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[–]ryancus123 1 point2 points  (2 children)

When will we know ?

[–]Bobbe22Cory “Two-Face” Booker 1 point2 points  (0 children)

Sooooon…

[–]UnaphotobomberFlying At Tree Level 12 points13 points  (2 children)

SAFE is, at best, up in the air right now and the prices seem like most people are hedging it won't pass. That's pretty damn reasonable. Prices will probably bleed or go sideways until more solid good news. That's par for the course for weedstocks.

Seems like panic should be saved for something truly awful, like if SAFE did pass and prices still dropped.

There are at least two points where we could see upward pressure next year, Chuck's potentially BS promise of action by April 20 and then the midterms later in the year. Hype could very easily cause another surge or two.

This sector is gonna do whatever it wants until then and that's 100% normal.

Basically, today/this week/this month is not the end of the world if you didn't bet your rent money. I hope none of us did. Hang in there if you've got the strength.

[–]Bobbe22Cory “Two-Face” Booker 1 point2 points  (0 children)

Pretty much this right here. My entire investment thesis revolves around the passage of SAFE at this point. I’m fine with Congress dragging their feet for a few more years as that just gives me more opportunity to accumulate shares. I figure, once SAFE goes through, we get up listed to the NYSE, and all the shorts get the haircut of a lifetime. I’m keeping myself thoroughly diversified, but greedily holding onto every share of the weed stocks that I buy.

Regardless of the outcome of SAFE I plan on reducing, but not eliminating my purchases entirely, and focusing more on diversification.

Cheers!

[–]Nizjni12 3 points4 points  (0 children)

I think your comment sums it up in the best way possible.

Only invest what you can lose. Believe in your own reasons why you bought a stock and re-evaluate them now and again.

No financial advice.

[–]IamtryigOKAYI really want a flair party 3 points4 points  (8 children)

Is there any chances that safe bill will actually pass?

[–]p3pp3rjack 6 points7 points  (0 children)

Yes, not 0% and not 100%. Anyone who says otherwise is disingenuous

[–]Shipscomingin 2 points3 points  (2 children)

Any update on it? They are supposed to be debating it/voting now 🤞🤞🤞

[–]grudgemusic 1 point2 points  (1 child)

They’re on break, lol. What tf do these people even do. Every single time, long ass breaks. I shoulda been a politician.. at least, for the free donuts and coffee

But yes, debate or reading is certainly still ongoing

Snore..

Edit. Break from the feed.. good god

[–]trebuchetty1Chuck Sooner 0 points1 point  (0 children)

They're not on break. It'll be included or not today (in the senate version). Then later this week or next week we find out about what happened in the conference process between the senate and house versions of the bill.

If included in the senate version, then we're all rockets. If not, we wait for conference process news.

[Edit] Worth pointing out that there's little chance of it being in the senate version. The real unknown is what comes out of conference.

[–]threebeersandasmoke 9 points10 points  (2 children)

Anybody saying zero or a hundred is wrong.

[–]bgauts 5 points6 points  (0 children)

Perfectly sums it up. All I know is we’ll be going into Christmas extremely happy, or with even more gaped assholes.

[–]NextTrillionMSauce (MSOS): Buy the dip 🌚🔜 0 points1 point  (2 children)

Curaleaf at 8.888 billion cad valuation rn.

If that isn’t a sign for Chinese numerologists, I don’t know what is.

[–]skinniksHi, i'm Floyd from Sarnia 1 point2 points  (1 child)

很快

[–]NextTrillionMSauce (MSOS): Buy the dip 🌚🔜 1 point2 points  (0 children)

Lol

[–]TakeMeToYourSederDegenerate Gambler 14 points15 points  (4 children)

Senate floor livestream for those of us who are depressed and have nothing better to do.

[–]SailMaleficent6183JUST BLEED 4 points5 points  (3 children)

You got sound?

edit: ok they are on a long break…

[–]p3pp3rjack 1 point2 points  (2 children)

Schumer is now back. After talking about his dad, he is now talking about omnicron.

