Schumer's Draft Bill CAOA Explained, "Nothing From Legalization Priced Into US MSOs"

*This news is NOT investment advice. It’s for educational purposes only. *
Mid-Week Update: https://youtu.be/NsUGHCaNr8Q
Apologies for bad sound quality! Interview links are below for reference.
Remember: SAFE now HAS the votes in the Senate and forgot to shoutout @MJStockTrader on Twitter for sourcing the conference, thanks @MJStockTrader!

Timecodes:
00:00 – Intro
00:55 – Main Features of Draft – Deschedule Cannabis, Expunge Records
1:37 – Key Business Takeaways From Bloomberg
3:20 – Via MM; Social Equity, Grants, Consumer Rights, Tax, Permits, Fed Study
13:08 – Clips From Press Conference, First One: Historic Day, SML For Reform
14:10 – Question About Budget Reconciliation, Schumer Doesn’t Have Votes Yet
15:06 – Reporter Asks About SAFE, Booker Steps In To Say He Wont Allow It
16:35 – Other Congressmen; Perlmutter WONT Lay Down With Booker
17:31 – Reporter Asks About SAFE Again, Schumer – “We’re Gonna Get Something Done”
18:15 – Clip From Interview with Boris Jordan, Highlighting Best Reform Effort to Date
19:00 – Reporter Asks How Much is Already Priced In? Bojo- “Nothing Priced Into Stocks”
20:15 – Sold My KL Shares For Cash – Target Price to Average Down on CL: $12.50 CAD
21:24 – New Bullish Investment Firm Snippets From Todd Harrison’s Substack

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Sources:

Here Are The Full Details Of The New Federal Marijuana Legalization Bill From Chuck Schumer And Senate Colleagues

https://www.bnnbloomberg.ca/six-key-takeaways-from-the-u-s-pot-legalization-draft-bill-1.1628793

https://www.bnnbloomberg.ca/nothing-from-u-s-legalization-priced-into-pot-stocks-curaleaf-exec-chair-1.1629027#.YO85NO8RfWY.twitter

https://www.canva.com/design/DAETyAuKS9o/_aM6XcElsrIhajkD8lbtHg/view?utm_content=DAETyAuKS9o&utm_campaign=designshare&utm_medium=link&utm_source=publishsharelink#20

https://toddharrison.substack.com/p/us-cannabis-one-giant-step-forward

This Week in Cannabis is a weekly recap of the Cannabis industry for retail investors to learn about the budding opportunity unfolding in North America before Cannabis goes global.

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Disclaimer
**This is not investment advice. It is educational and informative entertainment to help people learn new investing perspectives that they can compare with their own. Invest at your risk. **

2 Comments

  1. Curator on August 7, 2021 at 9:55 pm

    Hi Jordan, Any thoughts on why most msos have dropped so badly after the bill was presented? Cheers



  2. Stephen Welch on August 7, 2021 at 10:23 pm

    I cant really understand whats being said in the videos you show. make sure that the audio is not doubled as well as turning the gain up. audio levels should bounce between 6-9 (NOT A JOKE) I am a trained and certified audio engineer