This Week in Cannabis Investing News – Jan 31 to Feb 6 2022

Correction: @ 1:39 – Decriminalized, Not Legalized. @ 12:24 – 28M (NY 20M, NJ 8 M)
*This news is NOT investment advice. It’s for educational purposes only.*
Mid-Week Update: https://youtu.be/pkwNoAVPl0E
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 – SAFE Banking Passes in the #AmericaCompetes Act, Will Schumer Pull Again?
1:16 – Schumer Update – Plans to File CAOA in April, Making It Priority.
2:06 – December Sales Bounced Back in Key Markets via New Cannabis Ventures
6:18 – MI Sales For December Hit $135M, Up From $120M in November
6:36 – MT Sees $12.8M in First Month of Sales After Launching Jan 1 2022
7:31 – FL Adds 6,250 Patients, Love to See the Jump in Growth + Strong Sales
8:21 – NJ Regulators to Meet Feb 24 For Potential March 24 Launch via MJStock Trader
8:48 – #MSOS Ends Week with $36.22M in Cash, Up From $478K via Junglejava
9:19 – Snippets from Cannacord Genuity Research on Top MSO’s via Puff Daddy
10:26 – Verano CIO Spaces Sharing Info About GNDS Merger via Aaron Edelheit
10:49 – Visual Showing How Undervalued MSO’s Are to Other Industries via ElGuapotron
12:31 – Trulieve Celebrates Statewide Rebrand in MD
12:53 – Columbia Care Raises New Debt at Cheaper Rate / Open First WV Dispensary
14:40 – Green Thumb Industries to Open New RISE Dispensaries in VA
15:09 – PA Issues Mandatory Recalls on Certain Products, Developing Story
15:54 – Ayr Wellness to Hold Q4 Conference Call on March 17
16:18 – 1 in 10 New Jobs in MO Came From New Medical Cannabis Industry, 7k of 78k
16:59 – MS Officially Legalizes Medical, Governor Signs New Bill Into Law
17:33 – Retailers in CT Can Start Applying for Licenses As Of Feb 3rd
18:25 – TN Lawmakers Introduce Bills for Medical, Decriminalization & Legalization
19:00 – Legal Industry Added $43.5B to Canada’s GDP. Reform – No Brainer At This Point
21:01 – Brady Cobb, DC Lobbyist on Benzinga, New Outlook on Reform via ElGuapoTron

Sources:

Marijuana Banking Sponsor Says He’s In Amendment Talks With Senate Leader As House Passes Reform For Sixth Time

Schumer Plans To File Marijuana Legalization Bill In April As Top House Lawmaker Details His Own Reform Plan

Cannabis Sales Bounced in Key Markets in December

https://www.michigan.gov/documents/mra/December_2021_Monthly_Report_745274_7.pdf

https://mjbizdaily.com/montana-recreational-marijuana-sales-exceed-12-8-million-in-first-month/

https://knowthefactsmmj.com/wp-content/uploads/ommu_updates/2022/020422-OMMU-Update.pdf

https://www.prnewswire.com/news-releases/trulieve-celebrates-statewide-retail-rebrand-in-maryland-on-february-5-301473458.html?tc=portal_CAP

https://ir.col-care.com/news-events/press-releases/detail/166/columbia-care-announces-closing-of-us185-million-private

https://ir.col-care.com/news-events/press-releases/detail/167/columbia-care-opens-first-cannabist-dispensary-in-west

https://roanoke.com/news/local/christiansburg-medical-marijuana-facility-to-open-next-week/article_773085ac-847c-11ec-b7b8-bbd7d90b3c0a.html

Pennsylvania Issues Mandatory Recall for Hundreds of Cannabis Products

https://financialpost.com/globe-newswire/ayr-wellness-to-hold-fourth-quarter-and-full-year-2021-conference-call-on-march-17-2022-at-830-a-m-et

Nearly One In Ten New Missouri Jobs Came From Medical Marijuana Industry In 2021, Trade Group Report Finds

https://abcnews.go.com/amp/Health/wireStory/mississippi-governor-signs-law-allowing-medical-marijuana-82634943

https://www.fox61.com/article/news/local/hartford-county/hartford/application-period-adult-use-cannabis-licenses/520-d772e417-76ea-41c9-a1a0-c1ce11f17ba3

https://www.wkrn.com/news/tennessee-politics/lawmakers-introduce-range-of-bills-to-legalize-marijuana-in-tennessee/

https://mjbizdaily.com/legal-cannabis-has-added-ca43-5-billion-to-canadas-gdp-report-says/

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 about the US Cannabis Industry. Invest at your risk. **

4 Comments

  1. shompzz on March 21, 2022 at 5:47 pm

    Things are heating up!! Remember guys LP’s can’t sell cannabis in the USA. Only MULTIPLE STATE OPERATORS CAN. Thanks Jordan



  2. Chris Molloy on March 21, 2022 at 5:54 pm

    😎



  3. ren solomon on March 21, 2022 at 6:12 pm

    As far as 2022 goes, I have just bought a few hundred Green Thumb. But now thinking about pulling the trigger on Columbia Care, wish me luck.



  4. Noochy on March 21, 2022 at 6:33 pm

    6th times a charm? Thanks for your stuff bro great work. Have a great week. High five on my Vireo shares eh. BAM! I feel a perturbation in the force. I live in Ontario and I killed it by accident investing in thos early Canadian companies Aphria, Tweed, aurora etc … Back then, Trudeau was coming up to a relelection (like the midterms in US this year) and it played out like this almost exactly. The Dems are going to weaponize this subject and ride it into a relection to get younger votes. Sadly, thats why i think it will be next year actual decriminlization happens legally. It’ll work too … Trudeau is still in office and this was 6 years ago.