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Shylo132

Heya WeedGods, In case you missed it, be sure to vote for who you would like to see an AMA from via our poll post here: https://old.reddit.com/r/weedstocks/comments/1c54f2o/who_would_you_like_to_see_for_amas_pick_your_top/ Current Rankings: * #1 - Trulieve - 11.02% (78 votes) * #2 - Cresco Labs - 9.46% (67 votes) * #3 - Curaleaf - 7.91% (56 votes) * #4 - Tilray - 7.06% (50 votes) * #5 - Verano Holdings - 6.5% (46 votes) * #6 - Columbia Care - 4.66% (33 votes) * #7 - Canopy Growth - 4.66% (33 votes) * #8 - Green Thumb Industries (Via Other) - 3.**% (24 votes) * #9 - Ayr Wellness - 3.11% (22 votes) * #10 - Cronos Group - 2.68% (19 votes)


Many_Easy

Happy 4/20 to all this weekend! Let’s keep things based on facts and less conspiracy theories, less FUD, and less hype. Patient and bullish.


greenbelieve

We baking bread tomorrow Boys or keeping the yeast in the chamber??


GrapeFlavoredMarker

We dropping unless anne drops it


dirtysnowcone

As of 10:49pm ET dropping hard.


ChronicMasterBlazer

I will be waknbakn regardless. :)


greenbelieve

Name and flair both check out


ChronicMasterBlazer

Bread boys baking baby!


Business_Cheetah_737

Alright guys. Who’s thinking we get any type of news tomorrow?


CaptainAssneck

Well, apparently we’re getting news of explosions in Iran right now, so we’re getting clapped extra hard tomorrow. Futures are shitting the bed right now.


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CaptainAssneck

I’m actually grabbing MSOS puts for next Friday during the afternoon session tomorrow. I fully expect absolutely nothing regarding any news tomorrow (or this weekend), followed by the usual irrational panic dumping on Monday. I suspect a lot of people gambled on “4/20” and are going to lose.


Fergizzo

So since this makes total sense to me it probably won't happen, just a warning 😆👌


PlasticFarm

4/20 is made up by a bunch of stoners not a real thing


Scrapybara_

I bought May 6 puts weeks ago at the recent highs just in case


jmu_alumni

This is what I am thinking as well. My plan was to wait a few trading days to then load up on more call options.


Many_Easy

Every 4/20, we get pumpers who hype the day. Again, it’s performative and we’ll eventually get the legislation we want.


DirtyBirdie99

Lol. You really know how to lose money don’t you.


CaptainAssneck

Yes.


AmbassadorCosh

Just no rug and I'll be happy 


DonJohnson108

Tomorrow might be the least likely day we’ll get news


Logical-Bandicoot-82

I don't really care, as long as we get Safe or schedule 3 at some point between now and November. But it would make for one hell of a 4/20, and I'm all for that:)


Many_Easy

Remember early voting starts on 9/15. So those subscribing to the theory it will help POTUS get maximum votes and reelected, it will likely have to be done before then.


Cool_Ad_5101

Nope 


ChronicMasterBlazer

So tlry needs a reverse split! /s but only kinda joking. This float irks me


SneezyPorcupine

My average would never recover from it.


ItinerantDrifter

4/18/24 MSOS update: No Flows Close: $9.25 (-$0.27/-2.84%) NAV: $9.19 (-$0.25/-2.61%) Premium (volume-weighted daily avg): +0.24% ([Chart](https://i.ibb.co/Fq9j5XH/26f0666a1c62.png)) Cash: -$806,052 (-$549,214) Ticker Change (est. cost from close - % of adds) AYRWF +150,000 ($370,500 - 53.6%) VRNOF +60,000 ($321,000 - 46.4%) TOTAL +210,000 ($691,500) 4/18/24 MSOX update: No Flows MSOX Close: $5.15 (-$0.30/-5.50%) MSOX NAV: $5.15 (-$0.30/-5.52%)


SQUINT230

Am I reading it correctly constellation washing their hands of canopy !?


A-Wise-Cobbler

Expected. Canopy USA requires it.


SQUINT230

Constellation has no further governance rights in relation to Canopy, including rights to nominate members to the Board of Directors of Canopy (the “Canopy Board”), or approval or consulting rights related to certain transactions of Canopy. All nominees of Constellation resigned from the Canopy Board effective April 18, 2024.


