Monolithic Trading (MONO)

[JohnCM]

NASDAQ - 52 Week High NASDAQ - 52 Week Low

AMPH Amphastar Pharmaceuticals, Inc. $28.77 $27.90 $16.91
ANDE The Andersons, Inc. $43.88 $42.65 $25.07
ARCK Arbor Rapha Capital Bioholdings Corp. I $10.535 $10.37 $9.84
ARNA Arena Pharmaceuticals, Inc. $94.63 $94.50 $45.50
CARG CarGurus, Inc. $46.44 $39.77 $22.63
CENX Century Aluminum Company $22.98 $22.05 $10.39
CFFSW CF Acquisition Corp. VII $0.72 $0.70 $0.3999
CHK Chesapeake Energy Corporation $75.08 $73.66 $40.00
CHKEL Chesapeake Energy Corporation $42.34 $40.49 $15.50
CHKEW Chesapeake Energy Corporation $50.25 $48.10 $18.00
CHKEZ Chesapeake Energy Corporation $45.28 $44.08 $17.21
CHKP Check Point Software Technologies Ltd. $140.83 $138.445 $107.85
CHSCP CHS Inc $31.26 $31.18 $29.05
CONE CyrusOne Inc $90.40 $90.35 $61.64
CSGS CSG Systems International, Inc. $61.63 $61.575 $42.58
ESGR Enstar Group Limited $286.19 $282.00 $212.59
FINW FinWise Bancorp $21.15 $20.60 $11.90
GCBC Greene County Bancorp, Inc. $39.99 $39.9199 $23.91
GLNG Golar LNG Limited $17.00 $16.41 $9.26
GRIN Grindrod Shipping Holdings Ltd. $25.80 $25.49 $5.69
HPKEW HighPeak Energy, Inc. $10.01 $9.60 $1.6035
HSIC Henry Schein, Inc. $87.32 $85.23 $60.70
HTIBP Healthcare Trust, Inc. $25.6037 $25.58 $24.77
LNTH Lantheus Holdings, Inc. $46.63 $41.51 $17.27
SPTN SpartanNash Company $28.45 $28.07 $17.28
TGA TransGlobe Energy Corporation $3.66 $3.59 $1.36
TWNK Hostess Brands, Inc. $21.71 $21.65 $14.16
UG United-Guardian, Inc. $20.84 $20.7429 $13.6801
VALU Value Line, Inc. $62.85 $62.0498 $26.53
See Also

[JohnCM]

#1. I like the business model. Something a little different.

#2. The only CANNA I own is TLLTF.

#3, I would buy this SPAC at $10. 1/3rd 1/3rd 1/3rd. Leverage in. If you get a few 9's great.

[greenwillow]

I haven't looked at this spac yet. If the deal goes thru, I'd wait for it to settle before considering.

Most of the canna spacs have been absolute dog dung. Maps, leafly, the parent company, greenrose, Ceres, glass house..etc

I'd prefer to add to a proven operator versus an unknown / over priced spac deal.

Why take the risk when you can buy leaders on sale?(my initial thoughts, without looking too closely at it.)

Trul, GTI, verano, Cura, Cresco, AYR, terrascend ..etc.

Glass house is the only one I currently own, and bought in the mid $3s...heavily discounted.

With markets on suspect footing right now, I'm raising cash levels & only allocating to leadership.

[JohnCM]

White House says Biden has agreed to meet with Putin ‘in principle’ as long as Russia does not invade Ukraine

In my anticipated timeline, a resolution or backdown will be announced between Feb 28 and March 4th.

At the top, GOLD will be as high as $2,100 and CRUDE will be as high as $110.00.

After March 4th GOLD will drop to $1,900 within a week and CRUDE will drop to $65.00 with 6 months.

[JohnCM]

What do you think?

Cannabis Bank Safe Harbor to Go Public via SPAC Merger

February 14, 2022 at 7:33 am
Published by NCV Newswire

Northern Lights Acquisition Corp. Announces Entering into a Business Combination Agreement with Safe Harbor Financial, the Leading Provider of Financial Services and Access to Banking Solutions for the U.S. Cannabis Industry

Transaction advances Safe Harbor’s mission to be the leading provider of compliant and reliable access to banking and financing solutions for the U.S. cannabis industry

One of the first cannabis-focused commercial lending platforms with an actionable pipeline of over $300 million in near term opportunities with proven multi-state and single-state operators

Tenured management team led by banking and cannabis industry pioneer, Founder and CEO Sundie Seefried

Estimated post-transaction equity value of the post-closing company will be $327 million with a fully committed $60 million PIPE from leading institutional investors.

