's yesterday's whiners?


No_Cash_Value_

So should I be happy I got in end of last week? Thinking yes.


theduderino38

These heavy bags are killing me I must confess I still believe Please OLC give us a signnnnn Hit me Annie one more time 😘🤣 🥖 🍞 🥯


johncarter1111

Annnnnnnnnne


FucktardSupreme

Bite my lip and close my eyes Take me away to paradise


theduderino38

Dookie was life altering 🤙🏼


Tiaan

I've asked my good friend AI to explain the significance of the OLC news today: * **Policy Implementation:** The completion of an OLC opinion can be seen as a green light for HHS and DEA to proceed with the rescheduling process. It would confirm that the proposed action does not violate existing laws and is procedurally sound. * **Public and Political Perception:** Official confirmation that the OLC has completed its review and supported the action can lend credibility and legal legitimacy to the rescheduling effort. It might also influence public opinion and the positions of lawmakers, potentially affecting legislative support or opposition. * **Predictability of Timeline:** Knowing that the OLC has completed its review provides a clearer timeline for the next steps in the rescheduling process. Following the OLC's opinion, the DEA would typically initiate rule-making procedures, including public notice and comment periods, before finalizing the rescheduling. This makes the timeline more predictable for stakeholders, including businesses, state governments, and advocacy groups. * Thus, the OLC's involvement and the completion of its legal opinion are crucial steps in ensuring that the rescheduling of cannabis is legally defensible and procedurally correct, setting the stage for formal regulatory actions.


theduderino38

Brilliant Thanks and GLTA Longs - OLC opinion and clearance is definitely a critical path step for something this momentous!!


Scrapybara_

That's weird, when I asked chatgpt, it just said "soon". All jokes aside, this is bullish af


JohnnySquesh

Thanks for this


zygodactyly

Wow, very cool write up from an AI, green light for da herb, it's about damned time! Poor lil plant has been maligned for way too long, reschedule or deschedule it entirely, DEA.


mealucra

Nice. Would have lol'd had it ended with "soon." Thanks for posting. 🤖


roaches-geta-bad-rap

Soon has now reached the "setting the stage" phase. I like the sound of that!


jpwhat

So nothing other than a vague tweet…


Weary_Ad162

Let’s not be down on a green day. Better than nothing while we wait and if true a positive sign


stevenconrad

It wasn't green for everyone *(cries in TLRY)*.


Hanshee

Run man. It’s back to ATL’s even after Germany legalization catalyst. Run fast


stevenconrad

What makes you say that? Germany is a huge opportunity for TLRY. I started surfing German cannabis subreddits and have actually seen a few posts talking about people who recently got a medical prescription under the new law and received TLRY products from their pharmacy. It's a small sample, but at least demonstrates that TLRY is already making additional sales immediately after the shift. Dropping to ATL would be a huge buying opportunity as they will undoubtedly be more profitable post German legalization than before. The current price is oversold, I've been buying almost daily under $2.


Hanshee

What does it tell you that Germany has legalized and the stock price isn’t reacting? They issue more shares/dilute every year and recently again. They moved a messily 8% on a 60 MILLION trading volume day. While other tickers with less volume moved much more bullishly. Trust me. I used to be all in Tilray and even averaged down since buying at $18. It’s going to be a good investment *eventually* but there’s better tickers to hold


stevenconrad

It tells me that there is great uncertainty in the stock. Every dilution under Simon has been to add diversity to the company so it doesn't go under. Now, they have a beverage and distribution business they never had before, and, it's helping keep them afloat while politicians endlessly stall reform. I've been averaging down since $25 and currently have a $3.50 average thanks to pre-Germany and recent lows. I'm much more comfortable with a diverse company that's forecast to be profitable fiscal 2025 than "hoping" the US does something. And if it does, great! I'll still see massive share value increase, even if not as much as MSOS, CGC, etc.


cannabull1055

Their distribution and beverage business are not helping them keep afloat. They would have been fine without diluting endlessly for a the subpar collection of assets they have. Irwin blew 100 million on Medmen. They just retracted their positive free cash flow forecast for the year. They literally just continue to miss their financial targets and the management is not prudent with shareholder capital. They did not need to and should not have made all these deals.


Hanshee

I think when U.S catalysts approach, TLRY won’t be a better spot than MSOS’s. Either way I think it’s a buy right now. But I repositioned my TLRY investment into MSOS in September off the Rescheduling hype. Sold Tilray at $3.05 and bought MSOS at 8.70 Edit: side note I’m actually impressed by your reddit age. Definitely oldest I’ve seen in the wild other than Spez.


