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News: Attorney General to back DEA rescheduling
WASHINGTON (AP) — Attorney General Garland plans to endorse DEA proposal to reclassify marijuana as less dangerous drug, AP source says.
— Charlee Caudill (@caudill_char) April 30, 2024
Same games for years.
market markers f ukin g us after hours
I am read for Tilray to have some CGC movement.
This has not been that high in years but when it does we all will be. Let’s hope it happens this week.
Ill be happy with 5 by next week
03:02 PM EDT, 04/30/2024 (MT Newswires) -- (Updates with DOJ declined to comment in fourth paragraph.)
Cannabis stocks rose in recent Tuesday trading after the Associated Press reported that the US Drug Enforcement Administration planned to reclassify marijuana as a drug that posed less harm than other substances.
The DEA's plan to bump marijuana down to the Schedule III category from its current Schedule I status would require approval from the White House Office of Management and Budget and follow a period of public hearings and a review by an administrative judge, the report said.
The move won't legalize cannabis for recreational use outright but recognize the plant's medical uses.
The DEA deferred the matter to the US Department of Justice when asked for comment by MT Newswires. The DOJ declined to comment.
Aurora Cannabis (ACB) shares rose 32%, Canopy Growth(CGC) surged 53%, Cronos Group(CRON) jumped 14% and Tilray Brands(TLRY) soared 38%.
Price: 8.32, Change: +2.00, Percent Change: +31.68
MT Newswires does not provide investment advice. Unauthorized reproduction is strictly prohibited.
2.50 strike trigger
Move above this with volume could spook short funds to panic cover into close....it will be a battle for sure
$TLRY on fire - breakout trigger
$TLRY - Break above $2.50 strike price could trigger panic short covering
— Ludlow Research (@LudlowResearch) April 30, 2024
News that US will reschedule #marijuana as soon as this week#shortsqueeze #cannabis #DEA #stockstowatch pic.twitter.com/UoY7CbhHw4
Word is news could come this week
Some articles saying could even come this evening so TLRY could quickly be gapping to $3.50 towards $5.00
Will be able to sell at stores OTC possibly
I am ready for that move from 2 to 10, 20 and beyond.
That would be amazing. So ready for it.
WASHINGTON (AP) — The U.S. Drug Enforcement Administration will move to reclassify marijuana as a less dangerous drug, The Associated Press has learned, a historic shift to generations of American drug policy that could have wide ripple effects across the country.
Mega short squeeze incoming
If they announce rescheduling look for at least 1-3 day mega rally as shorts panic to cover before profit takers move in.
May get rescheduled THIS WEEK!!!
Officials with the nation’s top marijuana prohibitionist advocacy group say they are hearing that the results of the Drug Enforcement Administration’s (DEA) cannabis scheduling review will be announced “very soon,” possibly as soon as “today or tomorrow.”
Hope we hit 10 dollar this time
TLRY
Nothing leaked. Time for weed stocks to take over!
Tilray Brands, Inc. (TLRY) announced last year that it has closed its all-cash acquisition of eight beer and beverage brands from Anheuser-Busch, including the breweries and brewpubs associated with them. The acquired businesses include Shock Top, Breckenridge Brewery, Blue Point Brewing Company, 10 Barrel Brewing Company, Redhook Brewery, Widmer Brothers Brewing, Square Mile Cider Company, and HiBall Energy. Irwin D. Simon, Chairman and Chief Executive Officer, Tilray Brands(TLRY), said, “Tilray’s diversified growth strategy is a purposeful and strategic adaptation to current market realities given delayed federal cannabis legalization in the U.S. When federal cannabis legalization does happen, we believe that Tilray will be ready to dominate as a leading global CPG company with the resources, infrastructure and operations, distribution, brands, sales, and marketing know-how to lead the revolution of cannabis CPG in the mainstream.”
