If you didn't know, this hit $51 not too long ago, and we are in well better shape now than then on all fronts.

My understanding they will pull that lever as soon as that door becomes unlocked. My gut tells me we will be uplisting early next year as everyplace seems to be legalizing and validating the legitimacy of this industry. Once schedule 3 happens my guess is the key is in the slot to unlock

Yeah, imo yes on 3 will pass in Florida. Lots of people climbing aboard!

https://www.forbes.com/sites/ajherrington/2024/10/21/new-poll-shows-66-of-voters-support-florida-weed-legalization-bid/

I believe we are extremely bullish on tbe chart too! Any chart guru welcome to comment!

We have rescheduling in December, and I keep hearing safe in the lame duck (isn't that about over if not already?). So if we get yes on 3 too, definitely.

Yeah, assuming yes on 3 happens we investors are in a primed position

Per below..probably trying to take back the topic as trump took the lead since July. Maybe the topic comes to be a common discussion over the next month. What I'm really getting at is, no matter who wins, they are both in favor for medical and recreational which is great news for investors. It also proves the point that whoever wins, the dea and attorney general will slow them down even though they work under them for the most part. It's going to happen as it's just a matter of when. Vote yes on 3 when that most likely gets voted and approved in Florida will be what I believe as breaking down a large wall for recreational to just get legalized federally by the power of the people.

https://www.marijuanamoment.net/kamala-harris-blames-marijuana-rescheduling-delay-on-dea-bureaucracy-while-defending-her-own-prosecutorial-record/

They said their margin was probably not going to be as high as last time being exceptionally good that earnings, I believe this will be the first earnings since Ohio went recreational, which my understanding has been one of the best rollouts. We also have more dispensaries come online. Overall I'm expecting even better numbers than last time. Not sure what the people doing this for a living will say, but I'm sure they are bullish as well

Just another tick in our direction!

https://themarijuanaherald.com/2024/10/us-house-bill-to-deschedule-marijuana-nationwide-and-allow-expungements-gains-96th-sponsor/

Does DeSantis have to approve each of these? Seems like I read that somewhere at some point.

Yeah, it's a matter of when it's going to happen. Show.me tbe $ over the next 2 months!
https://www.benzinga.com/markets/cannabis/24/10/41233018/exclusive-ross-gerber-sees-tsunami-of-money-pouring-into-cannabis-companies-upon-federal-legaliz

It's florida corrupt gop. Remember trump is for amendment 3 and rescheduling, so the head of the GOP is for all tbis. Just correcting the generalization is all.

Still looking bullish and Kamala also added some good comments yesterday about this industry.

Nice green day, hopefully just lagging tcnnf. I did see where a person contacted IR about the ceo departure and that person basically felt confident it's actually going to be good overall. I'm hopefully and will be interested in some public info

Another strong day! Imo we keep going up overall for months to come.

Keep hearing more and more chatter. This would be huge if it did get brought to the floor during the lame duck. Probably won't happen but would be huge if it did
S. 2860, SAFER Banking Act

As reported by the Senate Committee on Banking, Housing, and Urban Affairs on September 28, 2023

https://www.cbo.gov/publication/60785

I'm not sure how florida handles their system. Will they have early voting and have things posted throughout the day or even earlier than election day?

https://www.orlandoweekly.com/cannabis/committee-aiming-to-legalize-recreational-marijuana-in-florida-raises-over-100-million-37849966

Any details yet? I haven't seen any. So perplexed

Nice. "Thechartguy" said we have a confirmed bull flag. He has been pretty good calling things since I saw him a few months ago. Up and up we should go if he is right! I believe!

To expose the double standards in Governor Ron DeSantis's stance on the hemp industry versus his opposition to recreational marijuana, here are some key points and contradictions:

## Veto of Hemp Regulation Bill (SB 1698)
- DeSantis vetoed SB 1698, which would have regulated and limited the sale of hemp-derived products containing delta-8 and delta-9 THC. He argued that the bill would impose "debilitating regulatory burdens on small businesses" and fail to achieve its purposes.
- **Contradiction:** While DeSantis advocates for "sensible, non-arbitrary regulation" of hemp products to protect public health and safety, he simultaneously opposes similar regulatory frameworks for recreational marijuana, claiming it would lead to widespread negative impacts.

## Support for Hemp Industry Interests
- DeSantis's veto was seen as a lifeline to the hemp industry, which had warned that the bill would decimate their businesses and cost Florida thousands of jobs and millions in revenue. The hemp industry has pledged significant financial support to DeSantis's campaign against the recreational marijuana amendment.
- **Contradiction:** DeSantis is willing to protect the hemp industry from stringent regulations, allowing them to continue selling products with psychoactive effects, but he opposes recreational marijuana legalization, citing concerns about public health and safety.