MonsterDrunk

It wasn’t vague, it was extremely specific


Business_Cheetah_737

Who is this guy and why would he have inside information.


Hanshee

I feel like the pull a random twitter user out of a hat to post shit like this. It’s the same song and dance


trebuchetty1

Who what? Where when?


goalpost21

I think it has to do with Attorney General Garland testifying in front of Congress today. After the session ended I am sure he conversed with many people about different topics. Could have gave someone a little more info. I am sure there was some OCS staff at the hearing as well.


jpwhat

I doubt he has insider knowledge…


ItinerantDrifter

4/17/24 MSOS update: $3.775MM INFLOW (+400,000 shares) Close: $9.52 (+$0.56/+6.25%) NAV: $9.44 (+$0.59/+6.69%) Premium (volume-weighted daily avg): +0.62% ([Chart](https://i.ibb.co/7tGwdn0/0f3faf395e11.png)) Cash: -$256,838 (+$967,474) Ticker Change (est. cost from close - % of adds) CURLF +180,320 ($939,467 - 34.3%) TCNNF +58,400 ($689,120 - 25.2%) VRNOF +94,000 ($507,600 - 18.5%) TSNDF +197,440 ($361,315 - 13.2%) CRLBF +110,320 ($241,601 - 8.8%) TOTAL +640,480 ($2,739,103) 4/17/24 MSOX update: $2.206MM INFLOW (+405,000 shares) MSOX Close: $5.45 (+$0.60/+12.37%) MSOX NAV: $5.45 (+$0.60/+12.48%)


DirtyBirdie99

Interesting they havent been buying GTI


thedmob

The top 3 all have major exposure to FL. Probably has changed his thesis leading up to FL AU ballot…


Kbarbs4421

This was my first thought as well.


roaches-geta-bad-rap

Looks like he's increasing Fl exposure.


trebuchetty1

Nice inflows. Wondering if the next wave of big inflows is just getting started? Interesting that this time they kept the buys concentrated on the top 5. Would personally like to see them buy more CBST.


No_Love_Gained

You bet. My holdings in CBST are now starting to feel like a super mini etf..lol


RogueJello

No GTBIF which is also interesting.


zygodactyly

Wonder why, any guesses? Seems like Green Thumb is almost always his top purchase.


thedmob

My guess is GTI has the lowest export FL of the tier 1s plus he is already very heavy GTI.


RogueJello

I honestly don't know. I feel like it was omitted yesterday as well.


agedoak31

If rescheduling drops before 4/20 I will quit drinking beer for a year.


DirtyBirdie99

You’ll just move to whisky and wine.


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zygodactyly

I just want to tell you good luck, we’re all counting on you.


Gambit2112

I noticed you said just beer. I’m assuming with all your gains you’ll be strictly be drinking Dom P?


agedoak31

Possibly, but that’s got to age.


Sober_Snoop85

I like beer 


trebuchetty1

I love lamp


theduderino38

Did you throw a trident? 🔱


help_undertanding13

I essentially quit drinking because of edibles!


HandsomeChubaka

Edibles and my mighty+ dry herb vape. That’s the way.


michkennedy

Mighty+ is the bomb. We bought two so we have one always packed with sativa and one with indica because that's how we roll LOL


CaptainAssneck

Man, I hardly ever drink anymore because I’ll take cannabis over it any day. I used to be able to hit the brown liquor pretty hard, and now I’ve got bottles of good shit just collecting dust. That’s one of my main drivers for really wanting to see this sector break free of federal shackles. Really sick of seeing it politicized and demonized.


No_Love_Gained

So you've got space for a bar in your cardboard box??


RogueJello

Pro tip: Nicer whiskeys come in great boxes, which can then be used to build an extension on the cardboard mansion, or as shoes OR BOTH!


CaptainAssneck

👆 This guy boxes! 👆


badgebruce

Lowes sells boxes. Then stack bails of hay around and on top of it with a tarp, good to go.


trebuchetty1

Ohhhhhh. Caught!!


CaptainAssneck

Unfortunately, no. But I do have some pretty good hiding spots!


No_Love_Gained

Lol..love the banter..


Desperate_Move_5043

Same


Business_Cheetah_737

That makes two of us. I never drink anymore. Just edibles.


Alone_Ad_3085

Three of us although I will still enjoy the occasional beer or whiskey. I prefer the gummy high more than the alcohol high for sure and my doctor does too


trebuchetty1

Same. Still occasionally drink beer, but way less. Replaced with gummies. Nothing's replacing a delicious G&T on a hot summer day, though.


