Reddit Posts
Best single trade yet (CRWD leap) and Goog calls. But wait theres more! Weed's being rescheduled bois (in with ~50k) $MSOX
$TLRY $MSOS BREAKING: Feds Release Marijuana Documents, Confirming Schedule III Recommendation Based On ‘Accepted Medical Use’
MSOX 2x ETF - Long Term Hold (12 mos) Without a Clue. Advice?
Congressman Ed Perlmutter & The SAFE Banking Act
LP Performance Highlights from the Legislative Review of the Canadian Cannabis Act
RAADR Retains K & J Growth Hackers, an Award-Winning App Launch Firm to Market and Grow Its User Base for Its Anti-Bullying Social Media App and Platform
SAFE Banking Act vs. SAFER Banking Act - What's the Difference for the Marijuana Industry?
4 years ago Patrick McHenry opposed the SAFE Banking Act. But that changes (maybe) if there is a down-scheduling of marijuana from 1 to 3.
4 Years Ago, Republican Patrick McHenry (who is now Speaker of the House), spoke on his opposition to the SAFE Banking Act. It mainly centered on down-scheduling marijuana from Schedule 1 to Schedule 3....Bullish? I think so.
The SAFE banking act saga (with Senator Cory Gardner and Rob Sechrist of Pelorus Equity)
UPDATE 27Sep2023 - SAFE/SAFER Actionable Progress through Congress (118th Congress - Session 1)
The biggest breakthrough on cannabis legislation that Capitol Hill has seen in years could be happening this week. @natsfert will interview Sen Kevin Cramer live ahead of Wednesday's markup of the bipartisan SAFE Banking Act
$MSOS - "Marijuana SAFE Banking Bill Will Pass ‘Decisively’ Senate Committee Chair Sherrod Brown Says" (September 27th) 🚀🌕💎🖐🐵
Cannabis Stocks to Benefit from Impending USA Legislation
$MSOS YOLO Update. Doubled my position to $2.3M.
Interview With NORML's Political Director Morgan Fox - Rescheduling, SAFE Banking, & More
Senator Sherrod Brown: SAFE will pass Committee with Decisive Votes
Which cannabis stocks and why would benefit the most from SAFE passing & schez 3 downgrade?
$MSOS $TLRY SAFE BANKING: "following weeks of negotiations, senators have finally reached a deal."
Scoop: here is the text of the SAFE Banking Act.
U.S. Senate votes on SAFE Banking Act on September 27, 2023, allowing the Cannabis Industry to enter the Banking System.
Breaking News: Bipartisan Lawmakers Find ‘Sweet Spot’ For Marijuana Banking Bill, With Section Favored By GOP Kept ‘Intact’ For Committee Vote Next Week
$MSOS - "New Federal Data Shows Record Number Of Banks Working With Marijuana Businesses As Senate Schedules Vote On SAFE Banking Bill" 🏦💵
UPDATE 15Sep2023 - SAFE Actionable Progress through Congress (118th Congress - Session 1)
New here and this is a longshot but ive put it all on CGC, am i crazy?
Expect a 12-18 month rally for the cannabis sector. Leafly might be the 25-50x gainer you have dreamed of.
Senate Vote for SAFE Banking Scheduled on 09/27 MSOS MSOX
How to make a cannabis cocktail (with no weed)
White House Promotes Biden's Marijuana Moves As Part Of 'Fight For Our Freedom' Campaign To 'Mobilize Young People' - Marijuana Moment
What are the best American cannabis companies to buy?
