MJ

Educational_Bag_1923

MJ took that personally

Tiaan

MJ Herald said that Trump directed Bondi to issue the final rule by the end of January. That is not the same as the MJ Herald saying that the final rule is coming out next week. Trump could've directed her to finish this by end of Jan and it still not get finalized by the end of Jan, doesn't mean MJ Herald was incorrect. Just want to clarify this as this is how the game of telephone in this sector works that ends up making people angry at these "insiders" when things don't materialize based on their incorrect interpretation of what was actually said

DowntownWpg

I doubt MJ lobby paid Trump $2M+ for that kind of delay. Trump chose to do this for the industry. He could have just had an executive order for the CBD hemp industry and been done with it. In a midterm year he needs to add those cannabis jobs and win easy support from single issue swing voters. A delay makes no sense, as I'm sure additional super PAC money will be flowing shortly after rescheduling is delivered.

UsedState7381

Nobody knows, MJ Herald, Shadd from TDR and Todd Harrison are the only ones running with this rumor, not exactly the best sources.

DowntownWpg

So is schedule 3 final rule coming out next week like the MJ Herald says?

Twist_of_Fate_44

MJ just isn't trading like those who know, know Or is it?? ;)

Loose-Minute8709

I'm average day trader, not great. I'm up due to politically driven picks - gold, drones, and defense. Not all wins though - my biotech positions got crushed (Crisper and Moderna) because they dropped before I could reallocate. All carrying a lot of MJ bags because I thought Trump would push for legalization as a populist move. Bottom line, when Trump got elected I reviewed the project 2025 plans and adjusted my portfolio accordingly

UsedState7381

>Ben was too busy spending his days fighting with Dan on X, when he should've been off in Washington coddling old Donnie with Kim and the other grovelers .. For once, I don't disagree with you. But to be fair, he also did put up some of Green Thumb's money towards lobbying, it's not like he's sitting on his ass doing nothing while the rest of the industry is on Donnie's ear truing to get reforms, he's helping somewhat. I hope that once schedule 3 is finally here and members at the White House can openly talk about the MJ industry(and not just the medicinal side of the plant), Don will start to really pressure congress to push the reforms forwards and make public statements about it. I think there was tidbit of a article a month ago talking about the meeting he had with Kim, Kessler and other industry insiders VS some prohibitionists, and Trump wanted to tweet about it already but couldn't until the comment period was over, after the Final Rule.

sellwhenibuy

Hate to say it in this sub of MJ, but Let's go Charlotte's Web!! At least there's one going up.

deertracker2022

Freakin' brothers every way like MJ

Withknowledge-Okute

lol you redditters are hilarious. well...i was up and sold on friday. ... MJ shrugs

ultralord8

Freaking Kardashians and Rappers need to lobby Trump about all the global corporate opportunities and American jobs. Trump needs a meme coin based on MJ industry...

aioliravioli

lebron is a billionaire yet still needs to promote gambling for a check it's crazy hoq greedy these people are like have some class and BE the gambler like the true goat(MJ)

markaction

So if you bet on the Chicago Bulls (with MJ) losing to Washington Bullets of that era -- well, the odds are against you. Is that suddenly investing? Hell no, it is gambling. The odds have nothing to do with it. Some gambles are high-probability and some are low-probabity. Go ask an options investor.

Many_Easy

Market manipulator **Doug Kass** in May 2024 (20 months ago) hyping DEA approval. **What’s the latest with this charlatan?** Article quoting **Doug Kass** on cannabis rescheduling: Reform: Our Industry’s Great Divide — MJ Magazine — This article quotes Kass’s post on X that said: **”We have learned yesterday that the U.S. Drug Enforcement Administration will shortly approve a rescheduling of cannabis to Schedule III…”** according to his social-media posts. https://mgmagazine.com/business/legal-politics/reform-our-industrys-great-divide/

AthleteNerd

Two different companies won't ever trigger a wash sale since they cannot be identical. Two different ETFs also will not unless the index being followed are exactly the same. (SPY/VOO = wash MSOS/MJ =no wash)