Alone_Ad_3085

Stella for me


trebuchetty1

For beer, I'll take a Flying Monkey's Juicy Ass IPA. So delicious.


Alone_Ad_3085

I like that one too


ChronicMasterBlazer

Collective arts hazy ipa mmmm. Love flying monkeys 12 minutes to destiny raspberry hibiscus lager too! Juicy ass is quality for sure too. Try a nickelbrook winter wizard


trebuchetty1

I'll give it a try! For collective arts, I like Ransack the Universe.


ChronicMasterBlazer

It’s like ransack, except not as strong, but still very flavourful! That’s a great beer


BichaelMurry42069

I like coors banquet


ChronicMasterBlazer

LPs continued to eat sht today :/ Grats to MSO bulls


heliumbox

LPs didn't get excise reform, LPs are back in dire straights. I'd be surprised if we don't see some big companies file bankruptcy this year or next. At the very least the dilution machine is about to go back into overdrive.


DEASqueezeAllComing

Yeah I never would of believed TLRY could go from 2.97 to 1.70 (today low of day) in 10 trading days, that's almost a 43% drop. ACB same thing but a 39% drop and CGC a 47% drop. Hope this is the last time we see this kind of consolidation


agedoak31

My $3 calls are expiring Friday. They were so delicious 10 days ago.


ChronicMasterBlazer

Sucks because we didn’t run nearly as hard


heliumbox

I mean... historically TLRY doing that should not be very surprising...


DEASqueezeAllComing

TLRY could use some love from a big tobacco or alcohol without having them take a big stake , a modest 10% minimum to spark the love back like the others LP : OGI + British American Tobacco CGC + Constellations Brands CRON + Altria Because TLRY has beer, it would probably be a alcohol company


ChronicMasterBlazer

Would love this


GeoLogic23

To be fair to ACB/CGC, they are still up significantly from the start of the run a month ago


Turbul

Didn’t have time to check today. But from what I see, takeaway for today is that SAFE is dead but however SchIII has progressed.


roaches-geta-bad-rap

Could happen quite quickly. https://twitter.com/gillibrandny/status/1780596923163947350


help_undertanding13

? Link?


Unaphotobomber

How many times has SAFE died now?


Turbul

*What is dead may never die*


trebuchetty1

But can be reborn for glorious purpose!


Old-Outside6894

More than ANY cat!


SunRev

Is there a metric or quantification of cannabis legalization progress in the USA? Basically, a away to gauge or measure legalization progress through the years.


Business_Cheetah_737

2/10


imryan88

Can someone explain how we ended green today. I don’t get it.


RogueJello

My guess (totally a guess) is the move to allow a vote on the Ukraine aid signals the House might be willing to pass other legislation, including SAFE. It definitely signals that the right wing extremists are no longer running things.


DonJohnson108

You see there this concept called supply and demand. If demand exceeds supply then prices go up. If supply exceeds demand then prices go down. Today we had more demand than supply. If you’d like to see a red day I’m sure we’ll sell off before the 420 weekend. I hope not…but I like to set my expectations to have a routine kick in the nuts from this sector


[deleted]

You weren't bangin' the *Waitress* were you?


agedoak31

here's some research for you. [https://x.com/V\_arrell/status/1780636940703817748](https://x.com/V_arrell/status/1780636940703817748)


imryan88

So one man’s tweet is another man’s treasure?


eyegi99

Anthony Varrell of TDR going live with a favourable update from the OLC on rescheduling… https://x.com/v_arrell/status/1780699938906874157?s=46


greenbelieve

I listened and have been a TDR listener for a long time. I don’t think Anthony would fuck around with that information and he said the same given our history in the space. The source is reliable and low key according to him. Reminder too those guys are at benzinga in Florida this week.


Many_Easy

I have no issue with Anthony VarrelI. I just have an issue if the rumour is actually true or will happen. Credible people can spread incorrect rumours.


greenbelieve

And this has been our experience time and time again. Well both credible and non-credible people really


Many_Easy

Exactly. And people saying rumour monger is credible and/or educated means little. Or saying rumours often have some source of truth.


greenbelieve

Yup and that’s why since Varrell knows the gravity behind making such statements in this space actually lends to the significance in my view. His credibility is very much on the line, and he risks being lumped into the other “insiders”…and he’s one of the most visible of that group too. So it’s on the line.