NBC News: Republicans soften on federal marijuana reform in a shift that could make it a reality
The SAFE Banking Act, a bill that would give legal weed business access to banking services, set to have a long-awaited hearing THIS month
SAFE Banking Getting a Markup Week of Sept 25th CONFIRMED
The SAFE Banking Act, a bill that would give legal weed business access to banking services, set to have a long-awaited hearing THIS month
Cannabis Investment - MSO vs Canadian
CRESCO, COLUMBIA CARE, CURALEAF WILL ENTER New York ADULT USE MARKET
Sequence of events for weed stocks (given all the upcoming catalysts)
CRESCO UP 150%, Columbia Care UP 400% SINCE AUGUST 30
CRESCO UP 150%, COLUMBIA ARE UP 400% SINCE AUGUST 30
COLUMBIA CARE UP 400%, CRESCO UP 150% SINCE AUGUST 30 - MASSIVE SHORT SQUEEZE COMING
MARIJUANA STOCKS UP 100% TO 400% SINCE AUGUST 30
SAFE Banking Act’s Odds May Have Just Increased
DON'T MISS YOUR #FREE DAILY STOCK BRIEFING on Investors Hub! https://investorshub.advfn.com/?imd=180036
Epazz Holdings: ZenaDrone Did a Major Presentation With the US Department of Homeland Security Last Week
UPCOMING CATALYSTS THAT MAY PUSH MARIJUANA STOCKS MUCH HIGHER
Marijuana Banking Bill Talks Were ‘Very Productive’ Over Recess, As Key Chairman Predicts ‘Imminent’ Agreement
Leafly (LFLY) | Deep Value Gem with Major Regulatory Catalysts
Schumer Says Senate Will Be 'Making Progress' On Marijuana Banking In Floor Speech On Legislative Priorities - Marijuana Moment
Sequence of events (given all the upcoming catalysts)
TL;DR = SAFE Banking Act is social justice - "Safe Banking Act offers hope for diverse ownership in Illinois' booming cannabis industry" - Fox Business
Will Senator Sherrod Brown (Chairman of the Senate Banking Committee + Senator of Ohio) bring SAFE Banking to a vote in September? - "A Majority Of Ohio Voters—Including Most Republicans—Support Marijuana Legalization Initiative On November Ballot, New Survey Finds"
What are we expecting from a possible Schedule III move?
USA Cannabis stocks are about to LIGHT UP - $MSOS (USA Cannabis ETF)🌿🔥 😎
USA Cannabis stocks are about to LIGHT UP - $MSOS (USA Cannabis ETF)🌿🔥 😎
US MSOs Stock Prices at All time lows
GEVI penny stock, seems like a great investment?
Self-directed IRA for investing or lending to (my) C-corp
Marijuana industry spends millions lobbying as shutdown threatens SAFE Banking
Sen. Chris Van Hollen (D-MD) says lawmakers are "working to resolve some final issues" before they can vote on SAFE in committee.
🚀 Two-Pronged Attack to Glory: Shorting the Ugly or Riding the Green Wave – Choose Your Path to Tendie Town 🌿🔥
SAFE Banking lifts the institutional barriers to front running of re/descheduling.
Email to Ohio workers union - re: Sen. Sherrod Brown on SAFE
SAFE Banking Now Filibuster Proof; More Republican Support
SAFE Banking Markup Vote DOA Before Summer Recess As Section 10 Conflict Remains Unresolved
SAFE Banking Markup Vote DOA Before Summer Recess As Section 10 Conflict Remains Unresolved
The House SAFE Banking bill just got its first GOP cosponsor since May. It now has 47 Democrats and 18 Republicans (including lead sponsor Rep. Dave Joyce) signed on.
Epazz CryObo From Ripple Court Decision; to Issue NFT Tokens for Crop Production With ZenaDrone 1000 Aerial Data Technology Integration
SAFE co-sponsors in the House now at 62
SAFE Banking Backed by At Least 9 GOP Senators; Bill Lies Largely in Democrats’ Court
How the SAFE Banking Act Affects the Emerging and Rapidly
SAFE Banking has Confirmed Support of 9 Republican Senators to Overcome Filibuster
Susan Collins is now a co-sponsor of SAFE. This is good!
Senate GOP Marijuana Banking Sponsor And Key Chairman At Odds Over Next Steps For SAFE Banking Bill
Republican Senator Eric Schmitt Supports SAFE Banking Act
Schumer’s upcoming Senate agenda includes SAFE Banking
Mentions
Pleasantly surprised by Mike Johnson’s willingness to work with the folks across the aisle. I dare say it does bode well for SAFE. Cautiously optimistic
Remember there are lobbyists and cannabis payment processing companies and banks opposing us every step of the way with SAFE(R) and S3. We’ll win eventually and get the safety and reclassification we deserve.
