SAFE

Draphippo

1. What Schedule III Reclassification Actually Does If cannabis moves from Schedule I → Schedule III, it means: • The U.S. government formally recognizes medical use. • Cannabis is no longer in the same class as heroin or LSD, but with drugs like Tylenol with codeine, testosterone, and ketamine. • The DEA and FDA can regulate it as a controlled, but prescribable substance. That change has massive secondary effects on financial and regulatory systems — especially custody and uplisting. ⸻ 💰 2. Why Cannabis Stocks Are Currently Locked Out of Major Exchanges Right now, U.S. cannabis companies like Trulieve (TCNNF) and Green Thumb (GTBIF) can’t list on the NYSE or NASDAQ because: • Those exchanges are regulated by the SEC and must comply with federal law. • Since cannabis is federally illegal (Schedule I), listing them would mean a federal crime is being facilitated (distribution of a controlled substance). • Similarly, U.S. banks and custodians (like JPMorgan or Goldman) can’t hold or clear trades in cannabis-touching companies, since that’s aiding an illegal enterprise under federal law. That’s why U.S. multi-state operators (MSOs) trade only on Canadian exchanges (CSE) or OTC markets under “F” tickers — and that’s why liquidity is so poor. ⸻ 🏛️ 3. How Schedule III Fixes That Problem If cannabis becomes Schedule III, then: • It is no longer federally illegal for companies to manufacture, distribute, or sell it under DEA/FDA oversight. • The Controlled Substances Act (CSA) would no longer prohibit these companies’ core business. • Therefore, U.S. cannabis companies would no longer be “trafficking in a Schedule I substance.” That legal distinction allows: • NYSE and NASDAQ to legally uplist U.S. cannabis stocks (since their business is no longer federally illegal). • Prime brokers, custodians, and clearing firms (like Pershing, Fidelity, JPMorgan) to hold, clear, and custody cannabis securities safely. • Institutional investors (mutual funds, ETFs, pensions) to finally participate. Essentially, the federal legal barrier disappears. ⸻ 📈 4. Key Consequences Once That Happens If Schedule III becomes official: 1. MSOs can uplist — TCNNF → TLVF (or similar) on NASDAQ. 2. Custody opens up — brokers like Fidelity or TD can hold shares directly rather than via foreign intermediaries. 3. Liquidity soars — volume increases, bid/ask spreads tighten. 4. Institutional money enters — funds and ETFs that currently can’t touch these names flood in. 5. Valuations normalize — MSOs rerate closer to mainstream consumer/healthcare stocks (think 5–10× EBITDA instead of 3×). ⸻ ⚠️ 5. Important Caveats • Schedule III doesn’t automatically mean dispensaries can sell Schedule III products overnight — DEA and FDA will set frameworks. • Adult-use (recreational) cannabis may still operate in a gray zone until Congress or DOJ guidance clarifies it. • Uplisting won’t happen immediately — exchanges will likely wait for formal DEA final rule + DOJ guidance confirming that cannabis businesses are federally compliant. • The SAFE Banking Act could still accelerate financial normalization in the meantime.

GeoLogic23

Exactly. It was in the summer of 2022 that Minnesota "accidentally" kicked off the hemp beverage boom when they allowed "hemp" to be added to food and beverages. So people started selling THC beverages in regular retail and in bars/restaurants, and beverages suddenly boomed. Most people still point to the failures of cannabis drinks back in 2019 as a reason to not be bullish on them now. Back in 2018/2019 most of the big partnerships and rumors were focused on beverages. But there were a few things that have changed between then and now. **Emulsions** In 2019 beverages ran into a big problem. Can liners couldn't handle the emulsions that were needed to make cannabis oil water-soluble. The emulsions would just stick to the can liner, so you'd get wildly varying CBD/THC contents. Canopy and Constellation Brands were the first to identify this issue in 2019. This kind of put a pause on the big beverage brands diving headfirst into cannabis beverages. **COVID** As they were fixing the emulsion issues, we got COVID. Everything basically shut down for more than a year. But in mid-2021 Canopy announced a deal with Southern Glazers for CBD beverage distribution in the US. So it seems they fixed the emulsion issue by then. They use special can liners now. A lot of the key companies announced distribution partnerships with major alcohol retailer Southern Glazers for CBD in 2021/2022. Including Canopy, Tilray, Curaleaf, and Charlotte's Web. Sometime late in 2022 there was a disruption in this plan. Curaleaf has mentioned something about supply chain issues. Late in 2022 was also when we were teased hard with SAFE Banking the last time, only to be rug pulled. **Retail** But as mentioned at the top. The biggest difference by far is that hemp beverages are being sold in regular retail and at on-premise sites like concerts/bars/restaurants. The failure of beverages in the early years was primarily because the consumer of low-dose beverages is not the same person who shops for products at a cannabis dispensary. They are completely different markets. And dispensaries do not have the distribution/coolers/etc needed to sell beverages. Until 2022 this was only a theory. But once Minnesota actually put it into practice and companies saw how much volume they were doing, companies and brands started jumping into beverages all over the place. Alcohol retailers are consistently reporting that hemp beverages sell very well. Even Canada doesn't allow beverages in regular retail yet. I personally think they will do that as soon as big alcohol is ready to move on the market. Similar to what California is doing right now. I think they are basically just clearing the shelves for big alcohol to step in with their brands, instead of competing with the million brands already out there. Beverages are all about distribution and shelf space. So people are constantly still saying stuff like "beverages have been around for years, and are only x% of the market" or stuff like that. But they hadn't noticed that the distribution/retail model had been completely upended in the summer of 2022. As this continues in the US, and changes in Canada, I predict hemp beverages becoming big players in the CPG market. It's actually the perfect situation for the major CPG/alcohol players, because they don't want to be dealing with highly intoxicating controlled substances. They want to be dealing exclusively with federally legal recreational beverage products. And now there is a completely separate and federally legal market for low-dose THC beverages. It's exactly what they would want. Which is why I focus on the idea that GTI wanted to partner with Boston Beer. But instead of partnering with them, they formed a completely separate NASDAQ-listed hemp beverage company.

manualCAD

At the most pessimistic point I've ever been since getting into this saga in 2018. To the point where I'm considering pulling the ripcord on everything.... I was probably the most positive after the long 2023 summer when SAFE started getting legs, and then we got rugged in Dec 2023. It's not so bad if you consider it all lost money, but the opportunity cost is actually too high to reconcile at this point. That money would have been better off in a boomer CD ladder lol. I'm not sure why I even visit this sub anymore.

Outside_Ad4446

Noooo PUTS are the ONLY SAFE play now just be patient.. Everything DUUUMP until Jan..🥳🥳🥳

lifeisahighway2023

I perceive that many countries are working to reduce their trade and economic interplay with America. But such an effort will take many years given that America is the largest economy in the world and western supply chains were previously highly integrated. Thus the global economy moving away from America is going to be measured in very small incremental steps, not some instant giant fracture. But there are signs it is happening. Two examples: * SAFE: the 2025 $1.25-trillion ReArm Europe program which is all about Euro/Canadian defense related manufacturing within the signatory members (America is excluded) * 2nd quarter Government of Canada statistics published indicate export trade with America declined 19% (rounded) and increased 15% (rounded) to non-American markets. The decline to America was anticipated of course but the rapid increase elsewhere was surprising. It is harder to open new markets vs losing one so my feeling is the gap will be in place for some time. But the non-American destination increase is a powerful statement of the intent to change trading relationships.

DowntownWpg

Personally I've given up trying to chase the catalysts. I've bought what I think are a handful of SAFE MSOs, and am simply waiting for reform. Hopefully it's soon.

destroythenseek

Thats incredible. I did that to 40k and proceeded to lose 30k the following day cause im an idiot. Check my post history. Please dont be me. Advice from this idoot: Take most out to your account where you will never look at your debit card again. Play with what you were playing with. The rest, do something FAR MORE SAFE.

