This Week in Cannabis News – Sept 6 to Sept 12 + Final Portfolio Update

*This news is NOT investment advice. It’s for educational purposes only.*
Mid Week Update: https://youtu.be/cVW3bh78w2I
Curaleaf, Verano, Harvest Earnings: https://youtu.be/8rQ7cL8PTEQ
GTI, Trulieve, CC & Cresco Earnings: https://youtu.be/AFnPIpTnv3g

Timecodes:
00:00 – Intro
00:37 – Zoom Out for Perspective, Where I Believe We Are in the Big Picture
2:45 – Feb Me Wanted Short Term Profits, Sept Me Happier With Double The Shares
3:30 – Put Yourself in 2030 and Look Back, Which Bull Run Was Bigger? CA or US?
4:30 – Relevant Paragraph in Intelligent Investor for Trulieve, All MSOs at Low Levels
6:04 – The Most Relevant Quote: I was Greedy on Friday When Others Are Fearful
6:49 – Akerna Reports Friday Labor Day Sales 2nd Highest Sales Day in 2021
7:48 – BDSA Reports Top 5 US Cannabis Brands in Select States: #1 Cresco
9:45 – Plausible Explanation for Excessive Price Decline, Naked Shorting Explained
11:58 – Top Fed Regulator Slams Congress Over Inaction, Taking Steps to Move SAFE
14:18 – ME Sets Record Again, $10M in Sales For August
15:13 – CO Reports 8% Increase M/M, $168M in July For Adult Use Alone
15:40 – FL Update – Added 2,428, Strong Sales, Google Who Owns ______ to Check
16:30 – TLRY Holders Approve More Shares, Jeffries on TLRY Going Shopping
17:50 – Verano Insiders Bought Over $1M Worth of Shares
18:10 – Columbia Care Celebrates Start of Wholesale Flower in VA
19:20 – AZ Tax Revenue Exceeds $20M in August, $115M YTD
20:09 – Regulators Issue New California Industry Rules – More Access to Legal Market
21:54 – MD, MN, NE, RI Take Steps to Put Reform on 2022 Ballot in All States
24:48 – Italy Legalizes Home Growing Cannabis After SC Declared Legal in 2019
25:47 – Switzerland to Begin Recreational Cannabis Trial? Awesome
27:02 – Great Visual of MSOs ND & FD Market Cap / TTM Sales / P/S via RoojiKoomar

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Sources:

Canadian Cannabis LP Index

American Cannabis Operator Index

The Intelligent Investor (Ch. 7) Finally started a position in Trulieve -50% ATH & will continue to add through the fall. “Growth @ value prices” $tcnnf from CannabisMSOs

https://www.benzinga.com/markets/cannabis/21/09/22870630/akerna-report-friday-ahead-labor-day-weekend-grossed-90-1m-in-marijuana-sales

https://shortdata.ca/largest-short-positions

Top Federal Financial Regulator Slams Congress Over Marijuana Inaction And Calls For Interagency Banking Workgroup

https://www.wmtw.com/article/maine-marijuana-sales-set-another-new-record/37509222

https://s27415.pcdn.co/wp-content/uploads/ommu_updates/2021/091021-OMMU-Update.pdf

https://ir.col-care.com/news-events/press-releases/detail/142/columbia-care-celebrates-the-start-of-whole-flower-cannabis

Arizona Marijuana Tax Revenue Exceeds $20 Million In August, State Reports

https://mjbizdaily.com/california-cannabis-regulators-issue-new-consolidated-industry-rules/

Maryland Lawmakers Take First Step Toward Putting Marijuana Legalization On 2022 Ballot

Minnesota Lawmakers’ Poll Shows Growing Support For Marijuana Legalization

Nebraska Activists Submit Two Medical Marijuana Initiatives For 2022 Ballot

Rhode Island Lawmakers Rally Behind Marijuana Equity Agenda As Legalization Talks Continue For Special Session

https://www.dailymail.co.uk/news/article-9972709/Growing-cannabis-legalized-Italy.html

Swiss Doctors to Prescribe Cannabis Without “Exceptional Authorization”

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. **

Posted in News & Laws

11 Comments

  1. daniel pablos on September 16, 2021 at 11:51 pm

    Friend! @8:58 ‘dabbables’, are smoked concentrates. Here is a quick explanation for anyone https://youtu.be/iJvMmxkkSwA



  2. MARCUS SMITH on September 17, 2021 at 12:03 am

    I’m just gonna press hard and keep investing. Cannabis is here to stay whether people like it or not. I’m holding out too. It’s a big opportunity to invest. If everyone was investing in this now we wouldn’t have the rare opportunity to experience an explosive windfall. I know it’s coming.



  3. Kevin Mard on September 17, 2021 at 12:04 am

    Ok.. forget the next week, or day.. or even hour…. tell me, when will be the next 5 minutes Cresco will be green???? Just 5 minutes. Then you can post a video how well its doing after those 5 minutes.



  4. Kevin Mard on September 17, 2021 at 12:14 am

    Dow up 300 points, brand new week and a(nother) 100% Red Week… and…. Cresco and Msos COMPLETELY RED, and dropping as a I write this. By the DAY this is adding on YEARS of bagholding. YEARS. Red, red, Red, red, red. WORST sector on the market, no debate necessary.



  5. Nick Casdorph on September 17, 2021 at 12:14 am

    You see D. Pronk get an interview with Kim Rivers? You should reach out to get a CEO on lol



  6. Chris Molloy on September 17, 2021 at 12:18 am

    😎



  7. Kevin Mard on September 17, 2021 at 12:25 am

    Msos dropping faster than I can even type. Going to tell everyone what a great sector this is? -60% !!! Do you understand what -60% (and counting), is?????



  8. Sadazf Cecelia on September 17, 2021 at 12:27 am

    vae.fyi
    marvelous



  9. Diana Michael on September 17, 2021 at 12:28 am

    I haven’t commented on your weekly and bi weekly news reports for awhile as I’ve been watching them on TV and the phone, but am checking in on the computer today so I can comment to you. I think you are doing a fantastic job!

    I noticed that you are sounding slightly disheartened lately. I can tell in your voice. We are all feeling the squeeze, but like you, I KNOW for certain that the cannabis industry is the right place to be. I am full in and know this is going to be a financial game changer for our family’s future.

    This week I am trying to figure out how to move some cash around so I can add to my Trulieve via Harvest and Crescolabs positions. I also want to start a position in Terrascend via Gage, because I WANT them and these are sales I can’t refuse.

    So, to make a short story long, Thank you for doing this work.



  10. Frank Fuentes on September 17, 2021 at 12:32 am

    Love your updates, thanks neighbor.



  11. Anthony Kirwan on September 17, 2021 at 12:49 am

    Hi bud.

    Not listened to the full video yet but yeah. Tough week. This trajectory is helping me out though. Glad I stepped back for a while and still looking for that re-buy in point.