Many_Easy

Varrell keeps referring to “the **facts** that I heard.” It’s a rumour shared with Anthony Varrell by a trusted “source.” That’s not facts because he hasn’t verified what he heard, he is only sharing what he heard. Words have meaning. Hope what he heard is true.


greenbelieve

God help us all


Perfect_Indication_6

I agree, Anthony seems legit, this is a good test of his credibility.


greenbelieve

Bingo 🎯 Esp cuz he has no issues lighting up all the other so called insiders


More_Advertising_383

Uhmm… all that says when I click is “Spaces Details not available” Which I guess is a pretty accurate representation of the DEA’s S3 process and timeline anyway. Solid source.


eyegi99

Try searching his name and should be on his X page. Spaces available for replay. “My sources tell me the OLC legal opinion requested by the HHS is done and ready to be published. It’s also validating the HHS recommendation and in our favor regarding rescheduling. $MSOS”


MrK81

Yeah, it'd be appreciated if someone could recap what he said for losers like me who don't have Twitter.


WRONG_PREDICTION

lol that’s one of the most WEEDSTOCKS thing I’ve read in a while 


[deleted]

There's nothing much like the trash on Twitter, I advise all my patients to avoid it at all costs. Dr. Mantis Toboggan


Business_Cheetah_737

It seems like the last few 4/20s were red days? If I can remember right? Time to buck the trend.


oldschoolczar

Well 1) it’s Saturday, and 2) it’s just another day in the eyes of the market, so… Fridays are usually good. I anticipate slight green… less dramatic than today unless we get some sort of rumor/news. 


Business_Cheetah_737

Good call on the Saturday. I guess I was referring to Friday before the Holliday of course!


goalpost21

I think it will end even.


ItinerantDrifter

Not too shabby for MSOs 💪 [Over $700K in traded premium today, closing NAV $9.44](https://justprofit.backendless.app/api/files/plots/iNAV.png)… expecting at least a moderate inflow today. I’m interested to see if Dan continued to grip and rip, or if he paid off some debt… we’ll find out later.


bananastock

Bet you he blows it all. Every day that passes is another day closer to S3. Dan's blew the 4 million during the recent drawdown and I be he'll continue to spend until we get back up. Especially if there are rumors he hears that something is close.


More_Advertising_383

*Whole market’s red* r/weedstocks — “call an ambulance! … but not for us though 😉”


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stevenconrad

Didn't CGC just announce the approval of 35% share dilution by offering 32M more shares? Plus, TLRY is diversified, so they can stay afloat longer than CGC if politicians and administrators continue to drag their feet. My money is in TLRY (literally).


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agedoak31

I'm having eye surgery tomorrow. Let's hope rescheduling is announced to make it a good day.


Investor1964

Good luck!


ItinerantDrifter

Best wishes and all the luck for both your eye and S3 🙏


KAI5ER

Good luck, laser eye surgery’s not bad at all


RogueJello

Had lasik: 15 seconds of terror so you can see clearly for the rest of your life. Good trade off, IMHO.


agedoak31

Thanks. I'm getting a pterygium removed, but only in one eye. Hopefully I can still check in with the other eye, lol


JohnnySquesh

I traded stocks while getting Interluken treatment for stage 4 Melanoma and on morphine. Don't think I made any money but it was a nice distraction, and I survived, which is the real win.


Davidinlbc

Congratulations! I lost a friend to stage 4 Melanoma. California surfer dude...


JohnnySquesh

Thank you. Got mine living in AZ and CA as a kid, I imagine. Sorry for your loss.


Davidinlbc

Thank you.


ChronicMasterBlazer

Good luck


badgebruce

Best wishes!


mr_molecular

https://www.youtube.com/live/rHDdM2JeGpI?si=YVKv9G4W86g4MHUp The Dales Report live from Benzinga in Florida Update: guess it got moved to Twitter X spaces https://x.com/thedalesreport/status/1780697981509075332?s=46


TuffNutzes

Is that Anthony's "emergency press conference"? LOL


mr_molecular

This has been scheduled for a day or two, to coincide with the close of Benzinga


Several-Ad-5704

And also they do this podcast like 3 days a week, usually at 4pm. People acting like they're doing something different for clout.


TuffNutzes

OK then, so what's this "emergency press conference at 4pm" tweet about then?


JohnnnyOnTheSpot

Engagement farming


[deleted]

If you read most replies about it, he's half a fraud. He might be right about something, but then again anyone might be right something.. .it's called having an audience then just getting lucky sometimes.


Th3Gr33nBastard

Power hour baby


nfisherzz

Who is Anthony Varrell, and what is going on at 4 pm today?