Kantmzk

It is actually continuing to expand into non-smokeable products and the SAFE Banking Act will be huge for the industry and the marijuana market.

jamminstein

As an investor, I prefer him not talking so much. He has not been correct even once with any of his macro predictions regarding SAFE, re-scheduling, etc. He should just keep his nose down and stick to running CURA.

Many_Easy

That’s fair. Begs the question. What SAFE initiatives has the GOP brought to a vote? What party helped intoxicating hemp industry? What party at state level has vetoed and or opposed recreational cannabis? What party has a governor that has accepted hemp industry funds? I just want to see SOMETHING from the GOP and more “grit” from Democrats.

Many_Easy

SAFE banking was stopped due to not having enough votes in the Senate to pass in December 2022. Kentucky is a major hemp farming state and Ron Paul is just protecting this block of voters.

Quintipluar

We’re already seeing it with the SAFE Act and its stricter tax rules, capped loss deductions, consumer protections. I'm not saying sports betting is going away, but I am saying the genie needs more shackles.

BLISSING_ALWAYS

I don’t watch the market any more! (except, actually, Reddit stock now and then - RDDT!) Certain stocks (formerly HD, Home Depot, for example) move in tandem with, and are reliable proxies for, the overall market. The put-call ratio on HD, for example, was the worst in its ENTIRE history, on the Thursday/Friday before 9-11 hit. I didn’t know WHAT was wrong, nor WHAT was going to happen. But I figured something, somewhere must be very, very, very wrong. The indicators, the charts, etc., if you can read them, tell you what you need to know to stay SAFE more often than not. And you should have risk management strategies in place, always, just in case!!!! Learn risk management. Above all! Get out at 5% max loss.  This is what I learned from books written by the old guys, who’d been trading forever.  I don’t know if    investors . com   is any good, nowadays. But that’s the company that used to be owned by William O’Neill.  Look for volume changes, vix volatility index, put-to-call ratio (!), especially learn about the Golden Cross and the Death Cross (of moving averages, share price, volume strength) which are (or at least used to be!) rare but extraordinarily, wonderfully, reliable indicators.  Read William O’Neil’s books, and STUDY other teachers who are OLD, so they’ve gone through a LOT of booms and busts and have “seen it all.”  If you focus on trading one stock only (becoming a specialist in all its chart patterns, its balance sheet, leadership, earnings and other events, industry activity), I believe “intuition” kicks in to an amazingly great degree. 🔮  Read Jack Schwager’s books. !!! The books are old, so you can see which traders (who were all doing well at the time interviewed) ended up succeeding long-term, and which strategies  *didn’t* keep succeeding! Historical, though! So what worked in older markets (mid-late 1990s tech stocks, for example) will not necessarily be evergreen strategies you can still use today. There are even private companies that will train you to trade their money for them, nowadays.  There is no 100% guarantee on predictions, but *especially* with all the self-fulfilling prophecy involved in giant firms that trade on technical indicators, the job of crash prediction, I believe, should continue to become even easier. Especially if you also learn about macro-economics and watch a non-biased source of news focused on financial nitty gritty, accuracy. I’m complicating it, here, perhaps. Maybe *start* with William Oneill’s books. And Peter Lynch, maybe: “One Up On Wall Street” - well named!!! The individual investor has the advantage, according to these guys.   William O’Neill used to repeat, over & over & over & over at his live seminars: “Huge investors are like elephants getting out of a bathtub. They cannot hide how the ‘water level’ changes!”  They cannot hide when they are selling off such giant positions. But they can’t sell all at once, because the sale of their own shares would move the market down, resulting in them getting a worse price for their own shares.  So if you learn the signs (volume!! charts!) that BIG investors are getting INTO or OUT of a position (the “bathtub,” lol), you can follow in their footsteps (and buy/sell when they are)!  Okay, I just gotta shut up now, lol…. 🤣  As if I know wth I’m talking about!!!! 😃☔️☂️☔️☂️☔️☂️🔮☂️☔️☂️☔️☂️☔️ Love and hralth and serenity are what matter. That I do know, I think…. Love to ALL ✨💖✨

throwaway90e109421

Posting here: MAPS is the majority of my portfolio ($4 Million position). My thesis why & position in comments. Most cannabis stocks have already doubled since rescheduling chatter started. MAPS hasn’t moved. That’s what makes it interesting. It’s profitable, unaffected by 280E, and trading near pre-news levels. It’s the only asymmetric bet left in the space. --- ### 1) Setup and valuation MAPS is **listed on NASDAQ**, which brings transparency, credibility, and easier access to capital. The company has **10+ years of mostly profitable operations** and over **$50 million in cash**. It trades around **1x revenue**, a bargain for a tech marketplace. The stock is still trading near where it was *before* the recent cannabis news. Right now, the market is only pricing in **tax savings from 280E**, not the **broader industry shift** that comes with it. Lower taxes will make the legal market more competitive against the illicit market, increase marketing budgets, and drive higher transaction volumes. Meanwhile, many MSOS and growers are already **up ~2x** from a few months ago — huge downside risk if rescheduling stalls. MAPS isn’t affected by 280E, which makes it an **asymmetric bet**: limited downside, real upside. --- ### 2) Distribution, marketplace, and delivery moat **Flower is a commodity** with razor-thin margins. The value is in **distribution**, and MAPS dominates it, especially now that **Leafly is near insolvency**. MAPS is a **tech marketplace that hosts most of the dispensaries in the country** and connects them to a large **active user base** of consumers searching for legal cannabis. It’s the main discovery and advertising platform for the entire industry. Weedmaps also **lists independent, licensed delivery services** and aggregates demand, making it the **primary channel** for legal delivery. No state allows independent contractors to deliver marijuana. Only **W2 dispensary employees** or licensed mobile dispensaries can do it legally. DoorDash has added a few hemp products, but the concentrations are weak and mostly synthetic. Unless cannabis is fully descheduled, **gig delivery apps won’t be allowed** to deliver a Schedule 3 drug. --- ### 3) Rescheduling and 280E If rescheduling removes 280E, **MAPS becomes a deductible marketing expense** for clients. That means better margins for clients and higher ad and platform spending for MAPS. --- ### 4) SAFE or SAFER banking and payments optionality If banking reform passes, MAPS can start taking **commissions on billions in platform transactions**. With some quick napkin math: - Assume a **5% take rate** on platform sales - That’s roughly **$1.60 per share** in additional value Dispensaries are independently owned and generally **don’t have their own apps or payment systems**, so MAPS is perfectly positioned to handle transactions directly. --- ### 5) Hemp and illicit market enforcement If **hemp synthetics are banned**, consumers will move back to legal, regulated cannabis — directly benefiting MAPS. Enforcement is already ramping up against illegal grows and unregulated hemp operations, especially those tied to **Chinese ownership**. - Video on this topic: https://www.youtube.com/live/Tw23WzVR51U?si=ilBbdZPDkiXyenz1 - Heritage Foundation report: https://www.heritage.org/china/report/invasion-the-homeland-how-illegal-chinese-owned-marijuana-farms-have-consumed-rural Even conservative groups are now **pro-regulation** and calling for federal crackdowns. That shift favors compliant, established platforms like MAPS. --- ### 6) Insider alignment and incentives Founder CEO **Doug Francis** and **Justin Hartfield** have **never sold shares**. Doug also restructured his comp plan to take **less cash and more stock**, and it **pays out if the stock doubles or quadruples**, serious alignment with shareholders. --- ### 7) Product experience I use the app personally and think it’s great. The product works and has real-world stickiness. --- ### Risks 1. If **hemp completely takes over** and cannabis becomes easier to access than alcohol (which would require full descheduling), MAPS’s edge weakens. 2. If **rescheduling stalls** and the entire industry keeps bleeding, MAPS could struggle alongside everyone else. --- My opinion only. Not investment advice.