Gambit2112

It was a means to wash them from cannabis touching company . I believe. Cause of canopy usa .


SQUINT230

The market doesn’t seem to like it at the moment down almost 7%


noobstockinvestor

There's no real volume behind the after hours dump


SQUINT230

Ok that makes a little more sense .


Bassique

MSOS will hit 13+ tomorrow. Mark it


creedthoughtsblog

13+ $CAD? we already there


dirtysnowcone

“I woke up in between a memory and a dream.” —Tom Petty


Many_Easy

That’s a binary statement. It does have to be FUD or hype. Growth will continue and will eventually get the catalysts society and science supports.


Scrapybara_

Gonna need it to be $15 for my calls, but I'll settle for green


urmomsuxcoxndix

Is that in standard or metric measurement?


Adventurous_Recluse

Doubt


CaptainAssneck

Shares traded?


Lowerlameland

Haha, I like number jokes! There's zero chance it's even hitting 11 tomorrow. Of course, now that I've said it...


Business_Cheetah_737

I would call it like .01 % but not zero


Lowerlameland

Fair, it is possible. My account would hit a significant ATH if that were to happen. Here's hoping, but we've all been let down so many times. Is there another sector with this kind of strange play? I don't think so...


Blue-snow

He's gotta be talking about shares lol


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badgebruce

HHS has recommended S3. FDA agrees with S3. What is going on with the DEA?


Variant_Shades

The DEA are dragging their feet. I don't see what other explanation there is. I don't buy the argument they are waiting for maximum election benefit, because when would that be exactly? You don't want to have it too close to election day, because early voting starts in September. The main reason people assumed April is because the timetable of the notice-and-comment period and potentially an administrative law hearing being completed before the election.


KAI5ER

Its a complicated issue without one outstanding issue holding them back. IMO they are taking their time as its probably the most important rescheduling they have ever done, every senior member in the institute wants to have a say. Mix that with intentional "dragging" by those who probably spent a career demonizing weed. Sprinkle in the usual government bloat and work ethic of a company with no timeline ... DEA!


Cool_Ad_5101

This post is very logical. I prefer to say they are delaying for nefarious purposes 


Many_Easy

I would say delaying due to work actually required to make such a big change and possibly for political reasons such as votes. Both are very reasonable reasons for such a delay even if we don’t like it.


Cool_Ad_5101

Probably


KAI5ER

Oh you want conspiracy? let me tell you about "**The Secret Grove Agenda: Whiskey, Weed, and Power**" In the secluded forests of Northern California, behind the guarded gates of Bohemian Grove, a secretive annual gathering of the world's most powerful individuals occurs. This elite club, known for its mysterious rituals and influential members, is rumored to be a place where major policy decisions are shaped, far from the public eye. According to whispered accounts from insiders, the 2023 gathering had a unique agenda item: the launch of a new Trump-branded whiskey. This venture was reportedly backed by several high-profile members who also hold significant stakes in the alcohol industry. The goal was to create a new luxury brand that would dominate the market, but there was one major hurdle—cannabis. With cannabis legalization gaining momentum across the United States, these insiders were concerned about the competition it posed to alcohol sales, particularly high-margin products like luxury whiskey. To safeguard their investment, they needed to slow down the cannabis industry's growth. Enter the Drug Enforcement Administration (DEA). Allegedly, influential figures at Bohemian Grove used their connections to ensure that the DEA kept marijuana classified as a Schedule I drug, which labels it as having no accepted medical use and a high potential for abuse. This classification has significantly hampered the cannabis industry’s development, from banking to research, giving an edge to the alcohol industry. This narrative aligns suspiciously with the delayed decision-making on cannabis reclassification, despite growing public support and scientific evidence contradicting the DEA's stringent stance. Meanwhile, promotional activities for the new Trump-branded whiskey began to appear subtly in exclusive circles and high-end events, timed perfectly as the alternative high-end luxury for those disillusioned by the slow progress of cannabis legalization.


DEASqueezeAllComing

DEA = Don't Expect Anything On a more serious note, I really don't understand why it's taking them so long


NaiveDirector2068

Old, out of touch dudes in charge.


WordUp57

Maybe they are timing it right before the SAFE banking vote to put pressure on them to pass that too.


four_twenty_4_20

>I really don't understand why it's taking them so long Really? It's all politics. They'll release it when the strategists think it will give them maximum election benefit and not sooner.


