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SAFE

Safehold Inc

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Price

$70.6

$-0.07 (-0.10%) Today

Mentions (24Hr)

1

0.00% Today

Volume

$132.9K

Avg Volume

$122.7K

Market Cap

$4B

52 Week High

$95.29

52 Week Low

$66.36

Day High

$70.53

Day Low

$68.9678

Previous Close

$70.63

7 Days Mentions

29

Reddit Posts

r/weedstocksSee Post

Understanding Washington: 2022 The Year Ahead

r/investingSee Post

🚀BSwitzerland Safe Token (BSST)🚀 |✅applied for CMC✅🚀 Join our great community - Big marketing and Influencer proposals soons! | Get in before its too late! ✅ Marketcap 100k ✅%100 Swiss team ✅crazy BUSDRewards 🤑| ✅easy 10-50x ✅%100 safe ✅audited

r/weedstocksSee Post

OK, so maybe I shouldn’t have invested my hard-earned money working two jobs into cannabis BUT at this point my retirement is all in.

If Congress Refuses to Pass the SAFE Banking Act, I've got a Billion Dollar Idea for Deep Pockets ... The Cannabis Industry Needs its Own Cryptocurrency!

r/ShortsqueezeSee Post

$AUVI UPDATE - 80K LIFE SAVINGS YOLO. I AM NOT FUCKING LEAVING!!!

r/wallstreetbetsSee Post

Weed will be legalized in late April or early May 2022

r/wallstreetbetsSee Post

Marijuana will be federally legalized in late April or early May 2022

r/weedstocksSee Post

Federal Cannabis Reform and SAFE Banking Act Receive Bi-Partisan Support

r/weedstocksSee Post

SAFE Banking Act Held Hostage

r/stocksSee Post

Where would you invest 300k?

r/weedstocksSee Post

SAFE is dead. All expectations have been removed.

r/weedstocksSee Post

Rep. Ed Perlmutter on Twitter: Filing an amendment at Rules meeting at 1pm to add SAFE

r/weedstocksSee Post

SAFE Not Included in Congressional Defense Bill

r/weedstocksSee Post

Senate Dems Flex Against House Dems on Marijuana SAFE Banking

r/wallstreetbetsSee Post

Sign the Petition: Tell Schumer to add SAFE to the NDAA

r/weedstocksSee Post

Sign the Petition: Tell Schumer to Pass SAFE in the NDAA

r/weedstocksSee Post

The SAFE Banking Act: What Is It And Where Does It Stand?

r/weedstocksSee Post

SAFE Banking: How to Contact Your Representatives - An Intro. Now is the time!

r/weedstocksSee Post

Daily News Compilation - 2nd December

r/weedstocksSee Post

SAFE Banking Act should be added to NDAA, status quo is ‘untenable’

r/weedstocksSee Post

Schumer's contact info

r/weedstocksSee Post

Call to let them know we want SAFE in the NDAA

r/ShortsqueezeSee Post

Up to date list. Upvote to keep everyone SAFE. #1 CRTX 15 mil float.

r/weedstocksSee Post

Rep. Perlmutter (D-CO) talks marijuana reform (last 2.5 minutes) says "good chance" SAFE is passed

r/weedstocksSee Post

Natalie Fertig on Twitter

r/weedstocksSee Post

U.S. Senator Jacky Rosen Leads Bipartisan Effort to Ensure SAFE Banking Act Included In NDAA - Bill Would Allow Legal Cannabis Businesses to Access Critical Banking Services

r/wallstreetbetsSee Post

U.S. Cannabis' Big Regulatory Moment: SAFE Banking NDAA Union Within Reach

r/weedstocksSee Post

U.S. Cannabis' Big Regulatory Moment: SAFE Banking NDAA Union Within Reach

r/weedstocksSee Post

Rosen Leads Bipartisan Effort to Ensure SAFE Banking Act Included In NDAA

r/weedstocksSee Post

U.S. Cannabis' Big Regulatory Moment: SAFE Banking NDAA Union Within Reach

r/weedstocksSee Post

Rosen Leads Bipartisan Effort to Ensure SAFE Banking Act Included In NDAA | Senator Jacky Rosen

r/weedstocksSee Post

MIL-OSI USA: Rosen Leads Bipartisan Effort to Ensure SAFE Banking Act Included In NDAA

r/weedstocksSee Post

Daily News Compilation - 23rd November

r/weedstocksSee Post

"The Buyers Are Higher" Twitter Spaces Nov 18, 2021 - Boris of Curaleaf chimes in

r/wallstreetbetsSee Post

MSO restrictions, Germany legalization and the case for TLRY

r/wallstreetbetsSee Post

JPM, Germany and the MSO shill. The case for TLRY.

r/wallstreetbetsSee Post

JPM, Germany and the MSO Shill. The case for TLRY

r/weedstocksSee Post

Veterans for Cannabis - Half Marathon - Running for Justice - “States Reform Act” - NDAA SAFE

r/wallstreetbetsSee Post

COTRP announces first of its kind cryptocurrency conversion 1:1 shares

r/wallstreetbetsSee Post

SAFE BANKING THIS WEEK VIA SENATE FLOOR - NDAA - Huge for Weed !!

r/wallstreetbetsSee Post

MSOS is a NYSE traded ETF consisting of OTC traded US Cannabis companies, $1.23B Assets under management

r/wallstreetbetsSee Post

DD on $RWBYF or $RWB:APH (balls deep? yes plz)

r/wallstreetbetsSee Post

$MSOS US Cannabis ETF is now over $1b in Assets under management

r/wallstreetbetsSee Post

MSOS US Cannabis ETF just passed $1b in assets

r/wallstreetbetsSee Post

Cannabis / WeedSqueeze is here $MSOS - mods please let me post!

r/weedstocksSee Post

Podcast with Danny Moses of “Big Short” fame discusses US cannabis and SAFE

r/weedstocksSee Post

Governors urge Congress to pass SAFE Banking Act to open up banking services for cannabis companies

r/weedstocksSee Post

Understanding Washington: Virginia and the GOP Bill

r/weedstocksSee Post

Daily News Compilation - 8th November

r/weedstocksSee Post

SAFE Banking status: Q&A with marijuana industry ally US Rep. Ed Perlmutter

r/weedstocksSee Post

Daily News Compilation - 5th November

r/weedstocksSee Post

SAFE Banking, remote notary should be included in Senate NDAA

r/wallstreetbetsSee Post

JPM, Cannabis and the MSO Shill. The case for Tilray following MSO restrictions.

r/wallstreetbetsSee Post

JPM and the weeds. The case for Tilray following MSO restrictions (credit to u/PenroseB)

r/wallstreetbetsSee Post

JPM, Cannabis and the MSO shill. The case for Tilray following MSO restrictions (credit to u/PenroseB)

r/wallstreetbetsSee Post

JPM, Cannabis and the MSO Shill. The case for Tilray following MSO restrictions.

r/wallstreetbetsSee Post

JPMorgan, Cannabis and MOS Shill. Long TLRY

r/wallstreetbetsSee Post

JPMorgan, TLRY and the MSO shilling. Discussion on what happened and why.

r/wallstreetbetsSee Post

JPM, Cannabis, TLRY and the great MSO Shilling.

