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Senate Finance Committee, reintroduced a revised bill to decriminalize marijuana at the federal level and to remove it from the schedule of federal drug offenses. Congress should pass it for two reasons:
?While attitudes about marijuana use once presented a challenge, this is no longer the case. Most Americans support the legalization of recreational and medical marijuana. Recreational marijuana is now legal in 19 states, as well as Washington, D.C., and medical cannabis is legal in 37 states.. https://www.usatoday.com/in-depth/opinion/todaysdebate/2022/08/01/senate-democrats-cannabis-marijuana-pot-bill/10028524002/.
July has been a nice ride from 40 cents to 70. Ripley's believe it or not.
New document from Health Canada...
"REVIEW OF CANNABIDIOL":
July 2022
https://www.canada.ca/content/dam/hc-sc/documents/corporate/about-health-canada/public-engagement/external-advisory-bodies/health-products-containing-cannabis/report-cannabidiol-eng.pdf
House Passes Bipartisan Marijuana Research Bill, With Senate Expected To Send It To President Soon if Obama is capable YQU Understand Have Mercy WQLF Ahooooooo
https://www.marijuanamoment.net/house-debates-bipartisan-marijuana-research-bill-with-vote-expected-imminently-before-heading-to-the-senate/
Yep, CW making moves. It’s nominal competitor CVSI simply doing same old same old.
Yeah, like CVSI GOIBG 9 bucks to 3 cents and going lower.
CW is best in class and not changing.
Best in class! Cream of the crop! Head Honcho!
Shorts scrambling to cover had to pay up to get out positions. Others averaged up at highs of the day sending it back down. Action is all it is. CBD oil has a future here with this company. Other companies in space well go figure shorts will never cover.
The UK has rules setting example U.S. will follow.
(edit-is CWBHF is the only U.S. CBD company selling(or able to sell in Canada?). I'd love to know how we moved up so much on such little volume. Any ideas? I'm thankful either way.
I'm only allowed one post per day here, but would like to know if this article(featuring CW) explains it, or is there something else pushing us up today?...
"Is Canada (finally) going to allow CBD to be sold in mainstream retail?":
July 26, 2022
https://mjbizdaily.com/when-will-canada-allow-cbd-to-be-sold-in-mainstream-retail-stores/
well, adding to that... Big Pharma is adding funds to the swamp as we **speak**. Supplements , nutrition and Natural Remedies work and they are afraid of it.
"Congressional Lawmakers Will Hold Hearing On Hemp Next Week, Committee Announces":
July 21, 2022
https://www.marijuanamoment.net/congressional-lawmakers-will-hold-hearing-on-hemp-next-week-committee-announces/
"An Examination of the USDA Hemp Production Program":
Scheduled for Jul 28, 2022
IMO, the dirt bags in DC are in big pharma's pocket, and lack the motivation to save the pig from slaughter. If it isn't done by the end of Q3, CW could very well be out of cash, and just another footnote...BURN BABY BURN. The long hot summer Spacelady was referring to in another post, would be the heat from cash bonfire getting stoked by the Stonely Bros and their lack of physical financial responsibility to their shareholders...ADIOS BAG HOLDERS...M
I hope this will do it. If not CW, end everyone else, will continue to struggle in this sector. But this new bill may follow the rest and drag on for the next 5 years.
"Senate Bill To Federally Legalize Marijuana And Promote Social Equity Finally Filed By Schumer, Booker And Wyden":
July 21, 2022
THE WISE WQLF SAYS; Exactly Max. The Pps of CWBHF went up on low volume and will continue to climb back down on low volume like an itsy bitsy spider, while the shorts spin their webs to catch the low flying insects YQU Do Understand YQU Understand. Have Mercy WQLF Ahooooooo
Dr. Joong J Fang Said;
https://www.benzinga.com/markets/cannabis/22/02/25666281/neptunes-sprout-organics-enters-walmart-with-cocomelon-collaboration-launch-of-first-co-branded-
Wolfman Jack Says; CoComelon a NEPT collaboration YQU Understand Have Mercy Ahooooooo
Been traveling, but peaking in now and then. My brief glances show lower volume, but price swings. Proving to be a slow summer.
Stay cool in all this heat!
Zip: great post!
TIMBERRRRRRR, back down where it belongs. A fool and his / her money, isn't that right bag holders...Whatcha going to do with all that worthless paper...UP IN SMOKE...M
THE WISE WQLF SAYS; The itsy bitsy spider web stock is easy money for Shorts YQU Do Understand YQU Understand. Have Mercy WQLF Ahooooooo
WQLF Says; pharmaceuticals CV-007
https://global-uploads.webflow.com/596691afde3c5856d866ae50/60a435c1c6ae658ec90d0db3_Q221_US%20CBD_Mid-Year_Report-FINAL.pdf
Dr. Joong J Fang Says; The New Leader of the CBD Sector. Sorry Charlie
https://finance.yahoo.com/news/simply-better-brands-corp-purekana-120000312.html
Short all ya want is what I want ya to do, keep buying short all the way up past a buck or two averaging up all the way in denial thats what I want throwing more fuel on the fire causing a blaze back to five and old highs which will happen eventually cbd oil and flower being the real thing. There will be a merger of the Brothers before too long putting the two together.
Yep, another catalyst to consider.
Almost ready to short here.....easy money!! mark it!!