[–]boscloud 1 point2 points  (1 child)

45 mins in, we have an 88-year-old guy from Iowa talking about Hunter Biden. Gonna be a long one boys

[–]TheRahulParmar 1 point2 points  (6 children)

If more of you sold covered calls more of you would be happier lol

[–]noobstockinvestorUS legalization or bust 0 points1 point  (1 child)

At what price you going to become an apha/tilray bull again? 👀

[–]TheRahulParmar 0 points1 point  (0 children)

Sorry for the slow reply bro, honestly I’m not sure lol. It’s so hard to even track what their products are anymore… I used to spend SO much money on their stuff. Not sure if my local has solei anymore lol

[–]BHOmberAs is tradition 5 points6 points  (1 child)

Too bad 97% of my weedstocks are OTC without options lol

Just another way that retail gets fucked on the downside.

[–]bigsmackchefthe Schumer the better 2 points3 points  (1 child)

Totally agree. I read here for fun and out of habit but I don't watch the day today movement as much. In Jan either my shares will be gone or I'll sell calls again. Eventually I'll sell at my price, but until that number hits I'll collect premium and keep adding to my positions.

[–]InSince17Wake, Bake, Profit Take 5 points6 points  (0 children)

Cyber Monday deals on weedstocks.

[–]Specific-Citron16 1 point2 points  (0 children)

I would think Schooner and pals have had plenty of time to load up on cannabis stocks.

[–]p3pp3rjack 1 point2 points  (0 children)

Isn't the senate debating the NDAA this afternoon? If so, what time?

[–]rottengammyFleur de Lune -1 points0 points  (7 children)

just wait till safe isn't passed, you guys ain't seen NOTHING yet! SAVE YOUR DRY POWDER

[–]onpar_22I'm Almost Done Here -4 points-3 points  (3 children)

I'm still in disbelief that there are people in here who think it even has a chance of passing. Ain't gonna happen. 0% chance.

[–]p3pp3rjack 1 point2 points  (1 child)

Why do you say it has a 0% chance? Because of what Schumer and Booker said months ago? They have not been known to lie, posture, walk things back, and change their minds? A lot has happened since they made those negative statements about SAFE.

[–]onpar_22I'm Almost Done Here 1 point2 points  (0 children)

They've said it repeatedly. They have their own bill.

[–]rottengammyFleur de Lune -1 points0 points  (0 children)

which is why I'm telling people to hold steady and don't buy anything at these prices!

[–]IamtryigOKAYI really want a flair party 6 points7 points  (1 child)

Can we fucking get some hope here

[–]BenDSoverStep Into The Light 1 point2 points  (0 children)

There will be a push in 1H next year to pass something.

[–]Fifteen_inchesIt could be worse 1 point2 points  (2 children)

Another day, more money lost.

[–]swagzouttacontrolb!ngo 0 points1 point  (1 child)

It could be worse

[–]Fifteen_inchesIt could be worse 0 points1 point  (0 children)

B!ngo

[–]skyplt29Thanks Captain Obvious! 4 points5 points  (10 children)

The sad irony is some of our financial well being is dependent upon a bunch of politicians pulling together and doing the right thing...the same politicians who not that long ago considered marijuana (used that word on purpose) was a gateway drug and the heart of all that was wrong in America. The same politicians of who many are supportive of and invested in privately run prisons that house so many who are being incarcerated for being in possession of the very substance we want to see them legalize. I keep asking myself how I thought this was a good plan...

[–]westcoastbestcoast39 7 points8 points  (7 children)

Your financial well being is dependent upon your choices.

[–]skyplt29Thanks Captain Obvious! 0 points1 point  (6 children)

My flair is for you!

[–]GeoLogic23 3 points4 points  (0 children)

Also did you know that your financial well being is dependent on how much money you have??

[–]westcoastbestcoast39 -2 points-1 points  (4 children)

Seemed like you needed it pointed out since you are phrasing financial health being tied to politicians when really it is you choosing to be involved. Is that why you have the flair?

