SAFE

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)

Many_Easy

Aren’t they lobbying for different things? Always thought SAFE, not S3, was Murphy’s thing.

GeoLogic23

The Democrats in Congress? What power do they have over the Executive Branch drug scheduling review? Congress can't do anything without 60 votes in the Senate. Dems can't get the GOP on board with SAFE let alone rescheduling cannabis. The Executive Branch only has the power to start the review, which forces it to go through the HHS and DEA. So you could actually say that Democrats realized the GOP were stalling any Legislative Branch reform, so they forced the issue through the Executive Branch. It's a worse way to get it done because it has to go through the DEA, but it's the only mechanism they had available to force the issue.

Many_Easy

You are patently incorrect. I’ll start with HHS scheduling review, SAFE options under his presidency, and ~no opposition from Democrats. Compare to current POTUS and history of GOP. Draw a t-account - Dems on left. GOP on right. Results will overwhelmingly show Democrats more favorable. **That is beyond dispute.** Also, Biden is not POTUS, Trump is.

King_Tyler

$OPEN IS THE SAFE HAVEN! (Kidding, I’m not regarded)

200cents

The Fox Business episode set the narrative for descheduling and SAFE banking. Its coming ... positive message.

GeoLogic23

There are definitely significantly different regulations for beer when compared to liquor though. Some high dose liquor like Everclear is even banned in many states due to health risks from the concentrated dose. Seems like a fairly good comparison to the GOP complaining about high dose cannabis to me. I absolutely agree that high dose should just mean you take less. But just like with Everclear, it's about how people are actually using the product. The GOP even already tried to change the language in SAFE to apply to only low THC products (<2%) so there is even precedent for them trying to legislate low dose hemp while leaving high dose cannabis where it is.

MRCATGVA

Plot twist : - Trump reschedule to III in the next couple of weeks - DOJ memo / executive order to update FinCEN or ask Congress to work on SAFE asap - New carrot dangling : Ask Mike Johnson and John Thune to work on Descheduling

UsedState7381

If those ALJ hearings were to continue, the process would be over by now and the crooked DEA would keep the plant under schedule 1, several of tier 2s and 3s would have gone under bankruptcy/receivership or on its way there, MSOX would have shutdown already, MSOS would reverse split and then would continue to lose value for the next 3 years. Retail and institutional interest on publicly traded cannabis companies would have ceased to exist until the next round of SAFE banking or legalization hopium on the next elections. It would have been a bad ending for us, no questions about it.

BigHairyDingo

"it seems like a very safe long term option." Semis are highly cyclical. Investing at ATH during a bull run is NOT A SAFE LONG TERM OPTION.

Big-Sand5360

Started in 2020 (during Covid) with $25k > 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. > Long-term HOLD $TSLA ✊️💪🚀⏳️ > Short-term TRADE $TSLL 👍🏧💰 I'm taking it easy and slow now Account = $1M+ > Making $4k+ per week is very consistent. Mix of TSLA & TSLL (Puts / Call) 2025, started a Dividend Portfolio. EVERYTHING gain from Option Income is rolled into QQQI + SPYI ETF In the future, my family will get income and everything paid without any knowledge about the stock market.

Matt2_ASC

Canada is selling oil to China now. They are negotiating with non-US trade partners just fine. The've also gotten into EU defense industry investments, "Unveiled earlier this year, the ReArm Europe Plan/Readiness 2030 is the European Commission’s plan to boost defence funding in Europe, including through Security Action for Europe (SAFE) loans. This initiative provides up to €150 billion in loans to EU Member States, members of the EU single market, and Ukraine to support defence investments, with a focus on joint procurement projects." I think Canada's strategy is to trash this US administration. Might take some time, but they are making moves.

ApostleThirteen

SAFE had faults that would have (potentially) allowed money laundering by terrorist groups (cartels, org. crime, foreign hostile govts) to easily launder money through cannabis grows and retail networks. ANY patriotic American would have shot it down on that possibility alone. I'm sorry if you just didn't get the memo, and put your own greed above the safety of our nation and citizens. They NEVER fixed the possible loopholes...