Awesome let’s see $5 again :)
People are liking the spider in here sub a buck, See ya in the promised land no science to that. Who else breaks even when north of that preverbal buck? The buck stops where? At the house of CV hahahahahaha earnings don't lie like rugs they tell the truth. 10 Aug is very soon.
Cool. There is no dilution at all here right now. It's a shame volume has been so low over the summer because this can move really easily right now. No ATM program. No convertible notes. No insiders selling. OS has effectively been the same all year at around 145mil shares. I'm not aware of any sources of dilution going forward either unless they decide to raise money at some point in the future.
As far as the Feds go, the MJ legalization bill is set to drop any day now. CW still has the acquisition option in place to acquire the Stanley Brothers marijuana company and is set to trigger upon legalization "or such earlier time as Stanley Brothers USA and Charlotte's Web may agree (the "Triggering Event") potentially including when otherwise permitted by the policies of the stock exchange on which the Company's securities are listed for trading. The common shares of Charlotte's Web continue to trade on the TSX in Canada and OTCQX in the US."
https://www.marijuanamoment.net/senate-schedules-marijuana-hearing-in-committee-chaired-by-cory-booker-with-legalization-bill-set-to-drop-any-day/
https://www.prnewswire.com/news-releases/charlottes-web-positions-to-enter-us-cannabis-wellness-market-301239203.html
https://www.stanleybrothers.com/our-brands
https://www.recreatecannabis.com/
https://www.stanleybrotherscannabis.com/
True! CW growing intl will ultimately cannibalize CV along with many others.
The F&B market wants proof of source for additives NOT junk sourced from who knows where or when. CW is one of only a few players with scale that can do it.
CVs 2500 sq footage of warehousing and manufacturing space no match for CW!
I’m still here , just need federal change :)
CW is so far ahead of CV it's ridiculous. I can't wait to see how the next couple Q reports compare between companies. Does CV do business in any of these countries below? How about China? Israel? U.K.? Canada?
CW making moves - PR tells story!
CV doing nothing! No one on that board can make a case to buy that symbol EOS!
Then why huge candle? Why is spider man doing great percentage wise so far today when others flounder and are not even qualified as fish to be fried into oblivion before getting there.
Higher volume the point. To take in both hands.
FDA Impact On CBD Market: With Federal Regulation, CBD Sales Would Hit $11B By 2027, Without It? $4.5B Less
8:00 am ET July 14, 2022 (Benzinga) Print
Cannabis research and data firm Brightfield Group released its latest report Thursday on the U.S. CBD market confirming that the CBD industry is highly dependent on Food and Drug Administration (FDA) regulations.
The new report estimates that if federal regulation happens by 2024, CBD sales would reach $11 billion by 2027. Without it? The market would hit $6.5 billion by 2027, meaning that federal law changes would make for a $4.5 billion difference. The $11 billion under new federal laws, would be mostly led by ingestible product sales growth, including capsules and gummies.
Furthermore, per the report, the U.S. hemp-derived CBD market is projected to reach $5.0 billion in retail sales in 2022.
While struggling without federal regulations, some CBD companies are finding alternative ways to get established in the space. One is by creating a name in a wider wellness space, which they achieve by developing and advertising non-CBD products and teaming up with other non-CBD-related businesses. This way, they're in a position to create a new customer base.
Key Takeaways
The top 5 CBD companies are the same as last year, with Charlotte’s Web (OTCQX: CWBHF) and Your CBD Store (SUNMED) being the first two.
Businesses that have experienced notable gains in the first quarter of the year include High Tide (NASDAQ: HITI) with NuLeaf Naturals, FAB CBD and HeavenlyRx/Simply Better Brands (OTCQB: PKANF) with PureKana.
Charlotte’s Web continues to hold the biggest portion of online CBD sales, while Your CBD Store (SunMed) and CBD American Shaman dominate in brick-and-mortar sales.
Topicals are expected to reach 41.5% of grocery CBD sales, followed by tinctures with 19.1%.
Senate Democrats to roll out weed decriminalization bill next week... https://thehill.com/policy/3559842-senate-democrats-to-roll-out-bill-aimed-at-decriminalizing-weed-next-week/amp/#aoh=16578636133430&referrer=https%3A%2F%2Fwww.google.com&_tf=From%20%251%24s
THE WISE WQLF SAYS ; No wonder the volume was higher for a three day period due to DILUTION DILUTION DILUTION YQU Understand Have Mercy WQLF Ahooooooo
Outstanding Shares
145,278,165
07/04/2022
Authorized Shares
Unlimited
07/07/2022
Outstanding Shares
145,450,846
07/07/2022
Jul 11, 2022 0.5050 0.5070 0.4600 0.4600 0.4600 83,800
Jul 08, 2022 0.4890 0.5180 0.4800 0.5070 0.5070 126,800
Jul 07, 2022 0.4700 0.5040 0.4260 0.4840 0.4840 106,200
Jul 06, 2022 0.4280 0.4780 0.4280 0.4700 0.4700 127,500
Jul 05, 2022 0.4550 0.5050 0.4550 0.4800 0.4800 83,100
THE WISE WQLF SAYS; Add another 172,000 Shares to the Unlimited Outstanding Shares YQU Understand. Have Mercy WQLF Ahooooooo
Authorized Shares
Unlimited
07/07/2022
Outstanding Shares
145,450,846
07/07/2022
Jiminy Cricket Said;
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