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AYR earnings discussed here (on the Dale's report, trade to black):
VWAP 2.56, uP on less than 1/3 average volume,
AYWWF warrants VWAP uP to 1.57 on less than 1/3 the average volume.
DEA rescheduling announcement made May 1st (4 days after Mercury went Direct...post-shadow final review period not over until May 15th, so maybe no final word until then & after 2:33 pm PDT),
SAFE may pass afterwards, and may be attached to a stablecoin bill with major GOP support,
Call for descheduling is reiterated.
Ohio approved to start rec mj sales in June, rather than September.
MJ bills to help Veterans being advanced for passage by Congress,
Proposal to end marijuana testing for military recruits,
CBD found to be a powerful treatment for crack cocaine disorder.
Schumer, Booker, & Wyden filed a legalization bill.
I expect prices to be mostly inclined toward the upside until mid-May (and beyond as Q1 was good).
Stock consolidating as we wait now on word from the OMB (nothing there on marijuana rescheduling since May 8th),
AYR earnings report today, and probably also the OMB approval unveiling after 2:33 pm PDT on the 15th...time will tell...
Exciting times for us!
For the earnings call in about 15 minutes:
https://event.choruscall.com/mediaframe/webcast.html?webcastid=snxeEUuh
VWAP 2.38, uP on less than 1/3 average volume,
AYWWF warrants VWAP uP to 1.45 on about 1/4 the average volume.
DEA rescheduling announcement made May 1st (4 days after Mercury went Direct...post-shadow final review period not over until May 15th, so maybe no final word until then & after),
SAFE may pass, and may be attached to a stablecoin bill with major GOP support,
Call for descheduling is reiterated.
Ohio approved to start rec mj sales in June, rather than September.
MJ bills to help Veterans being advanced for passage by Congress,
Proposal to end marijuana testing for military recruits,
CBD found to be a powerful treatment for crack cocaine disorder.
Schumer, Booker, & Wyden filed a legalization bill.
DEA head Anne Milgram says she can't comment on the rescheduling because the administrative rule making process is ONGOING.
Maybe it should be called the
D E l A y, lol.
I expect prices to be mostly inclined toward the upside until mid-May (and beyond if Q1 is good).
Stock consolidating as we wait now on word from the OMB (nothing there on marijuana rescheduling since May 8th),
1 day to AYR earnings report, and probably until the DEA proposal unveiling after 2:33 pm PDT on the 15th...time will tell...
Exciting times for us!
VWAP 2.35, uP on less than average volume,
AYWWF warrants VWAP uP to 1.44 on about 1/9 the average volume.
DEA rescheduling announcement made May 1st (4 days after Mercury went Direct...post-shadow final review period not over until May 15th, so maybe no final word until then & after),
SAFE may pass, and may be attached to a stablecoin bill with major GOP support,
Call for descheduling is reiterated.
Ohio approved to start rec mj sales in June, rather than September.
MJ bills to help Veterans being advanced for passage by Congress,
CBD found to be a powerful treatment for crack cocaine disorder.
Schumer, Booker, & Wyden filed a legalization bill.
DEA head Anne Milgram says she can't comment on the rescheduling because the administrative rule making process is ONGOING.
Maybe it should be called the
D E l A y, lol.
I expect prices to be mostly inclined toward the upside until mid-May (and beyond if Q1 is good).
Stock consolidating as we wait now on word from the OMB (nothing there on marijuana rescheduling since May 8th),
2 days to AYR earnings report, and probably until the DEA proposal unveiling after 2:33 pm PDT on the 15th...time will tell...
Exciting times for us!
Happy Mother's Day to all mothers!:
https://www.greenstate.com/perspective/a-salute-to-cannabis-moms/
Yes, it’s a little sorted, depending on who you listen to. There will be several approvals along the way. It goes like this, DEA starts the ball rolling by signing off on the marijuana possible rescheduling, then Attorney General Merrick Garland makes the recommendation to the White House, OMB reviews the proposal, shoots it back to the Justice Department, which will publish a proposed rule in the Federal Register. Then if all are on the same page there will be the comment period, it makes it past that there will be a DEA final ruling and then a 30 day before the change. I would expect several lawsuits from the states that could slow this all down. Anyway IMO.
VWAP 2.34, Down on less than average volume,
AYWWF warrants VWAP Down to 1.39 on about 1/3 the average volume.
DEA rescheduling announcement made May 1st (4 days after Mercury went Direct...post-shadow final review period not over until May 15th, so maybe no final word until then & after),
SAFE may pass, and may be attached to a stablecoin bill with major GOP support,
Call for descheduling is reiterated.
Ohio may start mj sales in June, rather than September.
MJ bills to help Veterans being advanced for passage by Congress,
CBD found to be a powerful treatment for crack cocaine disorder.
Schumer, Booker, & Wyden filed a legalization bill.
DEA head Anne Milgram says she can't comment on the rescheduling because the administrative rule making process is ONGOING.
Maybe it should be called the DElAy, lol.
I expect prices to be mostly inclined toward the upside until mid-May (and beyond if Q1 is good).
Stock consolidating as we wait now on word from the OMB (nothing there on marijuana rescheduling since May 8th),
5 days to AYR earnings report, and probably until the DEA proposal unveiling, imo...
