Reddit Posts
WATCH COLUMBIA CARE AND CRESCO STOCKS, UP BY 400% AND 130% SINCE AUGUST 30
CRESCO, COLUMBIA CARE, CURALEAF WILL ENTER New York ADULT USE MARKET
COLUMBIA CARE UP 400%, CRESCO UP 150% SINCE AUGUST 30 - MASSIVE SHORT SQUEEZE COMING
How exactly the reclassification of Marijuana will affect marijuana companies/stocks
Recreational Cannabis Coming To West Virginia As Dems Unveil New Bill - Heritage Cannabis Holding (OTC:HERTF), Columbia Care (OTC:CCHWF)
Cresco-Columbia Deal Delayed Again: Could They Walk Away From Merging Into Nation's Biggest Cannabis Co.? - Cresco Labs (OTC:CRLBF), Columbia Care (OTC:CCHWF)
$CCHWF Leading Independent Advisory Firm ISS Recommends Columbia Care Shareholders Vote FOR the Transaction with Cresco Labs
Q4 vs Q1 - $MRMD $TRSSF $GDNSF $CCHWF $PLNHF $SHWZ
PennyStockRumble!!! MRMD, TRSSF, JUSHF, ACRDF, CCHWF, GDNSF ... 2020 vs 2021
Mentions
Are they being punished for not closing the deal on $CBSTF (formerly Colombia care $CCHWF)? Combination of the two could be been the #1 or #2 by sales...
Pre-DA SPAC TGAA schedules an extraordinary meeting for December 15th (extension). Would just like to point out proposal #3, The Director Appointment Proposal. This is to re-appoint Misters Jeffery Clarke (who just joined TGAA in November) and Michael Abbot as Class I directors to serve until the 2026 annual meeting. Both of these directors have connections to Colombia Care/CCHWF 👀
It isn't clear at all what assets the fund still holds just as it wasn't ever clear what assets they ever held in the first place. Read the article in full: Traynor was an incredibly shady fish that, surprise surprise, eventually got taken by a bigger shark in a dangerous ocean. Ironically it's starting to look like it was CBSTF that did it to them with the private placement. If so then Traynor was incredibly naive and made the kind of mistake many retail cannabis investors made about the rally's staying power (this author included, though thankfully only to a limited extent). At any rate, we watched in real time as a lot of Traynor's cannabis holdings got liquidated in late October (timeline matches up perfectly to the known facts) but it's unclear if this was the totality. It could simply have been that specific late-timeline series of cannabis trades mentioned in several other news articles that the brokerage houses unloaded when they could not close. There could be more held directly at Traynor and we won't know for certain for some time. Maybe we never will. Probably we never will, what with Canada being the world capital market's Delaware. I strongly suspect that Traynor got caught naked shorting and tried to mitigate perceived risk with more bad decisions. I recall very clearly that Dan from TCG said *during the rally's initial fade* that he wanted to short CBSTF (then CCHWF) but shares were not available to borrow. It isn't hard to see how they (he, really, since Traynor is fundamentally just one person) might have panicked over the HHS rally and thought the bottom was finally in... hell, most of us thought that. Taking the private placement with CBSTF, the name that ran the hardest during the rally, seemed like a logical hedge against a short position he knew was impossible to cover. It still doesn't fully explain why the situation escalated and ended the way it did but there's no way to know any of that without more information. I have large positions in all 3 of the companies mentioned in the Traynor reporting and I've not reduced, nor will I be reducing, any of them. The fundamentals of the companies have not changed and I'm not going to be suckered into selling into this type of unique negative price scenario. The stocks might be hit further at some point in the next few months but like the previous hit it'll pass. It's just noise, but at least it's interesting noise that gives us all something to do while we wait for *The Big Soon*. As always, all of this is speculation and I'm not an expert, but I've been following the entire saga very closely and have read most of the court documentation, including all of the Traynor funds prospectus documents. It really struck me how they were crystal clear in their stated intention to disregard securities laws in countries outside of ~~Delaware~~ Canada.
But when **gambling** long the payout ratio for penny stocks is **much** higher because the pump/spec market does not give a fuck about market cap. You are arguing value when the context is asymmetric risk/reward. GTBIF (value) was up like 90% at the peak of the HHS rally while CBSTF (then CCHWF, risk/reward) was up over 350%. You're right, it's just not relevant here.