[JohnCM]

Cannabis Bank Safe Harbor to Go Public via SPAC Merger

February 14, 2022 at 7:33 am
Published by NCV Newswire

Northern Lights Acquisition Corp. Announces Entering into a Business Combination Agreement with Safe Harbor Financial, the Leading Provider of Financial Services and Access to Banking Solutions for the U.S. Cannabis Industry

Transaction advances Safe Harbor’s mission to be the leading provider of compliant and reliable access to banking and financing solutions for the U.S. cannabis industry

One of the first cannabis-focused commercial lending platforms with an actionable pipeline of over $300 million in near term opportunities with proven multi-state and single-state operators

Tenured management team led by banking and cannabis industry pioneer, Founder and CEO Sundie Seefried

Estimated post-transaction equity value of the post-closing company will be $327 million with a fully committed $60 million PIPE from leading institutional investors

NEW YORK and ARVADA, Colo., Feb. 14, 2022 /PRNewswire/ — Northern Lights Acquisition Corp. (NASDAQ: “NLIT”) (“Northern Lights”), a special purpose acquisition corporation and SHF, LLC dba Safe Harbor Financial (“Safe Harbor” or the “Company”), the leading cannabis-focused financial services provider offering reliable access to banking and financing solutions for the cannabis industry, announced today the signing of a definitive business combination agreement that will result in Northern Lights’ acquisition of Safe Harbor from a subsidiary of Partner Colorado Credit Union, a Colorado-chartered credit union based in Arvada, Colorado (“PCCU”). Upon the closing of the transaction, Northern Lights and Safe Harbor will be led by Sundie Seefried, Founder and Chief Executive Officer of Safe Harbor. The boards of directors and managers of Northern Lights, PCCU, and Safe Harbor have unanimously approved the proposed business combination.

Established in 2015 by PCCU, Safe Harbor was formed to provide an unmet need – compliant access to banking and financial services for the rapidly growing U.S. cannabis industry. Over the past seven years, Safe Harbor has grown to nearly 600 accounts spanning 20 states. Additionally, Safe Harbor has processed over $11 billion in transactions with $4 billion in 2021 and has grown deposits at a 73% CAGR since inception. As legislative reform unfolds in the U.S., Safe Harbor’s platform is uniquely positioned to continue as the trusted, leading standard for cannabis financial services.

The regulated U.S. cannabis market currently consists of more than 70,000 cannabis-related businesses (“CRBs”), with sales that are expected to double to over $46 billion by 2025. Despite this rapid growth, there remains limited access to reliable cannabis financing and banking solutions caused by conflicting state and federal laws, unclear banking guidelines, and a lack of “safe harbor policy” for financial institutions. These dynamics have weighed heavily on cannabis-related companies, which currently operate without effective cash management solutions or traditional commercial financing options.

Safe Harbor addresses these challenges with its industry-leading financial services and commercial lending platform, providing its clients with increased safety and security through access to normalized banking and cash management. Through its proprietary risk management and compliance program, Safe Harbor operates under regulations promulgated under the Bank Secrecy Act (“BSA”) and additional FinCEN guidance, as demonstrated by passing 15 state and federal examinations since inception.

To help cannabis operators overcome their historic reliance on expensive, non-traditional forms of capital, Safe Harbor launched one of the first commercial cannabis lending platforms in late 2021. Since initiating the program, Safe Harbor has an actionable pipeline of over $300 million from both its existing and new clients. With its low cost of capital advantage, underpinned by industry-leading compliance and underwriting, Safe Harbor offers competitive rates with flexible structure and collateral packages ushering in a new wave of commercial capital for the cannabis industry.

