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Decent move higher amid a large volume increase. News of possible Safe legislation prompting the move higher.
That's why DeSantis wants to keep it off the 2024 ballot in FL.
So, which chart are we attributing the runup in the stock price. I think we see a bigger runup once the Senate Banking Committee votes on the markups and brings it to the floor.
With the volume today maybe we'll hit 4.50.
Legal weed sales are slated to top $35 billion this year — and are expected to surpass $70 billion by 2030, according to New Frontier Data.
Video on Maryland opening.
Well are we off to the races this week or next ? Just wondering when the major move is going to happen. From the looks of things, the senate is moving closer to Safe Banking soon. IMO it will pass.
Let Freedom reign in Florida. https://www.marijuanamoment.net/desantis-signs-bill-prohibiting-medical-marijuana-at-florida-recovery-residences-even-if-recommended-by-doctor/
Yep, Florida where freedom goes to die.
Well, well. I guess someone got a chart notification that the stock was going up today. Or was it this news : https://www.marijuanamoment.net/senators-aim-for-marijuana-banking-vote-this-month-in-committee-with-republican-sponsor-open-to-including-expungements-provisions/
I've lived in FL longer than Desantis has been born, why should I move just because he is a fascist idiot. He is the one that should get the hell out of FL. Worst governor ever.
Nice numbers from FL OMMU for the week. Better than last week. Power on.
You are correct voting is the only way to attack the absurdity. Rather than you get what you pay for, you get what you vote for. Vote for an idiot and you get idiot policies. I'm rather tired desantis saying we are free in florida. I never felt unfree until he was elected.
Senate Majority Leader Chuck Schumer (D-NY) is highlighting marijuana banking reform is one of several key legislative priorities that he intends to push through using bipartisan cooperation when the Senate reconvenes next month. The Republican sponsor of the cannabis bill, meanwhile, says this is the “best” time to get the job done—but cautioned that passage could be jeopardized if Democrats move to significantly expand the scope of the legislation.
So we can expect something maybe in July when the senate reconvenes.
The closing price for the Dow Jones Industrial Average (DJI) on January 20, 2021 was $31,186.20. It closed today at $34,318. So the stock market catastrophe trump mentioned did not happen. It goes without saying the stock market does better under democrats.
I agree with you whole heartedly. Desantis is just pulling in grift just like trump. There is no way he gets elected and trump doesn't really have a chance. With the stability biden has brought to the markets I don't think people will be willing to take a chance on desantis or trump. All of this next election depends on the economy. The trump supreme court is making a lot of enemies and I think the most recent ruling regarding affirmative action and abortion has put the republicans out of the running. The stock market is approaching all time highs and wasn't this high during trump's reign. Biden will be forced to do something regarding marijuana before the election. It's really a waiting game. Florida Freedom is just a gimmick being pushed by desantis. I felt more free before desantis started his antics. Rivers' holdings are substantial, but just think if the stock could get back to $50 a share how much she would be worth.
With the republicans like desantis saying he will not legalize, this becomes another election issue they will have to deal with. trump will not make it out of the starting gate, so I think you have to look at desantis as the curmudgeon.
I agree with you. While the story does matter, Safe and other legislation will undoubtedly move this higher, assuming we get a positive outcome. IMO you will see the Biden admin tackle this issue if it hasn't been addressed by congress before the election. So while we wait, I can accumulate more.
So the conflict continues between what the people want and what two people want (Moody and DeSantis). The Free State of Florida (not) https://www.orlandoweekly.com/cannabis/floridas-attorney-general-says-recreational-marijuana-amendment-is-misleading-to-voters-34506618
It wasn't misleading to me. https://www.cannabisbusinesstimes.com/news/florida-attorney-general-brief-supreme-court-cannabis/
A million floridians said put it on the ballot and now we have the "FREE STATE OF FLORIDA" attorney general wanting to quash the thing from getting on the ballot. https://www.cannabisbusinesstimes.com/news/florida-attorney-general-brief-supreme-court-cannabis/ The Free State of Florida is a joke people.
IMO, the Biden administration will eventually do something toward legalization without congress. I'm sure there must be a way to do it, but the Biden admin is probably waiting until closer to the election. That way it gives congress the opportunity to solve the problem and the Biden admin doesn't take the heat from the anti groups.
Your are correct. Neither he nor trump should be near the oval. DeSantis has done more to take away rights of citizens than any other governor.
The House marijuana banking bill got 10 new cosponsors for a total of 57.
Ron DeSantis Says He Would Not Decriminalize Marijuana If Elected PresidentPublished 2 days ago on June 23, 2023 By Kyle Jaeger His administration is currently trying to block a constitutional amendment to put legalization on the ballot.
Schumer Is ‘Confident’ Marijuana Banking Bill Will Pass This Session, According To Cannabis Entrepreneur Who Spoke To Majority LeaderPublished 22 hours ago on June 21, 2023 By Kyle Jaeger
Don't know. Just putting the info out there. We'll see what happens soon.
If you’re following the republicans like Pence and DeSantis then you realize they will not be favoring anything to do with Cannabis. Biden is our best hope for something positive.
IMO by the end of the month we will have seen the Senate Banking committee vote and then bring it to the floor for a vote probably in July.
https://www.marijuanamoment.net/florida-supreme-court-gives-state-attorney-general-two-more-weeks-to-file-briefs-in-marijuana-legalization-ballot-challenge/ Maybe she's busy with the DeSantis campaign.
GE_Jim good thing you didn't wait for these guys to issue a buy since you would be behind 28 bucks on your purchase.
Amazon
— The e-commerce stock added 2.8% on the back of a bullish analyst call. Wells Fargo initiated coverage of Amazon with an overweight rating, saying shares could rally more than 30% as it transitions to its regional fulfillment model.
We are in a trading range I don't like, but patience has worked out in most cases. Sometime this month we'll see the banking committee move on the Safe legislation. IMO it has a great chance of passing the senate without a lot of amendments.
Once Safe gets voted on in the Banking Committee and gets moved to a floor vote, TCNNF will be getting the fuel it needs to rocket higher.
Stock up 7.5% after Senate committee agrees to vote in two to three weeks. Bear flag destroyed, it's all about the news.
https://www.marijuanamoment.net/key-senate-committee-will-vote-on-marijuana-banking-bill-in-next-two-or-three-weeks-chairman-says/ So no news until today. Now stock is heading up.
So it appears there are a number of people that have lost the faith. If you follow any other companies you realize you drop the duds and expand the profitable areas. It’s business.
Trulieve Announces Opening of Affiliated Medical Marijuana Dispensary in Limerick, PA
Yes, they have certainly gotten out of control. Vote em all out. The move by Moody does not help Desantis on the national stage, they of course haven't figured that out yet. As long as they appeal only to the narrow christian right, they will not win on the national stage. Desantis might as well give up running, he's passed so many unfavorable laws in the "Free State of Florida" he'll never be elected president.