Tough question. At the very least we should see some separation of industrial/cannabinoid hemp, so industrial hemp makers don't need to do as much testing. I still think SAFE ends up in the Farm Bill. It makes sense, as it deals a lot with hemp. I hope they get some other changes they want like increasing hemp THC content to 1% instead of 0.3%. And the bills to allow CBD in foods/beverages/dietary supplements would be huge if they get that put in there and pass it. Those are tougher to get passed though. I think the DEA will fix the Delta 8 loophole soon, because it is synthetically converted from CBD. I don't think the Delta 9 loophole will be fixed, because that would require Congress to take away an industry. Beverages with Delta 9 are a very fast growing category, even in Republican strongholds like Texas. Snoop partnered with a Texas company to release his Delta 9 beverage, and they are even being supported by Total Wine & More with national distribution starting on 4/20. [https://mjbizdaily.com/us-liquor-retail-chain-to-deliver-thc-drinks-nationwide-for-4-20/](https://mjbizdaily.com/us-liquor-retail-chain-to-deliver-thc-drinks-nationwide-for-4-20/)
Compare the percentage loss to single stocks and you'll see why IT IS SAFE.
Yay! We got a new Cosponsor for SAFE. At 114 now. [Rep. Obernolte, Jay \[R-CA-23\]](https://www.congress.gov/member/jay-obernolte/O000019) 04/18/2024
Maybe they are time it right before the SAFE banking vote to put pressure on them to pass that too.
Is it even SAFE to buy calls right now?
lol SAFE, DEA, S3, OLC, HHS all acronyms I am going to be scrawling in my own blood on the wall of my asylum cell
So OLC is now the the new DEA, S3, HHS, SAFE.. fully prepared to read those three letters the next weeks or even months. That emergency press conference was so cringe. A trustworthy person blabla.. well, how many time did we hear that in the last years? And then.. if we don't get anything we're fucked.. lol yeah seriously?! As always nobody knows shit. The day I can forget about all those capital letters, Schumer, Booker and all those crooks from Pablo to those Dan's, will be Christmas and birthday together.
My guess (totally a guess) is the move to allow a vote on the Ukraine aid signals the House might be willing to pass other legislation, including SAFE. It definitely signals that the right wing extremists are no longer running things.
Unless I missed something I believe they are still planning on lumping SAFE with the stable coin and or the FAA bill. The senate had that trial today so they didn't get anything meaningful done in the way of legislation. Although they probably wouldn't have anyway.
How many times has SAFE died now?
Didn’t have time to check today. But from what I see, takeaway for today is that SAFE is dead but however SchIII has progressed.
Must pass bills (this FAA bill and the annual defense authorization are usually very carefully negotiated—in detail. No amendments are allowed in the final version. The House, when it was controlled by democrats attached SAFE to a defense authorization, but it and the other 199 amendments were removed en mass. Pelosi, herself, had to come down to the floor and explain to Perlmutter and others why they had to allow the unamended version to go through.
What happens to MSOS if Sched 3 and SAFE drop same day?? Jupiter or would we reach the San-Ti via multiple nuclear explosions?
Anybody else 99% confident that Stable and SAFE never reach the floor of the house or senate as part of the FAA bill? Stable was introduced over a year ago.
My fear is that 4/20 comes and goes with no S3 or SAFE and then we plummet. People on margin will be forced to sell and the whole shit cycle starts over again. Dear Weed gods, throw us a line!
Total share number with dilution went up a smidge, so public shareholder % went down a tiny amount. I don’t think it’ll really matter in the scheme of things. As for the Equinix SAFE, I’m guessing that they just restructured it some different way, maybe with pre-merger Oklo options(?)
i didn't spend much time comparing, but i found that there's no longer an Equinix SAFE (simple agreement for future equity) and Oklo options increased in number. Here is the post-closing equity structure from the recent S-4A (amendment 5)... compare vs. what's in my original post. seems like maybe they just re-structured the deal with Equinix. https://preview.redd.it/6538myoxj0vc1.png?width=1060&format=png&auto=webp&s=089f0e0e10368865466beeefebe01c8b3bf8c7be
Canada fumbled the ball. Lets hope the US is smart enough to pick it up and run with it.....schedule 3 and SAFE to jump start the US industry.
