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nilremerlin

05/09/24 5:13 PM

#1935 RE: nilremerlin #1931

VWAP 2.43, Down on slightly over half the average volume,
AYWWF warrants VWAP even at 1.43 on 1/6 the average volume.
DEA rescheduling announcement made May 1st (4 days after Mercury went Direct...post-shadow final review period not over until May 15th, so maybe no final word until then & after),
SAFE may pass, maybe still able to be attached to FAA bill, and may also be attached to a stablecoin bill with major GOP support,
Call for descheduling is reiterated.
Ohio may start mj sales in June, rather than September.
MJ bills to help Veterans being advanced for passage by Congress,
CBD found to be a powerful treatment for crack cocaine disorder.
Schumer, Booker, & Wyden filed a legalization bill.
DEA head Anne Milgram says she can't comment on the rescheduling because the administrative rule making process is ONGOING.
I expect prices to be mostly inclined toward the upside until mid-May (and beyond if Q1 is good).
Stock consolidating as we wait now on word from the OMB (nothing there on marijuana rescheduling since May 8th),
6 days to AYR earnings report, and probably until the DEA proposal unveiling, imo...
Exciting times for us!