Trulieve Earnings: https://youtu.be/fFT2oLcLfKg
**This news is not investment advice, for educational & entertainment purposes only. **
Corrections: @ 7:02 $10B, Not $20B / @ 25:57 $84 M, Not B / @ 26:12 $27M, Not $127M
Timecodes:
00:00 – Intro
00:40 – CO Sells Half a Bill in 2021 So Far
2:42 – MI Sales Increase in April
3:50 – Industry to add $92B to US in 2021
7:30 – Recap Republican Bill & New SAFE Sign On
8:42 – Schumer Reiterates Bill Coming “Soon”… Again
11:15 – Curaleaf, Green Thumb, Trulieve CEOs Comment on Strong Growth
23:13 – Quote from CGF Cannabis Conference
24:00 – Barron’s Reports Another Fund Selling for Compliance Reasons
27:24 – Failed Reform Efforts in MN & MS
29:43 – Florida Adds 5,000 Patients
30:30 – MSO Updates: GTI and CC Expand Brands, VRNO gets low 9.75% rate
34:51 – ETFMG Launches New ETF including US MSOs
36:22 – DEA Approves New Growers for Cannabis Research
37:23 – Spain to Study Cannabis for Medicine
38:40 – Malawi Ditching Tobacco for Cannabis
40:28 – Friday Move! Portfolio Update
44:00 – Earnings Coming This Week
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
Use WealthSimpleTrade to Invest with no commissions, get $10: http://bit.ly/mmcwst
Resources Mentioned in Video:
Colorado Sold More Than Half A Billion Dollars In Legal Marijuana In 2021’s First Three Months
Michigan Cannabis Sales Increase 149% in April to $154 Million
https://mjbizdaily.com/marijuana-industry-expected-to-add-92-billion-to-us-economy-in-2021/
https://mjbizdaily.com/two-us-house-republicans-pitch-federal-marijuana-legalization-bill/
Sen. Susan Collins (R-ME) just became the 37th cosponsor of the #SAFEBanking Act.
Just a few years ago, she argued against a cannabis banking amendment, saying it would be "allowing banks to essentially finance dealers of recreational marijuana.”https://t.co/jax37lsdRS pic.twitter.com/MNhC9Lla4C
— Tom Angell 🌳📰ⓥ (@tomangell) May 13, 2021
Schumer Reiterates That Marijuana Legalization Must Pass Before Cannabis Banking Reform
Was happy to join the team at @BloombergTV this afternoon to discuss the path to legalization. Always great chatting w/ you @CarolineHydeTV @RomaineBostick @RiggsReport. Thanks for having me! 👍🏼 $CURA $CURLF pic.twitter.com/uqfer1xAPo
— Boris Jordan (@Boris_Jordan) May 11, 2021
Green Thumb Industries Founder & CEO Ben Kovler discusses their expansion in Virginia, cannabis innovation, and more: pic.twitter.com/f8ZzutiVXY
— Yahoo Finance (@YahooFinance) May 13, 2021
.@Trulieve CEO @rivers_kim joins our traders to discuss the company's multi-billion dollar marijuana megamerger pic.twitter.com/CZzuzi02qw
— CNBC's Fast Money (@CNBCFastMoney) May 10, 2021
one of several themes coming out of the CGF 🇺🇸 #cannabis conference. 🌿 pic.twitter.com/Bihw1REsP1
— Todd Harrison (@todd_harrison) May 12, 2021
The recent MSO dump by institutional investors due to compliance is the clearest evidence yet that this is going to skyrocket. It shows that institutional money wants in desperately…but can’t. “Soon” they’ll be able to…and the race will be on. pic.twitter.com/U6jYTQojfu
— Professor Bill Yinaire (@Critica96592064) May 14, 2021
https://www.barrons.com/articles/after-building-cannabis-stake-a-mutual-fund-sells-for-compliance-reasons-51620783073
https://docs.google.com/document/d/1N2ctYvv0Kl14E-ZyjSJHBfeiJ3JdSnN9xjfzYZKax2I/edit?usp=sharing
https://www.house.leg.state.mn.us/SessionDaily/Story/15961?utm_content=bufferbaa78&utm_medium=social&utm_source=twitter.com&utm_campaign=buffer
https://www.tricitynews.com/cannabis-news/mississippi-justices-toss-voter-backed-marijuana-initiative-3780296
https://s27415.pcdn.co/wp-content/uploads/ommu_updates/2021/051421-OMMU-Update.pdf
https://investors.gtigrows.com/investors/news-and-events/press-releases/press-release-details/2021/Green-Thumb-and-COOKIES-Announce-the-Grand-Opening-of-COOKIES-on-the-Strip-in-Las-Vegas-on-May-14/default.aspx
https://ir.col-care.com/news-events/press-releases/detail/126/columbia-care-unveils-national-retail-experience-with
https://investors.verano.com/news/news-details/2021/Verano-Upsizes-Existing-Credit-Agreement-by-US100-Million-with-a-9.75-Annual-Interest-Rate-on-a-Non-Dilutive-Basis/default.aspx
https://www.businesswire.com/news/home/20210513005346/en/ETFMG-Extends-Cannabis-Suite-of-ETFs-with-U.S.-Alternative-Harvest-ETF-MJUS
https://www.wsj.com/articles/marijuana-research-growers-receive-u-s-approval-11621024843
Spanish Government to Examine Benefits of Legalising Medical Cannabis
https://www.reuters.com/world/africa/malawi-president-revises-down-2021-growth-forecast-38-covid-19-woes-2021-05-12/
https://www.canva.com/design/DAETyAuKS9o/_aM6XcElsrIhajkD8lbtHg/view?utm_content=DAETyAuKS9o&utm_campaign=designshare&utm_medium=link&utm_source=publishsharelink
The Ultimate MSO Resource, Thank You Awesome Human For This:
https://www.dropbox.com/s/bgogg22ba76j65a/US%20MSO%20DD%202019.xlsx?dl=0
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.
For FREE Financial Education, check out these free resources:
Video Course on ETF Investing: bit.ly/freemoneyedu
Free ETF Investing Guide: bit.ly/pimachine
Budget Tool For Download: bit.ly/budgetbae
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. **