r/wallstreetbetsSee Post

JP Morgan, MSO Shills and the Case for TLRY

r/wallstreetbetsSee Post

JPM, Cannabis and the Case for TLRY

r/wallstreetbetsSee Post

JP Morgan, Cannabis stocks, Citadel and the case for TLRY.

r/weedstocksSee Post

Author takes issue with MSO'S, doesn't mention the politician blocking access to the SAFE banking needed for 'disenfranchised' entrepreneurs are crying out for to compete

r/weedstocksSee Post

Author takes issue with MSO's, doesn't even mention the name of the politician who went on record to say they would lay themselves down to prevent access to the SAFE

r/ShortsqueezeSee Post

Athyrium Capital Management LP — Chapter 11 Bankruptcy Cases — Vivus Pharma and more - be CAREFUL Athyrium needs to be removed as majority owner before this is a SAFE play hence waiting on 140M DILUTION.

r/wallstreetbetsSee Post

$MCMJ - A better way to get high than sniffing glue

r/SPACsSee Post

$MCMJ - Leafly 🌿: Weed Rotation And Likely Last Great SPAC Opportunity

r/SPACsSee Post

$MCMJ - Leafly: Likely The Last Low Float SPAC With Options In Our Lifetime

r/weedstocksSee Post

How about we organize a day where we have a "Call Your Representative Day"?

r/weedstocksSee Post

Understanding Washington: October Updates

r/wallstreetbetsSee Post

The case for Cannabis - Inverse Jim Cramer with TLRY 10/13/21

r/stocksSee Post

High in Cannabis

r/wallstreetbetsOGsSee Post

$GTBIF - High on Cannabis Opportunity

r/wallstreetbetsSee Post

High on Cannabis Opportunity

r/weedstocksSee Post

Federal Financial Regulator Urges Congress to Act on SAFE - Legalization Inevitable

r/stocksSee Post

which of these would you buy at current prices? TGT, CHWY, PTON, SPCE, DKNG, TDOC, TALK, or SAFE?

r/weedstocksSee Post

U.S. House Passes the SAFE Banking Act as Part of Defense Bill

r/wallstreetbetsSee Post

The Next Trend Reversal $SAFE/$STAR

r/wallstreetbetsSee Post

House Advances SAFE Banking Act as Part of the Must-Pass NDAA

r/weedstocksSee Post

House Passes Cannabis Banking Reform as Part of Department of Defense Funding

r/weedstocksSee Post

House Advances SAFE Banking Act as Part of the Must-Pass NDAA

r/weedstocksSee Post

POTENTIAL UPLISTING FOR MSO's

r/weedstocksSee Post

What could the House's passing of the SAFE Banking Act mean for the pot stocks? CNBC's Fast Money on Twitter

r/weedstocksSee Post

US House Passes SAFE Act As Part Of Defense Spending Bill

r/wallstreetbetsSee Post

TLRY to the moon 🚀

r/weedstocksSee Post

Chuck Schumer: “trying to pass SAFE legislation again? Shut it down”

r/weedstocksSee Post

SAFE Banking Act successfully added to House NDAA

r/weedstocksSee Post

Rep. Ed Perlmutter tired of Schumer ‘soon’ and bent Booker standing in the way of SAFE

r/weedstocksSee Post

NORML Sends Letter In Support Of The SAFE Banking Act Being Attached To The NDAA

r/weedstocksSee Post

Brady Cobb on Twitter - SAFE coming soon - report to follow.

r/wallstreetbetsSee Post

Ticker: SVFD. They’re saving food wastage! Let’s help out WSB!

r/wallstreetbetsSee Post

US Government catalyst happening next week for weed stocks

r/wallstreetbetsSee Post

US Government catalyst happening next week for weed stocks: TLRY CGC

r/wallstreetbetsSee Post

US weed yolo with SAFE banking act getting added to the NDAA (National Defense Authorization Act) in the House next week. Expecting further run into EOY.

r/wallstreetbetsSee Post

MSOS (US Weed Companies ONLY) DD / US Government catalyst happening next week

r/wallstreetbetsSee Post

MSOS (US Weed Companies ONLY) DD / US Government catalyst happening next week

r/weedstocksSee Post

SAFE banking added as amendment 599 to bill H.R 4350 - National Defence Authorization Act for fiscal 2022.

r/stocksSee Post

I have a SAFE (Simple agreement for future equity)

r/wallstreetbetsSee Post

Just made $4,000 through my small business

r/weedstocksSee Post

Federal Cannabis Bill prospects in the near future

Mentions

The issue is that too many political zealots try to sway the narrative with BS. Yeah, he did say that, and his term isn’t up, so you don’t know if they are or aren’t going to approach cannabis in the next 3 years. So far everything that they try gets squandered by 50 Republican senators and 2 DINOs to break the tie. Like I said, I would not be concerned until after the mid term elections if the democrats don’t rally around cannabis. If they don’t, then all bets are off, and I will dramatically reduce exposure to this sector, even if I have to take a loss. Biden and Congress having a full two years and getting nowhere with weed is a big red flag, until then, getting anything passed in a heavily obstructed Congress will take time. The SAFE Banking Act couldn’t even pass as a rider in the NDAA. (Thanks Biden??) /s Blaming Biden for the clusterfuck that is US Congress is just further gaslighting, and honestly, should be banned here. It doesn’t get us anywhere.

Mentions:#SAFE

>WILLIAMS SAYS STABLE COINS AND CENTRAL BANK DIGITAL CURRENCIES ARE ACTIVELY BEING STUDIED BOTH IN TERMS OF REGULATION AND MAKING SURE THEY'RE SAFE AND SOUND ^\*Walter ^Bloomberg ^[@DeItaone](http://twitter.com/DeItaone) ^at ^2022-01-14 ^11:25:40 ^EST-0500

Mentions:#SAFE

1. Legalization aint happening. Even SAFE didn't happen. Congress is gridlocked and fucked, the midterms will finish them off on doing *anything*. 2. The big fishs and funds are interesting, nobody gives a flying fuck about the Michigan state fund. 3. But that can be really expensive, one state having e.g. drop in demands=> you get inventory you cannot sell. Tilray experienced this during covid. Also, you need production facilities in Every. Single. State. In. The. Us. 50 Production Facilities with a 50 seperate distribution networks? You get my scepticism? Tilray could deliver to even Italy in the eu from Germany due to the (legal) benefits of the single market. Currently its even difficult to say if MJ trade between europe and America be even legal due to international laws like UN Drug Convention. The single market should override this. Europe is the key to big money, not the US. 4. Europe, europe is the big upside with tilray and they haven't had the chance to prove themselves there. If a US Company would have established themselves there the way tilray did, i would have gone with them. But that didnt happen. I do get why so many nerds dont like tilray, probably bought during the squeeze last year and held like a retard, but jezus its a 3 year old company in a currently very small market. I am not expecting much from their financials except not going broke.

