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GLAD I own & trade MJNA.
Made a lot of money over the years, rinse repeat.
Good luck, buy the fear.
****WARNING...MJNA has made lots of good traders money!
MJNA gonna launch upwards! Looking SO GOOD!
Good luck to all, I think this is just getting started.
I've traded weed stocks for a decade, MJNA has always been an awesome trade if you know how to do it.
This sleeping giant has legs and is ready to go.
Do you like making money? Not too late here.
'NOUGH SAID.
Just preaching the word of their lobbyists.
It's okay, will be close but this thing is gonna pass. They need to get the public's votes eventually and this is an overwhelmingly popular issue.
Levy about to break, and I expect MJNA to bust free today.
It's gonna pass. MJN$
House set to pass marijuana legalization Friday!!!
RELEVANT.
(The Hill) — The House is set to pass legislation on Friday to legalize marijuana nationwide, an effort that has unprecedented levels of support in both chambers of Congress.
The bill is likely to pass the lower chamber largely along party lines, with most Republicans expected to oppose it.
Proponents argue that legalizing marijuana at the federal level will simply reflect most states’ existing policies that allow it in some form.
They also frame the effort as a way to end the disproportionate punishment of racial minorities and people in low-income communities for possessing and using weed.
And with an overwhelming majority of Americans — as much as 91 percent in a Pew Research Poll last year — backing marijuana legalization for at least medical purposes, Democrats believe it’s a winning issue for them ahead of November’s midterms.
“This landmark legislation is one of the most important criminal justice reform bills in recent history: delivering justice for those harmed by the brutal, unfair consequences of criminalization; opening the doors of opportunity for all to participate in this rapidly growing industry; and decriminalizing cannabis at the federal level so we do not repeat the grave mistakes of our past,” Speaker Nancy Pelosi (D-Calif.) said on the House floor on Thursday.
The bill, titled the Marijuana Opportunity Reinvestment and Expungement (MORE) Act, would eliminate criminal penalties associated with the drug and establish a process to expunge previous convictions from people’s criminal records.
It would further impose a federal tax on marijuana sales to fund programs meant to help communities negatively impacted by so-called “war on drugs” policies beginning in the 1970s.
Friday’s vote will mark the second time that House Democrats have advanced legislation to decriminalize marijuana, after previously passing the measure in December 2020.
But the last effort didn’t gain any traction in the Senate, which was controlled by Republicans at the time.
But now, Senate Majority Leader Charles Schumer (D-N.Y.) has said that marijuana legalization is a top priority, and he has been working with fellow Democrats to unveil a bill this spring.
It’s not yet clear, however, if enough Senate Republicans, or even all Democrats, would get on board for the bill to clear a filibuster.
Supreme Court ethics push faces GOP buzzsaw
Democratic Sens. Joe Manchin (W.Va.) and Jeanne Shaheen (N.H.), whose states have been ravaged by the opioid epidemic, have both expressed skepticism about broadly legalizing marijuana.
Republicans opposed to the legislation say legalization would do more harm than good.
Rep. Pete Stauber (R-Minn.), a former police officer, recalled having to make “devastating” visits to inform people that their family members had died in accidents resulting from drivers who were under the influence of drugs. He warned that legalizing weed could lead to an increase in people driving while high.
“We can all sit here and pretend that marijuana is a harmless drug, but it is not. It clouds your judgment and inhibits your reaction time,” Stauber said.
A smaller number of Republicans support legalizing marijuana.
Rep. Nancy Mace (R-S.C.) has introduced her own bill to legalize cannabis products. But it currently only has three GOP cosponsors: Reps. Brian Mast (Fla.), Tom McClintock (Calif.) and Peter Meijer (Mich.).
Mace’s proposal would set an age limit of 21 for cannabis use. It would also impose a smaller tax on marijuana sales — 3 percent — than the bill Democrats are bringing to the House floor and establish a 10-year moratorium on any tax increases.
The Democratic bill would first establish a 5 percent tax that would gradually increase to 8 percent over five years.
At least 18 states, two territories and the District of Columbia allow cannabis for adult, nonmedical use, according to the National Conference on State Legislatures. More than twice as many states – 37 – allow pot for medical use.