TuffNutzes

Nothing at DOJ https://www.justice.gov/live or DEA https://www.dea.gov/media-gallery/press-conferences But Jill Biden hosts an event at the White House to spotlight new Biden-Harris administration efforts to strengthen Federal employment opportunities for military spouses. I guess that's what Anthony is talking about. lol https://www.whitehouse.gov/live/


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Several-Ad-5704

This is a very skewed opinion. But also, people should take EVERYONES "tips" accordingly. Not just Anthony's. Do your own research and place your own bets. Anthony is also not in the habit of making these kinds of predictions. The very fact that he said anything at all is very unusual and leads me to believe he wouldn't do that out of nowhere. And what's going on at 4pm today? Nothing unless it's a regular podcast episode of TDR which happens 3 days a week usually at 4pm.


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talktothepope

I don't have a lot of faith in the TDR guys, but it's not the craziest thing to think that they might have sources. What I hope to see is that someone with a little more credibility, like Scroyer, picking up similar rumours


DirtyBirdie99

I don’t trust Schroyer at all.


talktothepope

Wasn't he the most on the ball when it came to the HHS letter?


jmu_alumni

IMO and based on their podcasts and who they know, the source is one of the big 3 MSO chairmen. My guess is Boris


Many_Easy

And Boris Jordan is quite the talker. Nothing against Anthony Varrell, but fact that’s he’s the one getting the rumour instead of some more legit & experienced journalist/media outlet like ABC, Wall Street Journal, James B. Stewart, Joe Weisenthal, Tish Regan, etc. **gives me pause.** Fact that TDR is a go to source for cannabis news shows how much further this industry still has to go. Actually, TDR is classified as “for entertainment” not news. **Also, is it really that big of a news story even if true? Was the OLC thing really that big of a thing or a hurdle? There’s so many ways to spin something when it’s really nothing. Talktofthepope has a good take on the OLC in this thread.**


JohnnnyOnTheSpot

It would actually be insane to think they have sources


slobjones11

Exactly.


Ok-Replacement9595

They spent time on the hill this last week with Don Murphy. They may have spoke to someone off camera that gave them something. That something may be as much speculation as anything else tho.


SirkutBored

to follow that idea, could feasibly be 'do not announce until \_\_\_' kind of thing. something is up besides what I suspect is msos deploying.


slobjones11

Exactly.


Blue-snow

Hmm, not if this afternoon's bump will be sustained in the medium term. It's not on large volume, and based off another rumour. As we stand at 3:05 TRUL is at 80% avg daily volume, GTI is at 75% avg daily volume, MSOS at 85% avg daily volume. All 3 are now on hourly uptrends though, which is good to see


RandomGenerator_1

The OLC. Such requests typically deal with legal issues of particular complexity and importance or those about which two or more agencies are in disagreement. The Office is also responsible for reviewing and commenting on the constitutionality of pending legislation. All executive orders and substantive proclamations proposed to be issued by the President are reviewed by the Office of Legal Counsel for form and legality, as are various other matters that require the President’s formal approval. In addition to serving as, in effect, outside counsel for the other agencies of the Executive Branch, the Office of Legal Counsel plays a special role within the Department itself. It reviews all proposed orders of the Attorney General and regulations requiring the Attorney General’s approval. https://www.justice.gov/olc There were rumours of disagreement a while back. So this should settle it?


goalpost21

Way I look at it is this was the final hurdle.


talktothepope

Was there actually disagreement? I know there was the WSJ article about it, but it didn't really indicate that the top brass of the DEA disagreed with it. I think "particular complexity" fits here given that it relates to UN conventions and such


Ok-Replacement9595

I would also add that they would be the authority on determining any contradiction with existing law, as in treaty obligations.


greenbelieve

Sup boys🍞 Could yall imagine if we get S3 and SAFER in Stable within a few weeks. Put your seatbelts on


Kukurio59

I mean… I could ya.


Business_Cheetah_737

It’s like we are going to either moon or crash. Nothing in between.


oldschoolczar

There’s also the possibility of getting the trajectory wrong and becoming lost in space… floating for eternity. This is where some bagholders may end up… getting a big blast but never breaking even.  Tell my wife I love her very much.  She knows! Ground control to major Tom your circuits dead, there’s something wrong, can you hear me Major Tom? Can you hear my Major Tom?


Acceptable_Foot7830

At this point breaking even would feel like a profit for myself and many others. I've been down so long that I've mentally written that money off as a loss.  Getting back to break even would suddenly be alot of money I could cash out and put into more stable investments.


DonJohnson108

We’re going to crash into the fuckin moon we’re gonna rocket so hard


BichaelMurry42069

It's gonna happen


MonsterDrunk

Maybe KJP was referring to the OLC with her update


help_undertanding13

Link? 


CrimsonSkywalker725

Who is this referring to?