BHOmber

How many times did Mitch McConnell block SAFE in the senate? You lack critical thinking skills and I feel dumb as fuck for having to explain this to anyone in this sub.

Many_Easy

The longer it’s been since the **”few weeks”** remark about a rescheduling decision, the more it seems like a compromise is forming between the Project 2024 camp and independent/moderate voters. Specifically, I expect movement on hemp/CBD for medical use with a primary a focus on benefits for veterans and seniors. When it comes to recreational cannabis, I don’t see much beyond support for states’ rights and possibly SAFE-style banking reforms. I don’t anticipate a new Cole-style memo or changes to the 2018 Farm Bill that would limit intoxicating hemp. If Trump were to implement reforms and that’s still an “if”, I think hemp would be the main beneficiary with stricter age restrictions and limited access. I could also see POTUS dangling future Federal legalization as a carrot even though he would likely never implement under his administration. MSOs, in my view, would only see gains through the repeal of 280E, though a replacement tax could be introduced to offset it. I don’t see any IRS tax forgiveness for deferred 280e taxes. Overall, I don’t believe MSOs will benefit significantly. Instead, I see **the real winners being the hemp, tobacco, pharmaceutical, and alcohol industries along with Canadian LPs like Aurora, Village Farms, OGI, Aurora, and others.** I could see stocks initially moving on reforms, but I believe such reforms will fall far short of what cannabis investors expect in the U.S. I wouldn’t want to be an MSO in a state that doesn’t have recreational cannabis or is close to getting it. Just my take.

GeoLogic23

Lots of insurance companies have been lobbying for SAFE for a long time. [https://www.reddit.com/r/weedstocks/comments/17lzzyl/comment/k7hqw4w/?utm\_source=share&utm\_medium=web3x&utm\_name=web3xcss&utm\_term=1&utm\_content=share\_button](https://www.reddit.com/r/weedstocks/comments/17lzzyl/comment/k7hqw4w/?utm_source=share&utm_medium=web3x&utm_name=web3xcss&utm_term=1&utm_content=share_button) The head of the beverage advocacy group that Tilray helped start has also said that insurance is one of the last things they need to figure out. This was in the context of discussing larger on-premise type opportunities. [https://www.reddit.com/r/weedstocks/comments/1n33dgw/comment/nbdf51w/?utm\_source=share&utm\_medium=web3x&utm\_name=web3xcss&utm\_term=1&utm\_content=share\_button](https://www.reddit.com/r/weedstocks/comments/1n33dgw/comment/nbdf51w/?utm_source=share&utm_medium=web3x&utm_name=web3xcss&utm_term=1&utm_content=share_button) Like when you put on a concert there is special event insurance you have to get, which covers things like alcohol-related incidents. I imagine there is a lot of fighting going on about how THC should be insured related to alcohol, considering you can't die from THC.

Visual-Try-8081

I am NOT trimming my positions. 1) Keep in mind that the government shutdown has definitely impacted all timelines. Just a few days ago, when Tilray reached $2.30, what was really different from today? Nothing fundamental has changed. 2) Many people within the government (both R and D) are openly supporting S3, and even speaking about it publicly. The SAFE Banking Act promoters are also waiting for S3 before pushing forward with SAFE. The shutdown is stalling everything. 3) Trump posted a pro-CBD cannabis video, even suggesting that CBD should be included in Medicare coverage! This is not minor. 4) (Personal opinion) - I firmly believe that not a single reporter is asking cannabis-related questions because they’ve been instructed by the White House to avoid the topic for now. Otherwise, I can’t understand the apparent incompetence of the U.S. press. 5) Every time someone brings up cannabis to PAM, for example during the White House press briefing last week, she just nods and avoids commenting, neither positive nor negative. That’s another sign of work being done. 6) Let’s not forget that on November 4 there’s a possibility of tax relief in Canada, which could improve the financial outlook for Canadian LPs. 7) By the marijuana herald: Trump economic advisor Kevin Hassett says the government shutdown is “likely to end sometime this week". Once it does, Congress is expected to quickly finalize appropriation bills, including the military spending bill that includes expanded veteran access to medical cannabis. Reuters source abut Hassett on the topic: [https://www.reuters.com/world/us/us-government-shutdown-likely-end-this-week-white-house-adviser-hassett-says-2025-10-20/](https://www.reuters.com/world/us/us-government-shutdown-likely-end-this-week-white-house-adviser-hassett-says-2025-10-20/) IMO we should HOLD together, and ride this out.

emperor_dinglenads

I learned a lot about my risk tolerance this week. KICK ME IN THE NUTS AGAIN! NO SAFE WORD!

tropicalia84

# BULLS HOLDING CALLS OVER THE WEEKEND SLEEPING SAFE AND SOUND EVERY NIGHT KNOWING A TRADE DEAL SECURED TWEET IS COMING ON SUNDAY RIGHT BEFORE FUTURES OPEN SPX up 2% at open followed immediately after

youbenchbro

People holding SAFE bets. Not degenerate bets.

manualCAD

Except that one time they sent all of us letters saying our investments were trash after the 2023 SAFE failure and dump.

noddegamra

Lmao i looked up SAFE as a joke and thats a mortgage company too.

GeoLogic23

I'm just talking about hemp as one part of our domestic energy supply, not like transforming the whole industry to be hemp based lol We use tons of biofuel right now. It would absolutely be a great relief to the market if we were able to introduce a very easy to grow plant like hemp into our biofuel mandates. The American Petroleum Institute was even lobbying for SAFE Banking for a bit. So Exxon and Chevron are already looking into this. https://lda.senate.gov/filings/public/filing/00d8c66d-01db-4647-8fe6-b70db7041a64/print/ Here is another lobbying disclosure from a cannabis advocacy organization discussing hemp biofuel in detail. This includes the specific provision for the Farm Bill that would introduce hemp into our biofuel supply. https://lda.senate.gov/filings/public/filing/752540db-b40b-4803-8690-96c6660b32e9/print/ "We are advocating for the following amendments for the 2023 Farm Bill and Marijuana policy: 1. Hemp for American Made Biofuel Production Act - Adding Hemp to the US Biofuel production programs as a strategy to for increasing Hemp licensed Producers and diversifying our clean energy sources for ethanol/auto fuel, blended biofuel, aviation fuel, home heating, commercial heating and other fuel based applications."

GeoLogic23

Alcohol wholesalers are essentially being given control of the Tennessee hemp industry. [New Tennessee law puts liquor-style regulations on legal hemp](https://reason.com/2025/10/05/tennessee-alcohol-wholesalers-are-grabbing-control-of-the-states-hemp-market/) Cannabis wholesaler LeafLink has strong ties to the Trump administration through Peter Thiel and Josh Kushner. Josh Kushner is also heavily connected to Tennessee, as he is part owner of the Memphis Grizzlies. LeafLink is also likely a reason we haven't seen the GOP actually support SAFE Banking, as LeafLink does a lot involving banking. They even acquired Dama Financial, who were fighting SAFE. [LeafLink acquires Dama Financial’s cannabis banking division](https://mjbizdaily.com/leaflink-acquires-dama-financial-cannabis-banking-division/) [LeafLink Acquires Wholesale Marketplace Leaf Trade](https://www.leaflink.com/press/leaflink-acquires-wholesale-marketplace-leaf-trade/) >*LeafLink’s suite of cannabis solutions now includes B2B Marketplace tools,* ***business banking****, payment options like Payment on Sell-Through, data insights, B2B advertising, and retailer tools* >*LeafLink Plus, a subscription service that includes detailed inventory analytics; and enhanced access to reliable, compliant, and* ***safe cannabis business banking on the LeafLink platform via the acquisition of Dama Financial.*** [LeafLink Partners with Confia to Deliver Best-In-Class Cannabis Banking Services](https://www.prnewswire.com/news-releases/leaflink-partners-with-confia-to-deliver-best-in-class-cannabis-banking-services-302545373.html) >*Through its trusted network of regulated bank partners and advanced technology platform,* ***Dama Financial by LeafLink addresses the persistent pain points of cannabis banking****—such as poor user experience, limited and unreliable services, and hidden fees—by providing businesses with reliable access to banking services, a seamless digital platform, and transparent pricing.*