Management Comments

“Safe Harbor is the most compelling investment opportunity we have encountered in the cannabis industry as both operators and investors. Safe Harbor is one of the only multi-state financial service organizations to successfully navigate the highly regulated cannabis banking industry, providing services that operators in other industries take for granted,” noted John Darwin and Joshua Mann, Co-CEOs of Northern Lights, both of whom will remain on Northern Lights’ Board of Directors upon completion of the transaction. “Setting the gold standard for regulatory compliance, as well as providing access to growth capital across the entire cannabis value chain, Safe Harbor is uniquely positioned to scale. We are confident that our collective experience in the cannabis industry and strong pipeline of lending opportunities are complementary to the incredible business Sundie and her team have established.”

The acquisition by Northern Lights will allow Safe Harbor to advance its efforts to remain the premier cannabis financial services provider. Over the last seven years, our team has pioneered what many consider to be the industry standard cannabis banking platform by establishing strong internal processes and controls, and by complying with rigorous state and federal banking guidelines.

Sundie Seefried, Chief Executive Officer of Safe Harbor
Through the SPAC transaction, we believe Safe Harbor will be well-positioned to expand its suite of financial services for our existing and new clients and continue to support the growth of the cannabis industry at a very high level. Our goal is to become a ‘one-stop-shop’ for cannabis business financial needs.

Transaction Overview

Northern Lights will acquire Safe Harbor, a subsidiary of PCCU for a total of $185 million, of which $70 million will be paid in cash and $115 million in shares of Northern Lights Class A common stock. The estimated post-transaction equity value of the Company will be approximately $327 million, assuming no redemptions by the stockholders of Northern Lights. The transaction will provide up to $107 million of gross proceeds (assuming no redemptions), including $117 million from Northern Lights’ cash-in-trust and a fully committed $60 million PIPE from institutional investors.

The transaction is subject to approval by the stockholders of Northern Lights and other customary closing conditions. Additional information about the proposed transaction, including a copy of the business combination agreement and investor presentation, will be provided in a Current Report on Form 8-K to be filed by Northern Lights with the Securities and Exchange Commission, and will be available at www.sec.gov.

About Safe Harbor Financial

Safe Harbor is one of the first financial services providers to offer reliable access to banking solutions for cannabis, hemp, CBD, and ancillary operators, making communities safer, driving growth in local economies, and fostering long-term partnerships. Safe Harbor, through its partners, serves the regulated cannabis industry and implements the highest standard of accountability, transparency, monitoring, reporting, and risk mitigation measures while meeting BSA obligations in line with FinCEN guidance on CRBs. Over the past seven years, Safe Harbor has processed over $11 billion in transactions with operations spanning 20 states with regulated cannabis markets. For more information, visit www.shfinancial.org.

About Northern Lights Acquisition Corp.

Northern Lights is a blank check company formed for the purpose of effecting a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses. For more information, visit northernlightsacquisitioncorp.com

About NLIT Sponsor

The Sponsor is an affiliate of Luminous Capital Inc. (“Luminous”), a U.S. and Canadian-based private equity firm with a team of industry experts that have managed operations from concept to public company exit, raised and deployed institutional capital, and held board seats on multiple private and public cannabis companies. For more information, visit www.luminouscapitalinc.com.

Advisors

EF Hutton, division of Benchmark Investments, LLC, is serving as placement agent and capital markets adviser. Nelson Mullins Riley & Scarborough LLP is serving as legal advisor to Northern Lights. Donald T. Emmi, Esq. and David Waller, Esq. are serving as legal advisors to Safe Harbor and PCCU. KCSA Strategic Communications is serving as public relations and investor relations advisor.

[JohnCM]

If you are sick and tired of the recent weakness in the NASDAQ and are looking elsewhere, crypto, bond funds, CASH, gold.

You don't have to leave technology. Even though July is a little ways off. if you invest in GOOG at $125.00 per share (a/s) ... you WILL NOT lose money.

IMO

[greenwillow]

Nice!

Yeah, it's been brutal since the beginning of the summer.

Always brutal in the summer.

Expecting a flip of trend sometime this fall. Feels like we're getting closer.

GL

[JohnCM]

2X ETF

MJXL™
ETFMG 2x Daily Alternative Harvest ETF

About MJXL™
MJXL seeks the daily investment results, before fees and expenses, of 200% of the performance of the Prime Alternative Harvest Index, designed to give exposure to companies within the global cannabis ecosystem bene?tting from medicinal and recreational cannabis legalization initiatives.

