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https://newsbudz.com/cannabis-business-times/317121/reps-mace-lee-introduce-resolution-instructing-un-to/
Maybe legal much sooner than we think.
It'll have some upward movement closer we get toward April and when some bills come up for vote. You know 4/20 happens EVERY year
https://www.marijuanamoment.net/gop-congresswoman-says-her-marijuana-legalization-bill-will-get-a-hearing-in-democratic-controlled-congress/
the question is will curlf pps trade sideways or bounce back up to 50 day MA = $7.47
fed rate hikes and geo-political problems overseas may force this sideways near term???
end of day rally is bullish near term
We've been 'tankin for 6 months. Anyone? know why?
I will tell you what it is straight up.. IN short..
ITS the affiliation with American Green.
Look at Curaleafs stock year ag and now..
The announcement August 25th , that AG kept announcing the partnership .
100's of times, all over the internet.
Who ever got bamboozeld by the slick PR guy to do business with them should be fired..
IMO THATS why Curaleaf has been bombing and involvement with American Green is hurting them...
American investors were hesitant and they showboated stile the light from the entire industry got 10's if thousands if investors to buy into the excitement of weed town usa and was all lies .
in 3 years they did 4 name changes and 4 runs and the world git a bad taste and surely some if Cura's investors list thousands on American greed. it's bad for the cura brand being associated with 1 of the top 5 biggest scam companies in he industry
Dont forget they brag of having 50k unique investors, 45k that got burned.
NOt all brokers count all the individual investors and guarantee Cura has more then that.. everything abut AG is shady and pros at manipulating numbers.. and now there trying to poach investors from a successful company being associated , riding the coat tails of the best company out there..
More like amateurs don't know how to add more when IT'S at/near bottom. Guess what, IT'S TIME! may or may not be at the bottom. But, it is DEFINITELY time to add. Or could just sit on the sidelines and say, "I should have"...
Yeah some people don’t know how to hodl all the way down.
I am an investor too (vs. trader) but I dumped all my CURLF on 3/3/21 at an intraday $17.34 per share, and haven't regretted it for a moment. I might get back in at some point, but probably not until this Ukraine mess stops messing with the markets.
And yet certain geo-political activities are occurring overseas and USA MJ legislation have not passed. Nor has MJ been re-scheduled with FDA
And here PPS is where it’s at.
CORRECTION: OVER 4X in assests
740m eoy 2019
https://www.otcmarkets.com/otcapi/company/financial-report/245452/content
3.2b eoy 2021
https://ir.curaleaf.com/2022-03-03-Curaleaf-Reports-Fourth-Quarter-and-Fiscal-Year-End-2021-Results
That's funny. The world was supposed to end and everyone was gonna die from covid back then as well...It shot right back up past $6 in couple months then and they have over 2x the amount assests now.
well 2 year low is ~$2.90
NOT planing to sell anytime soon. This is one of those ones you hold as an investment, NOT trade. Might NEVER be able to buy back at same price once it begins to fly away, could be gone.
You would be fine taking a 40% loss to gain 30% on news??
Sure. But, not at this sp and not because of 1 or 2 days. Especially with all the catalyst coming to this industry. Their assets are probably higher than the MC...HOLDING AND LOADING!!!
I'm not trying to play a game of catch falling knife with this one. NO way it's gonna stay down for long. Bargin basement discount right now
It’s not about how much you make, it’s about how much you lose.
The best traders cut losses fast.
Some people just don't understand how the market works and shouldn't be allowed to have a trading account w/o passing a test.
Selling for a loss??? Makes ABSOLUTELY no sense. It's not like CURA will stop growing anytime soon. They have over a decade of growth ahead of them and sky's the limit as to how how the sp can go.
Some people just don't understand how the market works and shouldn't be allowed to have a trading account w/o passing a test.
Selling for a loss??? Makes ABSOLUTELY no sense. It's not like CURA will stop growing anytime soon. They have over a decade of growth ahead of them and sky's the limit as to how how the sp can go.
Some people just don't understand how the market works and shouldn't be allowed to have a trading account w/o passing a test.
Selling for a loss??? Makes ABSOLUTELY no sense. It's not like CURA will stop growing anytime soon. They have over a decade of growth ahead of them and sky's the limit as to how how the sp can go.
Today’s price action looks bullish to me
Welp dead wrong. They sold it. BUT there was an article posted today suggesting now is the time to buy CURA
Looks like they’re buying the report
We'll if there's any "Russian" connection. Wouldn't you think they would move their oil $ over here...Joke obviously as that social media BS talk has been put to rest.
Think it's just the case of EVERYONE wanting to be able to get it at an EXTREMELY low SP.
I'm confident that my investment will pay off HUGE. Zero worries with this one, ESPECIALLY at this SP...GLTA
Didn’t seem like a bad earnings report to me. See what the market thinks at the open.
nasty Unsure if short squeeze in play or not
folks have to refuse to sell....
short interest % of short is getting up there
Short % of Float = 50%
People are gonna have to cover soon?