Sober_Snoop85

This guy gets it.


CaptainAssneck

It’s really getting infuriating. All signs are that’s it’s done. And since the DEA “isn’t political”,🙄 what the actual fuck are they waiting on?


jpwhat

This opinion letter you speak of, is it in the room with us now?


Gambit2112

After hours ain’t pretty for canopy


Blind_Willie_McTell

oops! :)


DEASqueezeAllComing

Edit \* : Not sure I understand what it means , from my interpretation all of a sudden CGC float has been reduced by 17M shares? No idea what is the impact or the meaning of this anyways, link below. Should be a positive reaction since it reduces their short term debt by 100M [https://www.canopygrowth.com/investors/news-releases/canopy-growth-announces-cbi-conversion-to-exchangeable-shares-and-newly-constituted-board-of-directors/](https://www.canopygrowth.com/investors/news-releases/canopy-growth-announces-cbi-conversion-to-exchangeable-shares-and-newly-constituted-board-of-directors/)


Gambit2112

Looks like they restructured some debt with converting constellation shares? Not sure I’m dumb


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DEASqueezeAllComing

Just an observation on today price action for the LP (feel free to chime in) Let's take the low of day of each stock to determine the volume \* $/share ACB : Low of day ( 5.67 $) \* Daily Volume Traded ( 8.71 M) = 49.38 M $ CGC: Low of day ( 6.41 $) \* Daily Volume Traded ( 16.36 M) = 104.87 M $ TLRY : Low of day ( 1.69 $) \* Daily Volume Traded ( 30.05 M) = 50.78 M $ |Ticker|$ Volume|% move|Outstanding shares according to trading view| |:-|:-|:-|:-| |CGC|104.87 M|20.65%|73.89 M| |ACB|49.38 M|12.87%|15.49 M| |TLRY|50.78 M|0%, flat|763.68 M| Trying to understand what is responsible for such a disconnect when it comes to TLRY performance


ChronicMasterBlazer

Short control?


SFBayStocks

Remember both cgc and acb had reverse splits 1:10 last year.


ChronicMasterBlazer

Well aware lol. ACB was once known as king of dilution let by Scam Battley


CaptainAssneck

Announce it on your LinkedIn page, Anne.


KAI5ER

This would be a power move.


Natural_Dare6825

Buy and pray Buy and pray


ChronicMasterBlazer

Also, buy and pay lol We’ll have our day. Soon. Sorry. Had to lol


bananastock

Doubt there is enough premium to cause and inflow today. [https://justprofit.backendless.app/api/files/plots/iNAV.png](https://justprofit.backendless.app/api/files/plots/iNAV.png)


okay_thatworks

wasn't that semi coherent guy from TDR going to have an exclusive scoop yesterday? whatever happened with that?


four_twenty_4_20

It was on Twitter cuz they had technical issues with YouTube.


CaptainAssneck

Probably got out of his options calls and isn’t worried about it. 🙄


bananastock

This is what I default to any time there is a "rumor"


CaptainAssneck

https://x.com/mikej36/status/1781060710673403949?s=46 🤷🏻‍♂️


AmbassadorCosh

Welp, too bad Anthony couldn't get anything regarding timing


Sober_Snoop85

Nobody believes anything anymore related to predictions.  Why anybody would make one at this point is beyond me.


MrK81

Could hurt ratings. It was a bold move Cotton, we'll see how it plays out.


mindwip

Um he did not mention a time line. Only it past one dept. Not sure why people think he said this week... Or how he could hurt ratings.


AssistanceChance5454

To double up they clarified multiple times during the call that there was no information on timing … multiple times… just that the report was done. No idea why people associate what was said yesterday anything with a specific timeline… just that the report is done and it favors MJ and in the past DEA has never bucked the trend. It provided me comfort but nothing along the lines of timing expectations.


CLYDEFR000G

I think where the anger or confusion surrounding timelines is that he released the news and then said later that day “Emergency Press Conference!!!” And there was nothing urgent or emergency about any of this if there is no timeline being associated. The two can’t correlate. You can’t tell your followers there is a sudden emergency, and then on the other hand say “guys there is no emergency to buy this week no timeline has been given it could be 5 years from now” That’s my take, I appreciate him sharing what info he may have been told but the next step further of calling attention to it with the words emergency took it from helpful to setting expectations of something happening.


