ACB

Kbarbs4421

Interesting. Appreciate the suggestion. I'll give it a look. Like BHOmber, I'm not willing to touch 90% of this sector, in my case even for a couple of days. I'll only touch the few companies that I currently believe won't chew me up over the longer term. That short list includes GTI, CRON, and SNDL. I'm currently breaking my rule for RYM and MSOS but both will hopefully be short term trades. I haven't looked into ACB for a very long time, though. I feel like I caught wind of an improved balance sheet. That true? I'd love to get your

One-Yard9754

ACB is a trading vehicle, but they are much better than CGC and Tillray. It offers good rolls and the premiums on the calls are juicy

BHOmber

The LPs are good for fun-money trading if you can do it with decent-sized positions. I just can't get myself to hold a CGC/ACB for more than a couple days. ACB fundamentals have surprisingly been looking up though...

One-Yard9754

Take a look at the premiums of ACB. The higher share price offers wider ranges.

One-Yard9754

I dumped my ACB tradeable chunk as I didn't want to hold it as it looks like we're heading back downward. I hope things peel off hard so I can rebuy the GTI I sold in the mid 12s, but we'll see....now that MSOS closed where it did, it might easily fall back to the low 4s. Keep your positions appropriate for your size and risk tolerance and take advantage of some of the rolls/chop, as it's there. Have a good weekend everyone!

Embarrassed_Durian17

I would say you would need to be comfortable using margin to beat the market vs just investing the same capital in the market. I've shifted to gld and slv from the mag 7 as the premium is good and i'm worried about the current geopolitical tensions, $200 usd off of $4700 capital every 2 weeks right now for SLV is pretty good and i'm more comfortable using some margin on precious metals. SLV and GLD have a 50% margin requirment, so the buying power requirment isn't too bad. I don't roll i just take assignments and then sell CCs ideally above the original strike, but will sell ATM if it's above my ACB SLV has expiry dates every few days so it's easier to enter and exit.

RedStag1905

NVDA green again today (not my NVDA, naturally, with an ACB of $186, but the day's NVDA)

Striking-Pen-1198

Do you feel bad for me too? I've been holding the $ACB bag since it came to market. After a few reverse splits, and a lot of averaging, I need to sell 200 stonks at $7.50 to break even.

photon1701d

how old are you? what was your ACB on these 2 What is your net worth? Just curious as I want to retire soon and want to see where I stand.

Scannerguy3000

Let me start with the last question and work backwards. Stop thinking about specific stocks. Thinking you’ll find the right ticker is a stock picker’s mentality. Selling options is about the mechanics of the trade, not finding the right company. The right company is the best choice *right now* and that will be a different company in five minutes. I’m going to answer your exit question genetically, because the concept is the same for Calls and Puts, but the numbers are reversed. When you sell a Call or Put, you hope the market price will stay above or below your strike price. Let’s say you sell puts for a $32 strike and the current price is $33. As long as the market price is above the strike, no one is going to Put the shares to you, they’ll take the market price. If the market price drops to $31.50, now your Puts are $0.59 in the money. You will get assigned. As the price begins to move towards the strike (up or down, depending which type of option) the price of that option will change, and the delta will change. If you watch the Last or Ask, you’ll see what you can sell the option for — Buy To Close. In some cases, you can BTC out for less than the loss of the share price. If your market price is 59 cents less than the strike, but you can BTC out for 25 cents, then you should get out of the trade with the $25 exit; or you will be assigned the shares and you will be at a $50 loss. Sometimes you can’t catch it in time. The cost to BTC may be greater than the loss in share price. In this case, you should just take assigned and sell Calls on the shares till you can cover your Adjusted Cost Basis (which you chip away at using the repeated Call sales). As you keep lowering your ACB, the stock may also begin to rise again. Eventually you will reach a point where the strike price (sell price of the shares) and premiums will be greater than your current ACB (at a delta that is likely to sell, .5000 or more for instance).

Smart-Ad-8116

Im increasing my TLRY, CGC, and ACB positions. https://preview.redd.it/3pgwz0t2r3uf1.jpeg?width=1080&format=pjpg&auto=webp&s=8bbbe60a13c98e528d717f1768181de8753ede6b

Conor__K

ACB most likely. CURA, GTII etc have high valuations already

EtrainFilmz

If you had $100,000 committed to a fund, and you've contributed $75,000 to date and received a non-recallable distribution of $10,000, the fund can only call the remaining $25,000 of your commitment from you. If that distribution was in recallable, then it gets added back to your unfunded commitment and the fund can call $35,000 from you in the future. I'm a Canadian CPA so I can only comment on the tax treatment here, although I don't imagine it is widely different in other places. All of our funds are structured as limited partnerships. Contributions and distributions are generally non-tax events. At the end of the year, the partnership will have a tax filing and the taxable income / loss in the fund will be allocated to each partner. This is what the partners pay tax on (not the distributions). However, there are some instances where a distribution will bring a partners' adjusted cost base (ACB) into a negative balance. These are considered deemed gains and are the only time a distribution itself will result in a tax event to a partner. Your ACB is just your contributions, less distributions, add (subtract) taxable income (loss) for the year. So basically, if the fund distributes significant funds from, say a refinancing, there will be no taxable income to add to your ACB (since refinancing are not taxable) so the distribution may result in a negative ACB. We have ways around this by temporarily reclassing distributions to loans receivable if such situation arises.