There are a few OI and small volumes which is one reason the premiums are high. I would wait until closer to July and the redemption rate before making any other moves. I worked in the HPC business and I can confidently say power demand for compute will jump significantly in the coming years. Also listened to leaders from Duke Energy talk about demands from both electrification of cars and data centers, they're planning to expand capacity by huge amounts of GWh to meet demands. Cost is a factor, safety and carbon emissions are also major factors. Nuclear is coming back and new technology will make it far more cost effective and more importantly SAFE to adopt.
Sherrod Brown is up for re-election in a tough race. Very recently JD Vance was elected Senator from Ohio. JD Vance had worked for and was financially backed by Peter Thiel, who has financial interests in both of the industries that are attempting to be combined here. If anyone would be able to convince Brown to support this specific combination of bills, it would be him. The cannabis company Thiel is invested in (LeafLink) claims to process 50% of all US wholesale cannabis commerce. They have a lot of other big money behind them as well. Leaflink did lobby regarding SAFE for 2 years between 2021-2023, but has not lobbied for anything since that time.
Now we are back on SAFE hype. I can’t take the stress of these stocks anymore.
Do you have lots of other examples of things you'd consider authoritarian? That one trucker event is brought up as much in relation to Canadian politics as Corey Booker's "lay myself down" comments get brought up in relation to SAFE Banking. I'm not claiming to be an expert on Canadian politics, but the fact that everyone keeps using the same trucker event to make this point makes me lean towards thinking that event was probably an outlier in regards to policy.
Perlmutter is the reason SAFE is as far as it is. He was our rep here in Colorado and he actually gave a shit about SAFE. There was only so much he could do in his role.
Whatever, Perlmutter. I saw through your BS a while ago. https://www.reddit.com/r/weedstocks/s/667fomEtlP Who remembers when he was going to “go nuclear” if SAFE got blocked, then bailed without a whimper? Liars and thieves.
I like how even Rand Paul, who will say all kinds of stuff, still has to equivocate and say "**I think** there's enough Republicans with Democrats to get to 60 votes". The votes aren't there. They never have been. Republicans could end this years long argument we keep having with just a couple cosponsors. The argument is the point though. They understand most people don't know the filibuster rules. And by making the major argument seem to be about SAFE or no SAFE, they are limiting what we should even expect from Congress. It's like shifting the cannabis Overton window. Cannabis should be completely legal. Yet because of Republican obstruction many would consider a small banking regulation change as some historic win.
Idk why they can't just push for S3 now and campaign on full fed legalization + SAFE. Starting attractive policy initiatives early wouldn't hurt them. There's a long way to go after S3 if they want to put cannabis on the same level as alcohol/tobacco.
> I also watched Congressman Mast discussion on TDR saying unlikely this year. Apparently he was unaware of the difference between rescheduling and SAFE banking, so he was likely referring to SAFE being unlikely this year. These are our elected officials at work!
Well, we’re on year 11 of trying to pass SAFE. (Seriously!). Is anything a surprise anymore?
How can they make this announcement without knowing what restrictions may or may not be in place regarding US listing for plant touching companies? While I know there's wide anticipation of S3 or SAFE allowing uplisting, there has been little to no confirmation that the NASDAQ will allow this to happen. Is the expectation that the new structure will be allowable, or do they expect to be able to be grandfathered in, since they're already listed?
Lets not forget his donation page attached to SAFE.
At least the GOP is open about their views. Schumer has been dangling SAFE(R) for 4 years and only gets vocal with his "we're in discussions, SOON!" rhetoric when an election is close. I used to think he was a big advocate and actually trying, but he only uses canabis policy for political gain with absolutely no action behind his words. He is no better, they ALL need to be voted out for younger, more progressive people that can actually accomplish reform; not these geriatric corporate-puppets that only care about their hefty paycheck, incredible benefits, and donor handouts... that we pay for. If I did my job like any of these incompetent politicians, I'd be out of work in a week. "Don't worry boss, I'll do it SOON!"