New_Dust_2380

What gets me, is that when laws have been made in the last couple years for example solar power or rare earths, the market absolutely flies. But for some reason the rich Wallstreet ghouls only attack marijuana. I dont fully understand. Like, I get the short term strat of dunking on dumb money and scaring them into selling for a loss, but they must see up the upside here. The rare earth stocks are equally junk stocks and are purely prospective, but that didn't stop them from doubling on tariff news. Members of congress brazenly inside traded solar stocks (without consequences. What is the purpose of the SEC again?!) before the announcement of the import ban. But seemingly no interest in cannabis sector. Is it stigma? Is it a "bird in hand" idea? Are they waiting until the DEA officially reschedules? Or, do analysts truly not see the billions of dollars in revenue that is about to hit this sector this year? Look, I know its not all apples to apples, but this massive short attack on cannabis stocks is just disconnected from reality. Pushing down already beaten up stocks on low volume is just asinine. Especially when there is money to be made on the upside. Why is everyone with money so F-ing evil? I digress. One of the biggest reasons the MJ sector dropped this year is because Trump got into office and the DEA canceled the proposed rescheduling. HELLOO?!@?! YOUR FEARS WERE UNFOUNDED! CLEARLY! Rescheduling is now back on. Yes, there are still challenges for the industry, but this move cannot be understated in its significance. Go look at any old MJ business on the market. Now check their income statement and balance sheet and imagine a few hundred thousand to tens of millions, depending on the company, in tax relief on those statements. How would those statements change? Now imagine the extra revenue from medicinal MJ sales from new buyers. OK, now imagine J&J, MERK, Phizer, and Abbot buying up the medical MJ market. along with revenue rolling in from medicare recipients. Do these companies still look like penny stocks to you? If you say yes, I guess I'm the dumbass here, IDK.

yayahi

I’ve been watching MSOS since 2020, before that, MJ since 2018. I entered around $8, average costed down, and got out recently for a little profit. I just very recently after that big down move started to buy more, very slowly. Anyone with options will get absolutely smoked. Weed stocks will always grind lower before u capitulate & then move up. Buy MSOS shares, a small amount- no more then 1% of your net worth and don’t look at that shit. It’s the only way to make actual money on this shit. Your options- I don’t care if they’re out to 2027. You will lose money on that shit

pho-huck

Trump heard MJ say “Fuck them kids” and took it literally

Elementary_drWattson

In the words of the 🐐 MJ… Shut up you lil bitch.

MoneyQueenie333

So Diana Ross and MJ were pumping out there kids! They the really think we are idiots! I can’t wait for an election year to see all the trump images drop

b1mm3rl1f3

MJ always looked like a sick fuck, I would not be surprised

rslashhockeymod

MJ is still a pedo.

empireofadhd

No, most of the men caught up in this are quite old. Trump is the exception. Gates and Jagger etc are retired. MJ is dead. I think there may be some consequences on the money laundry side which seems like was part of this as well.

interwebzdotnet

I saw MJ first and wasn't sure if this was going to be about alien disclosure or Epstein files... Forgot how non human he looked.

FinePace3325

Did they really use pics of MJ with his own kids with their faces blocked out to make it look like him and bubba are with random young girls?? These clowns will do anything… going after a dead man is like buying puts on meta Fuck it im buying puts on meta

Ok_Obligation_2142

US MJ stocks looking to break into new highs today.

Spidey15e

It was another pump and dump from the Con man Trump . The EO actually does nothing, that is why all the MJ plummeted.

Happy_Discussion_536

Funny story. My son said a black friend had like 40 different sneakers. And he was like "why? who needs that many?" I said, "well sneakers are big part of black culture." Then I got worried I was teaching him something racist. So I actually googled it and it's factually true. Black youths pioneered sneaker culture as a form of status, identity and artistic expression in the 70s and 80s. MJ, rappers like Run DMC pushed it a long to the mega industry as well. If you say it respectfully and with context it's 👍.

CBDmarket

MJ sched 3 😭

marcus55

because people promoting MJ are the biggest bagholders in history

ComprehensiveKiwi489

From MJ Moment: *Trump Dismisses GOP Lawmakers' Opposition To His Marijuana Rescheduling Action, Pointing To Polling And Medical Benefits: The president stressed that "82 percent of the people want this."*

UsedState7381

Correct. MJ is being rescheduled **to schedule 3**, now with a Executive Order signed by president Trump himself, exactly what Biden should have done but didn't. No bullshit about schedule 2 anymore, Trump wants 3 and that's the end of the discussion. Which means no 280E tax anymore for MSOs.