One-Yard9754

I’m banking on it with the puts I loaded up with last week. I’m thinking best case it’s due for a retraction, after its run up. Even ACB plummeted 30% on their last earnings day when their earnings weren’t that bad.

CrimsonSkywalker725

If you were here during '16-'18 Canada bull run.... Cgc @ 7 Acb @ 3 Ended up selling at peak CGC @ 45 ACB @ 30 man those were the good days.

One-Yard9754

Lots of good trading activity today. I rolled out my ACB at the top and got back in it today, and I sold off a chunk of Greenthumb near the high to buy back. There’s a lot of intraday/intraday volatility for scalping good moves off these guys, as we wait sitting on the pickup truck watching our cocks get smaller. 😅

paragonx29

Yes, you need to take a flier and get lucky and hit on a stock like ASTS. Seriously. I have a little more than $20K invested in it at a lower ACB, and I am hoping it will help me retire early in about 5 years.

theduderino38

My tops- by current market value - currently GTI and Trulieve , then Cresco, Tilray, ACB , and lots of other below those.

One-Yard9754

The LPs have been unbelievably resilient. I've bought back two large ACB covered shares, as I didn't want to be naked on the calls, big rolls on both of them. I thought they would pullback, but nothing yet. I'll take all the rolls it will give me!

One-Yard9754

Not a surprise we’re seeing some pullback,especially on the LPs which were way overbought. I rolled off nearly a fuck buck on my ACB by selling it at the peak and buying it back lower.

GrammaIsAWhore

ACB. I keep it as a reminder.

maywoodtender426

Yup! Lost a lot in ACB. At least I got a nice write off that year

Turn-Ambitious

Weed stocks to Brrrr!ACB,TLRY,CGC,MSOS

bubblesuitcase

Man, good for you for selling at the highs. I first got into weedstocks in late 2016, and did sell about a third of my holdings near the highs where I made great coin. I was into Canopy Growth, ACB, and Cron mostly, but I’ve held on since. Got out of the Canadian stocks and moved to US names in 2021 except a month ago I got back into TLRY at $1.69 CAN.

Alex_Trenholm

Happy my ACB is $0.65 I don’t see a point in selling

Swimming-Living-6529

They are not at all comparable. Tilray is not only diversified across the cannabis market, but also agacent industries so that 1) they have a global infrastructure they can turn on as soon as descheduling happens, and 2) they can operate in at a global cost efficient and precision quality level. See the market is flooded with all sorts of cannabis companies, and there are great players in certain strategies. For example you mention ACB: they were in dire financial situation following the footsteps of dumb cannabis companies like SNDL (ie brick and mortar stores in saturated markets selling their stuff) until they started to follow one of TLRY’s strategies (in particular entering the Germany market). They are now one of 3 major exporters to Germany (but the first one, the king and the pioneer of that market is Tilray). So I wouldn’t dissuade you against ACB (some other stocks sure) but they are not as complete as Tilray. Tilray got a beating for the past year but it’s still the, in my humble opinion, laser focused to become the CocaCola or the Proctor and Gamble or Johnson and Johnson of the cannabis industry globally. The other ones are trying to be 7-11 of the cannabis industry. Again, I like ACB and Cresco but they are not comparable. There is a lot of garbage out there (SNDL is one of them, but also this is unpopular: US MSOs that are only operating as vertically integrated, like the Florida bunch because as soon as descheduling happens competition will eat up their fat margins as cannabis prices will plummet).

One-Yard9754

I've done well rolling ACB, I sold off my long position of my covered calls near the peak, with a stop to buyback at 9. If it continues to peel off I'll lower the stock to buy it back, I also wrote a few more calls to be slightly net short exposure and bought some short-dated puts too. I was lucky to load up a bunch of GTI Friday and rolled what I bought out....just gotta make the swing trades but be smart about it.