Everyone said March was going to be bad, April good. Bottom line is even the people saying May and every other month are going to be this or that have no clue. Rescheduling is highly likely to happen, Ohio is coming, Florida ballot, dare I say SAFE.
Boris has proven repeatedly he doesn’t know anything. He’s literally been predicting SAFE for years now. Boris is basically if /advisor was a CEO.
Is The Stablecoin Bill popular? Does it have more support than SAFE? Could be good for us?
It’s just getting harder and harder to hold through the BS. Just endless false promises with zero follow up or accountability. I’m hanging in there until November, and if we’re still talking about a DEA announcement and SAFE being “any day now”, then I’m out of here. Opportunity cost has just been devastating over the past several years.
Every "SAFE already has the votes!" Assumption presumes 50 automatic dem votes. Warnock and Reed issues weren't even on the radar until rubber met pavement a few months ago. I think whether the votes are there is very much a work in progress. If Schumer brought it to the floor and it failed, SAFE would actually be dead.
It takes some Don Murphy level mental gymnastics to frame these Twitter comments as anything but unproductive and immature. These are multi billion dollar companies, and the people associated with them need to act like it. And you're obviously correct on point 2. We literally already had the alternative in power for years. They did not do a single thing with SAFE or any other cannabis legislation. They continued ignoring it even though the House passed out many times. Instead the only cannabis related thing they did was force through the 2018 Farm Bill that created the convoluted mess of an industry.
There aren't the GOP votes to pass SAFE. been asking for years. NAME THE 10+ GOP senators that are voting yes on SAFE. You should also know better that the Senate ML and a governership are completely different positions. And Desantis? who is actively working against the cannabis industry? really?
Having the anticipated catalysts materialize is the scary part. Just doesn’t seem to ever happen for us. (As year 11 of SAFE would confirm….). Oh, and in addition to Verano, I bought a shit ton of Ayr in the teens. I is a gud inveztur!
Sorry, but anyone who follows this sector (at least the US side) knows that we are 100% reliant on government action at this stage. We are absolutely not going on any type of bull run without S3 and/or SAFE. I hate it, it fucking sucks, and I feel permanently trapped in stock purgatory, but it is what it is. Either we get REAL action (not political babbling and rumors) and we take off, or we continue to get beaten down. I really don’t see any other scenario.
Hopefully excise tax comes through, and DEA can meet their pre 420 deadline from WH. Then we can all explode upwards together. Then right when we peak - and seems like were about to come down - SAFE banking passes and we explode ip another leg.
The price action of one day does not determine GTI is dependent on SAFE or S3 at all. This is a bad take. Green Thumb does not need capital markets and is buying back stock while Tilray is consistently diluting. If we want to talk about share price, Tilray's is concerning. They need regulatory reform much more than Green Thumb does. One has positive cash flow and one does not. Put aside the management of Tilray, which has been undeniably poor.
The price action today on GTI confirms its dependent on SAFE or S3. Remember the stock price is not an evaluation of a company's performance rather it's the perceived value everyone has of the company and it's been running on the assumption that soon is coming. Can't tell me it doesn't depend on catalyst coming true. Tilray has diluted for growth and admittedly some bad decisions, however this has allowed it to diversify to withstand regulatory indecision, even more so with Germany moving forward as a new market. I agree everything Steven said in regards to positioning and in the recent ER showed promising growth within those diversified segments. Our catalysts are next Tuesday, S3 equivalent to get us over profitability once and for all. If it fails, just extends timeline but Tilray benefits by other LPs becoming insolvent in waiting for tax changes. I've said this before as well, if CA does change tax regulations, what if Tilray kept prices the same knowing they'd choke out the competition who would try to rely on those extra savings while making moves in Germany/Europe? Win, over a longer time frame, but win win scenario even though day traders would bicker.
It’s only big if SAFE(r) is included and if it passes. That’s not a certainty or a lock. It’s just more smoke.