This leveraged ETF seeks a return that is 200% the return of its benchmark index for a single day. The Fund should not be expected to provide 2x the return of the benchmark’s cumulative return for periods greater than a day. There is no guarantee the Fund will meet its stated investment objective.

Many other signi?cant applications for cannabis and THC based medicines and treatments ranging from epilepsy to cancer treatment to non-opioid pain management.

The global cannabis market is expected to grow at a CAGR of 23.9% and reach $66.3B by 2025.4

Why Invest in a Leveraged ETF?

Short-term trading seeking to amplify/capitalize on daily market movements.

Can be used either as a hedging vehicle or in some arbitrage strategies.
More efficient way of capital deployment to gain exposure.

About the Fund

The ETFMG 2x Daily Alternative Harvest ETF (MJXL) seeks daily investment results, before fees and expenses, that correspond to two times (2x) or 200% the return of the Prime Alternative Harvest Index (the “Index”) for a single day, not for any other period. The Index is designed to provide a benchmark for investors interested in bene?tting from the global cannabis industry, including both medicinal and recreational legalization initiatives.

About the Index

The Prime Alternative Harvest Index has been created to provide investors with a product that enables them to take advantage of both event-driven news and long-term trends in the cannabis industry as well as the industries likely to be influenced by the medicinal and recreational cannabis legalization initiatives taking place globally.

Investing in an ETFMG 2x Daily Leveraged ETF may be more volatile than investing in broadly diversified funds. The use of leverage by an ETF increases the risk to the ETF. The ETFMG 2x Daily Leveraged ETFs are not suitable for all investors and should be utilized only by sophisticated investors who understand leverage risk, consequences of seeking daily leveraged, or daily inverse leveraged, investment results and intend to actively monitor and manage their investment as frequently as daily. The Fund’s returns for periods longer than a single day will very likely differ in amount, and possibly even direction, from the Fund’s 2x the return of the Index for the same period. For periods longer than a single day, the Fund will lose money if the Index’s performance is flat, and it is possible that the Fund will lose money even if the level of the Index rises.

Fund Prices
Last Updated 9/14/2021

FUND NAME
ETFMG 2x Daily Alternative Harvest ETF

NAV
5.89

NAV PRICE CHANGE
-0.13

MEDIAN BID/ASK SPREAD (30 DAY) (%)
3.95

SYMBOL
MJXL

MARKET PRICE CLOSE
6.03

MARKET PRICE CHANGES
-0.18

PREMIUM/DISCOUNT (%)
2.32

Month End Performance
LAST UPDATED 08/31/2021

NAV% MARKET VALUE%
Cumulative
1 Month -14.05 -14.20
3 Months - -
6 Months - -
YTD - -
Since Inception Cumulative -31.43 -30.50
Annual
1 Year - -
3 Year - -
5 Year - -
Since Inception Annualized - -
Quarter End Performance
LAST UPDATED

Top 10 Index Holdings
DOWNLOAD INDEX HOLDINGS
Last Updated 09-14-2021

NAME % TOTAL ASSETS TICKER
TILRAY INC 7.44% TLRY UW Equity
CANOPY GROWTH CORP 7.22% CGC UW Equity
AURORA CANNABIS INC 6.56% ACB UW Equity
GROWGENERATION CORP 6.39% GRWG UR Equity
ORGANIGRAM HOLDINGS INC. 5.71% OGI UW Equity
CRONOS GROUP INC 5.63% CRON UQ Equity
ALTRIA GROUP INC 3.85% MO UN Equity
PHILIP MORRIS INTERNATIONAL 3.82% PM UN Equity
HYDROFARM HOLDINGS GROUP INC 3.76% HYFM UW Equity
IMPERIAL BRANDS PLC 3.67% IMB LN Equity

[JohnCM]

Brutal. When MJ turns you could go with a leveraged ETF.

[greenwillow]

Agree, but I'm sticking to USA operating pubcos at this point.

[JohnCM]

Tilray always bounces.