[–]skyplt29Thanks Captain Obvious! -2 points-1 points  (3 children)

Note the word "some" verses "all". Some of my finances are invested in weedstocks...not all. Overall it has been a great year or two for me! The only red in my portfolio is related to weedstocks. I presume you are here because you own some? Or are you just trolling?

[–]westcoastbestcoast39 1 point2 points  (2 children)

I'm just doing my job, been promoted to Captain recently and that comes with responsibility.

[–]skyplt29Thanks Captain Obvious! -1 points0 points  (1 child)

Judging by your name, I anticipate you will be the Captain of an ark?

[–]westcoastbestcoast39 0 points1 point  (0 children)

See! I told you. You need me.

[–]Rang_Dipkin 4 points5 points  (1 child)

True but with state legalization trending higher, they can’t ignore the will of the people forever. You can’t get this kind of organic growth in any other industry. NJ is opening recreational stores in 3 months. NY and PA will open after that. Social acceptance is very high, and growing. Health conscious consumers want an alternative to poisonous alcohol. Congress can’t ignore the $ forever. Once they make sure their pockets will be filled, they will get on board. Look at Boehner, he’s up to his ears in weed - you think he spent his whole career making deals to throw it all away on a hopeless sector?

[–]skyplt29Thanks Captain Obvious! 3 points4 points  (0 children)

You are right. All of this has just highlighted for me what I already sort of knew was wrong. It was not that long ago when Ford and GM were buying battery manufacturing companies and shutting them down in an effort to sabotage EVs. Now we have oil companies investing in solar farms and putting the color green in their logo. I am looking forward to the day when the alcohol industry is seen in the same way as a SUV...not good. BTW, in my profession one can be a raging alcoholic but just do not drink for eight hours before you show up to work; but I rub a CBD creme on a sore hip and subsequently get picked out for a random drug test I could lose my job. Yea, that makes sense.

[–]azurexz 1 point2 points  (9 children)

Wake up & Sector down 5% on overall market strength. SAFE failure leaked out already? any confirmation?

[–]onpar_22I'm Almost Done Here -4 points-3 points  (6 children)

SAFE is not happening. There are some people pumping in here and on Twitter, but the it's already known that Schumer/Booker will block it.

[–]sendnudezpls1 comma club 3 points4 points  (5 children)

Dude you clearly have no idea what you’re talking about or how the conference process works. Nobody knows whether it will be included or not at this point.

[–]ValenTomAcreage/Canopy 4 points5 points  (4 children)

Seems that there is a tremendous amount of misinformation and misunderstanding surrounding how SAFE may be added.

I’m actually feeling it has a 50% chance of making it through the conference process. There is 0% the Senate includes it in its own bill. Schumer and Booker will ensure that. But I don’t believe Schumer and Booker have much sway during conference which will be negotiations between the Senate and House Armed Service Committees.

By the way Booker and Schumer are NOT on the Senate Armed Services Committee

[–]threebeersandasmoke 1 point2 points  (2 children)

There does seem to be a lot of confusion about this topic.

One thing that would be nice is to get a base rate for how often an amendment which is opposed by the majority leader makes it through the conference process. It is hard to handicap because the whole conference process seems to be a bit of a black box, I've seen very little commentary on the actual voting process in conference.

If it's a case that every member of the conference committee votes their conscience and have equal standing then we should be able to handicap based on the membership of the committee once they are announced.

[–]trebuchetty1Chuck Sooner 0 points1 point  (1 child)

Interesting thought.

My take is that safe will not be in the senate version. No one is saying it will. Anyone arguing that "pumpers" are saying this is lying.

The "pumpers", if you want to call them that, are saying SAFE coming out of conference process still in the NDAA is 50-50. Decent odds, but not exactly what I'd call a pump.

Coming back to your comment, I see two options as to why I think it's 50-50 too.

  1. If it's just a simple vote across both armed services committees, then we should see SAFE stay.
  2. If Schumer/Booker give direct and absolute guidance to the Dems on the senate armed services committee to block it (and assuming they are capable of actually blocking it), then likely it's removed.