Tilray is a penny stock with a terrible performance. Why not TCNNF or a picks and shovels company? MSOS I can understand. Look at the underlying holdings (note: TCNNF which I own is 12% or so). Just understand the stock prices are heavily dependent on the regulatory/legislative landscape. If the DEA reschedules I believe we are in for a fun ride. SAFE is the other peice to watch. And for TCNNF - Florida's ballot for recreational because they are heavily FL weighted.
There was a huge hype phase, now the reality of the sector has set in. Only one company is diversified enough to last through delayed political change (in the US and Canada) and that's TLRY through distribution, alcohol, and food. There isn't a cannabis company out there that isn't dependent on SAFE, rescheduling, or some other shift that allows the industry be profitable; but, TLRY is the best positioned to stay afloat if anything stalls. Their current position in Germany plus the expansion of their alcohol and distribution businesses puts them profitable next year. Canadian reform would simply make them more profitable, faster. So, I stand by my investment. It might not spike in price like a few select companies, but it won't fold in the short-term.
I’m still hopeful SAFE and S3 will come due soon. What do we do if the news gets sold though?
FAA bill has to be passed before May 10. Not stablecoins and SAFE.
Even though we’re never going to get SAFE, I’m still picking up some calls before close tomorrow because I’m a stubborn degenerate who never learns.
If it actually happens, yes. The passage of SAFE has rightfully been written off by everybody, but if it actually happens, it’s like found money, pun intended
Schumer has no control over what happens in the House. Senate Republicans who do support SAFE don’t want to stick their necks out without assurances from the House leadership.
Schumer and SAFE are both memes at this point.
I am giving zero consideration to SAFE even having a chance. After 3 years of Sooners BS I just can’t anymore. If it happens it happens. Good luck today boys!
Many brokerages in the USA will not allow trading in cannabis stocks...regardless of TSX. Until S3 (but I am uncertain of impact on uplisting of rec use focused companies) or SAFE most will not touch. Simon emphasizes on every earnings call that Tilray does not touch cannabis in the USA. I appreciate the beer and bourbon...but not the dilution of shares. Until S3 or SAFE we are stuck in purgatory.
By the time early voting starts and if we are still without S3 and or SAFE, I will most reluctantly exit from MJ stocks, after nearly seven years. I hope that doesn’t happen.
I can’t buy into any more SAFE hype until it’s brought to the floor
About the stablecoin bill, don’t know nothing about the source: [Do the Right Thing](https://twitter.com/DTRTcannabis) "If it ever moves ahead, it’s expected to be attached to another piece of must-pass legislation, according to House aides and lobbyists who flagged FAA reauthorization legislation as a possibility." FAA deadline is May 10. Could we see SAFE + Stablecoin added to FAA vehicle?
Look up a SAFE agreement if you want an example of one although SAFE agreements typically sit squarely in equity. Normally it’s some kind of liability that has the option to convert into preferred stock
I love how marijuana moment has ***hundreds of articles using that same picture of him, always saying soon or this SAFE banking is a high priority for me!
Realistically how high would you guys need your holdings to go, assuming S3 and SAFE happens? Y'all thinking 10-20x or more like 5x?
SAM is saying institutional investors will be able to buy with SAFE Banking?!? Bullish af
We've seen SAFE chatted about for 10 years now. Isn't this the most desperate you've seen SAM?