DEA to reclassify pot as a less dangerous drug
It is sad that such power Nation like USA is so stuck on moving forward on the future. I also do not blame them because marijuana is making billions to private forces in the federal government. Nobody wants to give up those tities!!! 😂 anyways, there is a drug-pandemic going around it, not a secret USA is the biggest consumer of such illegal substances, now legalizing marijuana, some may think it would be like setting a doomsday to the country. Which is a no no no. Uncertainty in the future
absolutely ! it / they ARE losing on purpose , remember it / they can delete the U.S. border but it / they won't legalize the sacred herb . LoL . WTF ? https://www.marijuanamoment.net/biden-campaign-says-trump-took-marijuana-reform-backwards-by-rescinding-enforcement-memo-despite-current-admin-failing-to-reinstate-it/
I agree, from where I am, the USA looks in danger of breaking into a bunch of little countries instead of anything that is “united” that is not having cannabis in the mix at all. I feel there are better opportunities elsewhere. Tilray is exposed to hundreds of millions of potential customers. US companies have only access to 1 state at a time. Who wants to build a seed to sale supply line for 30 million people (or whatever Cali population is) maximum? It is not good business. The more I see the US sabotage itself the more I like non US companies. It is like they are losing on purpose
I agree, from where I am, the USA looks in danger of breaking into a bunch of little countries instead of anything that is “united” that is not having cannabis in the mix at all. I feel there are better opportunities elsewhere. Tilray is exposed to hundreds of millions of potential customers. US companies have only access to 1 state at a time. Who wants to build a seed to sale supply line for 30 million people (or whatever Cali population is) maximum? It is not good business. The more I see the US sabotage itself the more I like non US companies. It is like they are losing on purpose
I am asking because if is a wrongful thought to believe USA is the kingdom of marijuana business. Cali is not the only place, you said it, they are global, they can benefit somewhere else that doesn’t have to wait for a petty federal legalization to be freely operational. Same thing happened to FTMO, they got fed up and said fuck it, we can do well worldwide and not need the headaches of USA legal process. Just my 2 cents. It is becoming a soap opera The marijuana business in the congress
Tilray is a Canadian company and has operations globally. They will benefit (imo) from any forward movement in the US since they are legally listed on US boards. I have not bothered with them till now. I am impressed with what they are doing. They are able to grow and distribute across the whole country so they have better access to population of 32 million than companies in Cali. They are also positioning in the USA because they have liquor distribution and are already branding 420. Their products are effective and have good presence. I am a fan of their vapes and their cbd/cbg capsules keep my fam’s pain at bay
.......PAUSE......
What an imbecile!!!
LoL , nssrr5 here is the " genius of the year " , pause ............ LoL . the trick is to " focus " on the teleprompter . LoL , LoL
LoL nssrr5 here is your DEI dream .
It may take a short while but good hold imo
Just trying to sell you my stock lol
Back with more failed predictions huh JD???🤡
He is nothing more than a basher/short POS. Can’t wait for Tilray to burn them all in hell.
It recently made an 80 percent move from 1.60s lol. Don't be greedy. Flip a bit and hold a core imo
I would say up 6 to 7 percent is not a rise. I hope we don’t stay in this crap trading range much longer. It’s time to truly RISE.
perform some double d ! compare the share structure of all 3 to each other & you will find the answer you seek . SPOILER ALERT ! the answer you seek is hidden in plain sight .
Why has this stock made no gains whatsoever while cgc and acb are both up?
Saw some spreading their SHORT & DISTORT BS. Claiming TLRY is only in Canada.
#EducationCuresIgnorance
15 Countries Where Tilray Brands Is Capturing Market Share
https://technical420.com/cannabis-article/15-countries-where-tilray-brands-is-capturing-market-share/
Found this too.
15 Countries Where Tilray Brands Is Capturing Market Share...
https://technical420.com/cannabis-article/15-countries-where-tilray-brands-is-capturing-market-share/
ALSO-Tilray Provides International Cannabis Update on Milestone German Cannabis Legalization
https://ir.tilray.com/news-releases/news-release-details/tilray-provides-international-cannabis-update-milestone-german
The company operates under the brand Tilray. It operates through subsidiaries present in Australia, Canada, Chile, France, New Zealand, Portugal, Ireland, Japan, the Netherlands and the US.
insert-text-here
Yes, I checked that as well. I thought it was a stuntman doing one of those pranks but after digging, it was real. Also, a Democrat registered voter, he was. I don’t have a high IQ but I wonder if I will be capable to understand what level of insanity this man was going through in order to even consider something like this to himself. Well, some people touch rock bottom sometimes (Marriage, Money, Medical condition, etc) that lead them to do something like this BUT DOING SUCH TO HIMSELF FOR POLITICAL PURPOSE ONLY. Gosh, what a fool. He took it to the chest
Some people will never get it, this is a game. Not different than soccer’s game. Fanatics are the ones that take it to the insanity level to the point to kill while at the end, it is just a game. A business for many. Politicians have a chess board on us and we are the pawns. We have to chill.
Either way - Dump is done. WTFU
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