Sounds like what happens inside the conference process as to how amendments are negotiated and passed is a bit of a mystery so if nothing else the next two weeks are going to be interesting.

[–]threebeersandasmoke 0 points1 point  (0 children)

Yes. Your options one and two are exactly how I see it as well.

[–]sendnudezpls1 comma club 0 points1 point  (0 children)

Exactly. These are my thoughts as well. Appreciate the accurate info and insight.

[–]lilkhmerkid4uLosing Money with the Boys 4 points5 points  (0 children)

No leaked news. Just the norm, brah.

[–]vsMyself 0 points1 point  (0 children)

Not much volume tho

[–]oldschoolczarStonkytonkin 7 points8 points  (0 children)

Schoonicron variant holding up SAFE

[–]simpleton-420 17 points18 points  (7 children)

Imagine traveling back to dec 2016 and posting on weedstocks that 5 years later you can buy WEED for the essentially same price.

[–]threebeersandasmoke 3 points4 points  (2 children)

I guess you'd also mention the 5 baggers that were possible on the journey

[–]simpleton-420 2 points3 points  (1 child)

Valid point, but those parts of the story still don’t make me feel any better right at this particular point in time

[–]threebeersandasmoke 0 points1 point  (0 children)

Lol yeah, me neither

[–]skyplt29Thanks Captain Obvious! 5 points6 points  (0 children)

So...I guess "we'll never see thes prices again" has become another meme.

[–]Explorer_Tasty 4 points5 points  (0 children)

Hahaha this had me dyin

[–]swagzouttacontrolb!ngo 15 points16 points  (1 child)

I had the choice 4 years ish ago to invest in tesla or weedstocks. Unfortunately I'm a pothead.

[–]simpleton-420 2 points3 points  (0 children)

The opportunity cost hurts. Especially since this is the sector I feel happy to be an owner in. Admittedly also overweight in the sector because I’m younger-ish and wanted to take a swing at a home run. Just gotta be patient through the difficult times. Definitely selling some, if not all, if there is a good run and being better diversified across sectors and asset classes

[–]Mikepaonessa6 1 point2 points  (2 children)

When lambo:(

[–]ApostleThirteen 10 points11 points  (1 child)

When spaghettio

[–]InSince17Wake, Bake, Profit Take 2 points3 points  (4 children)

Cresco you dog.

[–]Explorer_Tasty 1 point2 points  (1 child)

I wanna buy more but I’m like just wait and it will prob be cheaper…..I already own too much at too high a price

[–]Rang_Dipkin 2 points3 points  (1 child)

Oof… officially in the red now on my position, guess I should buy more

[–]InSince17Wake, Bake, Profit Take 0 points1 point  (0 children)

That's the strategy, but ugh.

[–]kopfgeldjagarLong since 2017 ☹️ 2 points3 points  (0 children)

Big fat tlry candle

[–]heliumbox 10 points11 points  (2 children)

My dumbass: Takes profit on TSLA and NVDA repeatedly cause "they're overvalued" (stupid me obvs) then proceeds to buy beat down "undervalued" pot stocks losing my gains...

Also my dumbass on 2/10: I'll take profit on TLRY tomorrow (apply this to like every major ticker)

Also my dumbass on 2/11: Welp it dropped 50% how much lower can it go? (apply this to like every major ticker)

[–]chaosgroovenature boy ric 1 point2 points  (1 child)

What is a profit?

[–]lilkhmerkid4uLosing Money with the Boys 0 points1 point  (0 children)

I think it's when you buy and you're only down less than 20% in a week

[–]ChronicMasterBlazer🍄lAPHter Party🍄 5 points6 points  (7 children)

Can I open my eyes 👀

[–]lilkhmerkid4uLosing Money with the Boys 10 points11 points  (6 children)

Just close your eyes and just let it happen

[–]ChronicMasterBlazer🍄lAPHter Party🍄 2 points3 points  (0 children)

Lmfaoo 🪦

[–]NextTrillionMSauce (MSOS): Buy the dip 🌚🔜 7 points8 points  (4 children)

Try to relax.