Lets spam their votervoice page telling them to PASS SAFE. Last time we did that for rescheduling and they took their post down
IX Acquisition Corp ( IXAQ IXAQW ) [announced the AERKOMM deal on March 29](https://www.globenewswire.com/news-release/2024/03/29/2854748/0/en/AERKOMM-and-Nasdaq-Listed-IX-Acquisition-Corp-Announce-Merger-Agreement-and-US-35-Million-Private-Placement.html), and the PR stated there was a $35 million PIPE. Since then, IXAQ has filed an 8-K, and two amendments, to update the PIPE investment details. "[Concurrently with the execution of the Merger Agreement](https://www.sec.gov/Archives/edgar/data/1852019/000110465924045263/tm2411480d1_8ka.htm#:~:text=Concurrently%20with%20the%20execution%20of%20the%20Merger%20Agreement), Parent and the Company entered into subscription agreements (the “Subscription Agreements”) with certain accredited investors providing for investments in Parent Common Stock in a private placement for an aggregate cash amount of $35,000,000 **at $11.50 per share** of Parent Common Stock (the “PIPE Investment”). The Company will exercise reasonable best efforts to obtain a PIPE Investment Amount of at least $65,000,000 (inclusive of investment amounts under SAFE Agreements (as defined below)) pursuant to PIPE arrangements, and will obtain a minimum PIPE Investment Amount, unless waived by Parent, of at least $ 45,000,000 minus the investment amount obtained pursuant to SAFE Agreements (the “PIPE Minimum Investment Amount”) and will consummate the transactions contemplated by the Subscription Agreements on the terms described therein. The SAFE Investment Pursuant to the Merger Agreement, the Company will enter into **simple agreements for future equity**, in the form and substance as reasonably agreed upon by Parent and the Company (the “SAFE Agreements”), with certain investors providing for investments in shares of Company Common Stock in a private placement in an aggregate amount not less than $15,000,000 (exercising reasonable best efforts to secure $5,000,000 within twenty (20) Business Days of the date of the Merger Agreement, another $5,000,000 within forty (40) Business Days of the date of the Merger Agreement, and another $5,000,000 within sixty (60) Business Days of the date of the Merger Agreement) **that will automatically convert upon the Closing at $11.50 per share of Parent Common Stock** and in accordance with such SAFE Agreements and the Merger Agreement (the “SAFE Investment”)." Thought it was interesting that IXAQ has been able to raise a PIPE, and hopes to raise more, at $11.50 per share. Seems like a bullish signal. IXAQW around 6 cents each seem like a decent gamble so picked up a few.
Yup. If it was only SAFE Banking I would have run for the hills a long time ago. I might let myself get excited by it, if it finally passes the Senate. Even then, not much faith in Mikey allowing it to a vote either.
I see SAFE as more of a cherry on top of the cake. S3 comes with massive tax savings that can help make these companies profitable. I don't even know how relevant SAFER is after S3... I think it would help if this stuff were coded into law, it might help with uplisting and stuff, but eh. The industry can still thrive without it
Someone who gets it. This article has nothing to do with SAFE.
Oh for fucks’s sake, Chuck. This is clearly a poison pill and intended to play into the election. Get SAFE(R) done, then play politics.
I'd guess it is more so that the Dems don't want to give any concessions, like the gun sale protections that SAFE would allow for. They'd rather just a clean reschedule/legalization that doesn't have knock on effects.
Right. What happened to SAFE being down to the final few sentences of wording in the bill from late last year? Just going to pretend like none of that even happened so we can push for a pie in the sky bill that will never pass?
I'm of the opinion that we need S3 AND SAFE Banking. Why push for a bill that clearly won't pass due to opposition?! What happened to SAFE being "down to the final sentences" from late last year? Why scrap all that to push for full legalization when everyone knows that will have major push back in Congress?
This is entirely about ego for Schumer, Booker and Wyden. If you think critically about this, why would he even bother filing it otherwise. On one hand he states the votes are not there in the Senate for SAFER (a bill that is is far more incremental and has much more bi-partisan support), yet he moves to file CAOA later this month and refuses to bring SAFE to a vote. His CAOA has far, far, less support in the Senate and House than SAFE. This is all for optics, funding, and ego on his part. Just bring SAFE to the floor already!
“And we put SAFE on the back burner to proceed with this bill, which would have made it unnecessary…”. So predictable.
F*** Corey Booker. Quit pandering and bring SAFE to a vote.
Just proves MONTHS away from passing SAFE :(
He's looking for something with a SAFE 35% return....
I agree and I think this is the best option. BUT, it probably won't work. I am really getting a good idea of what you all think of this situation....I might need to adjust MY views of his investing (which is SAFE SAFE SAFE and low level interest).