[greenwillow]

Like Verano at these levels

[JohnCM]

[greenwillow]

🇺🇸 Canna Comp Sheet - Read Footnotes - Flag any issues $GNRS $GLDFF $CURLF $GTBIF $TCNNF $CRLBF $VRNOF $TRSSF $AYRWF $JUSHF $FFNTF $CCHWF $GRAMF $ACRDF $RWBYF $CNTMF $HBORF $MRMD $CXXIF $SHWZ $BMMJ $CPTR $GLASF $AAWH $CPTR $HRVSF $PLNHF $CERAF $GDNSF $LOWLF $INLB $MMNFF pic.twitter.com/hZ0hH2GPeK

— 🇺🇦 Free CashFlow (@cashflow_free) September 4, 2021

[JohnCM]

Within 10% of bottom. 100% sure we are within 20% of bottom.

[greenwillow]

Overall, agree.

Aug ends next Tues.

Sept/oct are good months for canna land upside, historically/high probability event speaking.

I'll be looking for a reversal of trends starting late next week & into the fall.

Tilt held well thru the summer, which tells me it might be one of the better runners into fall. So undervalued relative to peers.

[JohnCM]

I am guessing we are within 10% of the bottom. And 100 percent sure we are within 20% of the bottom.

BUY

Canopy
HEXO
Columbia Care
Cresco
Tilray
TILT

[greenwillow]

Public 🇺🇸Cannabis Operators Peer Comp Table: Cash Flow from Ops.

Updated Q2: $TRSSF $MRMD $AYRWF $FFNTF $SHWZ $LOWLF $CCHWF

MCs/EVs thru Aug. 20$VRNOF $GTBIF $TCNNF $CRLBF $CXXIF $TLLTF $CNTMF $VEXTF $JUSHF $PLNHF $HBORF $SLGWF $GAEGF $FLOOF $GDNSF $HRVSF $ACRHF $RWBYF $CURLF pic.twitter.com/OKnTyaJ834

— Sammy J (@sammyj_19) August 23, 2021

[greenwillow]

https://twitter.com/cashflow_free/status/1430951695756976129/photo/1

[JohnCM]

Looking at BABA DIDI EDU TAL GOTU

I have them stuck in my Yahoo app.

[JohnCM]

Got out of BTCM just in time.

I'll check out the course.

Bought the book "Mastering BITCOIN"

Coinbase earnings Thursday.

[greenwillow]

DMAN holding strong.

Stumbled across a free 12 hr BTC course.

https://learn.saylor.org/course/view.php?id=468

[greenwillow]

Custodianships (updated 7/6)

https://docs.google.com/spreadsheets/d/14HPYLDV5vg6Bssp_YMHuz-cGdTWRaQ6wuY1ENTZ5x1Q/htmlview

Trading custodianships is about details and patience. I can’t help you with the latter, but I’m pretty good at the details. I’ve made my Google sheet available for viewing so you can stay up to date with real time changes. Let’s keep crushing it!https://t.co/U1Eq8gajU0

— Suits & Stocks (@Suits_n_stocks) January 13, 2021

[JohnCM]

[greenwillow]

I'd rather play BABA at multi month lows, if I wanted to mess w/ China stocks. Still have some exposure to didi too. Doesn't BABA own a good portion of DIDI?

[JohnCM]

Double-bottom DIGI

Wish I had a crystal ball.

[greenwillow]

https://reasonstreet.co/business-model-two-sided-marketplace/

[JohnCM]

Biden says cannabis rules could change after Richardson ban

Marijuana Moment’s Newsletter
July 5, 2021
By Tom Angell

President Joe Biden suggested that anti-marijuana rules for athletes could change following the runner Sha’Carri Richardson’s suspension from Olympic competition due to a positive cannabis test. The comments came one day after White House Press Secretary Jen Psaki declined to condemn the sanction against Richardson and as a bipartisan group of lawmakers called on sports officials to reconsider their approach to the issue.

Ahead of the 4th of July, the Food and Drug Administration warned people about using CBD to calm dogs that are scared of fireworks because it “has NOT evaluated these products.” But in doing so for the third year in a row, the agency inadvertently revealed that it’s not doing its job.

Rhode Island lawmakers sent a bill to Gov. Dan McKee (D) that would make the state the first to legalize safe consumption sites for illegal drugs.

A witness at a House hearing testified that members of Congress can get to know one another and reduce partisan bickering by visiting marijuana businesses together.

“It’s a little cheesy. But actually, because it’s one-on-one, it’s harder to be really demeaning.”
Sens. Alex Padilla (D-CA), Mark Warner (D-VA) and Tim Kaine (D-VA) are calling on the Department of Homeland Security to reopen the case of a Navy veteran who was deported over a marijuana conviction.