GeoLogic23

The video posted by Trump about CBD and medical cannabis was made by The Commonwealth Project. They work to provide medical cannabis to seniors in [Florida in partnership with MorseLife Health](https://www.reddit.com/r/weedstocks/comments/1nte2kg/comment/ngt4mxm/?utm_source=share&utm_medium=web3x&utm_name=web3xcss&utm_term=1&utm_content=share_button). MorseLife Health has connections to Trump, and in 2022 [MorseLife registered to lobby](https://lda.senate.gov/filings/public/filing/3dc9c291-c256-4e83-8d73-7e85b85e1ade/print/) with the most Trump associated lobbying firm, Ballard Partners. >Funding opportunities and general legislative tracking for senior care regarding housing and healthcare issues. MorseLife’s lobbyist was Tola Thompson, whose first registration after they joined Ballard in 2021 was a cannabis company. Tola Thompson lobbied for SAFE Banking and [medical research for FarmaceuticalRx of PA](https://lda.senate.gov/filings/public/filing/bf8d2ab4-f014-4518-90ea-511c493c868b/print/). So Tola Thompson had responsibilities including monitoring cannabis legislation. Tola Thompson was former chief of staff for a Florida congressman (Al Lawson) who was a cannabis advocate. [FarmaceuticalRx also used Matt Gaetz’s former chief of staff](https://lda.senate.gov/filings/public/filing/2c081db4-68e5-40e0-ae55-3a0cd444c032/print/). Both are also lobbyists for BAT. MorseLife registered to lobby with Ballard Partners using Tola Thompson on 7/6/2022 and terminated with them on 10/5/2022. The day after MorseLife stopped lobbying was when cannabis rescheduling was announced. [MorseLife just re-registered with Ballard Partners using Tola Thompson on 10/1/2025](https://lda.senate.gov/filings/public/filing/3dc9c291-c256-4e83-8d73-7e85b85e1ade/print/). They are lobbying for the same topic from 2022 (minus housing). >Funding opportunities and general legislative tracking for senior care regarding healthcare issues

GeoLogic23

SMG has been extremely connected to the sector since 2014. Dave Joyce and other Ohio politicians slipped up a few years ago and made it clear they were pushing for SAFE and stuff in order to benefit Miracle Gro, which is headquartered in Ohio. https://www.google.com/amp/s/www.cleveland.com/open/2021/04/dont-hold-your-breath-on-passing-marijuana-banking-legislation-says-senate-banking-chair-sherrod-brown.html%3foutputType=amp In a House floor speech, Bainbridge Township GOP Rep. Dave Joyce said cannabis companies aren’t the only ones “that are paying the price for this antiquated policy. “Small businesses that provide services to state-legal cannabis companies can also be targeted by the federal government, such as plumbers, electricians or even soil and fertilizer businesses,” In his own floor speech, GOP Rep. Steve Stivers of Columbus said he opposes recreational marijuana use but supports the bill because it would help an Ohio company outside his district that sells plant nutrients. Jim King, executive vice president and chief communications officer for Marysville-based Scotts Miracle Gro, acknowledged that Stivers and Joyce were referring to his company

timestreamdefender

I will come out and say what has been brewing in the backwaters of my imagination... Because why not, REDDIT IS A SAFE PLACE and my favorite place to learn from other wildy awesome and thougt provoking hooligans... the possibilities of upside on DFLI is ridiculous. Of course selling pressure could continue so maintain reason and cover your losses... but let me share my vision of a possible near term universe unfolding... recreational vehicles first, off grid power supply always, large scale industrial power supply and backup energy storage/data centers/mining, commercial trucking, national defense vehicles/energy grid, autonomous vehicles, robots, onboard power supply for spaceships and space stations, INTERSTELLAR solar power supply and storage on MARS (tell me, what did i miss?, i know there are probably more use cases than i can think of) this thing could go INTERPLANETARY 🌎🌎🌎🚀🚀🚀🪐🪐🪐

cashflowyield

Buying more cannabis stocks pending retrace back to $50...and higher if rescheduling, SAFE banking, uplistings actually happen MSOS, GTBIF, GLASF, GRUSF, TLRY https://preview.redd.it/sssrokg9n6sf1.png?width=1053&format=png&auto=webp&s=518bd0a5089e1d3e2c259ddd5ba08e4f5574bc86

Many_Easy

It’s about **hemp derived CBD.** Not a big deal to me. Can buy it almost anywhere already. What about gaslighting video gets you excited, particularly since most of us want S3, SAFE, and legalized recreational cannabis. Again, don’t think this video is a big deal. Let’s not jump to conclusions.

SwordfishOk504

Sure, for legislative issues like SAFE of course. But the context here was specifically about rescheduling, which isn't a legislative matter. So he legislative branch of government isn't relevant.

VKM26

Selling : makes you money Isn’t it ? You can start with selling puts + as soon as you acquire 100 stocks — sell a covered call SAFE strategy Go on u tube — free courses are there Learn Focus Apply Best of luck

n0m0rem0ney

I need to stop gambling with 0DTE options. I just feel helpless. I lost a lot with crypto when I first got robinhood, tried to quickly recover with options. Went down even more. Made my money back through 3 lucky trades but i’m down even worse now because Im literally stupid. I had 6 grand and i’m down to like 3 grand. I started doing 5 dollars a day into Bitcoin, VOO, and VT. Of that 3k left I have about 2500 in shares. How do i realistically recover this in a SAFE way. I still have an actual savings account so i’m not screwed but damn this hurts. I just want to be able to buy a nice house. Bull, Bear, Pig, whatever just someone with some financial knowledge throw me a bone. What’s a realistic time to recover this. Any plays?

AdCritical5383

Just poked around the not-wsb parts of Reddit. Goddamn is it’s a cesspool of doomers and gatekeeping sadbois. > WSB IS MY SAFE SPACE LMAO 🤌

Boundary14

Have fun bag holding when one of these "SAFE" stocks tanks

Effective_Dog3089

Common sense strategy. Buy shares of SAFE stocks and never sell for a loss. AIM for modest 3-5% gains at a time. Rinse and repeat.

RealEstateWindsor

🤣🤣🤣 Keep pretzeling yourself bud. Biden campaigned on legalization of Medical Marijuana at the federal level and decriminalization. Did we get any of those under his 4 years? Dont get me started on SAFE banking either.  Trump is going to do far more for this industry than Biden. That's a fact you can take to the grave.  Keep twisting and bending to support your views. It's not the truth, but you do you. Also TLRY is absolute garbage and hambone is right. 

Many_Easy

I’m not arguing that Chuck Schumer could have done more or said soon when he didn’t have enough votes to advance pro-cannabis SAFE banking. However, we’re more talking about a **CURRENT** Congress that’s even more conservative and has even LESS pro-cannabis GOP. Also, the current POTUS is more anti-cannabis than his predecessors. Let’s focus on the present and less on whataboutism. It’s 2025. I also acknowledge that the social equity component may have turned off the GOP. My OPINION - even without the social equity component added, the GOP would have still opposed.