Few-Chef-166

MJ users dont smoke the bullshit fear the MSM feeds off

Blitzdog416

Barron needs the MJ for his tism

cscrignaro

MJ stocks will drop like a rock if it's not

four_twenty_4_20

>with nothing to back it up on the biggest catalyst in marijuana history. Don't let them spook you. Look at what happened April 30 and May 1 2024 when the DOJ recomnended MJ be rescheduled. Up until now that was the "biggest catalyst in marijuana history". I would love for this to be the first time EVER weedstonks have an event that isn't "sell the news" but this sector is primarily retail holders, and traders. The traders usually dictate the short term. Retail is likely out of drywall powder at this point with the runup in prices over the last week. I think we're looking great long term but don't be upset or confused if the S3 announcement is followed up by a 30% haircut over the following days. Ultimately the fine details of what the EO says is what will dictate the price action.

Napster-mp3

Is this the Alien Ant Farm version or MJ?

jbrianloker

Urlacher would split MJ like wet pine.

Trayeboujee

Thank you for taking the time to shed some light on what a reall MJ business looks like, one that is truly a sleeping giant and will most definitely sit amongst the top 3 MJ companies in the world.

Rez-the-man-123

All MJ stonks will

StonkzFTW

Maine's MJ laws are illogical, especially rec. Idk if it's some back room agreement with NH or what but it's completely adverse to the rest of New England. When on vacay in Portland recently had a long convo with a shop owner about edible % regs and price points and was just shocked. His words "almost seems like they're protecting the black market". And I have to agree.

Few-Chef-166

My favorite part of this whole scenario... If Dems do take back power, the only move left they have with MJ will be total rescheduling or legalization. Thats the only way to be more liberal on the issue than Trump at that point lol ;)

Astrowelkyn

Until it happens, I’ll just expect him to be pumping up the MJ stocks as his buddies establish their positions to profit off the dump when nothing happens.

Prior_Clothes9680

Watching $IMCC for a MJ reschedule move. 2.9 M float, last rumor it ran from 1.5 to 20. Chart looks similar with a clean set up. Very nice upside reward to downside risk ratio

Negative_Win_5117

MJ got reclassified today, right? Guys…?

DowntownWpg

Somewhere between now and early January at the latest, according the MJ Herald. We have heard such promises before however, notably after the infamous "few weeks" comment. It's been reported that Kim Rivers and Howard Kessler (source of the CBD THC video Trump posted on his Truth Social) were there when Cannabis was discussed with house speaker Mike Johnson. Keep in mind the EO was phrased "as early as Monday" not a Shadd Dales powered by Dutchie guarentee of Monday. When? We know it's 100% up to Trump. It will be initiated by executive order that much we do know. Once that kicks off, Bondi and Cole will do as they are told. Trump runs an autocracy in the executive branch.

Stocks_N_Bondage

Weed play: Long: CRON TLRY MJ Calls: ACB

Stocks_N_Bondage

Long: CRON TLRY MJ

meparadis

MJ Stonks Investor simulator

tripstermcgee808

That gap up on MJ is fuckin wild

semisautomatichips

i had call options @ $7 that expire on 1/16. On Friday morning, there was 0 volume. By the afternoon it was in the hundreds. I think everyone in MJ stocks are just tired of rumors and until we see the rescheduling, we wont really move.

MarkVegas1

I don’t think anyone can go wrong with any US based MJ stocks. If they can’t do it on their own there will be plenty of consolidation happening. Other countries will want in on the action.

MarkVegas1

Then he sat on it. You know what MJ and Democrats have in common? Money! One makes it illegally while the other takes it illegally. To make it legal, well then there can’t be illegal untaxed money floating around anymore, can it? Who loses the most if it went legal?

MarkVegas1

You right it’s not about the smokers but about MJ companies receiving tax breaks and a federally legal path in medical use. Either way it’s about companies being in more to the bottom line.

MarkVegas1

Behold! The best MJ choices imho. Why? Because it’s a US rescheduling and these are US based companies. https://preview.redd.it/w7higfkdn07g1.jpeg?width=1206&format=pjpg&auto=webp&s=dc8543155dd8f8058698af3d3864d4b5e877cfe2

Imaginary_Rooster622

No ramen noodles tonight. I'm having a pizza delivered. Living the MJ stock life

UsedState7381

Now it remains to be seen if this anonymous CNBC source is actually reliable, or if it's another source like the ones from MJ Herald...

kstreetsushi

Hey dump ur leaps then buy PUT leaps cause that would be some nice double dipping and I know you ageeee too cause you help MJ stock leaps. YOU KNOW THOSE STOCKS BLEED LIEK CRAZY. Higher it goes, better for PUTS. I’m not crazy right?