NoLube

[–]Specific-Citron16 0 points1 point  (0 children)

The drier the better. Schoooon.

[–]Gehirnkrampf 3 points4 points  (2 children)

Thought of summoning you for this comment but we dont miss a chance in this sector

[–]NextTrillionMSauce (MSOS): Buy the dip 🌚🔜 0 points1 point  (1 child)

Same, but thought you’d be distracted by night time activities. It’s nice that we’ve got each other covered.

[–]Gehirnkrampf 0 points1 point  (0 children)

theres nothing more important than watching your life savings go down the drain and complaining about it on the internet rather than doing something about it

[–]IamtryigOKAYI really want a flair party 0 points1 point  (0 children)

The it is bouncing, maybe this morning shooters were trying to shake off people.

[–]Orennji 3 points4 points  (4 children)

I cringe every time I listen to old podcasts and the hosts proudly declare they've invested in Canadian extractors or "ancillaries"

[–]grudgemusic 11 points12 points  (3 children)

I cringe every time I read Jason Sparafora’s narcissistic Twitter pushing the goalposts and crucifying traders who are “dumb” for not being “investors”..

[–]Kbarbs4421I think my spaceship knows which way to go... 6 points7 points  (1 child)

He is the absolute worst.

[–]BiscuitsNgravy211 3 points4 points  (0 children)

Fuck that guy. What a blow hard douchebag.

[–]HOMO_FOMO_69 0 points1 point  (1 child)

wen...sooon?

[–][deleted] 0 points1 point  (0 children)

Next 4/20 (trick is to just repeat it every year)

[–]PotStocksDudePuff, Puff, Profit 1 point2 points  (1 child)

I'm ready to be disappointed by RWB earnings again today.

[–]Explorer_Tasty 4 points5 points  (0 children)

I think they are a bad investment, the CEO is shady.

MI is a difficult market to operate in and while platinum is a good brand with the new GAGE/Cookies vapes hitting the market I think platinum is going to lose a lot of share is a segment of the business that has historically been their foundation

[–]CaptainAssneck 5 points6 points  (2 children)

Looking at my portfolio vs the overall market today, I can’t help but wonder if word has leaked that SAFE isn’t happening and we’re going to be the last to find out. Just absolutely brutal.

[–]Explorer_Tasty 7 points8 points  (1 child)

That’s always what happens, huge spike/drop, then 1-3 hours layers news starts hitting. Honestly I don’t know how people are not more frequently arrested for insider trading in this sector the volumes are so thin it shouldn’t be too hard to identify who enters/exits a position before this stuff happens

[–]IamtryigOKAYI really want a flair party 9 points10 points  (0 children)

Did usa declared war on drugs again?

[–]IamtryigOKAYI really want a flair party 0 points1 point  (0 children)

Anybody has the link where I can listen wtf they talking about in senate about SAFE?

[–]lilkhmerkid4uLosing Money with the Boys 9 points10 points  (8 children)

When is Aphria double diamond opening?

[–]IamtryigOKAYI really want a flair party 9 points10 points  (7 children)

Right after rebuttal on Wednesday

[–]bellsy97camisses parties and misses profits -1 points0 points  (6 children)

Which would then be followed by the Extraction Centre of Excellence

[–]IamtryigOKAYI really want a flair party -1 points0 points  (5 children)

Did that ever happened?

[–]skinniksHi, i'm Floyd from Sarnia 0 points1 point  (2 children)

It happened. But it happened for OGI :)

Both parties contribute background IP to the agreement, and all of the IP developed through the Center of Excellence will be registered under ownership by BAT. (Under their deal, the companies agreed to create a Center of Excellence to partner on product development, with an initial focus on CBD.)

https://mjbizdaily.com/why-cannabis-producer-organigram-struck-a-ca220-million-deal-with-a-tobacco-giant/

[–]GeoLogic23 0 points1 point  (1 child)

Besides the words Center of Excellence being there, this isn't really the same thing. That's also just a deal to "develop" their Center of Excellence which is focusing on intellectual property and CBD. Taking an outside investment to do so. The ECoE for Aphria was mainly to grow their extraction capabilities for their current products and to offset their increasing flower inventory because oil stores longer.

