Biden pardoned all people convicted of cannabis possession under federal law and has directed states do the same.

Schedule 13G just dropped, ETF Managers Group owns 5.08% of shares.

Too much movement too quickly, that was expected, however still a day and a good close.

Looks like a good morning.

I should also add to my previous post that again this was a Q2 report, Q2 was not good all around with the increasing inflation, bearish market, etc. So like yeah of course the SNDL investments were shit in Q2, everyone's investments and 401ks etc were shit. However, the actual company besides the investments were very solid for the Q2 period. Things overall for investments have improved this quarter so far.

Mostly through the investments, the company besides that actually looks really good. Honestly it's quite annoying when people only look at revenue and total losses because those two numbers don't tell the full picture.

Because most companies pick a time and stick to it. Also Fridays generally don't have much affect, in fact Fridays can generally have more scrutiny. So hiding a bad report after hours on Friday doesn't actually do much, if a company wanted to hide it then after hours during a busy day any other day of the week would be best.

Mornings and afternoons are also not generally ideal for a lot of people to get on a call, so after hours more people are free. There's a number of factors to consider for the times companies choose.

"Buy the rumor, sell the news" is a pretty common tactic, but uhh a lot of stocks are down today so looks to just be broader market movements.

Of course it would be a 180 day extension that really moves the stock up.

It's almost like this is a broader market movement and not specific to this one stock.

Most of the downward movement seems to be a market trend rn.

All retail traders are holding so MMs are making penny trades basically. But if it keeps closing above $1 then that's good for compliance.

It's because they fell below $1 on the 30 day average, the notice was released last week on that. They just have to close above $1 for 10 consecutive days before Nov 22 for that to go away.

And the compliance notice was just posted, so they have till Nov 22nd to meet requirements. This was expected and not news so much as official with dates.

The 30-day average fell below $1 on May 3rd, so basically they have until Novemver 3rd to maintain 10 consecutive days above $1.

The date previously mentioned was before the February stuff happened and the price maintained being above a dollar for well over 10 days.

I'm not sure you understand how THC works, how different strains work, how growing works, or really what determines if a product is good.

High THC sells well sure, but largely because people don't understand that high THC doesn't mean you will have a better high or be more high. It's not indicative of the quality of the product either. Unless you mean edibles then yeah the amount of THC will matter, but that's it.

So uhh with the SEC changes that will take effect by the end of September, EVIO needs to get on their Financials and reporting them. It's really annoying they've struggled with that they had been doing good getting them up to date and then fell off again.

Yeah I mean like all around it's this shit, just halting because retail investors making them hurt. But like if all of these are considered manipulation then like what the hell is Tesla, because for the longest time is was posting losses and it's still only making a profit because of credits stuff.

It's being halted because NASDAQ is claiming manipulation basically, which is such bs. Institutional investors are just pissed.

https://www.businessinsider.com/nasdaq-monitors-social-media-halts-unusual-trading-friedman-market-manipulation-2021-1

Considering all the reddit GME stuff going on, what if someone went into that wsb reddit and mentioned EVIO?

Like just curious, also been in EVIO for a long while now, just I don't post.

Apparently good things?

Should be a good day, but I still wish the RS didn't happen.

Ugh if only they waited on the RS though, seriously.

End of April, beginning of April would be better.

Yet Tesla operates at crazy losses... stock prices are batshit insane honestly.

But yeah doing a 1:105 RS with no notice and 2 weeks before fins, totally doesn't smell at all.

I never made that claim. I'm just calling you out for either not understanding how the platform you trade on handles reverse splits (which if you've never had one before ok) or spreading fud when you know exactly how etrade does reverse splits. I.e. they suck at handling them, it pretty much should be an automated process and they shouldn't charge you roughly $30 to do it (on top of commissions they probably make a stupid amount of money when reverse splits happen).

Apparently you don't know how an RS is handled by eTrade.

Why do we have non EVIO news in the news feed?

Hoping they get a lab in MI some time next year.

Also not a useful time to market. I mean I do and will continue to use Fluticare

Didn't they also mention that Q4 they don't do much marketing except right at the end of the year for the push into Q1? Honestly marketing is a huge expense, if they are building dedicated subscriptions smthose people won't need to be marketed to. I.e. marketing is high when building and pushing products out there, but once they have enough subscription they can and should cut back on marketing.

Been a while since I've posted here, wanted to mention that I've been using Fluticare. I don't even use it for allergies, I have this weird post nasal drip I get after eating (almost like saliva production doesn't stop), anyway it works well against that. My doctor recommended anything with fluticasone, i.e. like Flonase.

Now EVIO has a year to get a lab up and running in MI. I mentioned a while back they needed to look here, the prop was going to pass by a lot and it did.

Now that's a close.

What caused this push?

I was going to say the same thing.

Or as probably most/some of us do. If your company provides a 401k, max that out each year (Roth, based on age) or open a Roth IRA and max that each year. At least you have something that will constantly grow. Potential gains are lower but it's much safer (Though this year everything is a bit rocky, but don't let that worry you). Then you can play with stocks with whatever else you have.

So I hope none of us expected it to look good, it wasn't going to. Yes revs are down for the 3 months from last year. Not looking at any expenses or debt, that we know wasn't going to look good because they spent a lot in Q2.

None of the labs purchased in part or in whole during Q2 would be generating any revs. Nothing for CA was going to hit until after July and even that can take some time. Especially because most harvests happen between September and October, and generally harvests happening on the even months. It does also depend on if they are growing indoors or outdoors.

You can be sure there are a lot of growers that still weren't adequately prepared for July, i.e. they didn't plan their harvests accordingly or were still using shit that would fail testing. No reason for them to try to get that stuff tested, but probably at least for a bit they will try to black market it anyway. Either way, it would create some lull in testing until the larger harvests. We know it will take time, we know there are costs.

We also know that there's likely to be more states passing rec later this year. Those will also take time to get up and running, but can create additional opportunities for labs.

Yes the Q2 isn't good, didn't expect it to be, I expected it would look horrible. Not being optimistic, just realistic.

Which hopefully people understand this. And not expecting to see amazing results Q2 or something. Also they did a lot of lab buying Q2.

Oh look, a predictable spot for people putting stop loss. As always only needed to touch it to drop the price.

Not worried though.