NoContext3573

Rule 1 don't loss money. Rule 2 don't forget rule 1. If you can find a higher SAFE return do it. It's hard to do. Higher risk higher chance to loss money

thatkidyouknow2

Just copy-pasting from ChatGPT as I’m at work: 🚕📈 YOLOing Southeast Asia’s UberEats: $GRAB DD 🚀🍜 Listen up you smooth-brained degenerates. While you’ve been bagholding $GME since 2021, there’s an actual boomer tech stonk cooking in Southeast Asia: Grab Holdings ($GRAB). If you’ve ever been to Singapore, Jakarta, or basically anywhere that smells like durian and diesel fumes, you’ve probably used this super app to get noodles delivered or grab (heh) a motorbike ride. ⸻ 🏦 The Company Grab is the Uber + DoorDash + Venmo of Southeast Asia. They do rides, food delivery, payments, and even pretend-bank stuff like microloans and insurance. Basically, they want you to never leave their app. Sound familiar? Yeah, it’s like WeChat with extra MSG. ⸻ 📊 The Numbers (aka why you shouldn’t just YOLO calls yet) • Financial Services growth: Up ~34% YoY. Their “bank” side is stacking deposits like I stack ramen bowls after a Friday night binge—+50% QoQ. Supposedly gonna hit positive EBITDA in 2 quarters. Translation: they might actually print tendies instead of burning cash. • Ride-hailing & food delivery: Still competitive, still thin margins, but sticky user base. • Cash needs: Rumor is they’re begging for $2 BILLION in bridge financing to buy their Indonesian rival GoTo. That’s either galaxy-brain consolidation… or lighting a dumpster fire with jet fuel. ⸻ 🤝 The GoTo Deal • They’re in due diligence to scoop up GoTo Group (think Uber + Shopify but in Indo). • If it happens, Grab basically controls Southeast Asia’s gig economy. Regulatory watchdogs will hate it, but imagine the cost-cutting synergies (aka firing everyone twice). • If it fails, Grab still looks like the desperate dude at the bar offering to buy GoTo a drink with borrowed money. ⸻ 🚀 Bull Case (moon math) • Grab’s “fintech” division actually hits breakeven → higher margins than slinging fried rice deliveries. • GoTo acquisition clears → they become the final boss of SEA ride-hailing. • Network effects keep normies locked in → app becomes “can’t live without” in SE Asia. • Stock goes burr. Diamond hands only. 💎🙌 ⸻ 💀 Bear Case (clown math) • Regulators block the GoTo deal harder than my ex blocks me on Insta. • They drown in debt raising cash for acquisitions → dilution city. • Margins get wrecked by higher fuel/labor costs. • Competition (new apps, local upstarts) eat their lunch like it’s free nasi goreng. ⸻ 🎰 The Play • Current thesis: this isn’t a $TSLA rocketship, it’s a mid-term grinder. If financial services actually flips positive EBITDA, market sentiment turns. If GoTo gets absorbed, this stock isn’t just GRAB—it’s GRAB-THIGH-HIGH-GROWTH. • Short term: risky AF (financing + regulatory + integration hell). • Long term: could actually be one of the few SEA tech companies that makes money and doesn’t implode like $SE. ⸻ Verdict If you want SAFE, go buy $AAPL and cry into your 401k. If you want emerging-market, debt-fueled, acquisition-rumor YOLO with a side of pho—then maybe, just maybe, $GRAB belongs in your casino portfolio. 🚕💸 “Grab” these tendies or get left at the curb.

four_twenty_4_20

Shit's been "happening" for YEARS, but nothing has actually happened yet. S3 actions have been on the books for over 2 years, SAFE's been floating around for over a decade. We're tired of waiting and want to see something substantial actually happen. Recrnt price action backs this up.

Visual-Try-8081

The DOJ cleaned house but kept rescheduling alive. Congress overwhelmingly approved medical cannabis for veterans. Those close to Trump have been personally promised he will reschedule. Everything's lined up, just waiting for Trump to decide he's ready! Source: https://x.com/AMartinelliWA/status/1966198740307554409 IMO, this is the time when we should be chilling, just waiting for news. To be honest I really expected MSOS to hold the line at 5.0. I can’t understand why everyone is panicking, especially now, when we’re closer than ever. We live in a time where we expect everything to happen immediately. Globalization, being constantly connected to the internet, news, and tweets coming and going every hour, we’re glued to our monitors and phones, just desperate for something. If we don’t get it now, we feel like everything is over. 21st-century impatience at max levels. Just chill, people!! We’re getting S3 or SAFE. Maybe not this week, but it will come. Come on!

Visual-Try-8081

The DOJ cleaned house but kept rescheduling alive. Congress overwhelmingly approved medical cannabis for veterans. Those close to Trump have been personally promised he will reschedule. Everything's lined up, just waiting for Trump to decide he's ready! Source: https://x.com/AMartinelliWA/status/1966198740307554409 IMO, this is the time when we should be chilling, just waiting for news. To be honest I really expected MSOS to hold the line at 5.0. I can’t understand why everyone is panicking, especially now, when we’re closer than ever. We live in a time where we expect everything to happen fast and immediately. Globalization, being constantly connected to the internet, news, and tweets coming and going every hour, we’re glued to our monitors or phones, just desperate for something. If we don’t get it now, we feel like we’re bleeding. 21st-century impatience at max levels. Just chill, people!! We’re getting S3 or SAFE. Maybe not this week, but it will come. Come on!

Fearless_fx

Things make it through committee all the time that never pass in the house, like SAFE banking a dozen times. Congress and the senate remain as divided as ever on cannabis… the only thing that matters is what Trump eventually decides to do with this. I doubt cannabis legislation moves backwards at this point, more likely it just stays stalled out until the republicans get desperate for boosting jobs statistics and/or the midterms.

Many_Easy

Senate didn’t have enough GOP votes in 2022 for SAFE. Even less now with GOP control.

Frosty_Work

is SAFE in the works right now? or whats going on with that?

StarMaker7

If S3 and SAFE pass, I could easily see 3- 4x, if not more. Full disclosure: heavily invested in Trulieve and Cresco.

Fearless_fx

I look at Trulieve and Green Thumb with sub USD2B market caps and there’s no question in my mind that if S3 and SAFE banking pass they will 3-4x in a matter of weeks. $8B market cap seems reasonable based on growing revenue… maybe more if they can quickly uplist onto the NASDAQ and access more liquidity… I’m in pretty heavy and plan to buy more on Monday, I hope my thesis is correct.

ThePlayWasShutDown

I can't talk myself into buying enough and tying my money up when there's other stocks out there i like more. if I had bought 5 years ago and held I'd have missed some insane bull runs. once there's finally rescheduling and companies can grow, I'll buy in on the ones that look to be managed well. but until they are permitted to grow (through rescheduling/SAFE) I prefer placing my money elsewhere. I'll miss the "pop" maybe, but long term im fine buying in after they get momentum.

jmu_alumni

‘We should de schedule’ ‘That is not legally possible from executive branch’ ‘Well then we should Educate Trump to then push congress to states 2.0, and in the meantime hold off any reform’ One, that doesn’t sound like full de schedule to me. Two, wow they think congress is a very functional branch that can easily pass laws only if they were educated on the manger. Not like SAFE, an easy win, is taking now decades to pass. The one thing that I actually took from that convo is that apparently the Pfizer CEO was at that dinner. I did not know that. That’s awesome.

Narrow-Height9477

I see what you’re saying re robotics (and technology) as a generality and the potential of the US being left behind. I just don’t understand why it has to be humanoid. Sure, it would look like a great accomplishment to produce a functional, stable, SAFE, hopefully intelligent robot especially if it appears human shaped. Especially if it could interface with a world already designed for human interaction. But, that’s a BIG ask. It feels more like a PR stunt. Every day we get more and better robotics that can be integrated with the world around us. Feels like this is just Elon finding ways to garner more investor and government money so that he can say, “hey, look what we made! It can do the same things that every other robot can already do but, it’s way out of your budget, optimized for nothing, and hopefully won’t kill you.”