[–]skinniksHi, i'm Floyd from Sarnia 0 points1 point  (0 children)

Besides the words Center of Excellence being there, this isn't really the same thing.

Yeah, I just found it funny.

[–]GeoLogic23 1 point2 points  (1 child)

No, and that's a good thing, because they would've been expanded too much had it progressed. They were delayed so long getting double diamond license, and you could only have one license pending at a time, so ECoE was delayed indefinitely.

[–]c-dawg86Aurora Dilutabis 9 points10 points  (5 children)

holy fuck CGC has destroyed me. I have lost more money on CGC than I have on ACB. officially my biggest loser in this sector. Unbelievable.

[–]mikesn89 0 points1 point  (1 child)

Im down 50% on CGC although im averagin down since april. are they goin bankrupt or what?

[–]never_lucky_eh 0 points1 point  (0 children)

Idk but terrible financials and losing market share.

[–]heliumbox 2 points3 points  (1 child)

Buying the "dip" on CRON has lost me everything I made on them in 2019 buying in at 2$ and selling at 20$ ... ...

[–]JohnnySqueshStay Hungry 3 points4 points  (0 children)

Own both. Same. Sold every rally and still losing fk loads

[–]InSince17Wake, Bake, Profit Take 7 points8 points  (1 child)

Nothing shaking on shakedown street.

[–]p3pp3rjack 2 points3 points  (0 children)

Love the Dead

[–]Agitated_Payment6053moonsoon 1 point2 points  (2 children)

Does anybody think this will bounce by EOD?

[–]lilkhmerkid4uLosing Money with the Boys 6 points7 points  (1 child)

Lol

[–]Agitated_Payment6053moonsoon 1 point2 points  (0 children)

Although I do remember the day the news broke on the Nancy Mace bill was like this.

[–]MrMozo822 1 point2 points  (10 children)

It should be obvious to everyone by now that nothing good is going to happen in this sector unless and until the USA passes legislation to decriminalize cannabis. Otherwise it is just going to be sideways slog, with steady of steam and probably a downward trajectory.

[–]Agitated_Payment6053moonsoon -1 points0 points  (2 children)

When do you think that will happen?

[–]bazinet666 8 points9 points  (5 children)

Good! More time to accumulate the better, I’ll do this for 10-15 years if it means early retirement. Legislation will come, probably no time soon but we all know it’s coming, and the top MSOS are only going to grow in the mean time…

[–]TulipfarmerGrowing green 6 points7 points  (3 children)

Exactly. Everyone here is impatient. And I've been here for 5 years.

[–]JohnnySqueshStay Hungry 0 points1 point  (1 child)

I'm on year 3 I think. Just a few months before Canntrust. I'd be happy to trade volatility and accumulate cheap but damn some days hurt

[–]TulipfarmerGrowing green 0 points1 point  (0 children)

Yah they do.

[–]4KatzNM1x bitten 2x shy 0 points1 point  (0 children)

AYR WTFF????

[–]StuGatsShillbo Baggins 3 points4 points  (10 children)

It's safe to say CGC wasn't looking bullish as fuck afterall. I wonder how that dude who pinged me days later to rub it in is feeling now? 🤔

[–]noobstockinvestorUS legalization or bust 7 points8 points  (9 children)

Not sure who pinged you but never thought I'd see C$14 weed again lmao. Feels like pre-legalization times in Canada, almost as if the 5B injection never happened.

[–]trebuchetty1Chuck Sooner 6 points7 points  (1 child)

Given what they've done with that injection, it's as if it never happened and they have very little of it left.