“Americans have made their support for cannabis legalization abundantly clear, and states across the country have taken the lead on cannabis legalization. Now it is time for Congress to take action and finally put an end to the failed policy of prohibition,” said Toi Hutchinson, president and CEO of the Marijuana Policy Project, an advocacy group.
Before final passage on Friday, the House will consider amendments from two centrist Democrats, Reps. Conor Lamb (Pa.) and Josh Gottheimer (N.J.), to study the impact of marijuana legalization on workplaces and schools, as well as the methods that law enforcement can use to determine whether a driver is impaired by weed.
Another amendment up for debate from Rep. Jamie Raskin (D-Md.) would clarify that people could not be denied security clearances because of cannabis use.
While Schumer may face an uphill path to securing 60 votes for broad marijuana legalization in the Senate, proponents may have success with more narrow measures.
The Senate passed a bill by unanimous consent last week that would expand scientific and medical research on marijuana and its compounds.
The House has also passed legislation twice in the last year to allow legally operating cannabis businesses to use banking services and credit cards so that they no longer have to be cash-only.
Rep. Earl Blumenauer (D-Ore.), a co-chair of the Congressional Cannabis Caucus, predicted that the banking legislation had a shot of securing enough bipartisan support in the Senate to pass.
Unlike the MORE Act, which only won the support of five Republicans in 2020, the measure to allow cannabis businesses to access banking services passed in the House passed handily by a vote of 321-101 just under a year ago.
“We have, I think, probably in the low 60s in the Senate,” Blumenauer said.
Looks EXACTLY like monster run starting...this pattern is what happens before a giant move upwards. Should be obvious... MJN$
Looks like this is latest OTC to make a MONSTER run and make me MUNNNNNNNY. Not even close to done...
GREEN EVERY DAY! Load the boat...this is EXACTLY what happens before MJN$ makes a major move upwards.
Perfectly said. MJNA has been an incredible trade throughout the last decade. A big move up and momo run is about to happen...it's simmering but clearly HOT.
Bad time to sit on sidelines, everyday is a fire sale this iceberg is about to MOVE!
MJN$
LOOKS LIKE MJN$ GREEN!
MJN$ GOING UP...'NOUGH SAID.
This is about to EXPLODE.
To not buy now is silly, this thing is finally gonna move.
MJN$
Money money money...
Buckle up.
BOOM. MJN$
Shoulda woulda coulda here we GO!
Could've bought all afternoon MJN$
MONSTER final hour today setting up Monday.
MJN$
I prefer champagne. That's why you trade em. Not done yet.
Beautiful set up here, enjoy the last hour, bet it hits 3 cents.
Nope barely started. Amateur hour.
Yup...this is happening. Buckle up.
Tomorrow will be HUGE.
Tried to warn you....ready to pop. MJN$
That's why you trade it...but it's a great trade and we're clearly bottoming out. Get ready for take off!
History repeat$ itself. It's holding for a reason. Lots of eyes ready to pile on the next run. Not a matter of if just when... Right day and BOOM it's coming... Not like this market runs on fundamentals anymore. Buckle up.
I smell a run coming... MJNA$$$
Bet it runs like a train into the bell.
Bye Bye 12 and 13, MJNA looks so GOOD$.
If incoming administration would clear the air about their plans, these stocks will really run. Hope this holds and builds, GLTA. Pressure is building and 13's are great but we need a serious move up.
They're the worst. Read Ventura's Marijuana Manifesto if you want some factual information about the DEA that will make you vomit. They are a cartel, they are against the people. FACT.
a TON of strength @ 12 cents...NICE.
Actually, while speculative, one of the best potential plays out there if it works. If she dips, I'll add. Volatile yes, if everyone could predict when they run you would't be trying to scare people and trash the pps, you'd move out of your apartment to the islands these companies will someday afford (smart) people. At some point if the legal climate changes all that dilution will have paid off. Anyone with a brain knows it's all speculative until Fed/Banking laws change. I'm in. GLTA.
Inevitable here. Looks good.
I think a lot of eyes on this, watching, ready....
Nice support on a Friday afternoon.
This is what's had me nervous...can't be much longer...but might not get there in 2016.
and I hear you TD...will be interesting to see if it holds until then. Think your prediction is fair.
Really need some clarity from administration! That's sidelining the real money...