Hard to hold when your down as soon as you buy.
Low 6s are a steal here imo added bunch.
Curlf usually have pop on Qs so I think this is bottom here
Don’t Know As it broke below support $7ish.
Next support is $6 then $5
RSI of 26ish indicates short term oversold
But chart looks bad and needs to find bottom
WAY OVERSOLD...If Q is decent probably won't move much due to state of the world ATM. Let's just hope it's not bad. Perhaps most people will recognize a good buying opportunity now.
At least a good amount of shares are changing to stronger hands of INVESTORS
Went long. Seems like an opportunity to me.
Well how low can we go now that the 50 was rejected?
Nice and Easy
pps moving towards 50 day MA of $8.44
would like to just see it ease up nice and easy....
Schumer_Plans_To_File_Marijuana_Legalization_Bill_In_April
Mid terms are coming up in November. It would behoove everyone to write to their local senators.
2/4/22 https://www.marijuanamoment.net/schumer-plans-to-file-marijuana-legalization-bill-in-april-as-top-house-lawmaker-details-his-own-reform-plan/
Senate Majority Leader Chuck Schumer (D-NY) announced at a press conference on Friday that he is aiming to formally file his much-anticipated bill to federally legalize marijuana in April. House Judiciary Committee Chairman Jerrold Nadler (D-NY), who also spoke, discussed progress on his separate legalization bill.
Both top lawmakers detailed their efforts to end prohibition at an event in New York City, which also involved House Small Business Committee Chairwoman Nydia Velazquez (D-NY), New York lawmakers and advocates with the Drug Policy Alliance and other organizations.
Friday proved to be an especially eventful day for federal cannabis policy, as the House earlier passed a large-scale bill that contains the bipartisan Secure and Fair Enforcement (SAFE) Banking Act. It’s the sixth time that reform has cleared the chamber in some form.
“In the coming weeks, we’re ramping up our outreach—and we expect to introduce final legislation. Our goal is to do it in April,” Schumer said at the New York event. “Then we begin the nationwide push, spearheaded by New York, to get the federal law done. As majority leader, I can set priorities. This is a priority for me.”
Advocates were encouraged when Schumer first disclosed details about his Cannabis Administration & Opportunity Act (CAOA), which he unveiled in draft form for public comment in July, but they’ve grown impatient with his repeated comments in the months since that a formal introduction was coming “soon.” Now he’s set a target timeline, and the leader also separately said in a meeting with activists that he expects committee hearings on the proposal shortly after it’s finally filed.
“Right now, we’re taking those comments [on the draft version] and reaching out to Democratic and Republican senators,” Schumer said, adding that “we have some Republican support.” It’s not clear if he’s indicating that there will be GOP cosponsors on the bill itself or if he’s referencing general support from voters and some lawmakers across party lines for ending prohibition.
“If any senators have other ideas that they want to add to the bill, as long as it keeps social and economic justice as the spearhead, we’re happy and willing to listen,” he said.
Even if committee hearings start quickly following an April introduction, it seems highly unlikely that it will pass and make it to the president’s desk by the unofficial cannabis holiday 4/20, as Schumer said he wanted to see happen in a Senate floor speech delivered last April 20.
Schumer, Nadler, several New York lawmakers also made the case at Friday’s event that while New York’s legalization law, which is actively being implemented, should serve as a model for the country, comprehensive equity will only be achievable once federal prohibition is lifted.
We want to renew the case for comprehensive marijuana reform that repairs the harm of the war on drugs at the federal level, using the great work that has been done here in New York as an example and way to lead,” Schumer said, adding that “just because we have a state law, the federal law still creates problems, and that’s why one of the many reasons we need to change it.”
The majority leader’s office has been involved in negotiations with advocates and stakeholders, both on his legalization measure as well as the SAFE Banking Act, which he was blamed for blocking as part of a separate defense bill late last year.
The leader and colleagues have insisted on passing comprehensive legalization first before banking—but the sponsor of the banking bill, Rep. Ed Perlmutter (D-CO), told Marijuana Moment on Friday that, after initiating conversations with the leader’s office, there may be a path forward to advance his legislation through both chambers with equity-focused amendments that Schumer wants to see.
With respect to Schumer’s legalization bill, the Senate leader emphasized late last year that he wants to keep the “big boys” out of the marijuana industry in favor of creating opportunities for smaller operators when cannabis is federally legalized, and he said that his upcoming bill would accomplish that.
“We don’t want the big boys to come in,” he said at the time. “After all the pain that’s been occurring in communities like the one you represent in Brooklyn, where I’m from—to have the big boys come in and make all the money makes no sense.”
He’s made similar remarks in the past, stressing that his reform bill will take specific steps to restrict the ability of large alcohol and tobacco companies to overtake the industry.