Their alcohol business is doing plenty to keep them afloat now - as of the last few months it’s officially a larger portion of their revenue. I don’t need to see full legalization - just a couple strong catalysts for my options to print - then I’ll be buying and holding long @ Republicans - take a look at how many of them are supporting SAFE banking - the winds are shifting and they know it
Oh, he is a CD type of guy, except he's my husband and I am going to suffer from his lack of backbone and knowledge regarding investing. Already have! His thoughts are with real estate and SAFE places to stash money only. But it's cost us hundreds of thousands so far, I'm trying to stop that and get our Roths back into EARNING.
Unfortunately, the statement is untrue. The other party had blocked SAFE every step of the way.
If Florida, New York, Sched 3 and SAFE banking all happen, yes
WHY $MUR IS SAFE- MUR is out of reach and has its hands in America’s, Canada, Mexico, Brazil, vietnam, and east africa. They have their hands in extremely large deposits of natural gas Dumbass Canada, Mexico, and Brazil are in the Americas.
The nicknaming makes your point less likely to be taken seriously by a lot of people. I've said for a long time that I think SAFE ends up in the Farm Bill. It makes sense because SAFE deals with hemp, like several other things that are already going to be in the Farm Bill. And by putting it in there Johnson doesn't have to bring SAFE by itself to a vote. Now the question is if they are able to get the Farm Bill done in the summer, or if we have to wait for the lame duck session.
TrumpTrash Republicans won’t give a win to the Dems, especially before the election. Even if SAFE somehow passes the Senate, Mike Johnson will never bring it to the House floor. Forget about SAFE.
Can you guys get anything else to point to besides this one Corey Booker thing? Doesn't it kind of prove the point that Democrats overwhelmingly support SAFE compared to Republicans, if you guys are forced to keep pointing to the same thing over and over and over again? You can also just look at the voting records and cosponsors to prove the same point. So why do you think Republicans have refused to cosponsor the clean version of SAFE?
Democrat bots still making excuses for Schumer. Putting SAFE Banking Act to a vote and having Republicans reject it would have helped Democrats in 2021. Cory Booker (D) literally said he would do everything in his power to stop it from passing. Chuck Schumer would not put it to a vote without attaching Social equity to the bill. Now he is trying to pass "SAFER" that has even less support. Ironic that you call them "Cultist Clowns"
You bears dont get it…… If it doesnt happen by april 30th - then May 1st is the next likeliest day to get news. If not May 1st - then May 2nd. If not May 2nd - then May 3rd. No one gives a shit when it happens- just that its happening. No one is fucken selling after 3+ years - until reform happens. So no - we wont tank…. We are going to absolutely melt the fuck up. Plus - SAFE will be a talking point and headline if no S3 in short term.
The filibuster. Schumer is waiting to make sure there are enough votes in the Senate to defeat the filibuster. SAFE has already passed the House several times. It can only move forward if both chambers pass the same version of the bill. A divided congress slows everything down. So do the cultist clowns in the house rn. ✌️
I’ll bet the next ice age comes before SAFE
If S3 happens and SAFE pass, Cannabis will be LEGAL in America?
1 Cosponsor added to house version of SAFE. Rep. Frankel, Lois \[D-FL-22\] 04/05/2024 Totals: 112 > (88 dems / 24 gop)
I’m not convinced Trump would even touch it - maybe he would - but this administration has dicked around for too long, and there’s a good chance it will cost them regardless. It’s just unbelievable how bad they have botched this. And we’ve got fucking Schumer STILL talking about SAFE being a “priority”. Unbelievably frustrating.
For some optimism: we'll see steady gains for about 5 more months unless DEA and/or SAFE make headlines (the good kind) then it'll be moon time.
I mean that’s a given, but to me that’s when things get real. My tinfoil theory is that Schumer is only going to bring SAFE to a vote once S3 is in place and then Biden dangles the carrot of full legal once/if elected. Then I’ll sell
serious question, cuz I've heard it dropped by someone on a podcast recently but with S3 then 280E goes away(?) if so then what else in SAFE(R) becomes null?
Cannabis will be fully descheduled by the time this clown gets to a SAFE(R) vote.