Many_Easy

According to some of the MAGA denialists, it was the social equity piece or fact that vote wasn’t brought to floor in December 2022. Even if social equity was removed or it was brought to a vote, I’d bet my life that GOP would have still blocked SAFE in 2022. The funny thing is that it’s 2025 under a new administration with total control and some Trump loyalists are still bringing up Biden and Obama. **Newsflash - Trump is POTUS now and Democrats won’t oppose federal and other pro-cannabis reforms.** So far, all talk by POTUS and republicans.

ApostleThirteen

As I recall, the House NEVER had enough votes to pass SAFE, and if they had put it to a vote and failed, they would have had to wait at least another year to put it up.

volckerwasright

As I recall it was not a Republican who "laid himself down" in order to prevent SAFE Banking.

Finneagan

Keep Willie Nelson SAFE!!!!

Many_Easy

HHS review was an accomplishment. Almost SAFE save GOP interference. Liberal party didn’t oppose in states like Florida and Virginia. Etc.

Many_Easy

Untrue and you know it. HHS review put in process by former President. Also, GOP opposed SAFE in 2022.

Infamous_Ad8730

SAFE fund like SGOV. Very short term US bond etf paying 4.5% or so and out/in in seconds.

BarryMihupinner

I made like $120 on the OPEN PnD. Marked SAFE

_FIRECRACKER_JINX

Record is 2 wins and 22 losses. Looks like my TSLZ Puts are SAFE, bois... THAT.... was close. https://preview.redd.it/q669nn8105ef1.png?width=2045&format=png&auto=webp&s=677556a195458c3427a2052fb671a7dd75fd0f20

heliumbox

I'm going to remain extremely skeptical until something official is said. We've been burned far to many times by influencers "90% chance SAFE" for me to believe a word of it until it comes from someone who matters.

GeoLogic23

[The Distilled Spirits Council of the United States](https://en.wikipedia.org/wiki/Distilled_Spirits_Council_of_the_United_States) is an organization that represents about 70% of liquor brands in the country. They lobby with their in-house team, where they spend almost $1M every quarter. They also use a smaller firm called Alpine Group Partners. [Alpine Group just added hemp](https://lda.senate.gov/filings/public/filing/45958e67-86fa-4ffe-b551-f098cc86d39c/print/) to their disclosure for the first time ever. >Policies impacting treatment of hemp derived products They had listed "Cannabis and regulatory issues" on their primary in-house disclosure every quarter since 2021. And they had lobbied regarding SAFE and MORE with Alpine Group for 2 quarters back in 2022. But the Distilled Spirits Council had never used the word "hemp" until this quarter with Alpine Group. Alpine Group is strongly connected to the cannabis advocacy group CPEAR, which is the group run by big tobacco and big alcohol ([Constellation, Altria, Molson, BAT](https://www.cpear.org/who-we-are/)). They use the lobbying firm of co-chair Tom Daschle, but the other [co-chair of CPEAR is with Alpine Group](https://pphcompany.com/greg-walden-and-alpine-group-form-alpine-advisors/).

DowntownWpg

I was listening to Gretchen on TDR. She was part of the VFF delegation that went to the White House. She indicated that rescheduling is likely to occur before congressional reform like SAFE. It was also indicated the Trump administration was investigating going around AOJ and DEA proceedings to get it done specifically. Again, just a fun theory not financial advice.

Gambelero

You do understand that Congress passing an Act and the president signing it is how laws are made in the U.S. We went through the administrative approach to rescheduling because Congress never was going to do anything--even something simple and widely supported by key business groups like SAFE (banking) never made it through Congress.

GeoLogic23

Not sure. They still lobby for the Farm Bill, and i still think SAFE ends up in there. So maybe they are still pushing for SAFE but as part of a broader topic. Or as you say they could just believe they know its outcome, whether good or bad. They also just registered a new lobbyist. One of their lobbyists Tiber Creek just formed a brand new group called B Hall Stategies. All the pharma companies that lobbied with Tiber Creek including Jazz registered with this new lobbyist on the first day of 2025Q2. So i am watching if this new pharma lobbying cohort is where SAFE will resurface in Jazz's disclosures. As of right now they have only filled the registration from 4/1/2025 but not the actual lobbying disclosure. https://lda.senate.gov/filings/public/filing/25ea1120-03b3-4117-afaa-c8fb38935f94/print/

