Cannabis News

This Week in Cannabis News – Nov 1 to Nov 7 2021

*This news is NOT investment advice. It’s for educational purposes only.*
Mid-Week Update: https://youtu.be/WF_FqLTWIM8
Curaleaf, Verano, Harvest Q2 Earnings: https://youtu.be/8rQ7cL8PTEQ
GTI, Trulieve, CC & Cresco Q2 Earnings: https://youtu.be/AFnPIpTnv3g

Timecodes:
00:00 – Intro
00:40 – Last 30 Mins of Trading on Friday, MSOS Sees Largest Share Volume Ever
1:32 – Great Breakdown of Technicals/Looking for Monday from the Chart Guys
1:43 – Catalyst: Republican Draft Bill to Legalize, Tax and Regulate Emerges – Details
5:47 – More Pressure Put on Biden Admin to Ask DOJ To Start Descheduling Process
6:50 – Off Year Election, Loss for Dems in VA = Win For Plant as Dems Need Win…
9:13 – Republican Senators Call on Dem’s to Hold NDAA Vote, MORE PRESSURE
10:12 – CUNA Reiterates SAFE Banking Ought to be Included in Senate NDAA
11:37 – Why Pressure Matters? Bipartisan Support for Legalization at 68%
12:30 – Update from Tim Seymour, Explaining Friday Jump on CNBC
14:30 – Roth on US Cannabis Before Friday Catalyst via Todd Harrison
15:53 – Quick Look at Canopy’s Garbage Earnings, Bad Stock, Worse Management
18:58 – TLRY Enters Spirits in US with SweetWater / RIFF Collab
19:30 – Verano Announces Price New Location for St. Charles Dispensary in IL
20:01 – FL Adds 3,437 Patients, Sales Strong Across the Board
20:41 – Voters in 7 Ohio Cities Approve Decriminalization Reforms
21:16 – MI Governor Signs Bill Allowing Non Violent Drug Offenders to Join Industry
22:40 – NY Regulators Approve New Rules Around Hemp & Others
23:15 – Our Favorite Plant is Now America’s 5th Most Valuable Crop
24:45 – Cashflow_free’s Comp Sheet – Fantastic Resource For Company Research

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Sources:

Republican-Led Bill To Legalize And Tax Marijuana Emerges As Alternative To Democratic Measures

Biden Administration Can Legalize Marijuana Without Waiting For Lawmakers, Congressional Researchers Say

https://mjbizdaily.com/election-night-fallout-for-marijuana-industry/

https://www.news9.com/story/61816d2f0cc3560befc9bd39/sen-inhofe-other-republican-senators-call-on-democrats-to-vote-on-ndaa

https://news.cuna.org/articles/120122-safe-banking-remote-notary-should-be-included-in-senate-ndaa

https://news.gallup.com/poll/356939/support-legal-marijuana-holds-record-high.aspx

https://www.prnewswire.com/news-releases/canopy-growth-reports-second-quarter-fiscal-2022-financial-results-301417390.html

https://www.bnnbloomberg.ca/canopy-to-shut-down-niagara-facility-lay-off-30-in-latest-cost-cutting-push-1.1677631

https://www.globenewswire.com/news-release/2021/11/04/2327367/0/en/Tilray-s-Sweetwater-Brand-Enters-Spirits-Category-Through-New-Ready-To-Drink-Cocktail-Now-Available-in-the-United-States.html

https://www.globenewswire.com/news-release/2021/11/05/2328448/0/en/Verano-Announces-Prime-New-Location-for-Zen-Leaf-St-Charles-Illinois-Dispensary-to-Enhance-Retail-Experience.html

https://knowthefactsmmj.com/wp-content/uploads/ommu_updates/2021/110521-OMMU-Update.pdf

Voters In Seven Ohio Cities Approve Marijuana Decriminalization Ballot Measures, With Seven Others Defeated

Michigan Governor Signs Bill Ending Medical Marijuana License Ban For People With Past Convictions

New York Marijuana Regulators Approve Rules For Hemp Flower Sales, Delta-8 THC And More

https://www.benzinga.com/markets/cannabis/21/11/23861023/report-cannabis-is-americas-5th-most-valuable-crop-earning-more-for-farmers-than-cotton-or-rice#.YYLzvVmX5NE.twitter

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 new investing perspectives that they can compare with their own. Invest at your risk. **

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