Sammy J @sammyj_19
VP Corp Dev @ C21 / #MSOgang Founding Member & Chief Data Officer / #cannabis comp table nerd Joined December 2013-
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So Sabet walked the #fearmongering back…what a pos #Schedule3 $MSOS #MSOGang
Great article by @jfberke on another benefit of Sched 3… research… 🧱 by 🧱 theatlantic.com/health/archive…
NEW EXCLUSIVE: Sen. Ron Johnson opposes rescheduling marijuana but he supports the SAFER Banking Act: "If it’s gonna be legal then might as well let them use the banks" askapol.com/p/ron-johnson-…
I have been reporting on cannabis since 2013 – making seven documentaries. And I’ll never forget the girl who made me see the true medical potential for this plant: Charlotte Figi. She had intractable seizures that could only be tamed by CBD oil. But, to further unlock this…
"The tax change could also shrink the gap in profitability between legal and illegal #cannabis businesses, helping licensed businesses that have struggled to compete with the black market." S3 benefits go beyond just the tax savings. $MSOS $CURLF $CRLBF wsj.com/business/canna…
Schedule 3 news either means (1) momentum for SAFE is lost as it may be viewed as “less necessary” or (2) it provides simple political cover for those who thought it too controversial (ie, “if it’s gonna legal then might as well allow them to bank”). I like that Ron Johnson is in…
Schedule 3 news either means (1) momentum for SAFE is lost as it may be viewed as “less necessary” or (2) it provides simple political cover for those who thought it too controversial (ie, “if it’s gonna legal then might as well allow them to bank”). I like that Ron Johnson is in…
@BiggieeeeC The custody issues became more prevalent after run to Feb '21 ATHs. JPM, Credit Suisse, smaller custodians like Axos, as well as compliance at funds like Wasatch etc.
@capitangains Same as my call that PA on FL AU would be muted. 95% of capital can't/won't access 🇺🇸canna until custody/compliance is solved. That's why I've said SAFE/FinCEN likely more important to stocks even if S3 more beneficial to ops. PA mainly arb/algos with no fundamental conscience.
If you never believed me before that this unique sector doesn't trade on what you think it does (ie. no efficient market, no custody, nobody home except for machines that have no conscience)... Exhibit A:
If you never believed me before that this unique sector doesn't trade on what you think it does (ie. no efficient market, no custody, nobody home except for machines that have no conscience)... Exhibit A:
Hopefully S3 makes this far overdue, necessary piece easier to cross the finish line once & for all.
Hopefully S3 makes this far overdue, necessary piece easier to cross the finish line once & for all.
Just a reminder who generated relative outsized cash despite 280E (H/T @GreenWaveMJ 👇👇) in $MSOS when times were tough over the past few years. Will be interesting to see what good operators can do when the shackles are finally taken off: $CXXIF $GTBIF
Just a reminder who generated relative outsized cash despite 280E (H/T @GreenWaveMJ 👇👇) in $MSOS when times were tough over the past few years. Will be interesting to see what good operators can do when the shackles are finally taken off: $CXXIF $GTBIF https://t.co/8RPI2zJwsL
JUST NOW: DOJ has formally confirmed the decision to move cannabis to Schedule III in a statement to Marijuana Moment. marijuanamoment.net/dea-agrees-to-…
And the leadoff batter steps to the plate in the 1st inning...
And the leadoff batter steps to the plate in the 1st inning...
Stocks up today that don't book 280E overage as much as the ones that do tells you everything you need to know about how efficient this sector is. There's no doubt benefit to all still to come (⬇️CoC etc.) but the unison move assumes no difference since there's still no market.
Stocks up today that don't book 280E overage as much as the ones that do tells you everything you need to know about how efficient this sector is. There's no doubt benefit to all still to come (⬇️CoC etc.) but the unison move assumes no difference since there's still no market.
Excited for the industry but also excited to no longer have to suffer asinine 280E avoidance schemes
Bloomgerg Intelligence "U.S. marijuana rescheduling may ease tax, banking rules" 🇺🇸 #Cannabis 🌿
Todd Harrison @todd_harrison
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How Marijuana Affects the Brain & Body
SAM talking to SAM was hilarious on its own, but I tried to make it funnier. 😂😂😂 #marijuana #cannabis If you're not blocked by them.. PLEASE DO SHARE IT ON THEIR TIMELINE!
@learnaboutsam Thanks for the ticker mention geniuses! (And there’s no such thing as big marijuana).
$CXXIF $CXXI a third dispensary and 280e tax savings coming soon.
@RevelationsLP Imagine what going from ~275% to 21% effective tax rate means for the one that paid off their $30M debt with their hands tied behind their back, with 50% more retail footprint very soon.
$MSOS DOJ confirmed, senators confirmed, msm confirmed. rest easy friends. I added at the end of the day.
FWIW: DOJ confirmed they transmitted the proposed rule to OMB, but the OMB dashboard hasn't listed it yet.
BIG: I can now say with full confidence that Kevin Sabet is made up of 60% Coca Cola and 40% Big Macs
So Sabet walked the #fearmongering back…what a pos #Schedule3 $MSOS #MSOGang
@sammyj_19 @DTRTcannabis @TheDalesReport My thoughts exactly Sam. I could care less what that moron says or thinks and everyone should do the same.
@sammyj_19 @junglejava1 Makes sense, thanks for the response.
C21 Announces Closing of C$4 Million Private Placement of Convertible Debenture Units $CXXI $CXXIF $MSOS newsfilecorp.com/release/208186…
@sammyj_19 @junglejava1 nice looking store looks like a pretty accretive deal
@sammyj_19 @DTRTcannabis @TheDalesReport Hey, they’ve still got funding for a few more months, they have to find something to do to amuse themselves.
The Kevin Sabet tweet was an IQ test. If you sold you failed. $MSOS
🇺🇸🥦🧺 $MSOS BIG: I can now say with full confidence that Sec Xavier Becerra did not sign the the Schedule 3 recommendation from 8/29/23! 👇
This does NOT mean marijuana rescheduling isn't happening. The order may have been signed by a lower-ranking DEA official or, conversely, could actually be signed by AG Merrick Garland—potentially highlighting the prominence and importance of the issue for the administration.
@DTRTcannabis Also it was already confirmed by DEA
Pretty sure Chuck Schumer verified that Schedule III is happening for real before speaking on the Senate floor about this "truly historic step" $MSOS
Today's price chart for $GTBIF tells you all you need to know about the market inefficiency that exists in U.S. OTC #cannabis stocks.
Regardless of what you previously thought @RonDeSantis is officially a problem and a force working against adult use #cannabis in the state of #Florida. $MSOS $AYRWF $VRNOF $CURLF $TCNNF $CBSTF
@sammyj_19 $CXXIF likely one of the few, if not only, U.S. cannabis stock that is up since DEA news. Market should take note.