Potential #cannabis legalization via Supreme Court to be filed by @AbnerKurtin $AAWH Justice Thomas has already said of fed laws: “contradictory and unstable state of affairs strains basic principles of federalism” How can a Union exist with 74% of the states breaking fed law?

$SAM launches #cannabis beverage TeaPot in Canada, follow-through on their 5/21 subsid & 8/21 $ETRGF partnership While not a surprise (in $SAM 10K), it is another example of alcohol's view of cannabis growth & fear of cannibalization #EatYourOwnLunch prn.to/3NsuuH9

Thanks Rena Sherbill for having me & Colin Ferrian on Seeking Alpha 's CanPod ! Always fun to discuss the #cannabis industry with you, and thanks for producing a consistently great podcast.

We also talked about $SSIC ‘s $170m loan to Shryne Group - impressive funding amidst a market correction to an already cash constrained industry

Tomorrow is going to be a great, dynamic discussion. @greengiantsfund will be joining as co-host with guests MJResearchCo by Mike Regan and Colin Ferrian. Set a reminder for the #CCBwp upcoming Space! x.com/i/spaces/1BRKj…

Understanding all the moving pieces in #cannabis with Mike Regan + Colin Ferrian seekingalpha.com/article/451660…

My TLDR $BGXX=NOT a consumer #cannabis biz but hopes to be supplier to pharma for research IF it raises $ & executes Sue Sisley, MD notes “minimal” end mkt & “not a lucrative biz model” No read through to $MSOS $PSDN $CURLF $TCNNF $GTBIF $CRLBF $VRNOF $AYRWF $AAWH $JUSHF $GLASF

Ascend $AAWH 's @AbnerKurtin just said $AAWH did $9m of sales "last week" on 🌊Morgan Paxhia Emily Paxhia Poseidon Investment MGMT 's Closing Bell Spaces re why he's personally buying stock $9m/wk = $117m run rate/Q Consensus Rev est: 2Q22 $91.5m 3Q22 $112.4m 4Q22 $129.6m

2015 article on descheduling vs legislative routes for #cannabislegalization FDA would decide based on studies, which catch-22 don’t exist bc illegal Colin Ferrian & I noted “regulatory waiting room” at FDA as risk to THC in our Nov 21 Bear Case w Patrick Rea ‘s insight

I’ll be chatting with Patrick Rea and Colin Ferrian today at 5:30pmET about #cannabislegalization - tune in!

I wonder if this law will apply to White House employees…

✅Good to remove 280E which = ~12% of rev at 55% GM, so 5-12.5% of rev is tax REDUCTION for small-mid size biz, & 10% is reduction for large biz too. 25% big maybe keeps independent? What are $ size definitions? ✅Remove cannabis from CSA Some interstate decided by states?

280E math and downloadable worksheet for your own financials and estimates are available here MJResearchCo by Mike Regan mjresearchco.com/2021/03/26/inv…

This is a solid piece, supported by strong data points written by the Editorial Board of USA TODAY. It is encouraging to see work being done like this around #Cannabis. Poseidon Investment MGMT 🌊Morgan Paxhia Patrick Rea Colin Ferrian Tyler Greif 🌊🌱

Congrats to my former editor Jenel Stelton-Holtmeier (she/her) joining @GreenMarketRpt ! Jenel is a fantastic editor and hire for Debra Borchardt . Looking forward to great reporting from the new team! Be sure to follow them if you care about #cannabisinvesting

Colin Ferrian Colin Ferrian now chatting, be sure to tune in

My #280E report goes into the rev & margin math vs excise taxes, & has a spreadsheet to use your own assumptions. It’s not as simple as it seems most competitive biz see price ⬇️ & expenses ⬆️ post tax cuts excise = more transparent & no tax on losses mjresearchco.com/2021/03/26/inv…

Need >1 #cannabis store / 15k people for 75%+ licensed market share per @leafly Beau Whitney Outlawing #cannabis just shifts consumption to unlicensed market If legal stores too far & tax too high, unlicensed satisfies demand CO=6k/store CA=38k IL=115k NJ=358k! report ⬇️

9 years = avg length of prior FDA reviews of #marijuana #rescheduling per Mona Zhang Natalie Fertig ! 2 years would indeed be “expeditious”! Also notes Biden said “currently available research” so review may be faster without new studies

Senator Senator John Hickenlooper touting lame duck #SAFE, AND legislating a task force for #marijuana legalization = important LT to ensure Federal normalization momentum continues Had CO task force 10 yrs ago too reluctantly set up Adult Use but now embraces, admits fears proved unfounded