f0xinaround

ACB with the breakout

f0xinaround

Buy some ACB

K_getts

ACB CGC smallest floats they will Certainly run hard

Scannerguy3000

I never roll. I close in cases where the trade starts turning against me, and the BTC cost is less than the value loss between market price and strike. (And i include a bias factor towards BTC, which is my expected weekly yield. In other words; if I take the shares on a CSP it needs to be worth the BTC cost plus my yield) After I close a position I search for premiums again. Almost never on the same stock. In the case of Calls, obviously it’s different because you already have the shares, so you can’t switch horses. But I very, very rarely ever sell calls at a strike below my ACB, so I don’t care if they get called. In fact, my goal is to never hold any shares, and have an all Cash + CSP portfolio. Remember .20 is roughly an assumption that 4/5 of your trades will be a win. Of the remaining 1/5, you can usually BTC and limit the damage on maybe half of those. On the remaining ~10% where you get shares you don’t want, you can usually sells Calls where the strike + premium covers your ACB. And if not, just do that a few more weeks/months and they’ll offload at least break-even. In maybe 1% of cases, the value drops and doesn’t recover, and the premiums would take years to recover my ACB. In those few cases, I’ll sell Calls at .25 delta and take the larger premium and accept the risk of a sale at a loss — but the loss is mitigated. Getting assigned isn’t the end of the world. It’s fine. Get comfortable being on either side of a trade and you’ll get better returns. Rolling isn’t the magic get out of jail free card that people make it out to be. I suspect the cause of many people’s misfortune with options comes from constantly rolling and getting deeper into bad positions.

rtbufofoxtrot

I am watching the pre-market, and yes, I understand it is not a real indication. However, I am seeing at least the three I watch decline quickly: ACB, TLRY, and Cron. Does anyone have a real reason for this drop so quick?

SneezyPorcupine

In no particular order, here are my thoughts on the Canadian side… SNDL - probably the most torqued and misunderstood. Look out for news out of their Sunstream portfolio in the near to midterm. A lot of ill will built up from burnt longterm shareholders but not a bad place for newcomers. HITI - not an LP but very much integral to the Canadian cannabis story. There’s been a stream of positive analyst coverage over the past few weeks and I anticipate this will continue as the company executes on its long term initiatives. ACB - I don’t hold an investment, but do admire the CEO’s turn around of the business. Lots of negativity out there again, but the shares will probably continue to cycle into stronger hands. XLY - making the right moves now. Their ongoing relationship with Imperial remains intriguing. The executive compensation is a major pain point for me and I don’t think the near term performance excuses it, but again, not a bad place to look as a new investor free of all the historical baggage. DB - very much like Auxly in terms of how I feel about it. But also like them, they sell too products and I think that’s worth something, now that they’re mostly right sizing the rest of the business. Wouldn’t go in with a large position though. VFF - it’s probably the obvious play and now that it has restructured its veggie business, we should hopefully continue to see improvements. Management compensation is again outrageous if you ask me but hey - what do I know about what these guys “should” get paid. Shareholders seem to keep voting the comp plans in droves…

SneezyPorcupine

In no particular order, here are my thoughts on the Canadian side… SNDL - probably the most torqued and misunderstood. Look out for news out of their Sunstream portfolio in the near to midterm. A lot of ill will built up from burnt longterm shareholders but not a bad place for newcomers. HITI - not an LP but very much integral to the Canadian cannabis story. There’s been a stream of positive analyst coverage over the past few weeks and I anticipate this will continue as the company executes on its long term initiatives. ACB - I don’t hold an investment, but do admire the CEO’s turn around of the business. Lots of negativity out there again, but the shares will probably continue to cycle into stronger hands. XLY - making the right moves now. Their ongoing relationship with Imperial remains intriguing. The executive compensation is a major pain point for me and I don’t think the near term performance excuses it, but again, not a bad place to look as a new investor free of all the historical baggage. DB - very much like Auxly in terms of how I feel about it. But also like them, they sell too products and I think that’s worth something, now that they’re mostly right sizing the rest of the business. Wouldn’t go in with a large position though. VFF - it’s probably the obvious play and now that it has restructured its veggie business, we should hopefully continue to see improvements. Management compensation is again outrageous if you ask me but hey - what do I know about what these guys “should” get paid. Shareholders seem to keep voting the comp plans in droves…

pmme_ursmalltits

There is no FIFO/LIFO, it’s based on ACB. But this is TFSA so no taxes at all.

Machdonkey

ACB announced a 5-year investment plan in the Germany grow center to serve Europe. France next...

K_getts

ACB CGC have the smallest float and should be noted in case news comes

GeoLogic23

Wana expanding edibles and beverages into Georgia. https://www.morningstar.com/news/pr-newswire/20250918cl76159/wana-brands-launches-hemp-derived-thc-edibles-and-beverages-in-georgia ACB investing in upgrading their German facilities. https://finance.yahoo.com/news/aurora-announces-investment-german-manufacturing-110000311.html

ImNotHandyImHandsome

I dunno bout you, but my AIRE ACB is below 0.50. Sounds like a skill issue.