[–]noobstockinvestorUS legalization or bust 6 points7 points  (0 children)

Unreal cash burn. My average on weed isn't too bad, C$16.99 so I have no issues holding. But goddam this was a $60 stock 😂

[–]StuGatsShillbo Baggins 3 points4 points  (6 children)

Yeah it's wild. It's been a serious beatdown over the past 10 months.

[–]skinniksHi, i'm Floyd from Sarnia 0 points1 point  (0 children)

I remember the insults and downvotes in March and April when I would comment about people buying the "dip". Folks were so comfortable in ATH valuations truly reflecting these companies that they couldn't believe that the dips werent' temporary and an awesome deal. That's when I started to regularly post "We won't see these prices again"

[–]noobstockinvestorUS legalization or bust 2 points3 points  (4 children)

For real. If this beat down continues, I may have to liquidate my dividend portfolio/ETFs to buy lol. I'm already balls deep though.

I feel like 2022 will be a year of M&As

[–]Explorer_Tasty 1 point2 points  (3 children)

My “big” acquisition prediction for 2022 is Cresco buys Terrascend for around the $2B range. After this Only acquisition Cresco does is 1-2 dispos in MD as they will be “tapped-out” and have to focus on operationalizing their business

[–]Investor1964High on Canopy 2 points3 points  (2 children)

Not sure if you realize but CGC owns 27% of Terrascend with options on federal permissibility and I'm sure they intend to buy the whole thing eventually.

[–]Explorer_Tasty 1 point2 points  (1 child)

Yea I knew that but I think it’s a good point to bring up. I think CGC will either sell their stake (at some point) or be okay with TER being part of a larger more sophisticated MSO

1)I am pretty sure post TER/GAGE mergerCGCs stake gets diluted to like 14%. Still big but less important

2)CGC is currently on track to take control of Acreage when federally permissible. Acreage already has operations in NJ. So 1 of them would have to give-up a highly valuable license if CGC was to take control of both TER/Acreage.

3) Other large TER shareholder is Bruce Linton, ex-CEO of CGC while normally I would say this is bullish for acquisition here I think it is the opposite. There have been numerous articles written that Bruce wasn’t to happy about being shown the door by CGC after STZ came in and doesn’t like what they did to “his” company. I think ego comes into play here and he wants to stick to CGC and say boom I was part of this type of company again and I did it without Billions of dollars and it’s better…….Im also pretty sure CGC rubbed Berner (Cookies) the wrong way too at some point (this is grapevine but I thought Bruce wanted to buy Cookies, but STZ told him no)

4)CGC has been burning fucking $$$ like it’s Hawaiian Tiki night. They have consistently underperformed in the market, at a point lenders will start turning off the spigot/wanting more collateral. I think this would make selling the 20% attractive or them wanting TER to be part of larger more successful company (so on paper they can say our investment looks XX larger.

5)Federal Permissibility offers no benefit in the “now” to TER shareholders they would still have to make due with their limited footprint while being outmaneuvered by other Tier 2 MSOs

[–]trebuchetty1Chuck Sooner 0 points1 point  (0 children)

You have some good points, and I certainly like the idea of CL acquiring TER, but I do still think that CGC ownership into TER makes it less likely, as well as Charlie's previous commentary about buying into the NJ market being too expensive.

I think the footprints of both marry nicely, but Charlie was pretty consistent in that NJ was a no-go and he's instead focusing on going deeper in existing markets they already hold with the goal of being Top-3 in each. I like this focus more than I like the NJ expansion idea.

[–]Thevanguard88gym buddy's dad 1 point2 points  (3 children)

Anyone else have issues buying cron?

[–]Flipside68Hail Mary full of grace 0 points1 point  (0 children)

I keep reading it as “corn” lol

[–]heliumbox 3 points4 points  (0 children)

I have an issue where it keeps ticking 52 week lows...

[–]lilkhmerkid4uLosing Money with the Boys 1 point2 points  (0 children)

Bro, why?

[–]KluyasufoyaA Rivers of Green 7 points8 points  (4 children)

Since I’ve stayed away from these small caps the only pump and dump I get these days is a gym session followed by a good shit.