HugeDramatic

I believe Trump can declare himself temporarily disabled under section 3 of the 25th amendment and JD can step in as acting president. Curious to see if that’s what the 2 pm statement will be about tomorrow. The pictures have him looking very rough, I wonder if he needed brain surgery and had to shave his head… As for implications to cannabis, I don’t think JD is favorable to reform. He previously opposed SAFE, but is also pro States rights. I think cannabis policy would be very low on JD’s list of priorities, unless he uses the issue to try to drum up support before midterms. The hope would be that the Trump admin has advanced S3 to the point where it is a forgone conclusion, even if Trump has to step back.

DowntownWpg

I SAFE won't take that long, it's just banking reform for the most part. Something allowing interstate commerce however...I think that could take 10 years as states fight back. Not wanting to give up their local grown industries, taken out by states with a natural climate advantage.

infinite_cura

S3 + SAFE will take min. 10 yrs

GotPerl

I have several SAFE investments. I consider them bets and collectively they are less than 5% of my portfolio. There is no liquidity until the company decides there is. Remember that. Info rights are good but what are you doing with that info?

Variant_Shades

LOL. Dude we all made money and lost money, depending on when you bought and when you sold. I'm talking about policy, now you're the one getting emotional. I do remember SAFE never passed House when the GOP had control. In fact it wasn't even brought up for a vote. >We are where we are. Let’s play the hand we’ve been dealt. Unless you are blind and/or utterly stupid, you failing to notice the sector is rallying on the hope of progress. If you've been in this sector as long as I have. Then you should fucking know how dangerous it is, that we've rallied this much on "hope." We're have I seen this before? >but pretty sure non-stop demonizing of the guy with the pen aren’t going to help advance this latest round of cannabis sector positivity. LOL. Again. stop sucking Trump's cock when he hasn't done anything. And for fuck sake, I doubt what we say on this sub reddit is going to make a fucking difference what Trump does. >Some of you all need to stop acting like emotional teenagers and more like adult investors. After all, this is an investment thread, not a group bitch session thread. The only people who are fucking emotional are Trump supporters whenever someone doesn't suck his cock. If you can't handle people criticizing Trump or being skeptical of him, grow some thicker skin, or ignore them.

bu11dogsc420

Set up a Delaware C-Corp parent and keep the Brazil LTDA as a sub, open a USD bank, move IP to the parent, use a simple YC SAFE in USD, and share a tiny data room with a one-pager, core KPIs, two customer letters, IP and employment docs, plus a short legal note on how money moves and which law applies. I used an SPV so angels wire once, and got warm intros from founders not cold emails. A short consult with [Sean Bassik](https://seanbassik.com/) helped me list each risk on a slide, add clear choice-of-law, a sensible cap, and a monthly update plan. Show 3–6 months of USD revenue and an easy wiring path and many US or EU angels will take a look.

Ok_Cartoonist6749

IMPP MC=155M EV=--113M (Undervalue) REV=139M EBTA + CASH=227M Debt=0 (V.Good) BV=13 (V.Good) O/S=34M float=11M only. It's trading 5X below its book.value. SP=3.40 X5=15. Can anyone compare SBULK,SAFE BULKN ZIM WITH IMPP? OP MC=256M EV=230M.(inline)Rev=19.3M Cah=25M EBITA -ve ( fair) No debt (good) BV=246 Rev Split= 1/25 (not good) float =277K ( v.good) iMPP is the winner.....

Many_Easy

Whataboutism. We’re in 2025 and discussing current times. Just to respond to your comment - happy with HHS review set in motion and disappointed with lack of progress with SAFE. Also disappointed they (Dems) didn’t reinstate Cole Memo that was canceled by prior administration and GOP that opposed SAFE in 2022. I’m an independent and I don’t idolize politicians either, so they’re not beloved to me. As so-so or bad as prior administration was, nothing compared to the BS happening now. Not even close.

Simplylegalize

I don’t think it would be a sell the news event. I think MSOS has 20 million plus in cash to deploy and the inflows would be 50-100 million in the first 3-4 days. I think it will be just like Canada when they legalized. We will have a huge run to 12-20 on MSOS and then when they actually sign schedule 3 and it comes into effect, we will sell off hard. If Trump says anything about uplisting or SAFE banking, it could add extra fire power.

Simplylegalize

Exactly. And I am not even thinking executive order. Just more that the party does as Trump says for the most part lol so if he says pass SAFE banking. They can take it up for votes in house and senate and move it along swiftly. It would be done in 2 months if they wanted.

DowntownWpg

I wonder if banking can be enabled by executive order making SAFE unnecessary. Would be nice! Trump can't resist stealing an issue from the Democrats that will have a net positive effect on his legacy and poll numbers.

OkResponsibility2470

Just like our Southern Border is now 100% Secure, Washington, D.C., is SAFE AGAIN, and we have just begun the process of revival! Dude called in the NG, waited a week, and declared victory lol. I wish I could tap into this power of delusion with my trades

Top_Lingonberry6954

SELL ALL YOUR STOCKS AND ROTATE INTO ULTRA SAFE ASSETS LIKE….CRYPTO /s

GeoLogic23

There was barely any support for STATES. Not only are the votes not there, but you would need to pass it through both the House and Senate. Which means it would need to even get brought to a vote in the first place. I'm just pointing out that you're throwing out 5% or 10% like it's no big deal. But this has been what Democrats have been pushing for for many years now, and they can't even get the GOP to support SAFE Banking.

Tiaan

I hope people realize that when S3 happens, if it's accompanied by ways for state operators to gain federal compliance (ex registering with DEA/FDA), which I suspect it will, there will be no need for SAFE banking. SAFE banking in itself is actually just a workaround for the existing conflict between state and federal cannabis laws. If the core issue is addressed (eg with rescheduling or descheduling) then SAFE is no longer needed. There are publicly traded companies today on the NYSE and NASDAQ that sell products that fall into S3. The difference is that they have federal compliance. That's all that is missing here

AverageNo130

I can live with 30% - %50 S3 surge. Then SAFE banking...Then more progress.

Jets237

Nah we got AND THE STREETS OF DC ARE SAFE BECAUSE BIDEN DESTROYED DC AND NOW I CAN GO OUT TO EAT EVEN DEMS THANK ME. THANK YOU FOR YOUR ATTENTION TO THIS MATTER!!! Instead

mtrap74

Which is exactly why this is going to happen. Nobody expects it. It’ll come out of nowhere. Unlike Schumer’s SAFE Act coming “soon” for the last 5 years.

Draphippo

Trulieve would benefit enormously from cannabis rescheduling because it would finally eliminate the crushing 280E tax burden. Currently, the company is forced to set aside large amounts of cash to cover potential IRS liabilities, since cannabis operators are taxed on gross profits rather than net income. This artificially inflates their tax bill, restricts reinvestment, and leaves cash reserves tied up that could otherwise be used for growth, expansion, or debt reduction. Removing this burden would unlock hundreds of millions in annual cash flow for Trulieve, allowing it to operate like a normal, profitable U.S. business. Beyond taxes, rescheduling would open the door to uplisting on major exchanges, as well as access to SAFE Banking provisions and qualified custodians. That shift would finally allow institutional investors and large funds to buy in, which has been nearly impossible under current federal restrictions. With Trulieve’s dominant footprint in Florida and a strong medical market position, institutional investment combined with normalized tax treatment would drastically expand its valuation and market reach, turning a company that is already a market leader into one positioned for sustained, large-scale growth.