Scannerguy3000

1. Check my comments in options subs for the last month. 90% is selling CSPs OTM, around .20-.25 delta. Monitor and close if they start going bad, which is roughly 1 in 5. *If* I do get assigned, immediately CC **if** the premium plus an ATM/ITM strike with a high “selling bait” delta will cover my adjusted cost basis. If it does not (and would be a loss), then I sell conservative delta CCs on it so it lowers my ACB while I wait for (hopefully) the stock to come back up enough. Eventually (for most of then), the strike that will sell, plus the premiums will cover my ACB, then boom I’m out. Some people call it “The Wheel”, but usually that crowd treats CC and CSP as equal and they just flip back and forth without much worry. I try to stay all cash, all CSP, and only get into CCs when I have to, to get rid of shares. 2. Yes it’s possible. I never hedge, no multi-legged plays, nothing named after an animal. No spreads, boxes, or calendars. All those things just eat up more commissions and fees, they’re complicated, and put you in asymmetric collapse risk. I keep it simple. I’ve done this now with 3 different portfolios that differ in amount, when they started, and how long they’ve been running. All three are right around and over 6%. The average if the three is 6.3%. That’s 108% annualized. So if you start with $10,000 you’ll have a little over $20,800 this time next year.

Nervous_Card_7718

ACB is affected by purchases only. Not sales.

Scannerguy3000

When you “lose” a sold option, you walk away with either cash or an equity, plus your original premium earned. • ⁠Now the thing you walk away holding (and give or take the premium) may put you in the negative. - But it’s not zero. • ⁠Often, you can immediately flip to the other type of sold option, and begin chipping away at your ACB. If the market is moderate, eventually the share comes back up a little, and the ACB is continually lowered, and you can make an exit option sale and be free of the position ending in the positive. • ⁠(If it’s less cash you’re stuck with, you can still use that cash to open a new CSP on any stock out there. Whatever has the highest premiums and your safety criteria.) When you “lose” a bought option, you walk away with nothing. None of the three. • ⁠There was never an earned premium up front. • ⁠You don’t have any shares. • ⁠You don’t have any cash. • ⁠You paid the premium, and it’s gone. • ⁠There’s no second chance like above.

One-Yard9754

I got a big position in ACB, but I'm only trading it. It's very rangebound and perfect for writing options against because the premiums are insane! In fact, if it stays in a predictable range forever, I'd love it, lol!

AltMatrixs

Most of the inflation driver is tariff which I do think SCOTUS will rule againsnt Trump, With Roberts, ACB being the two that break party lines. Cutting rates next week is critical so we can continue with firing-up the economy again. Inflation will come back under control.

unclegbov

ACB CRESCO CGC I think acb shocks sooner than later with their global footprint being so strong. Usa partnership as CEO is American - Miguel has all thr connections. Cgc looks hideous which is why I like it Cresco I just keep chipping away Good luck to all My US plays will come in when green light is given.

f0xinaround

I've made some money with TLRY. And absolutely agree. I just want ACB at 2021 prices. Is that too much to ask for?

GwiyomiAF

After I sold IXHL from .21 -> 1.10 I was eyeing OPEN and ACB… thank god I got in OPEN 🥹

calle04x

Additionally, ACB, Gorsuch and Boofer Kavanaugh all lied about their position on *Roe*. It would be insane to trust anything Trump's nominees say, even under sworn testimony. They'll just lie.

siahbabedblsiah

ACB seems to have a clear up 1 week, down week 2, up week 3. I personally think it's poised for $6.00.

randomusername0000

I got burned (my own fault) on the Canada boom and bought near the top on CGC and ACB. Then I got burned in '21 on the S3 referral and bought high on Cresco. In hindsight, the Canadian boom was just an emotional mistake. In '21 it was less emotional and I was convinced S3 would simply move faster and wouldn't just be sat on like it was. My Cresco pick is based on footprint and product quality. I live in IL and was one of the people that stood outside in near 0 temps and wind to buy the first legal weed here. Cresco stood out then for quality, and still does. It's the footprint and several states and the execution of the product itself that I'm playing.

ImNotHandyImHandsome

This is an excellent entry to top up my $20 ACB

One-Yard9754

I was in there at those times too, I pulled the plug on both of them a long time ago. My investing simple was pretty straightforward, put all my monies into GTI (with TRUL too) as I saw them as the eventual winners or companies that will last if rescheduling doesn't go through. Verano has a pile of debt. I trade ACB to capture price movement with options.

invincibleparm

Roberts and ABC would be the wild cards here. Roberts has already commented on how ideologically shifted the court has gotten, and I think he might draw the line, but I have thought that before. Kavanaugh and Thomas and Alito will side with Trump and most likely Gorsuch because he only seems to care about a couple of things really. I think ACB will rule with the rest of the conservatives but won’t like it, My prediction- 5-4 for Trump.

