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End of day price drop in cannabis stocks explained:
VWAP 2.75, uP on less than average volume,
AYWWF warrants VWAP Down to 1.59 on less than average volume.
DEA rescheduling announcement made May 1st (4 days after Mercury went Direct),
SAFE may pass, maybe still able to be attached to FAA bill, and may also be attached to a stablecoin bill with major GOP support (guessing some action today or tomorrowish),
Call for descheduling is made.
Ohio may start mj sales in June, rather than September.
MJ bills to help Veterans being advanced for passage by Congress,
CBD found to be a powerful treatment for crack cocaine disorder.
Schumer, Booker, & Wyden filed a legalization bill.
I expect prices to be mostly inclined toward the upside until mid-May (and beyond if Q1 is good).
Stock consolidating as we wait now on word from the OMB (nothing there on marijuana rescheduling since May 1st),
9 days to AYR earnings report...
Exciting times for us!
VWAP 2.57, Down on a bit less than average volume!,
AYWWF warrants VWAP Down to 1.74 on about 1/6 the average volume!
DEA rescheduling announcement made May 1st, 4 days after Mercury went Direct.
SAFE may pass, maybe still able to be attached to FAA bill, and may also be attached to a stablecoin bill with major GOP support.
Call for descheduling is made.
Ohio may start mj sales in June, rather than September.
MJ bills to help Veterans being advanced for passage by Congress,
CBD found to be a powerful treatment for crack cocaine disorder.
Schumer, Booker, & Wyden filed a legalization bill.
I expect prices to be mostly inclined toward the upside until mid-May (and beyond if Q1 is good).
Stock consolidating as we wait now on word from the OMB (I just checked it, nothing there on marijuana rescheduling since
May 1st).
12 days to AYR earnings report...
Happy weekend, all !
Exciting time for us!
AYRWF short report:
https://otcshortreport.com/company/AYRWF
VWAP 2.59, Down on slightly less than average volume!,
AYWWF warrants VWAP Down to 1.78 on about half the average volume!
DEA rescheduling announcement made 4 days after Mercury went Direct.
SAFE may pass, maybe still able to be attached to FAA bill, and may also be attached to a stablecoin bill with major GOP support.
Call for descheduling is made.
Ohio may start mj sales in June, rather than September.
MJ bills to help Veterans being advanced for passage by Congress,
CBD found to be a powerful treatment for crack cocaine disorder.
Schumer, Booker, & Wyden filed a legalization bill.
I expect prices to be mostly inclined toward the upside until the end of April, and now extend that to May 15th (and beyond if Q1 is good).
Stock consolidating as we wait now on word from the OMB.
13 days to AYR earnings report...
VWAP 2.94, Down on more than twice the average volume!,
AYWWF warrants VWAP uP to 1.87 on more than 3 times the average volume!
DEA announcement made yesterday!!! 4 days after Mercury went Direct.
SAFE may pass, not able to be attached to FAA bill, but may still be attached to a stablecoin bill with major GOP support.
Call for descheduling is made.
Ohio may start mj sales in June, rather than September.
MJ bills to help Veterans being advanced for passage by Congress,
CBD found to be a powerful treatment for crack cocaine disorder.
Schumer, Booker, & Wyden act to file a legalization bill.
I expected prices to be mostly inclined toward the upside until the end of April, and now extend that to May 15th (and beyond if Q1 is good).
Waiting now on word from the OMB.
A consolidating dip is expected after yesterday's rally.
Morning MMs going to lunch soon.
Lunchtime MMs will take it up and then gravitate toward the VWAP, imo.
Volume looks above average so far today, especially on the warrants.
This is the website where comments will be made once the DEA publishes the OMB-approved proposal in the Federal Register:
https://www.regulations.gov/
Here's the link to the White House Office of Management &Budget (OMB). Once the DEA proposal is approved by them, it will then be published in the Federal Register:
https://www.whitehouse.gov/omb/
VWAP 3.03, uP on almost 10 times the average volume!,
AYWWF warrants VWAP uP to 1.91 on more than 10 times the average volume!
DEA announcement made today!!! 4 days after Mercury went Direct, and with the Moon In Capricorn, a favorable mood for marijuana, since Capricorn is the sign that characterizes cannabis.
SAFE may pass, not able to be attached to FAA bill, but may still be attached to a stablecoin bill with major GOP support.
Call for descheduling is made.
Ohio may start mj sales in June, rather than September.
MJ bills to help Veterans being advanced for passage by Congress,
CBD found to be a powerful treatment for crack cocaine disorder.
I expected prices to be mostly inclined toward the upside until the end of April, and now extend that to May 15th (and beyond if Q1 is good).
I haven't seen the DEA news/proposal in the Federal Register yet, but they publish at end of day. Will show when I see it.
Congrats to all holding patiently!