DevilsAdvocatePro

Thank you, I will take this advice to heart. One question: Should I be concerned about low liquidity for the etf I bought (MJ)? Or will that no longer be a problem since I am itm? I paid about 12k for the 118 contracts and if I were to have instantly sold it I would have lost nearly 7k! I was freaked out. I definitely don’t have the 300k+ to exercise the option…

DevilsAdvocatePro

A very merry Christmas indeed. I think I’m going to buy a house…. I have 118 contracts of MJ etf at $28 strike price… truly regarded thing I did might pay off?

DevilsAdvocatePro

I will. 118 contracts at $28 strike price, paid $1.05 premium. December 19 expiry. The etf is MJ. These will print?

ComprehensiveKiwi489

The fact that MJ execs, RFK and Oz were all there (and that speaker johnson was told about it) makes me feel like this is 100% legit.

Adventurous_Day9254

MJ etf going to pop monday. Buy the rumor...

Adventurous_Day9254

MJ etf going to pop monda. Buy the rumor...

DevilsAdvocatePro

Anyone holding MJ etf? Good buy?

sealiontea

I need MJ to trade for me… that dude still never loses.

Twist_of_Fate_44

I wouldn't say doesn't .. but it does have it's limitations ConManDan carved a pretty nice living for himself using TA and MJ stocks

nousrnamesleftfrrl

Wow I just did this with hiti 😅 even bought at 4.20. And I'm not a fan of MJ really at all. I believe it'll bounce back up (opening new stores) but I'm interested in putting that money elsewhere so waiting til then.

stickman07738

[MJ legalization](https://en.wikipedia.org/wiki/Legality_of_cannabis_by_U.S._jurisdiction) is not a blue-red state issue, but a home-grown vs commercialization issue. On the commercial front, they need federal approval to allowing easier banking and credit card usage. If it happens, you will see a pop due to retail investors, but many of these guys will operate on thin margins.

Twist_of_Fate_44

The fallout-themed 12-packs of Jones Soda at Costco are getting upsold for 400% online, getting that Pokemon-style enthusiasm You have better chances on grabbing a 4-bagger selling those on ebay than you do buying OTC MJ stocks!! Just sayin' ..

ManBearPig_1983

Ask MJ!

PaperandLeaf

It was actually Mitch Zeller who was the key player in the bans. Gottlieb noted that open tank systems were a greater public health benefit than disposables (for those unaware, the open tank stuff used by "vape bros" was a type of nicotine extraction called free-base as opposed to the salts used in smaller disposable devices. MUCH less addictive and had a user selected potency level available). In 2016/2017 Gottlieb effectively saved vaping, although the details are a bit fuzzy as to why since it was ten year ago and I have been out of the industry for some time. The way the entire PMTA process and limited approvals played out has a TON to do with the JUUL debacle wherein they normalized the disposable concept and in turn had the capitol to influence policy decisions, but then also marketed to a broader scope than current smokers (made it a lifestyle product) so it really forced the FDAs hand to do SOMETHING. The easiest way out of an issue is a ban which was the direction they took. Sprinkle in the millions of lobbying dollars from big tobacco trying to shift blame from salt devices to small business' . SUMMARY: White Gottlieb was certainly complicit to an extent, he is not the bad guy here. Mitch Zeller, JUUL, and big tobacco are. This is just another example of large corporations using legislation to push more responsible small business' out of an industry. No different that the hemp legislation that McConnell tossed into the recent spending bill. SOUCE: owned a mid-sized vape company and was active in advocacy efforts at the time. FUN FACT: Big Marijuana pulled a pg from the same book with the VAPI epidemic. They effectively knew it was MJ carts - some sold in licensed dispensaries - that were killing people. They ran a massive media campaign to shift focus/blame to the vape world as the optics for the big boys to fight back were not there at the time, and small business' do not have the expertise/money/representation to raise an effective marketing campaign. SIDE NOTE: If you ever see an argument related to kids as part of a legislative discussion, it is typically big business trying to find the easiest argument to push out more innovative smaller players.

cloutier85

About to legalize MJ... Lol I stand corrected. That's still years away

NochillWill123

Don Trump. I’m so done with winning like literally so done . Feeling like MJ

Midnightruined

Luke coming out of retirement is some real MJ type of shit

UsedState7381

Federal Appeals Court deems gun possession ban over MJ consumers as *inconstitutional*, according to MM. Some good fucking news today 👍

Competitive-Ant2876

It’s the exact same shit just worded diff. And no it’s not from MJ herald it was a local outlet in FL.