I’d take a 3x on GTBIF and MSOS and never look back. Obviously I originally expected to do better but that would get me even and put a few bucks in my pocket… basically like I invested in a shitty CD. Fortunately that’s like 75% of my cannabis portfolio because I’m pretty sure I’m never getting close to even on TLRY. Maybe I can get back to even on CURA and CCHWF or whatever the fuck it’s called now. We’ll see how things shake out. I’ll probably wait until uplist.
Incidentally this report was updated late in the afternoon several times, the latest one specifically adding Cannabist (CBSTF, formerly Columbia Care CCHWF) to the list of names involved. Obviously we already all knew it was very much involved. Considering what we've seen in the past few weeks in the sector you have to wonder exactly what happened here and how much competitors knew and exploited.
That's likely referring to this: NEW YORK--(BUSINESS WIRE)--The Cannabist Company Holdings Inc. (NEO: CBST) (OTCQX: CCHWF) (FSE: 3LP) (“The Cannabist Company” or the “Company”), one of the largest and most experienced cultivators, manufacturers and retailers of cannabis products in the U.S., announced today the closing of the previously announced private placement (the “Offering”) with institutional investors (the “Investors”), for the purchase and sale of 22,244,210 units of the Company (the “Units”) at a price of C$1.52 per Unit (the “Issue Price”), for aggregate gross proceeds of approximately C$33.8 million or approximately US$25 million (the “Initial Tranche”).
dirty shorts took advantage of the ticker change in CCHWF **NEW TICKER FOR OTC IS CBSTF**
FYI....CCHWF converted to CBSTF for their branding change to Cannabist.
CCHWF is better than most think and is a bet on florida rec, among other things. I think its a great high-risk option. For a “bluechip” option to compliment CCHWF I would go with greenthumb (GTI) because TRUL and Verano are relatively more dependent on Florida rec than GTI. This would be a long term strategy. I dont understand Cura, or why anyone would pick it over GTI long term. Short term it will probably be more volatile so maybe thats why it gets the love that it gets. Do your own research though, im only sharing to widen your considerations and I wouldn’t be surprised if the next reply contradicts me and is correct haha
I am new to all of this and I chickened out early, cutting my losses. It looks like I could avoid wash sales if I buy back in with CCHWF and CURLF. Are those two solid candidates for growth?
Yep my average was stupidly high because I started buying in 2020-21 lol. Have been averaging down as I still believe in it. My CCHWF is still almost in the green even after these recent dips because of that. Things will pop one day and the lower my average by then the better
Lol everyone is finally coming around to understanding that Canadian LPs can't touch US, and will be so far behind that ball when SAFE happens that they won't be able to get into the market unless they buy a low tier player. Aka, if you're betting on SAFE and rescheduling....don't buy Canadian, buy American! Buy $GTBIF $CCHWF $CRLBF $CURLF $TSNDF $MSOS and some others
Short panic on CCHWF has been eye popping lately.
Oh nice, didn't know they ETFed around in August. Appreciate the heads up. Quick search shows holdings: 24.80% GTBIF – Green Thumb Industries 19.86% VRNOF – Verano 19.81% CURLF – Curaleaf 15.10% TCNNF – Trulieve 14.93% CRLBF – Cresco Labs 5.04% CCHWF – The Cannabist Company
NEW YORK--(BUSINESS WIRE)--Sep. 19, 2023-- Columbia Care Inc. (NEO: CCHW) (OTCQX: CCHWF) (FSE: 3LP) (“Columbia Care” or the “Company”), one of the largest and most experienced cultivators, manufacturers and retailers of cannabis products in the U.S., announced today its change in legal name to The Cannabist Company Holdings Inc. and will rebrand to The Cannabist Company (“Company”). The rebranding reflects the Company’s continued dedication to building a cannabis company for the future, which fosters innovation, creativity, and passion across its teams, adult-use and medical customers, partners, and the industry. In addition to the rebrand, the Company's common shares and warrants will trade under the symbols “CBST” and "CBST.WT", respectively, on Cboe Canada effective Thursday, September 21, 2023.