Mentions:#SAFE#MJ

**If Texas legalizes but Village is still prohibited to grow because of Nasdaq and federal regulations would you consider temporarily leasing out that space to another grower at that time? Would Village be able to spinoff into a subsidiary to grow in the Texas greenhouse legally? Delisting?** We have strategies in place to deal with different scenarios based on the regulatory outcomes. \~Mike **Are the 4 greenhouse facilities in Texas broken up into a way that would be easy to convert over time like Delta 3, D2 and D1?** Yes. \~Mike What would be the order of conversion and expected cost of conversion for the first facility? The answer would depend very much on how the regulations unfold. \~Mike **What has been your favorite legislation announced thus far and which has the most traction in your eyes if any? (ie MORE, SAFE, CAOA HOPE)** SAFE – because it’s the safest bet to pass.\~Mike **I have tried a few products from CBDistillery and I'm a huge fan. (I read an article that suggests combining omega 3 fish oil pills with my CBD and it's been working wonders )** Great! \~Mike **Any update on federal clarity with regards to CBD and the opportunity of getting products into nationwide retail?** We believe it’s a huge opportunity once the FDA provides clarity – that’s when we think big retail gets involved. \~Mike **I'm curious on what steps or legislation we can support to ensure all competitors are held to the same standard that BHB follows with regards to safety and legitimacy of CBD before it become synonymous with snake oil.** Lots of CPG industries have regulations and standards but it doesn’t mean they are always adhered to. A safe, consistent product is something you have to actually execute on day-in and day-out to build a brand. Consumers can help by purchasing from companies you can trust. It’s in your best interest personally as well. And certainly buy more Balanced Health products :-) \~Mike From my U.S. American perspective with access to headset data it appears that Alberta is an extremely challenging market with competitive pricing. Will pricing become more rational this year or will our competitors continue to sell products at below their cost of production? By the way congrats to Jet Fuel Gelato on joining the top 10 in Alberta it appears to be a huge hit with consumers. At some point the musical chairs on pricing in Alberta is going to stop. Producers can only sell below their cost of production for so long. We’re already starting to see brands make adjustments upwards on some products in that province. Thanks for the congrats on Jet Fuel Gelato. We’re super excited. We think it’s going to be a top-performer in the country just like Pink Kush was. \~Mandesh **Any color on the hang drying that you mentioned on the Q3 call?** We’re excited to bring hang-drying to all of our flower, planned by Q2 of this year. We’re already starting to send some hang-dried product to market today, so consumers will no doubt notice the roll out from batch to batch. \~Mandesh **Any update on with Israel and the major opportunity there?** We’re talking to various partners in Israel. There’s a lot of demand for our everyday premium product and brand there and we see opportunity as Mike has mentioned. \~Mandesh **Any insight into the first harvests of Delta 2?** No difference from our current harvests from Delta 3. The quality and output is on par with what we’re already providing the market. \~Mandesh What are your thoughts on ‘shred’ or pre-milled flower? is it a race to the bottom? Sharing what I said before: We’ve always been looking at milled flower, since the early days. But the consumer base had to be ready for it to be successful. And we’re starting to see it now. Anytime you add new SKUs to a segment you’re already in, there’s always a risk that there might be some cannibalization. But we’re confident that we’re going to grow the bigger pie and our new milled SKU will offset any possible cannibalization. We’re prepared to understand the impacts and make some adjustments as we go, but this move will help us grow the share of overall flower for Pure Sunfarms. For us it’s not a race to the bottom, we’re already starting to see prices become normalized. \~Mandesh **I tried to purchase a few 100$ of PSF swag online last year and was unable to check out due to my US address. I'd love to be able to support Village in more ways than buying tomatoes, CBD and Bota products and loading up on shares.** We’re sorry to hear that. The regulations prevent us from shipping our merchandise outside of Canada, but we appreciate your support. \~Mandesh

I am not seeing any bullishness on US Msos, contrary i feel they are more fucked then Tilray. MSOs need federal legalization, and thats not happening ANYTIME soon. Without federal legalization, MSOs are not even able to move goods between states, not even talking about exporting MJ from the US to Europe. There are financial constraints which the SAFE act should have solved, but well that did not happen. Speaking of MSOs Stocks, there is a massive lack of liquidity in them cause institutions are not touching them without federal approval and thats a massive disadvantage. They can make as much money as they want but if the stock price doesnt react to it? Where is the profit in that? And the biggest red flag is, if federal legalization in the us does not happen before the next election (highly likely) and its not guaranteed that a democrat holds the white house (also highly likely), what prevents a new republican president like Trump 2.0 to just overrule any state regulation on MJ? There is no guarantee that that does not happen. The supremacy clause gives the federal government every right to do that. Jez, even Biden might do it. US Politics are just way to instable. So MSOs, even when showing stronger financials then Tilray (as the leading canadian lp), have massive red flags. Tilray on the other hand has solid advantages in Europe by already having a team and facilities in Germany and Portugal which can be upscaled without any issues. And here comes the fun part, they are basically without any competition there. Growing and harvesting cannabis is also not easy as one might think it is, QMS Standards for cannabis (especially for medicinal use) are high, which will be Tilrays Moat in Europe for the foreseeable future. So fuck your msos, ill be drinking tilray brands Sweetwater 420 beer next year OP.

Mentions:#MJ#SAFE

This. Legalization will be a very, very slow process in Congress. Look how long it took the Farm bill to pass. I’m happy with baby steps and continuing to ride the cycles. Even a tiny country like Canada took 3 years before the first AU sale. If the SAFE Act finally breaks through Congress, even then it could still take quite some time to really implement some of those features. We don’t even know just how helpful it will be either or if it will even address the 280e issue.

Mentions:#AU#SAFE

Congress should help with SAFE banking. Other than that the rest is not real important anyway.

Mentions:#SAFE

Adding my 2 cents to the SAFE/legalization thesis: ain't gonna happen. Impossible, in my opinion. Moving ahead with this thesis, it means the top MSOs have an unbeliiveable opportunity to plant flags all around the US - nothing to stop them now. Invest wisely and enjoy "the flippening" when it happens.

Mentions:#SAFE

You simply have to move forward with your investing thesis as if SAFE or FEDERAL reform will NEVER happen. If that's the case, the top tier MSOs have it all in the palms of their collective hand. This is just an absurd sitiuation, but the end result is a race among 5-6 companies to conquer all of America. Wow.

Mentions:#SAFE

With Pfizer now in the cannabis business, and now big media pushing the study of the link between cannabis compounds and prevention of investion by covid-19. Maybe we can start to see a lift of cannabis ETFs, heres hoping this is going to trigger the start of another bull run. And also put pressure to get SAFE and MORE Act through.

Mentions:#SAFE

With Pfizer now in the cannabis business, and now big media pushing the study of the link between cannabis compounds and prevention of investion by covid-19. Maybe we can start to see a lift of cannabis ETFs, heres hoping this is going to trigger the start of another bull run. And also put pressure to get SAFE and MORE Act through.

