This Week in Cannabis Investing News – Jan 10 to Jan 16 2022
This Week in Cannabis Investing News – Jan 10 to Jan 16 2022
*This news is NOT investment advice. It’s for educational purposes only.*
Mid-Week Update: https://youtu.be/1-2EOG2QLxg
Trulieve & Verano Q3: https://youtu.be/4TXm72YAgJU
Curaleaf Q3: https://youtu.be/HspQL1KNMiM
Green Thumb, Cresco, Columbia Care Q3: https://youtu.be/VbWgKQveZwA
Correction @ 3:38 – Not in Colorado Alone, $12B US Wide, But $2+ From CO Alone
Timecodes:
00:00 – Intro
00:38 – Another University of Waterloo Study Finds CBD May Help Protect From C19
2:15 – CO 2021 Sales on Pace to Beat 2020’s Record, Need $130M in Dec to Beat It
3:00 – While Earning a Record $423 Million in Cannabis Tax Revenue in 2021
3:47 – AZ Sales Topped $1.2B in First 11 Months of 2021. Talk About Fast Growth
4:55 – New Understanding Washington Post – From Bull to Bear. Who knows!
5:45 – Reminder CSE Still Working on Second Tier, 60 Day Comment Period from Dec 8
7:28 – As More People Get Bearish, I Remain Bullish like CEO of US Canna Council
9:01 – MSOS ETF Update, Friday Shopping, Look Out For Tax Loss Sellers Coming Back
9:48 – Did you see MSOS, CL or VRNO Jump 10% in a Minute on Wednesday?
10:19 – A Possible Explanation as to What Caused Those and Other MSOs to Jump
10:54 – Reminder The Plant Never Killed Anyone, Why We’re on the Right Side of History
11:52 – Snippet from Investment Firm Echelon – Key Markets / Changes for 2022
12:48 – Concentrate Sales Up 40% YoY As Consumers Get More Curious
13:28 – FL Adds 3,116 Patients, Curaleaf Back Up to #2 Market Share, Surterra #3
14:26 – MI Senate Votes to Legalize, Have Votes to Override Governors Veto
15:18 – OH Activists Turn in Enough Signatures, Waiting on Confirmation
15:55 – MD Ballot Initiative a Go But Wouldn’t Go Into Effect Until July 2023
16:30 – Inside Germany’s Eventual Reform – Highlighting LP’s Already Growing in DE
18:57 – Africa’s Market To Hit or Could Hit US $7.1B By 2023, If Legislations Pass…
19:43 – CIN Podcast – Interview with Greg Butler, CCO of Cresco Labs
20:12 – Interview with Jeff Hoffman of Marathon Partner Equity Management
20:33 – Fund Manager Calling MSOS His Top Pick for 2022
21:45 – Petition for Clemency, Consider Signing
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Sources:
Ontario university study shows CBD may offer some protection against COVID-19
https://www.westword.com/marijuana/colorado-marijuana-sales-on-pace-break-previous-record-13206964
Colorado Earned $423 Million In Marijuana Tax Revenue Last Year
https://www.tucsonweekly.com/TheRange/archives/2022/01/12/arizona-cannabis-sales-top-12-billion-in-first-11-months-of-2021
Understanding Washington: 2022 The Year Ahead from weedstocks
Many institutions are unable to invest in "venture issuers". The CSE Senior Tier would not be a "venture exchange" reversing that issue. Institutional investment is sorely lacking in the MSO space. It isn't the U.S. "up-list" we are looking for but will help. $CURLF $GTBiF $TCNNF https://t.co/j3tzZnFeNF
— March2Millions (@March2Millions) January 14, 2022
I think we will get some form of cannabis legislation this year. pic.twitter.com/XC8NU9QtRr
— Andro George (@AndroGeorge) January 13, 2022
Dan shopped 🛍 🛒 for an 8th straight trading day with some more big buys for the @AdvisorShares $MSOS ETF! Here are the changes made to the holdings for January 14, 2022.
💰 position $20.50M vs $30.85M
😊💚🥂
Have a fantastic weekend #MSOGang!
1 of 2 https://t.co/KxPjgKwYsZ pic.twitter.com/zxQGyw3RBS
— jungle.java (@junglejava1) January 15, 2022
That spike in $MSOS $CL $VRNO which halted intraday was a teaser, that 10% spike, apparently from a large call spread out to June. Shows how thin these names are…
— Market Participants Mario Yorio & Phil Denolf (@mktparticipants) January 12, 2022
I learned what happened to several of the #MSO #cannabis stocks yesterday when they spiked. A certain broker had real buy orders for those names but the algo bought them all at once instead of over several days. Real orders on $JUSHF $CCHWF $VRNOF & $CRLBF#MSOgang $MSOS
— 🇨🇦 💲 TEMINATOR TRADER 💲🇱🇷 (@TeminatorTrader) January 13, 2022
Schedule I drugs are: heroin, lysergic acid diethylamide (LSD), marijuana (cannabis), (ecstasy), etc.
This makes sense as Opioids (sch. 2) accounted for the highest number of overdose deaths, followed by synthetic opioids.
Marijuana has basically 0 deaths $MSOS
DEA is wrong pic.twitter.com/QbCrr21cu4
— Johnny Stonks (@Sxliriousx) January 13, 2022
Echelon's key markets in 2022: CT (adult-use sales starting), Minnesota (Flower/Edibles introduced), New Jersey (adult-use sales starting), New York (flower introduced), Ohio (retail count going 2x and grow capacity limits increased), and VA (flower introduced). @GTIGrows 6/6 pic.twitter.com/g6xvsmH8N9
— CannaVestments (@CannaVestments) January 13, 2022
https://mjbizdaily.com/marijuana-concentrate-sales-up-40-percent-as-more-consumers-turn-to-the-product-category/
https://knowthefactsmmj.com/wp-content/uploads/ommu_updates/2022/011422-OMMU-Update.pdf
Mississippi Senate Votes To Legalize Medical Marijuana, Defying Governor’s Veto Threat
Ohio Marijuana Activists Turn In More Signatures For Legalization Initiative After Temporary Setback
https://www.vice.com/en/article/n7n758/legal-weed-germany-inside-europes-largest-legal-cannabis-mark
https://allafrica.com/stories/202201150144.html
https://podcasts.apple.com/us/podcast/126-building-cresco-into-the-industrys-partner-of/id1473608442?i=1000547653273
https://www.change.org/p/joseph-r-biden-dear-president-biden-pardon-all-federal-cannabis-offenders?recruiter=552962891&utm_source=share_petition&utm_medium=twitter&utm_campaign=share_petition&recruited_by_id=e0b72420-2caa-11e6-9632-a78be5503324
🇺🇸 Canna Comp Sheet – Read the Footnotes – Flag any issues $TCNNF $CURLF $GTBIF $CRLBF $VRNOF $TRSSF $AYRWF $JUSHF $FFNTF $CCHWF $AAWH $ACRDF $ACRHF $RWBYF $CNTMF $HBORF $MRMD $CXXIF $SHWZ $BMMJ $GLASF $CPTR $PLNHF $GDNSF $LOWLF $INLB $MMNFF $GNRS $GLDFF $GRAMF $GDNSF pic.twitter.com/noc3Thzsvc
— 🇺🇦 Free CashFlow (@cashflow_free) November 13, 2021
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. **
Excellent. Thank you.
Keep up this great reporting!
😎