GeoLogic23

Then you have companies like Jazz Pharma who have been lobbying to keep cannabis derivatives as pharma products. They have a particular focus on CBD, as they own Epidiolex (CBD for epilepsy). Jazz drops well over half a million in lobbying every quarter. Last quarter they lobbied for SAFER Banking. https://lda.senate.gov/filings/public/filing/968843ea-7566-478c-868e-41d32d5dcf83/print/ They lobbied for SAFE Banking every quarter since 2021. Until their most recent filing from 2025Q1 where SAFE is no longer listed. https://lda.senate.gov/filings/public/filing/d44f7a87-a42f-457c-8c6c-aea1154a264f/print/

BrokenAdventures

I do. However, P/E ratio is still a valuable metric, especially when comparing similar companies within an industry as well as over/under valuation. A company is generally considered undervalued when trading at or below revenue when there is consistent growth (of any kind), solid balance sheets, and lack of overly concerning externals forces. Yes, the current government could provide negative external forces, but again looking at the number of states where it's legalized, and broad bi-partisan support, major bad news seems unlikely. You are correct on those companies trading below revenue prior to bankruptcy. But as I mentioned, you also look at balance sheets and growth (YoY and Quarterly). The state (texas) passing medical, and the governor not vetoing, \*does\* count for something. The state (Florida) supporting medical, even if he doesn't support rec, counts for something. I'm not saying full legalization or rec is coming. I'm saying the likelihood of backtracking from where we currently are, is unlikely. S3 + SAFE is, IMO, a safebet.

Narradisall

Yeah I’ve been hearing about SAFE and rescheduling since the 2020 pump and here we are 5 years later and nothing. Maybe it’ll happen one day but I’ll be surprised when it actually does.

DeweyCheatemHoweLLP

If you're going for a SAFE banking play, it would probably make more sense to invest in the largest US MSO's (eg: green thumb, trulieve, curaleaf, verano, cresco). Tilray isn't US focused, and Planet 13 is more of a Vegas play.

GeoLogic23

This kind of demonstrates my point... You know I'm one of the few people saying reforms are still coming, right? I talk about the Farm Bill quite a lot, and how it has to deal with the federal legality of THC. And i have said for literally years that my prediction is SAFE Banking would go in the Farm Bill. If you actually engaged with people you'd know what my beliefs really are. But you seem to have created a fictional version of me in your mind based on my political views. I wonder what sort of response i will get here. A polite engagement about the how we think the future of the cannabis industry is playing out? I am guessing probably not.

immunityfromyou

Schedule 2 with SAFE banking is a compromise

immunityfromyou

Feels like there’s enough bipartisan support for S3 and even some solid descheduling advocates. I’m predicting there’s a compromise that’s going to be ironed out. Might be just SAFE or schedule 2.

Many_Easy

My take as well. People saying POTUS made reform promises are **either extremely ignorant and/or are part of the cult of personality.** Would be nice if something happened soon, but I expect zero from current administration regarding S3 and anything that really helps with federal recreational cannabis. Biden started the rescheduling process, GOP essentially blocked SAFE in 2022, Trump signed intoxicating hemp Farm Bill in 2018, Cole Memo cancellation was during his first term - essentially Trump would just unwind the prior damage he caused to the industry and not oppose S3 at best. Also, he let Youngkin and DeSantis oppose legal cannabis in Virginia and Florida, respectively. Trump could have easily called and pressured them like he does everyone else, but did not.

Master-Ebb9786

This is comforting. Thank you.  I SWEAR! AFTER THIS! I'M GOING BACK TO PLAYING IT SAFE! I SWEAR!

UsedState7381

Well, he was also ringing the alarms about SAFE banking and that ended up going nowhere, no?

RealEstateWindsor

The child labor claims is up for debate. The hiring of illegal immigrants is most definitely real. Although this is common in a lot of farming and mostly temporary work. The silver lining I see in this is this can be solved with banking reforms/SAFE banking. If a company is forced to operate in cash it will pay cash to employees without a bank account. The heads in power have a great opportunity in front of them to never let a crisis go to waste right now.