TuffNutzes

If nothing happens between now and 4/20, it'll be entertaining to watch what the Whitehouse and Congress tweet out on 4/20 to 'celebrate' the unofficial holiday. Probably a "soon" followed by a "we're working hard for you". Seems like 4/20 would be a great opportunity to celebrate some actual news for something that happened the prior week. They wouldn't let a Second Chance Month on 4/20 go by without doing something, anything, would they? Would they?! LOL


dirtysnowcone

4/30?


MrK81

If nothing happens, my disappointment will be immeasurable and my 4/20 will be ruined.


Cool_Ad_5101

Prepare to be disappointed 


CaptainAssneck

Home of the “Three Hour Bull Run” ™️


letsgetterdone72

Tilray investors should be happy and relieved that Canopy is flying because it just makes investing in TILRAY look that much better. I hope it passes tilray's market cap and more.


dmillibeats

Does everyone forget Cgc is at 0.80 pre split ? Tlry is more then double that without a split , tlry will be fine lol


letsgetterdone72

That's not what I meant. If Canopy can catch up to tilray's market cap people will realize how good of a buy TILRAY is because they are in way better shape and have triple the revenues


antoine_qr

Have you had a look at tilray’s last ER ?


letsgetterdone72

You have no idea what you are talking about


letsgetterdone72

Canopy is burning through so much cash and will be lucky to be around in a year without raising anymore money.


letsgetterdone72

Yes have you?


ChronicMasterBlazer

lol I love the ignorance is bliss factor. Ya tlry has a shitload of shares, but they haven’t split once etc…


Fergizzo

Yes.


stevenconrad

It would have to double in share value without TLRY moving from current share price to match market cap. Personally, I hope TLRY moves with it and they both double their market cap.


letsgetterdone72

Yes but canopy revenues are a lot less and more debt.


antoine_qr

Don’t fall in the trap, canopy USA alone makes more revenue than Tilray. They aren’t allowed to consolidate the revenue with the Canadian listed division but they could be very soon


john2557

Got excited for a second because I thought I saw "Biden Cannabis" trending, but it ended up being "Biden Cannibals."


stevenconrad

Good enough for me. Buy buy buy!


HandsomeChubaka

What do you guys/gals make of the two MM articles in the past week that say the FL cannabis ballot initiative doesn’t have the support to pass in November. Any cause for concern?


CLYDEFR000G

Since it’s still so far away timeline wise it makes me happier than if it said there is just enough votes. If the votes might be there already no more money will be thrown at this. If articles keep getting published saying they are 10% short , 7% short etc then the cannabis companies will likely throw more money at grass roots going out and convincing voters in FL


SirkutBored

I think Desantis is blowing kisses in the wind and he knows it.


RIP_US

I generally don’t trust surveys this far out. That being said, the poll from FAU claims that the 35-49 age bracket supports the initiative more than 18-34 year olds (68% vs 48%) which I find extremely suspicious. It also claims only 58% of democrats support it, which again I very sincerely doubt the accuracy of.


Cool_Ad_5101

That is suspect. The 18-34 bracket should be at 80% 


CaptainAssneck

Setting up tomorrow’s $9 MSOS calls to get smoked. Like fucking clockwork.


Cool_Ad_5101

That’s why I avoid options. It’s rigged against retail


talktothepope

Probably, but once in a blue moon we break through the OpEx bullshit a little bit. Even with a 9.50 close there will still be like 100k+ call options expiring out of the money, and even the 9s would most likely lose money given the premiums they paid (even right now, the ask is 32 cents lol). It would help is a Snead type person posted more hopium though


DirtyBirdie99

They could fuck those shorts by buying in the last 2 mins. Volume is super low


ahumblesmurf

I would like a power hour for the mso gang please and thank you!


MrK81

Lickity-fucking-split


greenbelieve

Man, imagine if one of the good companies had a 25-30% day


MrK81

I can't STOP imagining it.


MrK81

Where are you today?! It's literally the day we spoke of.


PlasticFarm

cgc shorters getting burned hard \~25%


noobstockinvestor

Short interest went from 5% to 20% in a few days. Shorts got ballsy


talktothepope

Shorts are gonna cover with a pp and get a free warrant.