Rep. Thomas Massie (R-KY) criticized both major parties for not embracing marijuana legalization.

Rep. Bonnie Watson Coleman (D-NJ) tweeted, “The War on Drugs has gone on long enough. It has destroyed communities, devastated families and hasn’t put a dent in drug use. It’s time to end the punitive War on Drugs and take a health-based approach.”

Rep. Don Beyer (D-VA) tweeted, “Today, after decades of excessive incarceration that disproportionately targeted communities of color, marijuana is legalized in the Commonwealth of Virginia. I have called for this step for years, and will continue to support and vote for legalization at the federal level.”

Rep. Ed Permutter (D-CO) tweeted, “States’ rights and the will of the majority of voters in this country need to be respected as we look to reform federal cannabis laws. I continue to push for passage of the #SAFEBankingAct to align state and federal law and reduce the public safety risk in our communities.”

Former Rep. Tulsi Gabbard (D-HI) tweeted, “Those who have power to make laws and rules about marijuana have damaged/destroyed countless lives due to their ignorance and lack of aloha. OC: Drop rule and end Sha’Carri’s suspension. Live aloha.”

The House bill to decriminalize all drugs got four new cosponsors for a total of 16.

The House bill to deschedule marijuana and fund programs to repair the harms of the drug war got 47 new cosponsors for a total of 52.

Maine Gov. Janet Mills (D) allowed a bill to require regulators to consult the public on changes to medical cannabis rules to become law without her signature.

Florida Democratic gubernatorial candidate Nikki Fried, currently the state’s agriculture commissioner, tweeted, “Suspended from the @Olympics for a medicine legal in her state that doesn’t affect her performance and eased the grief of losing her mother? Enough of this. Let Sha’Carri run.”

California lawmakers sent Gov. Gavin Newsom (D) a bill to consolidate marijuana regulatory bodies and make other changes to rules.

Puerto Rico’s Senate approved a bill on workplace protections for medical cannabis patients.

Rhode Island House leaders said they “intend to continue working on legislation concerning cannabis regulation.”

Virginia’s Senate president pro tempore is a co-owner of a CBD store.

The New Jersey Supreme Court issued an order to facilitate the dismissal, vacating and expungement of marijuana cases.

A Florida appeals court ruled that an employer doesn’t have to pay for a worker’s visit to a physician to be evaluated for a medical cannabis recommendation.

A Tennessee representative said the state is “nowhere close” to legalizing marijuana.

Oregon regulators published guidance about the end of coronavirus-related restrictions for marijuana businesses.

Connecticut officials are accepting applications to serve on the new cannabis Social Equity Council.

South Dakota regulators plan to select a vendor to run the state’s medical cannabis system by the end of next month.

[greenwillow]

Almost time to start nibbling on some USA canna names over the next couple of months.

Late Aug (final days) is usually the deepest discount days, but could be some sort of federal legalization/SAFE banking bill to spark some attn earlier? I'm doubtful, but hopeful.

Either way, a lot of these top players are putting up some amazing growth/fundamental #'s.

🇺🇸 Canna Comp Sheet updated - Read Footnotes - Flag any issues$GNRS $GLDFF $CURLF $GTBIF $TCNNF $CRLBF $VRNOF $TRSSF $AYRWF $JUSHF $FFNTF $CCHWF $GRAMF $ACRHF $RWBYF $CNTMF $HBORF $MRMD $CXXIF $SHWZ $BMMJ $CPTR $MRCQF $AAWH $CPTR $HRVSF $PLNHF $CERAF $MRCQF $GDNSF $LOWLF $INLB pic.twitter.com/cuuTH1BZAB

— 🇺🇦 Free CashFlow (@cashflow_free) July 6, 2021

[greenwillow]

Grass is greener :)

Love the new avatar pics.

Long BTC, but indifferent at this point.

It's had good support at 30K but not too much excitement above 34/35k. I don't think it goes below 30K-ish, but...

I wouldn't mind 15k-20k-ish, I'd do some adding at those levels.

What are you thinking?

[greenwillow]

lol, possibly:)

Looks they're actually getting something going...ha

[JohnCM]

DIDI

A selloff to $14.20 before recovering would be -7.62%