Nadler, meanwhile, discussed on Friday his Marijuana Opportunity, Reinvestment and Expungement (MORE) Act, which would also end federal prohibition and promote social equity in the industry like CAOA. That bill passed the House in a historic first last session, and it cleared Nadler’s Judiciary Committee again in September.
“The war on drugs—and particularly the criminalization of marijuana—has been a failure that has unleashed untold suffering on millions of Americans, especially within minority communities,” Nadler said. “I am proud to stand here with Senator Schumer, and with the many other legislators and advocates with us today, who are leading the way in reforming our laws and bringing justice to those who have been harmed by these unfair and destructive policies.”
“Change will not happen, change will not come, unless we demand it,” the congresswoman said. “And because we have been demanding it, public opinion has changed dramatically. So it is time for government to act, particularly the federal government.”
House_Officially_Approves_Marijuana_Banking_Amendment_To_Large_Scale_Bill_Set_For_Final_Passage_Friday_(Today)
https://www.marijuanamoment.net/house-officially-approves-marijuana-banking-amendment-to-large-scale-bill-set-for-floor-action-on-friday/
They don't deliver they'll get crushed even worse in mid-terms. Dangling the carrot won't work anymore.
He'll say something like this is just 1st step towards legislation and equity, etc...
Biden will sign it and say it's to help black business or something
Ain't That The Truth! :)
Maybe the 6th time is a charm? lol
Maybe the 6th time is a charm? lol
House_Approves_Marijuana_Banking_Final_Approval_Expected_Today
https://www.marijuanamoment.net/house-approves-marijuana-banking-on-voice-vote-without-debate-but-roll-call-for-final-approval-expected-thursday/
Schumer Gives Update
https://www.marijuanamoment.net/schumer-gives-update-on-federal-marijuana-legalization-and-banking-in-meeting-with-equity-advocates/
Senate Majority Leader Chuck Schumer (D-NY) held a meeting with a variety of marijuana reform and other advocacy groups last week to discuss social equity issues as he prepares to introduce a much-anticipated cannabis legalization bill this year.
While activists involved in the Tuesday meeting told Marijuana Moment that Schumer again gave vague details about the timeline for filing the Cannabis Administration and Opportunity Act (CAOA), saying it will be done “soon,” he did say that he also expects committee hearings to follow after its introduction.
Marijuana banking, immigration issues related to cannabis and the implementation of New York’s adult-use marijuana program were also discussed at the Zoom meeting, which lasted a little under an hour.
Schumer characterized the discussion as an “exciting meeting on social equity in federal marijuana reform” in a tweet on Friday. “We’re working to end the prohibition & ensure equity for communities impacted by the War on Drugs—[especially] communities of color.”
Representatives of the Drug Policy Alliance (DPA), Cannabis Regulators of Color Coalition (CRCC), Immigrant Defense Project, Women Grow, VOCAL-NY and Rochester NORML participated.
“Sen. Schumer has consistently stood with small and minority-owned businesses. We were glad to share hard-earned lessons for how Congress can ensure that the communities most impacted by the war on drugs are set up for success,” Shaleen Title, who attended as vice chair of CRCC, told Marijuana Moment.
(Disclosure: Title supports Marijuana Moment’s work through a monthly pledge on Patreon.)
The majority leader also acknowledged in the discussion that he’s received some criticism from advocates over how long it’s taken to file his legalization bill, but he and his Senate colleagues feel it’s important to take their time to ensure that equity is effectively incorporated into the legislation before it begins the committee process.
A Schumer staffer at the meeting described the plan as “moving as fast as possible without screwing this up,” according to one participant who did not wish to be named.
The senator also recognized that in his home state of New York, where regulators are in the process of implementing a commercial, adult-use market, the system will not be comprehensively equitable until federal prohibition is lifted.
The leader also weighed in on another issue that he’s caught flack from advocates over: his insistence that comprehensive reform should be enacted first before taking the incremental step of passing a bipartisan bill to simply protect banks that work with state-legal cannabis businesses.
That position has frustrated some advocates and stakeholders who feel that enacting the banking reform is a politically achievable step that could promote public safety by allowing marijuana businesses to stop dealing in largely cash-based transactions that make them targets of crime. Most recently, Schumer was blamed for keeping the incremental reform out of a large-scale defense bill following bicameral negotiations.
In last week’s meeting, however, the leader again signaled that he’d be open to advancing the more modest policy change if certain equity provisions would attached to it, for example providing incentives for minority deposit institutions or community development facilities to promote commercial lending—a topic that CRCC chair Dasheeda Dawson also discussed in a recent op-ed for Marijuana Moment.
Hopefully Bottom Is In
up up and away........
And that's why I RELOCATED to the VILLAGE. :)
Looks primed for strong reversal. With SAFE added to America competes act. Doubt they'll strip it out this time.
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