No inflows or outflows today for the @AdvisorShares $MSOS ETF but Dan did do a little shopping. Here are the changes made to the holdings for September 18, 2023. 💰 position $8.90M vs $11.35M Current NAV $8.84 Have a good night #MSOGang! 😊💚🥂 $GTBIF 20,000 💥 $CURLF 100,000 🌿 $TCNNF 50,000 🌞 $TSNDF 50,000 🌪️ $CRLBF 200,000 🧪 $CXXIF 50,000 🌻 $JUSHF 50,000 🔥 $CCHWF 200,000 ☄️ $ACRHF 50,000 🍁 $GLASF 50,000 🏡
Not sure what the consensus opinion is on this strategy by the WEED ETF going all in to the Tier 1s (Top 5). Seems too highly concentrated for my liking personally. Roundhill Investments u/roundhill 12:54 PM · Sep 18, 2023 "Roundhill Cannabis ETF Rebalances, Now Offers Hyperconcentrated Exposure to Five Leading MSOs . Following its recent outperformance, $WEED has sold its position in $CCHWF, and now intends to be market cap weighted amongst the five leading U.S. MSOs: $CURLF $GTBIF $VRNOF $TCNNF $CRLBF"
Columbia Care Inc. (NEO: CCHW) (OTCQX: CCHWF) (FSE: 3LP) (“Columbia Care” or the “Company”), one of the largest and most experienced cultivators, manufacturers and retailers of cannabis products in the U.S., today announced that it has entered into subscription agreements with institutional investors (the “Investors”), for the purchase and sale of 22,244,210 units of the Company (the “Units”) at a price of C$1.52 per Unit (the “Issue Price”) pursuant to a private placement (the “Offering”), for aggregate gross proceeds of approximately C$33.8 million or approximately US$25 million (the “Initial Tranche”). The Investors will have the option to purchase US$25 million in additional Units at a price equal to the Issue Price, upon written notice to the Company at any time up to 45 days following the date hereof (the “Investor Option”). In connection with the transaction, the Company and the investors entered into a customary registration rights agreement. The Units will be subject to limited lock-up requirements. The Company has also entered into a non-binding agreement with the Investors with respect to the repurchase by the Company of up to US$25 million of principal amount of their holdings in the 6.0% senior secured convertible notes due June 2025 of the Company (the “2025 Convertible Notes”), the purchase price of which would be payable in common shares of the Company (“Common Shares”). Completion of these transactions would be subject to definitive documentation and receipt of all necessary regulatory approvals. In addition, the Company is in continued discussions, as previously disclosed, with certain holders of the Company’s 13% senior secured notes due May 2024 (the “2024 Notes”), to exchange their 2024 Notes into the Company’s 9.5% senior secured notes due February 2026 on a one-for-one basis (the “Debt Exchange”). Private Placement Offering Each Unit consists of one Common Share (or Common Share equivalent) and a one half of one common share purchase warrant of the Company (each full warrant, a “Warrant”). Each Warrant entitles the holder to acquire one Common Share of the Company at a price of C$1.96 per share, a 29% premium to issue, for a period of 3 years following the closing of the Initial Tranche and the Investor Option, as applicable. The closing of the Initial Tranche is subject to customary closing conditions and is expected to close on or about September 21, 2023. The Company intends to use the proceeds from the Offering to reduce its outstanding indebtedness and for general corporate purposes. **Institution investing near the lows**
No. Buy American names or ETFs MSOS GTBIF CURLF TSNDF CCHWF CRLBF
$CCHWF - as of today still 30mm shares short. The shorts continuing to defend. 750mm mkt cap company. Has a to of room to run (13x is 3bn). This a name that can double easily
Big $1M USD traded in CCHWF today!
There was positive news a few min ago and my port jumped huge entirely on cannabis stock news. Columbia Care (CCHWF) jumped about 15% in less than 1 minute and almost all of the rest jumped significantly, too. There was some selling off instantly by people who hadn't seen the news, but everyone else bought the dip and way more. DuckDuck quadruple witching. I don't feel like explaining it again.
There are a number of good investments in the sector right now, but Columbia Care (CCHWF) and Green Thumb (GTBIF) for me are the top two. I see stable growth and probably survival post-legalization for both. I believe that Columbia Care is going to report big results next quarter based on MD legalization revenue and a number of efficiency improvements, and if 280E passes their stock is going to skyrocket. They were going to merge with Cresco (CRLBF) but got derailed by 280E. If 280E reform goes through that merger might still be available but I have no idea if this is still an option or not.