Many_Easy

By “free the weed”, what specifically do you mean? - rescheduling to S3 or other? - descheduling completely? - federally legal in all forms? - SAFE banking? - Medical only? - Release of all incarcerated inmates with cannabis convictions? Also, are you saying that shorting and going long based solely on political affiliations?

realFantaMenace

> btc was just sold off which shows even safe havens BTC? SAFE HAVEN? HAAAAHHAHHAHAHAHAHAHHAHAHA

Draphippo

Right now, Cannabis rescheduling to Schedule III is moving forward. The ALJ judge has retired and so the rescheduling hearing has been canceled. The DOJ can move towards final rule at any moment. The House is about to pass a bill that will allow the VA to prescribe medical Cannabis to veterans signaling the first federal acceptance of medical Cannabis. By definition, Cannabis cannot be Schedule 1 if it has accepted medical value. Once Schedule III hits, SAFE Banking is expected to follow, opening the door for uplisting and proper custody of stocks. The underlying stocks of the MSOS ETF are illiquid, making MSOS the main vehicle for large capital. When inflows come into the ETF the fund managers purchase the underlying stocks. Small amounts of money can drive prices of these names up by large percentages, which in turn also drives the price of the ETF up. If real money flows into the space and consistent volume shows up with large buys, it will be a continuous feedback loop of gains for both the underlying and the ETF.

Draphippo

On top of companies being incredibly undervalued and being arguably the most over sold and beaten up sector for the last 4 years… Right now, Cannabis rescheduling to Schedule III is moving forward. The ALJ judge has retired and so the rescheduling hearing has been canceled. The DOJ can move towards final rule at any moment. The House is about to pass a bill that will allow the VA to prescribe medical Cannabis to veterans signaling the first federal acceptance of medical Cannabis. By definition, Cannabis cannot be schedule 1 if it has accepted medical value. Once Schedule III hits, SAFE Banking is expected to follow, opening the door for uplisting and proper custody of stocks. 280E tax burden will also be eliminated saving companies 100’s millions per year. The underlying stocks of the MSOS ETF are illiquid, making MSOS the main vehicle for large capital. When inflows come into the ETF the fund managers purchase the underlying stocks. Small amounts of money can drive prices of these names up by large percentages, which in turn also drives the price of the ETF up. If real Money flows into the space and consistent volume shows up with large buys, it will be a continuous feedback loop of gains for both the underlying and the ETF.

ApostleThirteen

Don't forget the "It AIN'T a cannabis majority" power couple Manchin and Shaheen, who forever blocked by virtue of known positions, any vote on SAFE.

Draphippo

Right now, Cannabis rescheduling to Schedule III is moving forward. The ALJ judge has retired and so the rescheduling hearing has been canceled. The DOJ can move towards final rule at any moment. The House is about to pass a bill that will allow the VA to prescribe medical Cannabis to veterans signaling the first federal acceptance of medical Cannabis. By definition, Cannabis cannot be schedule 1 if it has accepted medical value. Once Schedule III hits, SAFE Banking is expected to follow, opening the door for uplisting and proper custody of stocks. The underlying stocks of the MSOS ETF are illiquid, making MSOS the main vehicle for large capital. When inflows come into the ETF the fund managers purchase the underlying stocks. Small amounts of money can drive prices of these names up by large percentages, which in turn also drives the price of the ETF up. If real Money flows into the space and consistent volume shows up with large buys, it will be a continuous feedback loop of gains for both the underlying and the ETF.

Draphippo

Been following US politics closely, that’s exactly why my position’s up. Right now, cannabis rescheduling to Schedule III is moving forward. The ALJ judge has retired and so the rescheduling hearing has been canceled. The DOJ can move towards final rule at any moment. The House is about to pass a bill that will allow the VA to prescribe medical Cannabis to veterans signalling the first federal acceptance of medical Cannabis. By definition, Cannabis cannot be schedule 1 if it has accepted medical value. Once Schedule III hits, SAFE Banking is expected to follow, opening the door for uplisting and proper custody stocks. The underlying stocks of the MSOS ETF are illiquid, making MSOS the main vehicle for large capital. When inflows come into the ETF the fund managers purchase the underlying stocks. Small amounts of money can drive prices of these names up by large percentages, which in turn also drives the price of the ETF up. If real Money flows into the space and consistent volume shows up with large buys, it will be a continuous feedback loop of gains for both the underlying and the ETF.

GeoLogic23

Let's review the actual actions from this timeline. * Congress removes hemp language from Appropriations Bill * Trump says they are reviewing rescheduling How is this different from the situation last year? We had the same hemp language added and then removed from appropriations, and Biden was already reviewing rescheduling. Then there are these comments: >By moving away from a piecemeal hemp crackdown and toward rescheduling cannabis, Trump can solve the **hemp loophole through unified federal THC regulation** >Politically, it’s a win on multiple fronts: it modernizes cannabis laws without full legalization, frames the move as a public safety and economic reform, and positions him—**not Congress**—as the one delivering the solution You're talking about unified federal regulation of THC, but saying that wouldn't come from Congress? **That needs to come from Congress.** I am of the opinion that it's not about Trump or Biden, but about when corporations/billionaires want changes to occur. Trump doesn't understand the difference between THCa and Delta 9 THC. Neither did Biden. Anything they do is following a plan made by others. Bringing cannabis back as a mainstream CPG product is too massive of a move to leave up to Biden/Trump alone. Just like in 2018 when SAFE was [brought up to Trump](https://www.forbes.com/sites/tomangell/2020/01/25/trump-says-marijuana-makes-people-lose-iq-points-in-secret-recording/). He dismissed it and said it was all being worked out. >“That’s the biggest problem, because none of the banks accept the money,” Parnas explained. >Trump then said that the issue is “all working out. That whole thing is working out.” >“I don’t know if that’s a good thing or a bad thing,” he added. Or like with the industrial hemp bill, which was [written by lobbyists](https://www.politico.com/news/2023/05/07/jon-tester-wanted-to-soften-hemp-regulations-00095634). >....hemp lobbyists and businesses brought the original idea for the legislation to Tester’s office. An email obtained by POLITICO also shows that in February they got a word-for-word early look at the bill that the two senators would go on to introduce weeks later. I do think that (regardless of President) the act of rescheduling needs to occur in conjunction with the Farm Bill dealing with hemp products. Rescheduling and hemp regulations are completely separate actions, but the government can't have separate announcements dealing with the legalization of THC. It would be very confusing to the general public. They had seemed to be ready to deal with hemp at times during Biden's term. It really feels like they're ready to deal with hemp soon lately though. You have Texas, Florida, California, New Jersey, etc all up in the air regarding hemp laws. Texas is currently in special sessions to create hemp regulations, and have said they want to match federal regulations. You also have big tobacco and big alcohol dipping their feet in, like with OGI/BAT, AB InBev distributors selling hemp, and reports that Pernod Ricard is looking at a hemp acquisition.

shimokita_chill

Yep - this drug may become the first SAFE drug to stop early detected alzheimers. HUGE deal. Safety plus a 95% recovery in cognitive decline in this early alzheimers? With no side effects? Huge.

bsproutsy

Yeah... shocker, mr big pharm himself, joe mamchin wouldnt vote for it so lets blame the dems. The same republicans that would have voted against SAFE are the people that would vote against something more. Im tired of the bare minimum being the standard to work toward. Lets get some real change in the sector. That doesnt edge out the home growers and give unlimited power to corpos

Tiaan

Unfortunately we live in reality where, as you said, most of the GOP is against full legalization. So until that changes, incremental reform is the only way to make progress at the federal level. Not to get too political, but I wouldn't put the blame solely on the GOP. The Democrats had full control of congress and the presidency in 2021-2022, but they did not pass any cannabis reform because they tried to push full legalization bills with social justice provisions while literally blocking smaller incremental changes such as SAFE banking because it didn't go far enough. Cory Booker is on record literally saying "he'll lay himself down" to block any "easy banking bill" for cannabis that doesn't additionally include social justice. Unsurprisingly, these bills never went anywhere since they needed bipartisan support and the end result was nothing happening for cannabis for 4 years. I'm tired of nothing happening. It's time to get some progress in this sector

