Thursday, February 10, 2022 3:45:30 PM
Schumer's morning stimulus message is already giving way to cannabis profit taking.
Earlier day gains in my cannabis portfolio have been shaved over 80% in some cases.
The enthusiasts who think cannabis stocks are shooting to the moon might be right, but IMO until legalization is signed into law, we can forget about all time highs.
The only other path I see to all time highs is via smoking or enjoying a few edibles.
I want more than the SAFE banking act, but right off the bat we don't need more than full legalization and equity for the former and currently imprisoned people due to non-violent cannabis crimes, to make cannabis stocks rocket skywards.
Do you know that Illinois has a social equity provision in there legalization state law? See this recently tweeted post by Ben Klover, CEO of Green Thumb
955 days! 🇺🇸
— Ben Kovler (@Bkov9) February 4, 2022
955 days ago Illinois legalized cannabis & promised new licenses to minorities that have been hurt by the failed war on drugs.
955 days later ZERO social equity dispensary licenses have been issued.
955 days of #FAKEQUITY
955 days. Who is in charge?$GTBIF $MSOS
Waiting on all of the social equity issues at the Federal level is the wrong strategy. It's hard enough at the state level.
Please, just take a smaller bite out of the apple.
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