Mentions:#SAFE

This has been a repeat comment so I'll try to give a better answer here: In a future scenario where "any" bill is amended to include SAFE or SAFE like language on the House side it will then need to go to the Senate side. If stripped (as expected) and returned to the House the question becomes would Rep. Perlmutter have some options to put the language *back* into the bill and force Schumer's hand. Here's how this works: * Once the Bill is back on the House side it goes to Rule's Committee. Rep. Perlmutter is 1 member of the committee and not the chair. Each member has certain rights and responsibilities in the committee, such as proposing rule changes or amendments to bills. Perlmutter can suggest SAFE. * The committee will determine whether or not to include it or any other amendments to the full bill. This represents the first opportunity for Leadership to squash SAFE as an amendment. The committee chair, Rep. McGovern can decide to allow the amendment to be voted on or not via several procedural mechanisms. Even if he allows it to be voted on for addition it must pass with a majority. Here Speaker Pelosi can tell her members to vote against the measure. * The power that Pelosi and Schumer have come from their vast powers as the leadership. This is why you do not see members voting against their party (on either side) very often. Leadership can remove you from committees, or if you are a chair remove your chairmanship. They can stop moving your legislation and keep you off various groups that come together to tackle upcoming policy issues. They can keep you from attending meetings or international trips, and so on. They are in charge and to "slip" a measure into a bill to gum up the works against Schumer is not going to end well. * In a situation where the Rule's committee went rogue and added SAFE back in it would go to the floor for a vote. Here Pelosi could use Speaker mechanisms to kick the bill off the floor sending it back to Rules indefinitely. This creates a stalemate. At this moment the stalemate gets solved by conversations behind closed doors and Pelosi/Schumer hold the cards. If the members of the House Rules Committee really wanted to fight till the end, this is the end. **Rep. McGovern is not going to give up his chairmanship for SAFE banking.** * Lastly, in the <0.01% chance some legislation includes SAFE, goes to Rules and includes the amendment, goes through the House floor and goes BACK to the Senate. Schumer would be able to either (a) remove it again and send it back to show he is not bluffing or (b) allow the Senate to vote on the measure. After all of this why would he allow it to pass? He is either OK with SAFE or NOT, and so far he's made it clear he is against it. Mix that with the massive power of the leadership role he is in and my analysis points to little expectation for passage unless things change. Watch his press releases.

Mentions:#SAFE

I’ve heard this from many and appreciate you including. Practically speaking if the rules committee has added SAFE back into the bill it would have caused a situation where the bill either moved back ti Senate w SAFE for a vote (which Schumer was against, so unlikely) or it would have come back to the Senate. They would strip it again and send back to the House. This ping pong would have to end at some point and it always goes to the more powerful leadership. Schumer and Pelosi steer the ship no matter what. I know this is frustrating (to readers AND Perlmutter) but it does not change.

Mentions:#SAFE

First off, Mr. Degiglio, congrats on your first grandson and Mandesh congrats on another healthy child! I really appreciate you guys taking the time for the AMA. **Texas** 1. If Texas legalizes but Village is still prohibited to grow because of Nasdaq and federal regulations would you consider temporarily leasing out that space to another grower at that time? Would Village be able to spinoff into a subsidiary to grow in the Texas greenhouse legally? Delisting? 2. Are the 4 greenhouse facilities in Texas broken up into a way that would be easy to convert over time like Delta 3, D2 and D1? 3. What would be the order of conversion and expected cost of conversion for the first facility? 4. What has been your favorite legislation announced thus far and which has the most traction in your eyes if any? (ie MORE, SAFE, CAOA HOPE) **BHB** I have tried a few products from CBDistillery and I'm a huge fan. (I read an article that suggests combining omega 3 fish oil pills with my CBD and it's been working wonders ) 5. Any update on federal clarity with regards to CBD and the opportunity of getting products into nationwide retail? I'm curious on what steps or legislation we can support to ensure all competitors are held to the same standard that BHB follows with regards to safety and legitimacy of CBD before it become synonymous with snake oil. **PSF** 6. From my U.S. American perspective with access to headset data it appears that Alberta is an extremely challenging market with competitive pricing. Will pricing become more rational this year or will our competitors continue to sell products at below their cost of production? By the way congrats to Jet Fuel Gelato on joining the top 10 in Alberta it appears to be a huge hit with consumers. 7. Any color on the hang drying that you mentioned on the Q3 call? 8. Any update on with Israel and the major opportunity there? 9. Any insight into the first harvests of Delta 2? 10. What are your thoughts on ‘shred’ or pre-milled flower? is it a race to the bottom? 11. I tried to purchase a few 100$ of PSF swag online last year and was unable to check out due to my US address. I'd love to be able to support Village in more ways than buying tomatoes, CBD and Bota products and loading up on shares. **Random thought** App Harvest has attempted to enter the produce space this past year with newly developed greenhouses in Kentucky and promises to completely automate the cultivation and harvesting side of CEA in their new (empty) facilities They have a market cap of $400mm(down from 3.5B in February 🤯) on 500k of sales in Q3 On this metric Village should be valued at $30B+ on our $41m produce sales alone ;) I hope this doesn't keep you up at night like it does for me mike.

Great write up as always. If Perlmutter decided to go full obstructionist and be willing to do anything to try to force a SAFE vote in the senate, what are his options? As I understand it, he could have forced another vote on SAFE in the NDAA after the Senate-approved version made its way back to the house (when Perlmutter gave his speech explaining that Pelosi talked him down from this). Could he do this for the appropriations bill?

Mentions:#SAFE

I try to adjust my outlook as I get more info. 2021 showed us very clearly that SAFE or other Banking Bills would not move through the Senate without Social Justice. In June I thought a compromise w SAFE+ type language was reasonable. After July it seemed that either Schumer was a no or was bluffing and politicking. In October it became clear that even an amended via NDAA was a nonstarter. Those datapoints shape my 2022 outlook. So it’s reasonable to assume we learn more in March or June this year to further shift things. I’d look to a Biden move or a GOP Senate comment toward compromise.

Mentions:#SAFE

It's not a misconception, it's literally a fact. [The reason why SAFE is not law right now is because of Schumer.](https://www.marijuanamoment.net/lawmakers-talk-next-steps-for-marijuana-banking-and-legalization-after-reform-blocked-by-senate-leader/) > “Senator Schumer really weighed in on this. It was one of the last things eliminated from the NDAA—really at the Senate majority leader’s insistence,” he said. Schumer was the one that pulled it out of the NDAA. Schumer is the one that is preventing it from coming to a vote in the senate. Me and many others are hoping that he is doing this because he has a realistic plan for comprehensive reform. SAFE very likely does have enough support in the senate to pass if it were brought for a vote, but that's not really the point, because the key people who can actually bring it to a vote will never do so because they don't support it's standalone passage.

Mentions:#SAFE

Amazing write up as always. Dan Ahrens has said that he expects SAFE to go through this year. Do you think he has different information than we do or is he interpreting the information differently?

Mentions:#SAFE

There's been some talk that if CAOA is submitted and blocked, Schumer might be willing to allow a vote on SAFE. A block of both bills by Republicans will be a win for the Dems at the Polls. If Schumer fails to bring anything to a vote, that seems like a win for the Republicans. A filibuster of CAOA by the Republicans is the same as a no vote in my book. What is the most likely scenario?

Mentions:#SAFE

&#x200B; >It is very unlikely that should the bill come before the Senate Floor Sen. McConnell would allow the Democrats to pass the bill with a bipartisan group. For one thing, McConnell has shown he is not interested in moving SAFE legislation as evidenced by his time as Leader, and secondly McConnell has no interest in providing the Democrats with any legislative wins. This here may be the biggest reason nothing has happened. Not allowing a populist victory is paramount to solving any problems. And as Republican Senators keep electing McConnell as their leader, you can be comfortable asserting this is the way Republicans want it.

Mentions:#SAFE

SAFE, rescheduling (not completely descheduling) and expungements would get the 50 votes if they can get around the filibuster. At least two republicans would vote for this to replace Manchin and Sinema. It's business friendly and has some social equity, but doesn't give the democrats the full legalization headline hype before midterms or equity programs for minorities. While that's all opinion, its only something as simple as that that is needed. But instead of any progress on any side, we get nothing except automated twitter posts from Schumer. It's terribly frustrating as both an investor and someone that actually wants some positive change in this world. Anyway, appreciate your post + responses.