## Regulatory Double Standard
- DeSantis suggests that the hemp industry should be regulated to ensure purity, potency, and safety, with guidelines for labeling, packaging, and advertising that prevents appeal to minors. However, he does not apply the same logic to recreational marijuana, instead advocating for its outright rejection.
- **Contradiction:** The governor's call for balanced regulation of hemp products contrasts sharply with his opposition to regulating recreational marijuana, which could also be subject to similar safety and labeling standards.

## Public Health and Safety Concerns
- DeSantis argues that the lack of regulation in the hemp industry could lead to products containing dangerously high levels of THC or other harmful substances, posing risks to young people. Yet, he allows the hemp industry to operate without these regulations while opposing recreational marijuana on public health grounds.
- **Contradiction:** By permitting the hemp industry to continue selling unregulated products, DeSantis is exposing the public, including minors, to potential health risks, which he claims to be concerned about in the context of recreational marijuana.

## Financial Influence and Lobbying
- The Florida Healthy Alternatives Association, a hemp trade group, has paid significant amounts to lobbyists, including those closely tied to the Republican Party of Florida. This financial backing is linked to DeSantis's opposition campaign against the recreational marijuana amendment.
- **Contradiction:** The financial influence of the hemp industry on DeSantis's decisions highlights a double standard where he is willing to accommodate the interests of one industry (hemp) while actively opposing another (recreational marijuana) based on similar concerns.

## Public Statements and Rationale
- DeSantis has expressed concerns about the smell of marijuana and its potential prevalence in public spaces if recreational marijuana is legalized. However, he does not apply the same concern to the widespread availability of hemp products, which also contain psychoactive cannabinoids.
- **Contradiction:** The governor's public statements against recreational marijuana due to concerns about public order and quality of life do not align with his actions in protecting the hemp industry, which also sells products with similar effects.

In summary, Governor DeSantis's actions and statements reveal a clear double standard:
- He supports and protects the hemp industry from regulation, allowing it to operate with minimal oversight despite potential public health risks.
- He opposes recreational marijuana legalization, citing concerns about public health, safety, and quality of life, despite the possibility of implementing similar regulatory measures to mitigate these risks.

This inconsistency suggests that DeSantis's opposition to recreational marijuana is influenced by the financial and lobbying power of the hemp industry, rather than a consistent commitment to public health and safety.

To expose the connections and motivations behind Governor Ron DeSantis's actions regarding the hemp and marijuana industries in Florida, here are the key details and facts:

## Veto of the Hemp Regulation Bill (SB 1698)
- Governor DeSantis vetoed Senate Bill 1698, which aimed to restrict the sale of hemp-derived products containing delta-8 and delta-9 THC. This veto was crucial for the hemp industry, as the bill would have imposed stringent regulations that could have severely impacted their operations.

## Financial Support from Hemp Industry
- Following the veto, hemp executives pledged $5 million to the Republican Party of Florida to support DeSantis's campaign against the recreational marijuana legalization initiative (Amendment 3). This financial commitment was discussed in a WhatsApp group named "Save Florida Hemp," which includes over a thousand members from the hemp industry.

## Industry Influence and Lobbying
- Key lobbyists from the hemp industry, such as Evan Power and Bill Helmich, who are also leaders of the Republican Party of Florida, played a significant role in advocating for the veto of SB 1698. Power is the chairman of the Republican Party of Florida, and Helmich is the party's interim executive director. Their involvement underscores the deep ties between the hemp industry and the Republican Party.

## DeSantis's Acknowledgment of Industry Support
- DeSantis seemed to tacitly acknowledge that part of his reason for vetoing the hemp ban bill was to gain the support of the hemp industry in his opposition to the marijuana legalization ballot initiative. He mentioned that the marijuana industry's support for the hemp bill factored into his decision, indicating a strategic alignment with the hemp industry.

## Regulatory Favoritism
- By vetoing SB 1698, DeSantis preserved the hemp industry's ability to sell products containing delta-8 and delta-9 THC, which are marketed for their euphoric effects similar to marijuana. This move was seen as a victory for the hemp industry, which had warned that the bill would effectively shutter their businesses and cost the state thousands of jobs and millions in revenue.

## Public Statements and Rationale
- DeSantis justified his veto by stating that the bill would impose "debilitating regulatory burdens on small businesses" and fail to achieve its safety objectives. He suggested that the Legislature reconsider the measure in the next session and work with stakeholders to create a more balanced regulatory framework for hemp and hemp-derived products.