Exciting times for us!
Happy weekend to all !
VWAP 2.43, Down on slightly over half the average volume,
AYWWF warrants VWAP even at 1.43 on 1/6 the average volume.
DEA rescheduling announcement made May 1st (4 days after Mercury went Direct...post-shadow final review period not over until May 15th, so maybe no final word until then & after),
SAFE may pass, maybe still able to be attached to FAA bill, and may also be attached to a stablecoin bill with major GOP support,
Call for descheduling is reiterated.
Ohio may start mj sales in June, rather than September.
MJ bills to help Veterans being advanced for passage by Congress,
CBD found to be a powerful treatment for crack cocaine disorder.
Schumer, Booker, & Wyden filed a legalization bill.
DEA head Anne Milgram says she can't comment on the rescheduling because the administrative rule making process is ONGOING.
I expect prices to be mostly inclined toward the upside until mid-May (and beyond if Q1 is good).
Stock consolidating as we wait now on word from the OMB (nothing there on marijuana rescheduling since May 8th),
6 days to AYR earnings report, and probably until the DEA proposal unveiling, imo...
Exciting times for us!
VWAP 2.47, Down on half the average volume,
AYWWF warrants VWAP uP to 1.43 on 1/10 the average volume.
DEA rescheduling announcement made May 1st (4 days after Mercury went Direct...post-shadow final review period not over until May 15th, so maybe no final word until then & after),
SAFE may pass, maybe still able to be attached to FAA bill, and may also be attached to a stablecoin bill with major GOP support,
Call for descheduling is reiterated.
Ohio may start mj sales in June, rather than September.
MJ bills to help Veterans being advanced for passage by Congress,
CBD found to be a powerful treatment for crack cocaine disorder.
Schumer, Booker, & Wyden filed a legalization bill.
DEA head Anne Milgram says she can't comment on the rescheduling because the administrative rule making process is ONGOING.
I expect prices to be mostly inclined toward the upside until mid-May (and beyond if Q1 is good).
Stock consolidating as we wait now on word from the OMB (nothing there on marijuana rescheduling since May 1st),
7 days to AYR earnings report, and probably until the DEA proposal unveiling, imo...
Exciting times for us!
Here's an example of 1 of many very recent applications by companies to supply the DEA with various controlled substances, this one being marihuana (with an h):
https://www.federalregister.gov/documents/2024/05/06/2024-09789/bulk-manufacturer-of-controlled-substances-application-bulk-manufacturer-of-marihuana-entheogen
and here's a list of the rest:
https://www.federalregister.gov/agencies/drug-enforcement-administration
"The next step in that process will be a notice of proposed rulemaking, and then an opportunity for public comment,” Milgram testified...
? I thought the next step was the OMB approval, but from her statement it appears as if she's assuming that approval is a done deal...just wondering?
FYI- from earlier today -- worth reading the whole thing - https://gazette.com/news/wex/dea-leader-anne-milgram-dodges-questions-on-biden-plan-to-deschedule-marijuana/article_10f2ce4e-4e72-550e-b332-42d866c37979.html
VWAP 2.58, Down on slightly less than average volume,
AYWWF warrants VWAP Down to 1.41 on less than average volume.
DEA rescheduling announcement made May 1st (4 days after Mercury went Direct...post-shadow final review period not over until May 15th),
SAFE may pass, maybe still able to be attached to FAA bill, and may also be attached to a stablecoin bill with major GOP support,
Call for descheduling is reiterated.
Ohio may start mj sales in June, rather than September.
MJ bills to help Veterans being advanced for passage by Congress,
CBD found to be a powerful treatment for crack cocaine disorder.
Schumer, Booker, & Wyden filed a legalization bill.
DEA head Anne Milgram says she can't comment on the rescheduling because the administrative rule making process is ONGOING.
I expect prices to be mostly inclined toward the upside until mid-May (and beyond if Q1 is good).
Stock consolidating as we wait now on word from the OMB (nothing there on marijuana rescheduling since May 1st),
8 days to AYR earnings report...
Exciting times for us!
Anne Milgram said she couldn't say anything about marijuana rescheduling because the rule making process is ONGOING.
Maybe some clarification comes tomorrow from Anne Milgram:
https://appropriations.house.gov/events/hearings/budget-hearing-fiscal-year-2025-request-drug-enforcement-administration
End of day price drop in cannabis stocks explained:
VWAP 2.75, uP on less than average volume,
AYWWF warrants VWAP Down to 1.59 on less than average volume.
DEA rescheduling announcement made May 1st (4 days after Mercury went Direct),
SAFE may pass, maybe still able to be attached to FAA bill, and may also be attached to a stablecoin bill with major GOP support (guessing some action today or tomorrowish),
Call for descheduling is made.
Ohio may start mj sales in June, rather than September.
MJ bills to help Veterans being advanced for passage by Congress,
CBD found to be a powerful treatment for crack cocaine disorder.
Schumer, Booker, & Wyden filed a legalization bill.
I expect prices to be mostly inclined toward the upside until mid-May (and beyond if Q1 is good).
Stock consolidating as we wait now on word from the OMB (nothing there on marijuana rescheduling since May 1st),
9 days to AYR earnings report...
Exciting times for us!
Some institutional buyers starting up.
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