Mentions:#SAFE

[Here's the tweet](https://twitter.com/RepPerlmutter/status/1468269444061294596) from Pearlmutter saying he was going to add an amendment to the Senate version of the bill to put SAFE back in but ultimately didn't. &#x200B; >As soon as Republicans start talking about the CAO-HIR some thing they want to work with and amend we can see a green light Ahead What are you referring to in this? It's above me. &#x200B; >instead of assuming that Chuck Schumer is the problem He, and The Republicans, are the problem though. This is something that should have been legalized years ago (arguably decades ago). Cannabis reform is a slam dunk now as far as voter approval goes and with the [senate already beginning to lean Republican in the midterm polls](https://www.270towin.com/2022-senate-election/), The Democrats need something to show progress. I agree that SAFE is not it, but there's been 0 progress on CAOA and even this filibuster change that is being talked about would only stretch as far as voter rights. And in my opinion I don't see voter rights bringing in enough votes to tip the scales back.

Mentions:#SAFE

My impression is that we (as the public) will not know of any meaningful progress on the cannabis reform front until it's literally about to happen. These discussions are happening behind closed doors. This analysis is helpful but it's basically the status quo, which we should all be aware of at this point. I also find it odd that you said that it's unclear if SAFE has enough votes to pass on its own. The senate version of the bill has 40 cosponsors, including 9 republican senators. There was bipartisan support from the senate for its inclusion in the NDAA. Schumer is definitely the holdup on SAFE, which implies that he has some plan for a comprehensive bill. Again, we won't hear much about that comprehensive bill until it's looking likely for it to actually pass

Mentions:#SAFE

Great write up but I think if you did not watch the rules committee hearing where perlmutter intended to add SAFE banking back into the NDAA before being pulled out of the room and subsequently changing his mind then you are missing part of the narrative. The panel barely mentioned the NDAA, rather spoke at length about how Schumer (mentioned by name) tanked SAFE. It was clear that the panel intended to add the language back to the bill until perlmutter stood down. Interesting comments from perlmutter, the chair of rules committee, and the chair of armed services. Doesn't change anything of what you wrote other than SAFE wasn't removed as one of hundreds of other amendments, it was very specifically removed by the senate majority leader. This was made very clear by the rules committee.

Mentions:#SAFE

>I’m not familiar with what you are describing. When the senate NDAA bill went back to the house during the pseudo-reconciliation process they had, it did not include SAFE. Pearlmutter tweeted that he'd veto the bill to (i think) put SAFE back in (or however the process works). Upon committee hearing, he showed up quite late and gave a short speech along the lines of "what the fuck is Schumer's problem?" and did not end up vetoing the final version of the bill like he said he would in the tweet (followed live and was disappointed). Like you've mentioned, it could have just been Schumer, Pelosi etc telling him to back off but could this possibly give any indication they have a plan ahead for CAOA?

Mentions:#SAFE

Appreciate your analysis and insight as always. One question that maybe can go into the "wildcard" column. How do you see a possible repeal of the filibuster in order to push through voting rights (as both Schumer and Biden have recently made very public that they want progress and passing legislation before midterms) affecting the chances of CAOA and/or SAFE? My guess is even with the filibuster removed SAFE would still have the problems you have previously stated (Shcumer not bringing it up), but it seems like his CAOA would have a decent chance if it needed only 50 votes in the Senate. Thanks again for your write-up and thoughts.

Mentions:#SAFE

What you failed to mention (great write up btw) is that Perlmutter was set to add his SAFE amendment into the bill. Shove it back in, if I may. And then while watching I noticed he arrived to the meeting late. Great, I said, until I watched him be pulled aside by that twat Pelosi, have something whispered in his ear and then concede to his amendment. What was said? Who knows. But I’ll say this, games rigged and players on our side aren’t always as they appear

Mentions:#SAFE

This is the exact reason I’m long only the big 5 MSOs with my biggest positions being the top 3 which are cash flow positive. While I would be lying if I said I didn’t want SAFE ASAP, the longer this takes, the more the little guys will get squeezed out and LPs will be forced to observe from the outside. As long as states continue to legalize, then we will continue to see good growth and these top tier moats will become even bigger and more valuable.

Mentions:#SAFE

Its MJ thats killing alot of ppl. I dont think anyone thought there would be no legalization in 2021. That last SAFE fiasco killed it for me. If your going to hold mj. Stick to profitable companies only. Not "soon to be"

Mentions:#MJ#SAFE

Let them start by passing the SAFE banking act for cannabis businesses first 👏

Mentions:#SAFE

With the microcaps I prioritize profitability, because they need to be prepared to survive without pressure to dilute in case SAFE is further delayed. Vext is a good choice. Marimed is a also a good choice because they have low debt and a path to grow efficiently by rolling up their managed companies. Their Maryland deal is a good example, that's a killer deal for those assets.

Mentions:#SAFE

So the government prohibited weed decades ago, pushed alcohol and tobacco which are BOTH carcinogens, got people addicted to both, made money from big Pharma back door deals so they could sell their cancer drugs that don’t work and pain medications that are worst that weed, all the while people dying from alcohol and tobacco consumption OR the pharmaceuticals that don’t work, but they can’t pass the SAFE act, or something equivalent. Progress.

Mentions:#SAFE

There’s two paths. Full legalization. In which case you don’t need SAFE. Removing the possibility of criminal prosecution for depository institutions that work with the cannabis industry.

Mentions:#SAFE

This follows the most common concensus which is that SAFE is the path. Hoping for multiple paths thus my question, only time will tell.

Mentions:#SAFE

Your frustration is totally warranted. It’s upside down world in this industry. Though, it your frustration will continue because the answers to your questions are simple. 1. Yes 2. SAFE

Mentions:#SAFE

SAFE banking doesn’t explicitly enable stock market listing. However, it doesn’t explicitly forbid it either. My uneducated view is that the SEC can allow it without government legislation. It can be a simple policy or rule within the SEC. Even right now they are unable to list because exchanges don’t want to work with a US company that is invested in a federally illegal business. However, if a bank is allowed to work with cannabis companies then there’s nothing stopping exchanges from working with them. They’re both financial services. A SEC ruling is the way forward once SAFE is passed.