BHOmber

Yup. I fully expect a pullback when this admin gets "distracted" by the next big thing. This type of move isn't driven by concrete legislation or fundamentals. The last time that happened was in the LPs 2016-2017. The MSOs are running on retail hype similar to 2020-2021. The orange raisin is creating extreme volatility for damn near every industry on earth (I do a lot of bulk purchasing/supply chain stuff for a living). I lost 5 figs on the 1.5-2y ITM MSOS leaps that I bought and held through the 2021 memestock bullshit. Thought it was a no-brainer, but McConnell/Booker had other plans for my net worth with the SAFE stalling. Be careful out there. Set stops, cut your losses 10-15% and chill for a bit before re-positioning. I'm no expert, but anyone that's been here since the LP uplistings would most likely say the same. *This is not financial advice*

SpecificImpossible45

Along with the decision on rescheduling in the coming weeks, I really hope Trump endorses the SAFE(R) Banking Act, the STATES 2.0 Act, and/or grants clemency for non-violent cannabis convictions. We really need comprehensive reform and I hope Trump makes that push🤞🏾(similar to Genius Act for Criptow). Federal legalization or de-scheduling was never promised and is not needed. “As I have previously stated, I believe it is time to end needless arrests and incarcerations of adults for small amounts of marijuana for personal use. We must also implement smart regulations, while providing access for adults, to safe, tested product. As a Floridian, I will be voting YES on Amendment 3 this November. As President, we will continue to focus on research to unlock the medical uses of marijuana to a Schedule 3 drug, and work with Congress to pass common sense laws, including safe banking for state authorized companies, and supporting states rights to pass marijuana laws, like in Florida, that work so well for their citizens.” Donald Trump Truth Social 11:18 PM EST 09/08/24 @realDonaldTrump

KAESLAX

Maybe we'll get both by Dec 31 2025 instead. I imagine if we do actually get S3, it'll put renewed pressure to sort out SAFE as well.

throwaway2676

SAFE

gbuster1

Was it a SAFE?

manualCAD

Stock exchanges are private companies and they can do whatever they want. They could uplist tomorrow if the stock exchange board members approved it. They just don't allow cannabis companies because their business is federally illegal. There isn't a S3= uplist switch to press, but it is assumed they will allow uplisting soon after S3 due to the change in public perception and stigma around cannabis becoming less negative. Also not sure how someone could be for SAFE banking as it relates to digital assets, but not willing to apply that to cannabis businesses.

four_twenty_4_20

Bulls time won't be here until it is 100% confirmed. Then we need SAFE & ultimately uplisting for the real bull run. Look at what happened last may right after DEA announcement. Be prepared for a big jump Monday followed by a massive dump Tuesday.

FatFreeSkimmedMilk

CHINA STATE MEDIA AFFILIATES: -- NVIDIA H20 CHIPS NOT SAFE FOR CHINA May my puts actually survive? 🙏 Or am I putting the fries in the bag? 🍟

Many_Easy

Would be nice if that comes true, but I’m not expecting anything. Best scenario or at least a decent initial step would be DEA approving what prior administration started. Also, SAFE banking support from current congress, a revised Farm Bill that limits intoxicating hemp loophole, a reinstatement of the Cole Memo, and eventually Federal deregulation. Reality is that less opposition from GOP senators and GOP states would be a nice first step.

Many_Easy

Now you’re just being silly. Save whatever credibility you have and stick to facts. Let me go first. Biden initiated HHS review. Sure it was later in his term and likely politically motivated, but he did start the process rolling. Sure he didn’t get DEA over finish line with his influence. Sure SAFE didn’t pass maybe because of social equity provisions requested made GOP oppose and not get to 60 votes in December 2022. I personally believe the GOP would have still opposed. However, the Democratic Party has always been more pro-cannabis reforms than the GOP. I really don’t think I need to go back and hash Nixon, DeSantis, Youngkin, McConnell, Reagan’s “Just Say No” campaign, et. al. Nor do I need to rehash all the rumours that never came to any fruition. I’m just calling it like it is.

HugeDramatic

I definitely have more faith in this guy than Chuck Schumer. Seems like good bipartisan support and SAFE banking now fits the mandate of this new executive order. Hopefully they get the ball rolling on the legislation again, with Trump and Vance pushing it over the finish line. S3 + SAFE would usher in a new era for US cannabis companies. I feel like the tier one MSOs would see their share prices double or triple.

UsedState7381

>The federal government shouldn't be able to shut down bank accounts because of outdated reputational risk claims. Having consistently fought against debanking in Congress, I want to thank President Trump for acting on this issue. On the legislative front, I will continue to work to codify these efforts into law by way of the SAFE Banking Act https://x.com/RepDaveJoyce/status/1953547289261486156?t=NHmB-tbSSxzmP7ZG3qy_RQ&s=19 More SAFE Banking hopium is in order. Again.

Cute-Illustrator-862

Boris has been predicting SAFE passing for like 5 years now.

GeoLogic23

He ran on rescheduling cannabis, and said he'd support decriminalization. Decriminilization would have to come from Congress, because cannabis absolutely meets the criteria for a controlled substance. I'm only asking for people to not completely ignore that all the ACTUAL WORK was done by Biden's admin. **I don't care if you criticize him for not pushing it through to the end.** Knock yourself out. If Trump rescheduled cannabis he's doing nothing more than signing off on Biden's work. But if he does it he'll wait for exactly when it is most beneficial to the mega corporations and/or beneficial to him personally. I'm only asking that IF this occurs that people don't start actively contributing to GOP propaganda about how they are good for cannabis. That's how we get SAFE that only applies to hemp or something (like they tried to do in 2019).

DowntownWpg

Legislation to allow the banking of a completely federally illegal substance would be a minefield. I think the DEA will find that schedule 3 is appropriate anyday now and this fall we will see SAFE banking reform. Just a guess but it fits the context I am seeing.

Big-Sand5360

I have been actively trade stocks & options, mostly TSLA & TSLL for 5 years, total made $1.2M ( ~$720K after tax) I'm taking it easy and slow now Account = $1M+ > 1) Making $4k+ per week is very consistent. Mix of TSLA & TSLL call/put > 2) Dividend portfolio that pay $80k per year (still growing) 2025, TSLA crash was a huge opportunity. Bought [ TSLA 3600 @ $238 ] , Will be holding my TSLA for long-term now. Selling TSLA CC at a VERY SAFE strike.

200cents

Disagree SAFE banking can come at anytime.

tstrand1204

IMO, VFF has the most potential catalysts, between the recently announced capacity expansion in Canada (and the fact they are low-cost producer and profitable), expansion in Netherlands (and rest of Europe), and Texas medical license combined with the assets they have there. Combine those micro catalysts with potential for S3/SAFE/excise tax reform leading to a sector bull market, it could get back to ATHs

Big-Sand5360

TESLA , the stock is basically the same as 4 years ago.. but the technology and improvement are better. Short-term (end 2026) I think will see ATH. ================================ FYI, I have been option trading mostly TSLA & TSLL for 5 years, total made $1.2M ( ~$720K after tax) 2025, TSLA crash was a huge opportunity. Bought [ TSLA 3600 @ $238 ] Will be holding my TSLA for long-term now. Selling TSLA CC at a VERY SAFE strike. I'm taking it easy and slow now Account = $1M+ > Making $4k+ per week is very consistent. Mix of TSLA & TSLL (Puts / Call)