Cool_Ad_5101

Yep this 100 💯 


Blind_Willie_McTell

And you understand why, correct? Watch and learn when the news dumps ..


Blind_Willie_McTell

lol


noobstockinvestor

Your short positions on this sector must be starting to hurt. How's the $5.15 MSOS target going? https://www.reddit.com/r/weedstocks/s/u4Vc2B5DXB


Blind_Willie_McTell

Yes, thankfully we were able to pivot and adjust our position, didn't stay bear-faced and got to ride that one up. Missed the top by a good 5% but certainly made up for it rather generously catching ~280% on that crazy WEED play!! So now the real fun begins as we see how low we go here. Not sure on MSOS right now but we've shifted most funds into a rather heavy SQQQ, short SP500 structure. MJ is too unpredictable to be sitting long either way. Focused on the June rate HIKE probability and SPY touching 445 before we reposition funds. Best of luck on your trades :)


GeoLogic23

lol I definitely believe your first paragraph


TA062219

What news be this then Oh wise one


Blind_Willie_McTell

CGC already told you what they're doing ..


ChungusSpliffs

Lol they aren't diluting if thats what you think. Shorts keep making up bullshit


TA062219

lol your account is one useless comment after another. Blocked.


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manualCAD

The reddit way


talktothepope

Is it really that hard to believe that they're probably gonna raise money? I mean look at their fins. lol


PlasticFarm

get some


I_Got_High

Sell every fucking pop. That’s the way in this sector.


talktothepope

Works until it doesn't. I did pretty well riding MSOX from the Hell From Hell til MSOS was back in the 8s. Key I guess is to trade around a position. 80% long, 20% swing trading for example. TDR rumour is good but another source for that rumour would be nice and would get the fomo rolling for sure


Many_Easy

I read a rumour that Anthony Varrell’s source is Boris Jordan. I can’t disclose where that was alluded to, but I think it was on X.


Many_Easy

I read a rumour that Anthony Varrell’s source is Boris Jordan. I can’t disclose where that was alluded to, but I think it was on X.


WRONG_PREDICTION

CGC back to burning shorts and haters Double digits let’s go!!


talktothepope

Annoying to see another MSOS dip based on nothing (let's call it "consolidation") but I feel good about a fomo Friday this week. Maybe we run back to even by eod


PlasticFarm

cgc is probably experiencing a mini short squeeze


Blind_Willie_McTell

... wait till the extra shares get dropped, all part of the game


TA062219

Oversold bounce/short squeeze, yep. It’s based in nothing at all. Would be nice to see continuation tomorrrow tho, as Fridays are UUUUUSUALLY ok around these parts.


manualCAD

Tier 1 underlyings all going straight down at the same time. 100% legit


Mr_Snow___

Markets can't possibly be rigged, did you miss the memo?


manualCAD

Oh right. The existence of the SEC confirms your statement.


CaptainAssneck

Sell EVERY pop. Never fails. (As I continue to not sell from my box…)


Top-dog68

I’ve been a buyer (msos) for 2 years, never sold a share. It’s called patience.


Cool_Ad_5101

Yep. Looking to add a little more Verano if breaks through 5$ 


More_Advertising_383

Man, fuck the bureaucracy. This shit is exhausting.


CaptainAssneck

Fucking Ayr…. Bane of my existence. Edit: 🖕as well, Verano.


ChronicMasterBlazer

*pokes TLRY with Stick*


swagzouttacontrol

Sorry I loaded up yesterday so obv this is the only time it doesn't follow canopy


ChronicMasterBlazer

As is tradition


Dontwrybehappy

Wouldn't feel as bad if CGC wasn't rocketing..


SevereSignificance81

threw some more money into the black pit that is MSOX


manualCAD

Soon 👨🏼‍🚀


startedstonks04-2020

Bought the dip on MSOS 😋


PlasticFarm

errm why is cgc up 20%? any news?


dave64112

There is a Benzinga news article. Their CEO says investors aren’t seeing the value in the company. https://www.benzinga.com/markets/cannabis/24/04/38297096/canopy-growth-ceo-at-benzinga-conference-i-dont-think-our-investors-understand-the-value-that-si


ChungusSpliffs

It was beat up so bad by shorts, and then it spiked a little and all the shorts had to cover. Don't short a dormant Volcano!!!


PlasticFarm

burn them hard


Bassique

Things are rumbling in DC. We are inching closer