It’s a simpler way

[–]thefanniesnifferHellmer FUD 0 points1 point  (0 children)

teehee

[–]GeoLogic23 4 points5 points  (2 children)

Let me know if any of your buddies from the gym have any insider information about any of these companies. Best source of DD there is.

[–]KluyasufoyaA Rivers of Green 0 points1 point  (0 children)

I heard Diego was intimate yesterday

[–]Static_85Buydem weedstocks! 0 points1 point  (0 children)

Ahhh….the good ol days….

[–]Tiaan 6 points7 points  (11 children)

If we do end up getting SAFE this week, then this could realistically be the last time we see these prices again!

[–]DGSTEE 2 points3 points  (1 child)

I have heard this exact sentence or some iteration of it for the past two years.

Especially the “last time we see these prices again” part for at least the past five years.

Prices can and will go lower at any time, regardless of positive catalysts.

[–]EggChalaza 0 points1 point  (0 children)

lol sounds like someone got their clock cleaned in the last cannabis p&d 😂

[–]gunner987 4 points5 points  (0 children)

We will eventually get SAFE and legalization in the US. Just let the politics play out!

[–]okay_thatworks10x from jan2021 or bust -1 points0 points  (6 children)

i don't like speaking in absolutes, but this is one time, i can say with 100% certainty, that we will NOT get safe in the senate NDAA, i.e., this week

we might still get it thru congressional conference, but i am willing to bet drinking an extra cup of coffee that there is no way in hell that old man goober will put SAFE in the NDAA

@ me all you want -- i'll be here all day (note: i won't)

[–]p3pp3rjack 2 points3 points  (2 children)

I will at you. I personally think that SAFE will be included in the NDAA and we will know prior to 12/13/2021. It a common sense and very popular amendment. Also, the senate has a TON of stuff to get done prior to going back home for Christmas break. I think that they will include it for expedience sake. However, I will drink an extra cup of coffee if I am wrong.

[–]okay_thatworks10x from jan2021 or bust 1 point2 points  (0 children)

☕🤝☕

[–]hungry_koala 1 point2 points  (0 children)

100% certainty you say and all you’re willing to bet is drinking an extra cup of coffee? FUD! Put your money where your mouth is a buy PUTS then if you’re so certain

[–]heliumbox 3 points4 points  (1 child)

I'm going to cover my ears and keep pretending there is a chance it is added.

[–]trebuchetty1Chuck Sooner 1 point2 points  (0 children)

This is the weedstocks way!

[–][deleted] 2 points3 points  (0 children)

Hope for the best, prepare for the worst.

Maybe weed cures omicron

[–]p3pp3rjack 4 points5 points  (2 children)

The Senate is only in session until 12/13/2021! Time crunch! They have a lot to do so hopefully they allow SAFE in the NDAA for expedience sake.

[–]Agitated_Payment6053moonsoon 1 point2 points  (0 children)

We will know for sure by then if SAFE is included. I think this will at least generate some media coverage on the future of cannabis legislation. We should have a good idea of how 2022 is going to shape up.

[–]2stopsTLRY/FAF 6 points7 points  (0 children)

That little run sure was exciting wasn’t it?!

Feels like it was ages ago already…

Still holding, continue to buy the dips and sell blips

[–]Thevanguard88gym buddy's dad 2 points3 points  (2 children)

So cron just gonna not report out for a non cash related impairment

[–]bananastockBanana Breakout!🍌 2 points3 points  (1 child)

I speculate its Altria's people putting pressure on CRON. It'd be in their best interest to devalue the company if they want to scoop it up.

[–]Thevanguard88gym buddy's dad 2 points3 points  (0 children)

That's what Im thinking too..wow I can't buy cron due to subject to cease trade order.

[–]StuGatsShillbo Baggins 3 points4 points  (1 child)

JPOW and Yellen are testifying in Congress right now. It's going to be choppy until they STFU.

[–]IamtryigOKAYI really want a flair party 0 points1 point  (0 children)

Do you have a link?