UsedState7381

What I posted about two days ago is confirmed: Smart and Safe Florida's has just lost over 200k signatures that would put recreational cannabis on the ballot for Florida in 2026. Only difference here is that initially it was posted that they had lost over 400k signatures, now MJ Herald is reporting that they lost over 200k only. In reality, they need a little over 880k signatures and had about 675k valid signatures, the judge order is setting them back to about 450k signatures With 36 days left for them to deliver those signatures...I do not see how they can make it in time. Smart and Safe Florida is challenging the judge's order, but oh well... It's Florida. With a state governor so hell-bent against cannabis, and with his successor having good odds of picking up the office, Trulieve's insistence with the state must be questioned at points, because this initiative fails without even starting, it's another $25M down the fucking drain again for them this year. What a fucking epic fail.

UsedState7381

This is not the same news as the old news you're thinking of, and is making the rounds on MJ Herald right now, should be picked up by MM soon enough.

WotADay

The whole time Mr Suit is just rubbing his hands together thinking about all the money he's hyst made off MJ

BalooBot

MJ earned $4.2 billion dollars over his lifetime. $89k was nothing to him

CorporateSlave101

When one day fuckin MJ comes to your store and buys some 500k worth of worthless urns that were meant for your mafia homies to launder cash between each other

200cents

New cosponsor for the MJ bill too.

Reasonable-Ad6895

The similarities between MJ and my kid on a toyshop

ESPGTR

MJ worked his life away. He was critically fucked up. But in terms of work ethics, put in more actual work than any of the degens that play the Wall Street casino

Twist_of_Fate_44

I have a hard time believing that with Trump fighting a 'drug war' in Venezuela, he just suddenly turns face, goes pro-weed and legalizes MJ on home soil Talk about digging yourself into a deeper hole with your core voter base. And for what?? Just to appease a couple weedstonk investors that he cares nothing about to begin with Kim is going to sink the ship for everyone here anyways. Just wait for it, she's going to call him out and rub that big 'ole male chauvinistic nerve raw, right to it's core ...

cpezie22

Asking MJ if he has space for all this shit is crazy. He walks around in silk pj’s. Of course he has space. 🤣

TreGet234

Dang i want to be a professional MJ yes man.

Various-Sound-9734

I never understood how people cant see how much of a freak MJ was, its just so obvious

redditnosedive

i must say MJ has suck bad taste, or maybe he was doing the "these, and these, and this one..." bit for the camera...

BullPropaganda

It's weird to think that kids these days didn't grow up to with the spectacle and disaster of MJ unfolding before their eyes in the media every day 

AndroidREM

The thing about this video of MJ buying stuff is he ended up returning almost every single piece he bought and some of the items he said he was going to buy he told his staff he changed his mind. Store saw him and was like score! Then the reality of dealing with him made them regret being part of this.

LayWhere

Unless you're selling real gold urns and $89k chess sets MJ is not walking into your store

DistantGalaxy-1991

Michael Jackson screwed that business owner. He didn't have the money to pay for all that crap at the time, and was just doing this to look like he could buy anything he wanted, all the time. It was a ruse, and he screwed over the business owner. MJ was an a\*\*hole who acted meek. Even Paul McCartney said as much about getting screwed over by MJ, after McCartney helped MJ.

DistantGalaxy-1991

More accurately, he never paid for it. MJ was just grandstanding, proving that he "could buy anything he wanted all the time" when in fact, at that time, he didn't have the money.

ChanceResolve9340

I fucking HATE this interviewer and how condescending he was throughout the whole interview. Poor MJ

meparadis

Destroying all longs before Christmas, classy MJ move

Anonymustafar

This applies to hemp not medical marijuana and TLRY has no exposure to hemp market. Though the news does not bode well for MJ either

Twist_of_Fate_44

Pretty weak open for MJ after Friday's shellacking. Not feeling very confident for much of a recovery, looking like a little DCB here. IMO retail 'bargain' hunters just getting baited by the MMs, nothing says buy here Best case scenario is we stick an inside candle on the day and buy ourselves another day