Hahaha I was just looking at the same thing for my CCHWF (still -75%). This and AYR I stopped averaging down a long time ago tho...
Do your due diligence CURA and CCHWF both have exposure to the European market
$CGC early preview for $CCHWF
I'm long CCHWF since HHS announce and I'm adding to my position on open today. The price action makes the short exposure almost eye popping to watch. The legions that shorted CCHWF and now insist on hanging on are going to get burned to the ground. **This is going to be fucking epic.**
$MSOX $CCHWF squeeze. NVDA short
$CCHWF is insane. The shorts increased after the news. Now 30mm shares short
I recommend spread your investment on 4 or 5 US multi state operators like Curaleaf, Cresco, Trulieve, Green Thumb and Columbia Care. Keep away from Canadian LPs like Tilray and Canopy. They are POS companies rising only due to the sector rising. Invest in US operators and just wait for 8 to 12 months and see where your portfolio goes. With so many near term catalysts, don't be surprised to see these US multi state companies trade 10X to 50X their current prices. The party is about to begin! Look at how much these companies have surged in the last 9 days since August 30. CCHWF up by 400%, CRLBF up by 150%. Curaleaf up by 100%. These are facts. No BS. Its HIGH time. Lets join the party.
Marimed-man, your analysis is excellent and completely based on facts. I wish more people would post like you did. I would like to add that there is a potential massive short squeeze opportunity on Cresco and Columbia Care. Columbia Care (CCHWF) has risen 400% since August 30 rescheduling recommendation. There are reports that more than 30 million shares are held short by Canadian hedge funds. CCHWF's current market cap is only $323 million. If 500K investors each buy 1000 shares of CCHWF at current price of $1.14, the short squeeze will be so massive the stock can surge 50X because the daily average volume is around only 750K. Cresco has risen by 150% since August 30 and now trades at $2.50. Cresco was at all time high of around $17 in 2021. Cresco's market cap is only $700 million. If 500K investors each buy 1000 shares of Cresco, the short squeeze will be so massive Cresco will simply go vertical to the moon.
CCHWF best was to play the rescheduling - HFs gonna be forced covering this up to $3
I read here that there are still 30 million Columbia Care CCHWF shares shor. A short squeeze can start in a week or two. CCHWF is already up 400% since August 30 rescheduling recommendation and now trades at $1.14. if the rally continues and CCHWF rises north of $2, there will a massive short squeeze which will send the equity north of $6. Even at $6, CCHWF market cap will be less than $2 billion which is not unreasonable for a company with nearly $500 million in annual revenue. In 2018, Tilray's annual revenue was less than $40 million but had market cap of $20 billion. So, Tilray was trading at 500X its revenue. Even if CCHWF surges north of $6 due a short squeeze, it will trade at 4X its revenue. Right now, a good strategy maybe to buy all tier 1 like Curaleaf, Trulieve, Green Thumb and some tier 2 US multi state operators. Some of the weaker companies like Cresco, Columbia Care and Ayr Wellness likely have most upsides simply because they were considered bankruptcy risk just prior to rescheduling recommendation. After the rescheduling recommendation, the landscape has dramatically changed as removal of section 280E tax will make these companies instantly profitable with healthy free cash flow.
The 3 C’s! $CCHWF, $CURLF, $CRLBF. the most shorted names - specifically $CCHWF
$CCHW $CCHWF - Canadian Hedge funds have been shorting the stock every day for 8 months. There are still over 30mm shares short. This one could mega squeeze
Well I’ve finished averaging down what I can. Can’t average down any of my MSOs: CURA, GTBIF, CCHWF, PLNHF. Unfortunately my broker stopped allowing OTC transactions 1-2 years ago. But I got my MSOS average to $14 and CGC to $5 (USD). I feel ok about those. CGC might take awhile to recover on though.
I cannot believe I am approaching green on CCHWF lol. I have been slowly averaging down for years and its nuts to see that loss number finally shrink
I'm in the same boat. Sitting at $.78 avg on my CCHWF after moving about half my cresco shares into CCHWF in Jan/Feb. Though, my unrealized profit doesn't amount to a new vehicle haha
Did anyone see Columbia Care (CCHWF) numbers for Aug in MD post legalization? Ridiculous.