CardiologistFew4264

He will snap at you for daring to like any mso other than GTI while he loves ACB.

Scannerguy3000

Only when an option evades my alarms and I manage to get assigned. Like, I wake up late and the market price gapped up/down in the first minutes of the day before I get online. And only then, when my formula tells me taking assignment is the mathematically better exit than closing the position. Then, my immediate goal is the shortest DTE CC I can find, where the strike price + premium will cover my Adjusted Cost Basis. If the ticker hasn’t moved much, and I’m lucky, that could be the very next Friday. If not, then I sell low delta calls on the stock to earn premium and keep lowering my ACB until the strike + premium increases, and/or my ACB decreases, until those lines cross. Then I CC at a “bait” strike price and I want it to sell. My goal is to get shares off my books as fast as possible. I don’t make money from market appreciation of stocks. That’s slow, low yield, and entirely out of my control. I’m a used car salesman. The last thing I want is a lot full of cars I own. I want cars constantly moving through.

Invest_and_ballout

CGC, Tilray, ACB are my holdings

Inevitable_Bee_9830

Just a suggestion: maybe we should look at this from the opposite direction and list companies that you should not touch. Like ACB/CGC that only dilute during hype phases.

spikey_wombat

I'm leaning that the court tosses the tariffs purely because the IEEPA provides literally no text for this and for Alito and Thomas to convince the rest would literally require the court to amend the IEEPA and subvert Congress's sole authority to write legislation. Roberts and Gorsuch are going to balk at this. While they are open to interpretation, what Trump is asking for is a wholesale amending of the IEEPA to resemble something like the Trade Act of '74. It's exceptionally hard to argue that Congress intended the IEEPA to allow for unlimited, unchecked tariff powers to be granted to the Executive Branch after they previously wrote a bill that did, but granted extremely limited capacity to do so in brightline language and also did not amend the Trade Act of '74. SCOTUS would effectively have to overturn the Trade of Act of '74 where there are literally no grounds to do so to then justify how the IEEPA grants the Executive Branch unlimited, unchecked tariff powers. Alito and Thomas will do virtually anything Trump wants. But Kav, ACB, Roberts and Gorsuch are going to balk at this idea.

Odd_Comment345

First, the company must exist so that shareholders' profits can exist. Look at the ACB. How was the ACB treated before it paid off its debts. ACB only had two reverse divisions, but it's finally out of debt. And after that, isn't ACB respected by cannabis sector shareholders?

Timely_Notice_5102

ACB (Aurora Cannabis) is currently operating without debt and with a very good progress each quarter. Yes, its main market is out of US but they already said, we are in a good financial position for or acquire or merge with another weed company if finally the US market is open for cannabis. So I can see a big potential here if finally happens.

MeetIndependent1812

My league of hopefully future winners are as follows: -lean, mean and fast - VFF and HITI -medical and international - ACB (heavy bags though) -sleeping giants that move compared slow but steady SNDL and CRON -big boy but oh boy been you lagging behind - TLRY Then I have also some in Cresco and CGC. Those are to me like the funny siblings. Who knows. Might become doctors one day or end up in smoke.

One-Yard9754

I have an insane amount in GTI, and others. I have ACB as my trading vehicle (collecting premiums), so ya I get what you’re saying. The problem is people are (and a ton of new meme guys have joined recently) confuse the meme companies with the solid operators.

MightyMiami

ACB seems like a real constitutional justice, which I like.

pixel_of_moral_decay

Yea. But now Robert’s and ACB are afraid for their lives if they turn against Trump. They only live as long as he feels they are useful. They’re just playing the game

Sryzon

This. Not all the conservative judges are necessarily MAGA. Roberts and ACB voted to allow Trump to be sentenced in the NYC hush money case, for example.

Johnny_BoySouth

Depends on Roberts, Kavanaugh, and ACB. Thomas, Gorsuch, and Alito are locks to overturn. Kagan, Sotomayor, Jackson are locks to affirm.

Thisispaartaaa

After the jump a week or so ago, I made some dough on TLRY scalping (41% in 24 hrs)...then moved that profit into ACB once it came back down a bit....so yeah, I'm covered.