Mentions:#SAFE

All it takes is some writing saying feds will not go after companies investing in this space and even without SAFE, I think we see institutional money start coming in. The big money is waiting

Mentions:#SAFE

So, I am inviting Wall Street analysts, fund managers, lobbyists, legislative attorneys, or anyone with legitimate expertise to answer the questions posed below. But first, let me set the stage. After spending hundreds of late-night hours researching the fundamentals and trajectories of cannabis over the last three years it is clear to me that when a positive development takes place in the U.S. it is the Canadian market caps that receive the benefit. On the other hand, if a Canadian company has a negative cough the U.S. companies get the cold. Today Tilray missed street estimates on revenue (albeit progressed on cash flow) and the stock shoots up +15% during a market melt-down. In contrast when U.S. MSOs are generating blowout fundamentals, they watch their market caps decline. OK, anyone that has been around this sector knows why. The Canadian companies are federally legal and have a national compliance that allows them to be listed on U.S. exchanges. The U.S. companies are federally illegal (despite their ability to operate legally in their own states) preventing their access to the U.S. exchanges. And of course, we all know about the positive ramifications if the much talked about legislative bills (280 E repeal, MORE, SAFE Banking, etc.) were to pass. However, none of us know if this legislation will ever move through the house and senate. The power struggles of the left and right, the secret and disingenuous interests of congress, the pork belly attachments and political trading and the strategic moves of politicians make it impossible to predict the outcome of these bills. But in the end, it doesn’t matter. There is ONLY one thing that will release the compressed value of the U.S. MSOs that are achieving blow out earnings reports quarter after quarter. U.S. MSOs need access to the Nasdaq and the New York stock exchange so that institutions can get into the game and generate the trading volume these companies currently lack. So, my questions are as follows: \- Assuming cannabis remains federally illegal, but states continue to legalize \- If U.S. cannabis companies continue aggressive revenue growth into $ billions \- Assuming U.S. cannabis companies produce strong positive EBITA, cash flow and reserves Is there any possible path to up list to the New York Stock Exchange and Nasdaq without federal legality? IF so, what legislative bills if any would be required (SAFE Banking, rescheduling of cannabis, etc.)? I am sure that many are asking these same questions. Thank you in advance for your knowledgeable response.

Mentions:#SAFE

>So many people have PTSD from '08 they are ready to dump at a moments notice. Maybe they should because that happens and probably will at some point happens again. That is in stark contrast to many reddit users who never lived through a bad recession and think the S&P500 is an acceptable "SAFE" alternative for a savings account to put a down payment for a house in for 6-12 months. I literally get down voted weekly for reminding people the S&P500 isn't safe in the short term and is not a proper vehicle to for example save a down payment for a house you will need in 1 year, or student loan money

Mentions:#SAFE

They were at $10 just in oct….weed won’t jump until SAFE gets more focus from senate

Mentions:#SAFE

Budweiser does not make or sell cannabis beverages. What you are probably referring to, is their joint venture with Tilray called Fluent Beverage Company. Think of this as a sort of third company owned by Tilray and Ab inbev. Did Bruce linton champion SAFE? I can’t recall- it has little value to LP’s unless there is language to uplist and I doubt that was ever the case. Delist is the current path but would be the fourth turning of any company who chooses to go that route and cause great pain in the short term.

Mentions:#SAFE

Oh fuck off. That documentary was the biggest hand-wringing crock of shit. Ohhh, roblox doesn't police kids doing stuff on discord!! What tryhards. WHY DOESN'T ROBLOX COME SIT AT LUNCH TABLES TO MAKE SURE THE KIDS ARE SAFE?? The rest of the claims were JUST as dumb. It's just yet another instance of "won't somebody think of the children" church-mom crybullying.

Mentions:#KIDS#SAFE

Macro headwind: 1. Feds rate hikes, 2. Unwinding balance sheet, 3. Burgeoning inflation, 4. Political bureaucratic bargaining leading to nowhere, 5. Senile lying son of a fucking gun of a president that doesn't fulfil campaign promises. Industry tailwind: 1. SAFE+ maybe? (pure hopium)

Mentions:#SAFE

Just sharing tidbits i remember on the top of my head: \- It might seem quiet in DC right now but there is actually a lot of things progressing behind closed doors \- It was never the plan for SAFE to pass through NDAA. In his opinion, something should be passing, some kind of derivative of SAFE, in the spring of this year \- He said Curaleaf had a ridiculous amount of cash and access to capital and they had a good timing at refinancing at 8% before the end of 2021 \- A lot of tier 2 and tier 3 companies are calling and begging to be acquired \- Slowdown in the sector in Q3 and Q4 because of different reasons and he mentioned notably because of Croptober. Acceleration of sales should come in the second half of Q1. \- I don't really liked that part but he said he believed the bottom in the sector is near \- He is super excited about 2022 and everything that will happen + early 2023. He is also satisfied Cura didn't do many acquisitions in 2021 while prices were high Basically, he's pretty good at reassuring retail investors and taking a step back and reassess the situation

Mentions:#SAFE

The main reason this sector is suffering is because of the far left Dems wanting to attach their social vision to SAFE. We've known that and must wait longer.

Mentions:#SAFE

lol SAFE doesn't mean banks will just magically hand out capital to anyone who asks. If you're going to act incredulous you should first know what you're actually talking about.

Mentions:#SAFE

SAFE has been passed by the House 5 times. That's just not good enough for the Dems in the Senate.

Mentions:#SAFE

There is one major problem. It relates to the "federal THC permissibility" part. Interstate commerce and federal legalization are not coming for a while (probably atleast 3-5 years). Before this happens, we will get SAFE with uplist or decriminalization or something else where Canopy will be able to enter the US. The only problem is Canopy will not have enough licenses to do what you describe. Acreage has a decent footprint but Canopy will struggle due to lack of State by State licenses, which is what they will need in that current system.

Mentions:#THC#SAFE

The Dream... "However, in lieu of the supposed all-or-nothing approach, advocates should be aggressively pushing for improvements to ensure that historically excluded businesses are better able to obtain commercial loans under a safe harbor scenario. That starts with protections for Community Financial Depository Institutions (CFDIs) and Minority Depository Institutions (MDIs) as well as provisions to prevent discriminatory lending practices and incentivize loan availability for disadvantaged cannabis businesses." &#x200B; The Reality.... "There’s a significant chance that if the SAFE Banking Act is amended to include equitable banking provisions, it would lose much of its Republican support. The fact that Republicans could take over one or both chambers of Congress next year only underscores the need to add social equity to SAFE now while there is still political opportunity." Dems are in control yet seem to be the ones with their back up against a wall. Go figure. If Republicans take mid terms and pass SAFE with zero social equity included how is that going to look with Schumer and company grandstanding and getting nothing done this whole time?

Mentions:#SAFE

Waste of time basically. Just pass SAFE and then address the pc fantasy.

Mentions:#SAFE

When $SAFE loses 6% in a day and you know it will take a bare minimum of 2 weeks for it to recover as it's the misunderstood child of the real estate sector. ![gif](emote|free_emotes_pack|rage) I would say SAFE is one of the best stocks to have during rising interest rates.

Mentions:#SAFE

> How in the hell does it help a tiny business more than a Trulieve who is generating MILLIONS of dollars EACH quarter? How is this even a question. A company as well funded as Trulieve that has access to tons of capital stands to gain far more with SAFE than a small business that has no access to said capital funding.