$MSOS took another $20mm in yesterday. Time for a rip in the heavily shorted underlyings $CURLF $CCHWF
Lol @ shorts fighting/ scrambling to hold that $1 psych wall in CCHWF
Holy shit, CCHWF (Columbia Care) is up 25% with heavy volume. Bids have been 100k + shares, whales are pilling in. CC has been up considerably more than the sector 100+% over the last week. I'm wondering what's up, maybe being acquired? Cresco was willing to pay 2 billion for them less than 2 years ago. Market cap is currently at $380 million now. This is my baseless speculation
30mm shares short $CCHWF. Columbia care. Gonna be insane squeeze to cover ..
I'm in big guys, and I'm going to add to my positions next week. MSOS, CCHWF, JUSHF, primarily. I know what's happening here. I've watched this sector for 25 years. We're still in speculative territory as far as stock prices are concerned but we're very close to legislative and political game changers. You can smell them coming and the smell is stronger than the dankest drow. They're not even on the horizon anymore, they're practically in the room. If you don't understand how fundamentally 280E reform would change the cannabusiness financial situation and hence cannabis stock prices then you fucking deserve to stay poor. Is 280E reform going to pass? Just as with the recommendation to switch pot to Schedule III, I have no idea. Nobody does except a few top political insiders. But as soon as the Senate working on 280E hits the news next week cannabis stock prices are going to moon up again, and there are a number of upcoming 'positive surprise' type events that are very likely to continue the bull run after that. As I understand it (from reading the actual text of 280E itself) if cannabis does indeed get Sched III then 280E reform isn't even needed as 280E only applies to Schedules I and II. So *either* 280E reform OR a rescheduling to III would allow cannabusiness to claim deductions under Section 162, and either one would be a **massive** game changer for the entire cannabis industry. I lack superlatives to adequately describe what would the happen to pot stock prices, but the moon probably won't be nearly high enough. TLDR: Cannabis stocks remain speculative but they're one of the best speculative investments you can make right now as the prices are very low, the prices are very likely to rise significantly in the short term, and the prices have a good, solid chance of continuing to push up further over the next 12 months. Cover yourself with trailing stop loss if you have to but don't dismiss this changing situation out of hand because it seems "crazy" to you or "doesn't pass the smell test". You'll regret it. Smell a little harder, look a little closer, and do the math. Change is here and **more change is coming.**
$CCHWF $MSOS. The new hedge fund short squeeze blow up to end Q3
30mm shares short on $CCHWF Columbia care … up 85% last week
It's awesome to see these big percentage changes im up 100% over two days on my CCHWF holdings. But Now im only down 85% lifetime! Temper your excitement all.
LOL these CCHWF shorts be sweatingggggg
dont know why this and comments are getting downvoted...... both are undervalued, CCHWF has better growth prospectus in my point of view while TCNNF has great brand deals and florida on lock
Which stock/company do you guys like better between TCNNF and CCHWF?
PSDN ETF liquidation update: https://twitter.com/junglejava1/status/1691246860726423553?s=46&t=R3FbbhS_l0lFIJt2nBUUiA The liquidation continued today for the @AdvisorShares 🧜♀️🧜♂️ 🧜♂️🔱 $PSDN ETF and here are the changes made to the holdings for August 14, 2023. $GTBIF (132,812) 🪦 no longer a position. $VRNOF (173,448) 🪦 no longer a position. $AAWH (28,125). $TCNNF (10,000). $CRLBF (10,000). $TSNDF (8,000). $CCHWF (20,000). $CURLF (40,000). $PLNHF (10,000).
I just checked, in recent years there are actually only two instances of names here dropping 50% or more in a single month: \- CCHWF -55% (Dec 2022) \- CGC -54% (Jun 2023) The worst months for most of the other names are somewhere between -25% and -45%.