Scannerguy3000

Hot take. When I have shares, my number one goal is getting them off my books. I don’t care about making money selling CCs. The calls do two things for me, (1) allows me to exit with a premium, as you said. It’s my exit mechanism. (2) If it’s not time to exit yet (there isn’t an ITM strike above my ACB currently) then they serve to chip away at my cost basis, lowering my ACB while I wait for the stock and RSI to rise enough that I can CC out and cover my ACB. Thinking that you want to make money on CCs is the path to holding a lot of shares. A lot of people think wheeling, and potentially having 1/2 your portfolio in CCs and 1/2 in CSPs is a fine idea. I am not one of those people. As I say frequently, shares can only do two things. (1) Give you excruciating slow yield. And if you’re in an options sub, you shouldn’t be thinking about yield from buy-and-hold. (2) Drop suddenly for all kinds of reason you have no control over. CEO gets caught with his secretary on camera, picks a fight with the president, who knows.

longStoryShort2Late

Sold today at 58.50. been buying shares every month since it dropped to 20 back in May... after getting in way too deep at 30 back in 2021 😒 Got my ACB to 25 ... don't like that I had that much tied up that long but finally turned it for a 133% gain Peace Out ✌️ Dish Wireless / Boost Infinite / Ehostar/Boost or however you identify TOMMROW 😉

volckerwasright

You are about to be up, unless you picked ACB or AYR or some other dogshit

Admirable-Grass9225

weed addicts are kinda back, look at the holy trinity of weed stocks, CGC - ACB - TLRY

Thisispaartaaa

I like ACB (aurora)

skyplt29

Primarily the reason it shot up today...shorts are less confident Tilray will need to reverse split. I appreciate a reverse split does not impact the enterprise value...but from what I have seen in this sector (ACB, CGC) a reverse split usually results in steady decline in share price afterwords. Getting past the NASDAQ requirement of 10 consecutive business days above 1USD is a significant milestone. Full disclosure; I sold 3/4 of my Tilray shares today at 1.90CAD. I had bought them for 1.07CAD. Like most longs, I have been badly burnt since 2017 and am a bit gun shy to hold for too long. I went from over 60% of my portfolio in weedstocks in 2021 down to about 10% just prior to the US election. Some of that was due to selling, some of it due to significant losses. In the last month or so I got up to about 25% of my portfolio in weedstocks, mostly Cresco and Tilray. Selling the Tilray today brings my weedstocks down to a more comfortable 15% of my portfolio. Tilray, Canopy, Aurora, and Village Farms will front end this recovery because they are on accessible exchanges. the MSOs do have more potential, but crappy exchanges meant for mining stocks. The only good thing about MSOS is it trades on an exchange that retail investors can access through their broker. Tilray's stock increase is exaggerated by the shorts starting to cover due to Tilray about to meet NASDAQ compliance. Just my opinion...but anyone who listened to FUDCooker today lost out on some significant gains on Tilray. Trying to keep emotion (and past burns) out of it. Not sure how this will pan out tomorrow, but getting about an 80% gain on Tilray in the last couple of weeks takes some of the sting from losses incurred over the last 8 years in this sector. My remaining shares in Tilray are covered completely off by recent realized gains so I will let them fly or die.

SwedishCope

Anyone following cannabis stocks? Why would ACB and CGC be up and VFF down after a strong open? Any particular news?

randomusername0000

CRLBF is the only one I'll hold. Ate shit on CGC/ACB in the early hype days so no more canadian companies. CRLBF is only my favorite because they're based in my state, have a good spread across the legal landscape, and I love a good amount of their weed.

b-rad2016

Feeling great today which the ACB and TLRY climbs were stronger and would help SNDL too. ICLN and MTB are also treating me nicely. Really hoping the runs keep going.

ImNotHandyImHandsome

I'm so happy to unload in the green. ACB was $4.00

Scannerguy3000

I sell Cash Secured Puts. My goal is to never own equities. The only time I sell CCs is when an assignment slips by my before I can BTC at break-even. Then my goal is a sale baiting CC if the premium + strike will cover my ACB.

IncidentSome4403

In with a 278 ACB and looking forward to getting paid a 3.25% dividend, doing pretty good

TheOneNeartheTop

I was young and dumb so was just chasing stocks in the field for awhile. I had ACB, Canopy, Tilray, Supra, just off the top of my head I seem to remember a twin one.

Scannerguy3000

My goal is entirely selling Puts on an all-cash portfolio. I have the luxury of sitting in front of a computer all day, so I can monitor my plays throughout the day. If one starts getting naughty, I have a helper column that calculates the higher value exit for me (assignment vs BTC). I do end up with shares since sometimes assignments happen. My goal is to turn them as quickly as possible. CC aimed at getting them sold if the Strike + Premium covers my ACB.

TheInkDon1

Never heard that about Thursdays, thanks. Maybe you misread me about selling stuff? >One reason to immediately sell a CC would be to lower CB. To help buffer the downtrend in the stock. I was trying to respond to this from you: >Is RSI and stock going down? Then why would you immediately sell a premium??? >I might wait a few days or a Thursday for a good time to sell CCs again on it, And here now you're saying sell CCs "and let your ACB drop." So I think we're saying the same thing. And I've been meaning to ask: ACB = *Adjusted* Cost Basis?

