This Week in Cannabis Investing News – Dec 6th to Dec 12th

This Week in Cannabis Investing News – Dec 6th to Dec 12th

*This news is NOT investment advice. It’s for educational purposes only.*
Mid Week Update: https://youtu.be/jagwXyVkRic
Trulieve & Verano Q3: https://youtu.be/4TXm72YAgJU
Curaleaf Q3: https://youtu.be/HspQL1KNMiM
Green Thumb, Cresco, Columbia Care Q3: https://youtu.be/VbWgKQveZwA

Timecodes:
00:00 – Intro
00:40 – AZ Rec Sales Hit Record Monthly High, Combined for $1.1B YTD
2:00 – NY and NJ to Erase Over 750,000 Convictions to Be Expunged
2:52 – 30 More Medical Dispensaries Approved in NJ
3:37 – NY Bill Would Allow Industry to Deduct Business Expenses on State Tax
5:00 – CT Rec Licensing Time Line Still Up In the Air, Not Jan 2022
5:30 – RI Legalization Bill Nearly Finalized, Ready for Q1 2022
6:07 – Sadly, Robberies Continue in California Without SAFE, Problem Will Need Solving
6:55 – IL Tax Windfall From Adult Use Top $560M, Here is Where Money Goes
8:55 – FL Dispensary Owner Optimistic Adult Use Legalization Coming
10:10 – FL Adds 1,604 Patients, Strong Sales Across the Board
11:16 – Bloomberg Reports CSE Plans New Tier for Companies to Boost Trading Volume
13:44 – Snippet From Todd Harrison When CSE News Dropped, Biggest Impact on MSOs
14:14 – Hedge Funds Ensnared in Expansive DOJ Probe into Short Selling
15:43 – MSOs Still Largest Short Positions on the CSE via Shortdata.ca
16:19 – Rounding Off Exchange Talk – Verano at NASDAQ, Any Foreshadowing?
16:50 – Curaleaf Launches Select X Bites, New Edible Format, in AZ, MI, CO, NV
17:30 – Cresco Closes PA Acquisition of Laurel Harvest
18:20 – Tilray Buys Brackenridge Spirits Whiskey, Explains His Vision
20:05 – Former President of France Now In Favour of Legalization Over Decriminalization

Open your self directed TFSA through these links to support the creator!
Use Questrade and earn $50: https://www.questrade.com/?refid=makemorecapital

Use WealthSimple for a RoboAdvisor and get $50: http://bit.ly/mmcrobo

Sources:

Arizona Recreational Marijuana Sales Hit Record Monthly High, State Reports

https://gothamist.com/news/ny-nj-will-erase-nearly-million-marijuana-convictions-some-clearing-their-record-gets-tricky

https://www.nj.com/marijuana/2021/12/30-more-medical-marijuana-dispensaries-on-the-way-in-nj.html

New York Bill Would Allow Marijuana Industry to Deduct Business Expenses On State Taxes

https://mjbizdaily.com/connecticut-recreational-marijuana-licensing-timeline-still-up-in-the-air/

Rhode Island Marijuana Legalization Bill Will Be Ready In Early 2022, Top Lawmaker Says

https://www.ktvu.com/news/oakland-cannabis-business-hit-twice-in-back-to-back-burglaries

Schools Put on Lockdown After Deadly Shooting at Church of Herbs Pot Shop

https://chicago.suntimes.com/cannabis/2021/12/7/22812374/illinois-marijuana-taxes-recreational-pot-sales-state-boxing-out-negativity-day-simp-derek-brown

https://www.heraldtribune.com/story/business/2021/12/08/recreational-marijuana-florida-stores/6432929001/

https://knowthefactsmmj.com/wp-content/uploads/ommu_updates/2021/121021-OMMU-Update.pdf

https://www.bnnbloomberg.ca/canadian-securities-exchange-plans-new-tier-with-stricter-listing-rules-opens-door-to-etfs-1.1693062

🇺🇸 #cannabis 🌿 👀 pic.twitter.com/CihgxQjZdt

— Todd Harrison (@todd_harrison) December 8, 2021

https://www.bnnbloomberg.ca/hedge-funds-ensnared-in-expansive-doj-probe-into-short-selling-1.1694005

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

A big thanks to @Nasdaq for having me stop by today. I love the way our logo looks on that podium…@veranobrands @Verano_IR $VRNO $VRNOF pic.twitter.com/ixXvlnjNUh

— Aaron Miles (@_AaronMiles_) December 9, 2021

https://ir.curaleaf.com/2021-12-09-Select-Revolutionizes-the-Edible-Experience-with-Select-X-Bites

https://www.businesswire.com/news/home/20211210005044/en/

$TLRY CEO Irwin Simon wants to infuse THC into Brackenridge spirits (whiskey) once 🇺🇸 cannabis becomes federally legal. Curious how long it will take regulators to approve hard spirit/cannabis fusions, unless in minute quantities.

Irwin had a dream, and it was the Weed & Whiskey pic.twitter.com/IATSCnUlbk

— The Dales Report (@TheDalesReport) December 8, 2021

https://www.bfmtv.com/politique/hollande-se-dit-favorable-a-la-legalisation-du-cannabis-apres-avoir-defendu-le-contraire-a-l-elysee_AN-202112080453.html

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.

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. **