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GOP Rep. Files First Cannabis Bill In New Congress Addressing Medical Marijuana Patients' Gun Rights.
Last weeks sales per FL OMMU, just florida.
99,945,421 mgs medical THC
1,448,377 mgs Low THC
39,058.028 oz smokeable.
Nice numbers.
Looks like your Amzn might be paying off now.
Looking for more shares 5-6 range. My dry powder can wait though. Looking like we’re in the 7 range until something happens.
Looking for more shares 5-6 range. My dry powder can wait though. Looking like we’re in the 7 range until something happens.
Connecticut’s regulators, meanwhile, are touting the success of the first day of recreational sales in the state, with the Department of Consumer Protection (DCP) calling it a “smooth” opening that saw $251,276 in marijuana purchases by 5 PM ET on Tuesday From an article in marijuana moment .
Massachusetts Recreational Marijuana Sales Are About To Cross The $4 Billion Mark. TCNNF has dispensaries in this location.
No surprise.
No sales numbers from FL OMMU this week so far.
My biggest percentage loser today TCNNF down 4%. Oh well.
My biggest percentage gainer today is TCNNF up 11.34 % .
DeSantis and his wanna be legislators are a joke. Unfortunately we have no options until the next election. DeSantis is most likely worse than trump. We need to keep him far away from the top job.
They finally posted sales numbers today for last week. :
138,585,195 mgs THC
2,191,187 mgs Low THC
48,827.64 smokeable
Awesome numbers.
An article about the man who called wolf. https://www.marijuanamoment.net/schumer-makes-pledge-to-tackle-federal-marijuana-decriminalization-next-year/
They need to change the name to Trump Cannabis that way they don't have to pay taxes.
Personally, I don't try to influence any buying or selling (not that I could anyway). All I can say is I haven't sold any and bought more in the 6's. There is no way to pick the bottom and I think in Jan we will move a little higher. There is nothing newsworthy that will cause the stock to drop any further at this point (unless some major news comes we are not anticipating). IMO the stock was oversold the last couple of weeks for sure, now we will climb some, even though we will have ups and downs on a daily basis. Long and Strong.
Don't think we're getting a weekly update from FL OMMU this week. Hasn't shown up yet.
Hope everyone has a great Christmas. We'll see if there is any follow through next week. I don't think it went up 14% based on news some lawyers were going to sue the govt. That would take a while to get through the courts most likely.
Yep. Love the LP.
Something happening here. What it is isn't exactly clear. What I do know is the stock is up .87 today at 2:18pm
UP .79 at 1:25 pm today.
So when was the last time you saw a CEO making millions take a pay cut when they faced layoffs. It don't happen very often. I commend your doing it with your employees, but it doesn't happen much.
Seems to me a lot easier way around the do nothing senate. Just have Biden's admin do it.
So now there is an additional 90million in the bank account. Where do they spend it ? I'm thinking a buyout somewhere.
I'm thinking they can pick up some licenses on the cheap pretty soon. Now that Safe did not pass, the smaller outfits have few options for funding or expansion. It will play out as consolidation and TCNNF can pick up assets at a discount.
Looks like a pretty good deal to me. I doubt that property and associated buildings cost TCNNF 71.5 million. The interest rate seems to be favorable also.
https://www.sec.gov/ix?doc=/Archives/edgar/data/0001754195/000119312522310046/d410972d8k.htm
From above.“We are pleased to announce this non-dilutive financing at industry leading terms, particularly given the current macroeconomic backdrop,” said Trulieve Chief Executive Officer, Kim Rivers. “This loan provides Trulieve greater flexibility as we focus on improving cash flow in 2023.”
Well. Others might be afraid of the market, but I bought more today. Couldn't pass up this low price.
I doubt your chart reading hurt you any. You took a gamble that the Senate wasn't going to pass Safe + and it worked out for you. We'll see what happens next..
It's only going to weed out the small outfits and keep competition from expanding. So it will have a dramatic affect on TCNNF competitors.
So without any legislation going forward IMO that puts the smaller companies at a real disadvantage in their ability to survive and presents opportunities for the larger MSO's to expand at a cheaper cost. Consolidation might be on the way.
Charts do work for some companies. I don't think anyone can argue that all of the companies you referenced going down yesterday were influenced by charts. The whole sector was influenced by the news IMO that the senate was not including Safe or marijuana legislation in the Ominibus Bill. So now it's up to Biden and his admin to reschedule or do something via Executive Order. Total failure by Schumer and obstruction by repubs.
Re: GE_Jim post# 16191
Saturday, December 17, 2022 10:50:56 AM
Post# of 16213 Go
Basically you were trading on possibilities of SAFE going through and not going through. It’s that simple. Prove me wrong by giving me a prediction for mondays action.
Well, now Biden needs to use his executive pen to get some stuff done. He will know what congress will and won't put through, so no use waiting on congress to get any additional marijuana legislation done.
Marijuana Banking Bill Excluded From Year-End Spending Measure
Story by Jarrell Dillard and Erik Wasson • 1h ago
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