Scannerguy3000

Thursdays are the best days for selling weeklies - long term data research. I wouldn’t sell shares to lower CB. I’m not quite sure I even understand that. If you sell the shares they are gone and you don’t have a cost basis. If the shares have dropped in value and you can’t get out of them (where Premium on CC + the Strike at a delta that will sell covers your ACB) then hold them and sell a few cycles of CC’s and let your ACB drop, and hopefully the share price re-climb, till you can sell them at a good price on an exit ITM CC.

the_mammynun

They are just getting started. Pretty much every LP is about to sign a deal with Raj. Most importers buy LP weed and brand it as their own. Raj is going to create a "menu" of Canadian brands. That means TLRY, ACB etc can sell to Germany and actually build their own brands. By this time next year Raj will control 30% of all German imports.

Scannerguy3000

DTE — I started all over the place because I’d didn’t know anything. Then tried the common “30-45 DTE”. Some of those were long enough to bite me in the ass, and I sit in front of a computer all day so I figured I can monitor fast theta / delta changes. So I tried weeklies. I think I was killing it with those, but some of them were so fast they bit me in the ass. Now I’m trying 2 weeks to 30 days. Here’s a DTE tip. “30-45 DTE” is a simplification. It’s actually 20-30 days leak for weekly options and 40-45 days peak for monthly options. Most people don’t pay attention to whether they are trading monthlies or weeklies; so they just mush it together. But if you know you’re doing monthly use 45 days, or weekly options; use 30 days. I never defend a position. And I never roll. I’ve only had 2 negative weeks, and both were because I heard “roll” so many times. That is a stupid fucking piece of advice. Rolling means “don’t stop and think about what you’re doing”. For CSPs I never roll I always run a new screener and pick the best choice. It’s never going to be the stock you just left. For CCs, you’re stuck with the stock. But I’ll close; wait; go look at the chart, see how the stock is doing. Is RSI and stock going down? Then why would you immediately sell a premium??? I might wait a few days or a Thursday for a good time to sell CCs again on it, or when the stock and RSI start going up. BTC policy. As soon as a trade starts going bad, I close it. My goal is to catch Last as it hits my original Premium so I get out essentially free (minus commissions and fees). If it happens to move fast enough that I didn’t catch it (the dangers of rolling out of bed an hour after market open), then I already have a helper column that calculates which is the better exist - assignment or BTC. I take whichever is better. (And if it’s assignment; I try to get rid of those shares fast, I don’t care about profit. Just want to break even. If I can cover my ACB I’m happy). I don’t understand why someone would wait till the BTC cost is 150% or 200%. That’s crazy. At that point you might as well just take assignment. Don’t try to catch a falling knife. There’s always a new trade you can sell. There’s no shortage.

GianniTromboni

Similar position with $ACB , actually looks good compared to most other MJ companies. Solid balance sheet, great numbers earnings, margins etc. They have their nieche with medical cannabis angle which isn't crazy. Specially with US rescheduling which I believes opens up the market to medical cannabis and medicinal studies? I think that's the biggest catalyst. Small float , somewhat shorted.... 10% ?

DoobeyRanks

I believe Marimed will be acquired one day… All the other msos have higher premium. ACB reports in CAD and imo Canadian names won’t grow as much. Verano and Curaleaf are disgusting look at those balance sheets.

One-Yard9754

I just don’t see the growth? What’s the driver for earnings? There are many micro and small cap guys in this space growing revenues, or better yet, go with one of the big dogs who might be the 1-3 longterm winners in this space. You can do worst than Marimed, but you can do a lot better too. I remember years ago a few people were bullish on these guys because they were at one point the first bet profitable company. But they’ve more or less flat/marginally negative in growth and the share price has slowly dwindled down. Personally I would rather just add more capital to Greenthumb, or maybe I toss money into Sundial, Love, ACB, or gamble on Verano. There’s a lot of choices in this space - in 10-15 years, how many of these operators will exist?

Scannerguy3000

I’m frank about my position. I have strong opinions about what I’ve learned and experienced. And/but/so I keep probing in these subreddits to find out from others what I don’t know. I am not a finance genius by any means. I’m a bit of a trained monkey. I essentially do one thing and hammer that strategy constantly, deploying close to 100% of my portfolio. People keep saying “This can’t last”. And math and life experience tell me that is probably the case … but so far no one has been able to give me specifics on downside. All I hear are generic, vague sour grapes replies like “long tail, everyone is making money now, won’t work in a bear market” etc. But I go read the other posts and comments of those same redditors and their other posts are “I made $500K!”, “I lost $600K”, “I don’t know if I can afford a Barchart subscription”. TLDR version. I sell CSPs around a .25 delta. I expect 3/4 plays to win, and I need to actively shut down the 1/4 losers. That’s it. My goal is all cash; but some assignments slip past me, or the better exit is assignment, so I end up with some shares. Then I immediately aim to get them off my books with CCs as long as the Premium + Strike covers my ACB. My long term average is dragged down by 2 early weeks where I panic rolled when I didn’t know what I was doing, and didn’t have all the systems I’ve built since then. But every week a take a snapshot of where I’m at. Recalculate my long term average monthly yield. I just went over 4.91% to 5% this Friday (yesterday. I have another newer portfolio, much smaller, and since it was started after all my early successes, its LTAMY is over 6%. Maybe this can blow up. I’ve extensively probed ChatGPT and Claude with research mode and long thinking mode, to figure out how it can go wrong. The bottom line I always get back is 1. “Anything that would wreck this would also wreck all portfolios in the market at the same time”. And… 2. “In such a case, you would climb out of the drop faster than everyone else with hold-and-wait equities”. I’ll make a separate post going through your proposed strategy.