## Opposition to Recreational Marijuana
- DeSantis has been vocal in his opposition to Amendment 3, which seeks to legalize recreational marijuana in Florida. The hemp industry's financial support is aimed at helping DeSantis's campaign against this amendment, reflecting their vested interest in safeguarding their market against potential disruptions from legalized recreational marijuana.

## Names and Roles
- **Ernie Ciaccio**: A hemp industry representative who emphasized the importance of their financial backing to support DeSantis's stance against the recreational marijuana amendment, framing it as a demonstration of solidarity rather than a quid pro quo.
- **Evan Power**: Chairman of the Republican Party of Florida and a key lobbyist for the hemp industry. His role highlights the close relationship between the hemp industry and the Republican Party.
- **Bill Helmich**: Interim executive director of the Republican Party of Florida and another key lobbyist for the hemp industry. His involvement further illustrates the industry's influence within the party.
- **Jonathan Solomon**: Founder of a company involved in the hemp industry, who spoke against SB 1698 and advocated for regulating hemp products similarly to medical marijuana products.

In summary, the evidence suggests that Governor DeSantis's veto of SB 1698 and his subsequent actions were significantly influenced by the hemp industry's interests. The financial support pledged by the hemp industry to the Republican Party of Florida, the involvement of key lobbyists, and DeSantis's public statements all indicate a strategic alliance aimed at opposing the recreational marijuana legalization initiative while protecting the hemp industry's interests.

I have a gut feeling something sooner than later is going to happen with safe banking. Lots of chatting about how it's not going anywhere and frustration levels are high. Just a feeling...nothing more.

https://www.marijuanamoment.net/key-senator-tours-marijuana-business-and-promotes-banking-bill-amid-growing-industry-frustration-over-inaction/

Sweet... filled today on a dip! We go up now. Haha. Hopes it does anyway

Btw, hopefully weak hands as i have a nice buy order in around the 1st level of support!

I agree with them and view it as not material to the big picture. Id be more interested why Kim sold shares.

Always wonder what's going on when this stuff happens.

https://ir.ayrwellness.com/news-events/press-releases/detail/239/ayr-wellness-announces-changes-to-management

That's extremely naive in my opinion and I've been aware of it for a very long time. The farm bill gets redone every few years and I believe this is the year it's getting tweaked to close the loopholes you seem to be concerned about. This will wipe out that industry giving out toxic/unregulated crap to people. This is hardly a concern for the medical industry. As for recreation, it's all about to change, but again, not the way you seem to be concerned about. If you are short on tbe cannabis industry, I think you are on the wrong side as vote yes on 3 is looking promising and rescheduling will most likely go through as well being the dea accepted the two dtep process about medical value to cannabis

Just so we all know, Kim sold some shares at 11.32.

No complaints from me!

I guess maybe the original issue is it was posted before we had all the media excitement... here is the link.

https://www.marijuanamoment.net/trump-backs-federal-marijuana-rescheduling-and-cannabis-industry-banking-access/

Today's jump is because trump mentioned he will push safe banking, and schedule 3. Take that and his vote yes on 3 in Florida, we should be in good shape!

My post 7hrs ago is why the big jump on price today. It's was on topic about how the trump announcement of pushing safe banking, schedule 3, as well as vote yes on 3 in florida. So the safe banking was awesome to hear. Sadly I hope those here go to see this!

Didn't validate it myself but I just read we are opening 3 more stores in Florida tomorrow (today). Very nice.

Hopefully that didn't come off thinking I was saying that he plans to change vote yes on 3. As that would be pretty naive to say. If you watched his interview on cannabis, I got the impression his opinion would be that if recreationally legal, he would prefer responsibility and respect about public consumption. I'm in NYC often and kinda agree as I smell it everywhere, I like the fact it's legal for them, but would prefer they didn't have it blowing around my kids. Even alcohol has some restrictions which most people respect. I believe this is the type of "guidance" he was talking too for states that do legalize it. Thoughts?

https://www.streetinsider.com/dr/news.php?id=23692580&gfv=1

Also, this.most likely puts to bed the debate about schedule 3, as he said it has medical value. So this means he would put pressure on his ag if it's not already done when he gets in as well

Exactly. I kept saying such for quite a while. He said many many times he was for medical cannabis since 2017ish. I was not sure how he would vote for yes on 3/florida recreational, but gambled that he would vote yes being it's a state issue. Im.sure he will have stipulations as NYC does stink everywhere, and I believe Kim Rivers also mentioned in the past about being respectful when using it

With florida yes on 3 and rescheduling it might spike that high or even higher, but I'm not sure if it will hold until we uplist