CCHWF market cap= 190.465 M, Rev= 129 M Net -0.07 per share TSNDF market cap= 573.821 M, Rev= 72.1 M Net -0.055 per share
I also just noticed that this week's -23% dump on Cresco has resulted in them losing their spot as 5th largest MSO to Terrascend. Current market cap rankings: 1) CURLF = $2.025 B 2) GTBIF = $1.563 B 3) VRNOF = $958 M 4) TCNNF = $750 M 5) TSNDF = $565 M 6) CRLBF = $506 M 7) CCHWF = $175 M
The largest publicly traded cannabis MSO's active in Ohio all trade on the OTC: CURLF, VRNOF, GTBIF, and CCHWF. You could also just play the US cannabis ETF, ticker MSOS, or if you want the leveraged ETF, ticker MSOX.
PSDN did some selling across the board today. Deleveraging. https://twitter.com/junglejava1/status/1689470067589664769 jungle.java @junglejava1 Team Poseidon made some adjustments today for the @AdvisorShares 🧜♀️🧜♂️ 🧜♂️🔱 $PSDN ETF and here are the changes that they made to the holdings for August 9, 2023. 😊💚🥂 $GTBIF (17,676) $VRNOF (20,063) $AAWH (62,215) $TCNNF (6,356) $CRLBF (5,641) $TSNDF (9,362) $CCHWF (19,362) $CURLF (15,200)
**UNUSUAL $$$VOLUME** * CCHWF - $36.4M * PLNHF - $12.6M * MRMD - $11.4M * JUSHF - $1.85M * LFLY - $1.42M * FFNTF - $1.36M * VEXTF - $914K *Value in USD*
Morning trading CCHWF $0.4512, +$0.0320, +7.6154% CRLBF $1.66, +$0.0860, +5.4368%
RIP CCHWF and everyone who swapped their Cresco shares for CC for the arb gap.
*Our current Loss Porn collection consists of:* *1) All-Time-Fan Favorite Bargain Bagholder's Choice:* CGC - Can of Pee Gerth *2) Oh You Bought? But Nobody Cares:* CCHWF - Columbia Cares *3) AssEnd Up, Stock Down:* AAWH - Ascend Wellness
Anyone here trading CCHWF and actually catching the dips to profit off the 15% bounces? Can't believe there's even enough liquidity to sell...
CCHWF and CLVR both taking the plunge today, sheesh what else is new
CCHWF vol is 507.6K @ 2:55pm. +3.27% that's what I see
Small - VEXTF | CWBHF | MRMD | PLNHF Larger - TRSSF | GTBIF | CRLBF(CCHWF Arb high risk, high reward) CXXIF has some of the better fins in the sector but its only an Oregon play so ill leave them an honorable mention
Reading their 10-K reports. They don’t mentions SAFE ACT as a risk. They however do mention the sessions memo and repeal of the cole memo. Plus as I stated before 89% of their companies are MSO’s they’ll not be able to apply for SBA loans due to their size. SAFE will only affect those companies that are mom and pops distributors and allow for everyone to do banking with credit union and possibly big banks. Last night I stayed up really analyzing their current and previous year 10-k reports. If you give them a read over you’ll see a ton of their previous top customers are no longer top customers due to their growth. Such as, kings garden which has been acquired. Parallel only rents 4 properties 2 are in California and only account for 8% of their rental revenue. Where as Curaleaf, Trulieve, Green Thumbs, Cresco, CCHWF, and AAWH account for about 70-80% of their revenue. Those are all strong MSO’s.
[https://twitter.com/junglejava1/status/1654646507146993665](https://twitter.com/junglejava1/status/1654646507146993665) There was another inflow today for the AdvisorShares $MSOS ETF this time consisting of 500,000 share creates valued at $3,075,000. Here are the changes made to the holdings for May 5, 2023. 💰 position $992k vs ($324k) Have a great weekend #MSOGang! 😊💚🥂 Buys: $VRNOF 100,000 👀 $CRLBF 200,000 🧪 $TRSSF 300,000 🌪️ $CCHWF 100,000 ☄️ 🧪 $MRMD 300,000 🧜♀️ Shares received in-kind $GRWG 100 $PW 1,800 $UGRO 4,690 $AFCG 100
I was looking at the 6c MSOS for June this morning and put in low bids for CCHWF instead. Never got filled. Fuck my ass lol
Noticed that as well, very interesting. I'm DCAing tomorrow. CCHWF can't go much lower at this point.