Mentions:#SAFE

I really like Trulieve, Green thumb and Verano. Columbia care looks enticing but you are baking on NY rec going well for them as their performance hasn’t been dominant like the ones mentioned. Also if SAFE and 280E are strung out the cash flow positive companies will be the ones who have a huge advantage. (I also own a little bit of Columbia care and Cresco)

Mentions:#SAFE

So I absolutely get what the author is saying and I believe it is valid - that safe will help MSOs way more than the small business and only create a larger gap between the two. But in my humble opinion, doesn't prolonging SAFE (or any legislative reform) also do the same thing? While nothing gets done the big MSOs will go to the private sector, get their hundred million dollar loans at 8-10% and continue their expansion. Does that not widen the spread? I also agree that SAFE won't allow small business to get commercial loans as they still won't fall within the bank's lending criteria and only the MSOs will get commercial loans. But I bet there would be a massive help for the small business to get merchant services, lower banking fees, online banking with better reporting and overall access to better banking products. SAFE would still help out both the little guys and big guys. It seems people are trying to put a square peg in a round hole buy helping the small guys without giving the big guys added help they don't really need. This will be very hard to do without actually going out of your way to hold MSOs back (and if they do I'm sure the MSOs will fight it with lawsuits saying it is unconstitutional). In my humble opinion (which is very humble and slightly uninformed) why not think outside the box. If politicians want to support communities negatively affected by the war on drugs then go out of your way to help them by giving more to them. A quick example: pick a bunch of charities that help the communities you want to help, award all future cannabis licenses/permits to the charities, then make the MSOs/private sector buy them from the charities in an auction format. This way millions of dollars will go to charities that can put the capital to work. This is an idea that I conjured up in about 30 seconds so I'm sure it is not feasible but I'm sure much smarter people making these decisions could come up with solutions rather than not doing anything because it doesn't create an absolute perfect system that checks all the boxes they want to check. Problem is they will wait until the last minute and slap something together just to get it done and it will end up being what they tried to avoid this whole time.

Mentions:#SAFE

No, no, no, see. China would never lie. They don’t have Covid deaths, it’s America who lies with fake news deaths!!!! My dna is SAFE from evil vaccine. Thank you.

Mentions:#SAFE

wait ...In order to get the reform done He would need 60 votes, or at least 12 republicans to vote for it ? Seems harder than SAFE+ or any other reform

Mentions:#SAFE

Alrwady answered a bit below, but to summary the senate filibuster is a rule that can be put into play requiring 60/100 senate votes to pass a bill. The republicans are filibustering every bill the democrats put into the senate. Removal would give the democrat 50+1 majority the power to pass legislation without any republican support, as the tie breaker would be from the VP (Harris). Very few bills are immune to the filibuster, one of them being the NDAA that almost had SAFE squeeked into it. No cannabis bill on its own would be immune to the filibuster, so removal would be huge for a cannabis bill as long as all democrats agree on it.

Mentions:#SAFE

Yeah that's a legit question. I think the most popular is to reschedule federally and leave the actual process of legalization up to each individual state. A SAFE and MORE hybrid act. Of course tax revenue at the federal level will be a major part of the equation. But then again I'm not American so what do I know?

Mentions:#SAFE

STAR is gold. Pure gold. Owns 2/3 of SAFE. STAR should be $40-60 just based on fair market value of its shares in SAFE.

Mentions:#STAR#SAFE

Technicals says short term will be more pain. Biden is an old dog who spent his entire career waging a war on drug. He’s not going to change his tune and so we won’t see a possible passage until late 2022 or 2023 or not until the GOP does something. SAFE is still stuck in limbo if you ask me. The only way SAFE comes out of limbo is if SAFE becomes an election issue. Right now 68% agree MJ should be legalize. The question is will people vote against the DFL if they don’t legalize? If they will, the Biden has no choice but to pass it in late 2022 or face opposition in 2023. Cannabis could cause the DFL to lose the election in 2024 if they don’t legalize it, IMhO. In addition, many cannabis overspent in 2020 and 2021 in acquisition and capacity. Some like HEXO face bankruptcy risk with too much debt. If interest rate goes up, many of the weaker stocks will go belly up. So watch interest rate closed and debt. The only positive Canadian weed stock in 2021 is OGI. They have little debt, and big partnership with Big tobacco via British American Tobacco.

The article notes that there is no specific law that is preventing the major exchanges from allowing cannabis companies to uplist. It further notes that SAFE doesn’t include specific language that permits this. If the exchanges are self regulating, uplisting isn’t a lost cause if specific language isn’t added into SAFE. Exchanges may certainly feel comfortable enough seeing depository institutions being given protection and change their own rules. I want to make this specific point: Uplisting is THE catalyst. This is what will open up the United States market to LP’s, to major fund investment, to allow broad retail investment, etc. Uplisting will “corporately legalize” cannabis. That is what triggers the next major sector bull, will trigger major M&A activity, etc.

Mentions:#SAFE

The one issue is we see barely institutional investment, so we do need SAFE to pass... when that happens floodgates open.

Mentions:#SAFE

Last day of the year! Pulled the trigger on an ITM MSOS leap and some more Columbia Care to bring my average down below three bucks today. Can't wait to watch these leaps run on the back of banking/uplisting news. I think we'll see them start talking about it as 4/20 gets closer. HNY y'all! Stay SAFE out there.

Mentions:#MSOS#SAFE

Pick 1 or pick all 5 but we should all be limited to these they’re SAFE. No debt issues, no China crap. Everything ends up being pumped and dumped otherwise with nothing holding gains. All 5 of these can moon.

Mentions:#SAFE

Schumer worked so hard to ensure No SAFE can be passed.

Mentions:#SAFE

No it is not. They are playing politics to their best advantage. The pols think it helps them keep it illegal with older voters and the big businesses that donate to their campaigns. So you are the one supporting multi billion dollar corporations not SAFE supporters. I support President Biden giving pardons and descheduling cannabis. Yet he has failed to do that. At the same time SAFE has the votes to pass with the exception of Sooner and Blocker so I am calling them out as well. Finally I do realize that it is also the shitty Republican Party that is holding back legalization as well. TLDR Anyone who doesn’t support every reform for cannabis is a massive piece of shit.

Mentions:#SAFE

The Tier 1 operators are doing fine without SAFE. The smaller operators and employees in cannabis are the ones that would benefit the most from its passing.

Mentions:#SAFE

His bill won't pass. He's just tweeting to his dumb fans that don't invest. SAFE is our hope.

Mentions:#SAFE

Chuck, it's about SAFE. Not your delusional bill.

Mentions:#SAFE

I had just did a Rail of Hopium off a strippers tit and was also convinced that the Dems wouldn’t be stupid enough to actually remove SAFE Banking from the NDAA. I mean , how could they take an action to actually block the only cannabis legislation that ever got close? Right??… Right………

Mentions:#SAFE

They have a similar bear case to IIPR with SAFE but I am honestly not too worried about that because even with cheaper debt available, Investment banks will not be able or be willing to lend out to just any company. This is why I like the fact that much of the management comes from the BDC world where much of the investments go out to these smaller companies. Margin would still compress though as many of the investments from BDCs tend to be L+500 - L+800 unless the company is super distressed where you can see insane coupons like L+1200 (Similar to Cannabis lending rates now). I'm going to repost my response to someone in an AFCG thread here a few weeks ago. This is not DD, just a high level overview of what I found when reading more about their management. > I have been adding for a bit now trying to get it up to 5% of my cannabis portfolio, hoping for another story like IIPR. Management/board has many from the BDC world (Fifth St, Ares etc) so they should have good experience lending/investing into small/micro caps. >Founder married HR/IR from Fifth Street who is now the head of origination/IR at AFCG. This could be viewed as a red flag/nepotism to some but I personally don't care. >Over half their current market cap in funded/unfunded commitments was made this Q. Current div yield is around 2.5% which is similar to IIPR. >They have an IG rating from Egan which if reiterated by other firms will give them continued access to cheap debt which they can use to make money in the high coupon Cannabis sector. I will be keeping an eye on how they use this debt as I want to see it going mostly towards growth rather than management fees/compensation.

Anybody have thoughts on AFCG? I have looked a little but can't find a whole lot and I'm not too knowledgeable able reits. I know they will probably be disrupted by SAFE when it does eventually happen. I know they work with Verano, Cura, and Tera. So atleast they have some bigger clients.

