Cannabis News

This Week in Cannabis News – May 24th to May 30th

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Cresco & Ayr Earnings: https://youtu.be/uQPXyJcQIIo
Educational Video – Portfolio Breakdown: https://youtu.be/0bDsN27NPvY
**This news is not investment advice, for educational & entertainment purposes only. **
Correction: @ 34:09 – Half a Billion, Not Million in Dilution to Buy Redecan Plus $400M of Cash From Previous Shareholders Dilution, YIKES Hexo Looking Like the New Aurora!

Timecodes:
00:00 – Intro
00:44 – MORE Act Reintroduced in the House
02:15 – New Schumer Rumour LOL
03:30 – SAFE Adds New Co-Sponsor
4:05 – Forbes Expects Unprecedented Cannabis Sales
07:17 – Biden Fine with Medical, Not with Rec in D.C.
09:01 – More Data Shows No Impact on Youth Use
11:55 – NV & CA Advance Consumption Lounge Bills
14:09 – Cannabis Regulation Bill Passes in CO
16:15 – IL House Approves New Equity Licensing Bill
19:15 – How to Invest in Cannabis from U.S. News
20:42 – This Anti-Cannabis Republican Investing In Cannabis
24:43 – Classic Phases of a Bull Market
26:24 – Top 4 MSOs By Revenue And Operating Expenses
27:30 – Florida Adds 5,800 Medical Patients This Week
28:46 – MSOs Look Strong, Anticipating More Mega Mergers in US Cannabis
31:14 – Will Ontario See a Retail Shakeup With More Stores?
33:27 – Hexo Buys Redecan, Largest Private LP for $935M
37:12 – Canadian LPs Wall Street Expects to Rally
38:18 – Germany Medical Cannabis Imports Double From 1 Year Ago
39:28 – Morocco Legalizes for Medical & Industrial Use, Not Alone in Africa

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Sources Mentioned:

Bill To Federally Legalize Marijuana Reintroduced In Congress As Senate Prepares Separate Measure

Todd Harrison Expecting Chuck Schumer Cannabis Plan Next Week….. from CannabisMSOs

https://www.forbes.com/sites/willyakowicz/2021/05/28/cannabis-sales-will-be-unprecedented-thanks-to-hot-vax-summer/?sh=27012b712d70

Biden Budget Keeps Medical Marijuana Protections But Would Block D.C. From Legalizing Recreational Sales

Youth Marijuana Use Remained Stable After States Started Enacting Legalization, Federal Report Finds

California And Nevada Lawmakers Advance Marijuana Social Consumption Lounge Bills

Marijuana regulation bill overwhelmingly passes in Colorado House

Illinois House Approves Marijuana Equity Licensing Bill

https://money.usnews.com/investing/investing-101/articles/how-to-invest-in-marijuana

https://www.salon.com/2021/05/29/meet-the-anti-legalization-gop-congresswoman-cashing-in-on-marijuana-stocks/

https://s27415.pcdn.co/wp-content/uploads/ommu_updates/2021/052128-OMMU-Update.pdf

https://mjbizdaily.com/marijuana-msos-report-stellar-financials-megamergers-could-heat-up/

https://mjbizdaily.com/retail-shakeout-expected-as-ontario-heads-toward-1000-cannabis-stores/

HEXO to Acquire Redecan for $925 Million

Single Snippet Page

https://www.africanews.com/2021/05/27/morocco-joins-growing-list-of-african-countries-to-legalize-cannabis/

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.

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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. **

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