There are two exchanges: CCHW:AEQUITAS NEO-L shows about 3.8M shares traded. These are where my shares were. CCHWF on the OTCQX INTERNATIONAL shows about 130K shares traded.
Massive Cresco vol today. 10.21M, 1212% of daily avg 842.12K. Close $1.82, +$0.01 CCHWF 273.89, 50% of daily avg 543.08K. Close $0.62, +$0.01
27% GTBIF, 24% TLRY, 23% VRNOF, 10% TCNNF, 5% CCHWF, 4% CRLBF, 2% MSOS. Based on original cost basis, my top 3 are TLRY, VRNOF, and GTBIF. Currently down 51% overall.
thanks...though CCHWF was the only ticker
is it worth it with the exchange etc for a Canadain to buy CCHWF? thx
Looks like time to buy more CCHWF!
Good news for Cresco merger with CCHWF.
Maryland turning on adult use cannabis on July 1st for existing medical operators if they pay a fee. https://www.marijuanamoment.net/maryland-lawmakers-unveil-bill-to-launch-marijuana-sales-months-after-voters-approve-legalization-on-the-ballot/ List of operators by state can be found here https://twitter.com/Cannalorian/status/1619047519299993606/photo/1 Notable top dogs (there's a few more too): $TCNNF (3) $CURLF (4) $VRNOF (4) $GTBIF (4) $CCHWF (3) $AAWH (4 - pending acquisition)
Existing medical cannabis dispensaries would be converted into dual licenses on July 1 if they’ve paid a fee. $TCNNF $CURLF $VRNOF $GTBIF $CCHWF
Breathe easy… place your bets on CCHWF. Buy it while the reefer is ready to be lit 🚀🚬
So each Columbia share will be converted to .5579 of a Cresco share? Close CRLBF $1.95 (.5579) = $1.09 Close CCHWF $0.78
Thinking of taking my loss on CRLBF tomorrow and moving the funds to CCHWF for tax loss harvesting
1 million CURLF & 2 million CCHWF shares traded after hours…
So excited for Monday, I got GTBIF, CCHWF and MSOS calls. Been waiting almost 2 years for this
CCHWF closed 14% above it's daily low
There is no volume at all. Only Green Thumb had close to yearly average volume for the day. Everyone except Green Thumb was basically zilch. I wouldn’t call today’s volume selling. Tier 1 OTC volume today: TCNNF 83.87k GTBIF 549.27k CRLBF 239.56k CURLF 134.06k Tier 2 VRNOF 103.90k CCHWF 186.34k FFNTF 87.42k PLNHF 149.65k
goodness growth GDNSF is being bought by Verano, and I believe you are still getting a 10-16% discount by buying GDNSF. Same is true of CCHW or CCHWF being bought by Cresco. .226 shares of verano for every share of Goodness Growth, .5579 shares of Cresco for every share of Columbia care. Some risk of deals not happening, but the penality clauses are extreme so both sides very motivated to close.
CRLBF - Cresco - soon to be the biggest player in American Cannabis after they complete the merger with CCHWF - Columbia Care. Only buy American MSOs - they’ll benefit the most from any policy changes.
CRLBF - Cresco - soon to be the biggest player in American Cannabis after they complete the merger with CCHWF - Columbia Care. Only buy American MSOs - they’ll benefit the most from any policy changes.
I was thinking CCHWF (Columbia Care) is a good pick... Each share will turn into 0.55ish shares of CRLBF (Cresco Labs) by end of year after they merge...
CRLBF and CCHWF only ones in the green. This means something...
I like TCNNF, CCHWF (CRLBF at a discount), GTBIF.
Between CRLBF & CCHWF, the combination is certainly my largest MSO position. I agree with your assessments of the merger. I think the aquistion will initially be a slight financial drain, but should help their top and bottom lines immensely by the end of '23... NY, even with its ass backward regulations will be a revenue generating beast. Charlie's team did their homework before approaching CC.
LPs = Tilray, MSOs = Curlf, Cresco, & CCHWF and some GRWG because it trades hot.
Several/most analysts stopped modeling their estimates for CCHWF. For example, the estimates have been revised down for most of the other MSO's while they haven't for this one. That's how GTBIF and CURLF "beat". 5% QoQ is still a miss though. On average it should be ~6%. EBITDA was a sizeable "miss" too.