Mentions:#AFCG#SAFE

Same here. I think consumables will be huge. But if SAFE passes, or better yet, federal legalization, why wouldn’t COCA COLA get into the consumables market. How are these companies going to keep gaining market share if the big players start joining. Didn’t phizer just pay 700 million cash for a cannabis company.

Mentions:#SAFE

SAFE would be the law that passed, but nobody really noticed. It wouldn't legalize. It wouldn't allow uplisting. At. All. It wouldn't remove high-surcharge ATM or POS machines from dispensaries. It would allow dispensaries to use credit cards and have bank acoounts. It would allow for dispensaries and companies to get loans and finances at the same rates as any other federally-illegal business could get.

Mentions:#SAFE

It's a sector that is extremely vulnerable to speculation, shorting, and manipulation. It's also a sector that is stuck in legal limbo (SAFE, legalization, etc.). It's only a matter of time before a lot of those factors change. If you're willing to go VERY long (years) then it will be very profitable. Until then, it will be tough.

Mentions:#SAFE

I think LPs will rocket first just because they are what retail knows about and they have immediate access to fomo into. Before legalization is official on a specific day and up-listings happen then or shortly after no? If you recall in 2018, TLRY broiled up to an insane valuation and then began tanking right after legalization oct 18th 2018. Plus the shorts that could be caught off guard are certainly a factor. And no not darkpool, naked shorts, etc. 10% interest is enough to cause a squeeze with sudden news. You could say but what if SAFE passes first? I would argue that Dems now want comprehensive reform instead of just passing SAFE, they had the chance to pass it and didn't.

Mentions:#TLRY#SAFE

Tilray or another, Cannabis stocks are poised to grow big in 2022. Looks at all what is happened or is happening in the last few months: 1. With Biden's BBB all but dead Democrats need to do more to convince voters to keep them in power in both the midterms and the next presidential election. With Biden's [tanking poll numbers](https://www.politico.com/news/2021/12/01/joe-biden-young-voter-problem-523588) marijuana policy would be a good place to start appealing to young voters. 2. [Marijuana industry expected to add $92 billion to US economy in 2021](https://mjbizdaily.com/marijuana-industry-expected-to-add-92-billion-to-us-economy-in-2021/) 3. [New Jersey recreational marijuana implementation law signed, setting stage for $1 billion market](https://mjbizdaily.com/new-jersey-governor-signs-recreational-marijuana-law/) 4. [Wisconsin Governor Grants Marijuana And Drug-Related Pardons, Setting State Clemency Record](https://www.marijuanamoment.net/wisconsin-governor-grants-marijuana-and-drug-related-pardons-setting-state-clemency-record/) 5. [New Hampshire Lawmakers File Multiple Marijuana Legalization Bills Ahead Of 2022 Session](https://www.marijuanamoment.net/new-hampshire-lawmakers-file-multiple-marijuana-legalization-bills-ahead-of-2022-session/) 6. [Congressional Memo Touts Marijuana Momentum In 2021 And Lays Out 2022 Reform Priorities](https://www.marijuanamoment.net/congressional-memo-touts-marijuana-momentum-in-2021-and-lays-out-2022-reform-priorities/) 7. [Medical marijuana bill could be back on track in N.C. legislature next year](https://spectrumlocalnews.com/nc/charlotte/politics/2021/12/21/medical-marijuana-bill-could-be-back-on-track-in-n-c--legislature-next-year) 8. [Iowa senators want to legalize marijuana in state constitution](https://iowacapitaldispatch.com/2021/12/21/iowa-senators-want-to-legalize-marijuana-in-state-constitution/) 9. [Arkansas Campaign underway for marijuana legalization](https://arktimes.com/news/cannabiz/2021/12/01/campaign-underway-for-marijuana-legalization) 10. [Coalition working to make recreational marijuana legal across Missouri](https://fox4kc.com/news/coalition-working-to-make-recreational-marijuana-legal-across-missouri/) 11. [Rhode Island Marijuana Legalization Bill Will Be Ready In Early 2022](https://www.marijuanamoment.net/rhode-island-marijuana-legalization-bill-will-be-ready-in-early-2022-top-lawmaker-says/) 12. [Missouri could be the next state to legalize marijuana as 2022 signature campaign kicks off](https://www.news-leader.com/story/news/local/missouri/2021/12/06/missouri-could-be-next-state-legalize-marijuana-2022-signature-campaign-begins/8837092002/) 13. [Montana Producers Prepare for Recreational Marijuana Jan. 1](https://www.usnews.com/news/best-states/montana/articles/2021-12-27/montana-producers-prepare-for-recreational-marijuana-jan-1) 14. [Ohio Senate passes bill expanding medical marijuana](https://www.cleveland.com/news/2021/12/ohio-senate-passes-bill-expanding-medical-marijuana-to-any-patient-whose-symptoms-may-reasonably-be-relieved-by-drug.html) 15. [GOP Congressman And AOC Team Up On Marijuana Bill To Incentivize State-Level Expungements](https://progressivepartyusa.com/progressive-news/gop-congressman-and-aoc-team-up-on-marijuana-bill-to-incentivize-state-level-expungements-2/) 16. [4 High-Growth Trends You'll Want to Invest in for 2022](https://www.nasdaq.com/articles/4-high-growth-trends-youll-want-to-invest-in-for-2022) 17. [Kentucky lawmaker wants to decriminalize marijuana, tax it to generate state revenue and let voters decide](https://www.whas11.com/article/news/kentucky/bill-kentucky-deciminalize-legalize-marijuana-nima-kulkarni-prefiled/417-016744b7-da5c-4128-b143-2018cac3e8a9) 18. [https://www.kiplinger.com/investing/stocks/marijuana-stocks/603914/investing-in-cannabis-3-top-trends-for-2022](https://www.kiplinger.com/investing/stocks/marijuana-stocks/603914/investing-in-cannabis-3-top-trends-for-2022) 19. [St. Louis Mayor Signs Cannabis Decriminalization Measure](https://hightimes.com/news/st-louis-mayor-signs-cannabis-decriminalization-measure/) Given the states that have already legalized Marijuana in [some form or the other](https://www.oberk.com/marijuanalawsbystate). And the push from many other states to do the same, the bipartisan support for multiple marijuana legalization bills in congress, I feel we are almost there with some form of legalization at federal level, which may or may not include equity provisions for communities severely impacted due to harsh marijuana laws across the years, and with provisions for SAFE banking also in place. Any Cannabis stocks which are primed to take advantage of such legalization will definitely be my 2022 investment pick. With Tilray's latest acquisitions of Breckenridge distillery, Sweetwater and then Green Flash and Alpine breweries, I feel it is ready for revenue making in many new states with or without the federal level Marijuana legalization.

Mentions:#SAFE

I personally think buying TLRY or any LP for US legalization is an illogical move. But I remember during the CGC/Acreage deal one of the company reps was saying that they believed SAFE would allow them entry without full federal legalization. Having said that, IMO TLRY and others aren't going to be able to afford much of anything in the way of US assets and what they do have lined will not go very far compared to the MSOs already operating in the space. I just don't get why anyone would invest in an LP for US legalization.

Of course. People don’t even know if SAFE will allow the US companies to uplist let alone allow companies in another country to come in and sell product.