Scannerguy3000

You know you can prevent getting assigned, right? My goal is to monitor my trades and only take assignment is it’s calculated as the better exit. And yes; if I get shares my goal is to sell them with a CC premium + Strike price that covers my ACB.

BacKnightPictures

Here is the real kicker for re-scheduling and de-scheduling; Cannabis is a Schedule 1 narcotic meaning the government claims there is no medical application and a high degree of addiction. More important, the Schedule 1 designation means that public companies are in legal peril if they dabble with cannabis. Therefore banks, investment firms and other traditional financial services cannot associate with cannabis companies, even publicly traded companies like SNDL, TLRY and ACB. Moving cannabis to Schedule 3 will change all this and likely lead to a flood of capital into the industry in the form of back loans, lines of credit, venture capital, tax breaks and all the other financial services available to traditional companies. Re-scheduling will happen. I’ll be surprised and somewhat disappointed if Trump is the one to get it done after Schumer and Peolsi have dangled this carrot for so long. Not only would re-scheduling be a great distraction from Epstein but it would rally a lot of people behind Republicans. The election cycles tend to be a boost to cannabis stocks so I’m not expecting much but always hopeful and prepared with a healthy position in pot stocks. I’m still living off money I made in 2014 during the sub-penny pot stock boom. Man, was that a doozy!

crohnscyclist

American Apparel, A123 systems, ACB (cannabis)

Scannerguy3000

I'm just going to make a stamp that says this, so I can stop re-typing it. Call me crazy, here's my view. I advocate an all-cash portfolio. Equities are vulnerabilities. They can only do two things (1) Yield slowly from holding, (2) Drop suddenly from all factors that are out of your control. (3) No you can't pick the next NVDA. My goal would be CC to sell them above my ACB as early as possible and get back to CSPs all the live-long day. Cash making cash.

Scannerguy3000

Now flip the option type. Generically, whichever option you got assigned on, sell the other type at a .20-.25 delta for 30 days to expiry on a weekly option. Repeat as necessary. If you had shares, sold CCs, got assigned, and now have cash - DO NOT use that cash on the same ticker. Go use your options screener and find the best Premium / safety you can. Sell CSPs on that. (It would be an incredible coincidence if it's the same ticker). If you had cash, sold CSPs, and now hold shares - As above, sell CCs for around .20-.25 delta, on a weekly option that about 30 days from expiry. If your delta starts climbing and the Last price begins rising close to, or above your original Premium, Buy To Close that position. If you're watching closely, you can do it pretty close to break-even. Repeat as necessary. My suggestion is all cash portfolio, never hold equities. I know 99% of commenters will tell me I'm wrong. So if it were me, I would sell CCs (if I were assigned shares) at a Strike price that is within 50 cents above my Adjusted Cost Basis for that stock. If that's not possible, keep selling CCs until the market moves the underlying price and/or you keep lowering your ACB and eventually your Strike is above your ACB. Sell an In The Money CC at a delta above .50 and try to get those shares sold. Do \*\*\*not\*\*\* sell CCs at a Strike price that is less than your ACB.

alphalegend91

I fell for that shit once… never again. Rode ACB down from like $9 to $1 before covid. Just went and looked and it’s since reverse split 1:12 and again 1:10. So if I had held it my $9k would have been $45 now 💀

BkkPla

$ACB wheeeeee

Thisispaartaaa

ACB - Aurora Cannabis...going long on this one for a bit...They have had a surge in Poland...I am thinking this is due to the war in Ukraine, as cannabis apparently helps with PTSD, and Ukraine has allowed it for medical purposes as of the last year or so....ACB for the win!

jgleeke

ACB reverse split twice already...

KAESLAX

This also means VFF has surpassed ACB and OGI in market cap, and is even getting close to CGC now. Curaleaf is also back at the top as largest MSO.

Remote_Laugh_6948

If that type of stock that’s on the verge of reverse splitting can have that much volume, imagine ACB if it reaches those levels. And obviously it’s gonna have more volume it was a damn 0.80 cent stock