Mid-Week Update: https://youtu.be/Z8LF2uTGCRs
Educational Video – Portfolio Breakdown: https://youtu.be/0bDsN27NPvY
**This news is not investment advice, for educational & entertainment purposes only. **
Timecodes:
00:00 – Intro
00:40 – Memorial Day Weekend Sales Predictions
2:38 – MSOs Rushing to Supply Demand in NY, NJ
7:12 – Key Chairman to Reintroduce MORE Act
10:08 – New Bill to Regulate CBD Introduced
12:08 – Wyden Looking Ahead, Plans to Remove 280E
14:42 – MorningStar on Cannabis Industry, Compares MSOs and LPs
21:48 – Visual of Hedge Funds Selling Off Mid Feb to End of March
22:58 – BBG Recommends Altria Acquire Equity Stake in MSOs
23:57 – Bill to Expand Medical Cannabis in TX Faces Deadline
25:12 – MI Launches Push To Help Expunge Cannabis Convictions
26:24 – Florida Adds Another 5,000, Trulieve Sells a Ton of Cannabis
27:08 – Canadian Cannabis Sales Hit ATH in March 2021
28:27 – Canada’s Legal Market Continues to Erode Illicit Market
30:08 – Canopy Hires Martha Stewart
31:04 – ACB Dilutes Shareholders AGAIN!
31:52 – VFF Plans to Buy Back 5M Shares in Next 12 Months
33:04 – Todd Harrison Substack, Highlighting Analyst from BTIG
36:28 – MUST LISTEN PODCAST EPISODE!
37:00 – Contact Your Senator to Speed Up Legalization
38:09 – Portfolio Update!
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:
https://www.prnewswire.com/news-releases/akerna-flash-report-memorial-day-weekend-cannabis-sales-predicted-to-reach-238-000-000–301296069.html
https://twitter.com/natsfert/status/1395018203063939076/photo/1
https://www.morningstar.ca/ca/news/212284/cannabis-investors-see-over-100-returns.aspx
$MSOS Don't want to dwell in the past, but its clear 🇺🇸🌿 went through period of "f*ckery" in the first quarter as big institutions came into new names, and exited said names. Look at the 75% drop in daily volume from late March vs early April. Clearing the books by Mar 31 imo pic.twitter.com/um12hp9jwg
— Free CashFlow (@cashflow_free) May 21, 2021
“We believe Altria would be wise to acquire a passive equity stake in one or more MSOs to gain exposure to the surging market.”
🇺🇸 #cannabis 🌿
🙏 BBG Intelligence pic.twitter.com/S45hYA4Z1c
— Todd Harrison (@todd_harrison) May 21, 2021
https://www.texastribune.org/2021/05/20/texas-medical-marijuana-dan-patrick/
Michigan Push To Help People Expunge Marijuana Convictions Launches
https://s27415.pcdn.co/wp-content/uploads/ommu_updates/2021/052121-OMMU-Update.pdf
https://www150.statcan.gc.ca/t1/tbl1/en/tv.action?pid=2010000801&pickMembers%5B0%5D=2.30&pickMembers%5B1%5D=3.1&cubeTimeFrame.startMonth=10&cubeTimeFrame.startYear=2020&cubeTimeFrame.endMonth=07&cubeTimeFrame.endYear=2021&referencePeriods=20201001%2C20210701
https://mjbizdaily.com/canadas-legal-cannabis-market-continues-to-erode-illicit-markets-share/
https://www.prnewswire.com/news-releases/canopy-growth-welcomes-martha-stewart-as-official-strategic-advisor-301295741.html
https://www.marketwatch.com/story/aurora-cannabis-files-for-stock-sale-mentions-us-acquisition-possibility-2021-05-20?mod=mw_quote_news
https://www.prnewswire.com/news-releases/village-farms-international-announces-normal-course-issuer-bid-for-common-shares-301296663.html
https://toddharrison.substack.com/p/psychology-patience?r=6pxrx&utm_campaign=post&utm_medium=email&utm_source=copy
https://www.canva.com/design/DAETyAuKS9o/_aM6XcElsrIhajkD8lbtHg/view?utm_content=DAETyAuKS9o&utm_campaign=designshare&utm_medium=link&utm_source=publishsharelink#19
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. **
