This Week in Cannabis News – March 18 to March 24 2024



This news is NOT investment advice. It’s for educational/informational purposes only. Last Week in Cannabis News: …

25 Comments

  1. Sources + New Stories / Developments Since Recording:

    https://www.bloomberg.com/news/articles/2024-03-22/german-upper-house-passes-law-partially-legalizing-cannabis-use

    https://www.marijuanamoment.net/germany-marijuana-legalization-law-will-take-effect-on-schedule-next-month-after-lawmakers-decline-to-delay-implementation/

    https://twitter.com/CannabisBullRun/status/1771266188783333589

    https://twitter.com/BryanFields24/status/1770803786199552436

    https://podcasts.apple.com/us/podcast/boris-jordan-on-curaleafs-european-strategy-building/id1540199573?i=1000649995727

    https://twitter.com/WeedStreet420/status/1771224417860829307/photo/1

    https://twitter.com/DrSashaWarren/status/1771495898255683981

    https://twitter.com/SteveTransform/status/1771195765227933702

    https://twitter.com/DTRTcannabis/status/1770587678217506936/photo/1

    https://www.deadiversion.usdoj.gov/mtgs/supply_chain/conf_2023/Boos.pdf

    https://twitter.com/DTRTcannabis/status/1770643521206153689/photo/1

    https://iowamedicalmarijuana.org/pdfs/dea-response-2020-11-10.pdf

    https://twitter.com/DTRTcannabis/status/1770121192650723391/photo/1

    https://mjbizdaily.com/dea-working-quickly-on-marijuana-rescheduling-vice-president-kamala-harris/

    https://www.abcactionnews.com/news/national/fda-says-marijuana-has-a-legitimate-medicinal-purpose

    https://www.marijuanamoment.net/cbd-has-potential-to-manage-symptoms-of-alcohol-use-disorder-new-scientific-review-finds/

    https://jcannabisresearch.biomedcentral.com/articles/10.1186/s42238-024-00224-0

    https://journals.lww.com/cardiovascularpharm/abstract/9900/exploring_the_possible_role_of_cannabinoids_in.298.aspx

    https://link.springer.com/article/10.1007/s43440-024-00580-x

    https://pubmed.ncbi.nlm.nih.gov/38500669/

    https://www.marijuanamoment.net/top-democratic-senator-calls-marijuana-banking-bill-a-high-priority-amid-growing-calls-for-reform/

    https://action.chuckschumer.com/safer-act – Support SAFER Banking Link!

    https://twitter.com/sammyj_19/status/1771233534763544848/photo/1

    https://www.marijuanamoment.net/treasury-secretary-yellen-says-passing-marijuana-banking-bill-would-be-desirable-to-address-real-problem/

    https://twitter.com/ABABankers/status/1770205488103162110

    https://www.marijuanamoment.net/congressman-tears-into-top-biden-official-over-politically-damaging-lack-of-marijuana-reform-progress-urging-white-house-to-follow-through/

    https://www.congress.gov/bill/118th-congress/house-bill/2891/cosponsors?pageSort=lastToFirst

    https://www.marijuanamoment.net/marijuana-industry-cash-is-not-necessarily-suspicious-irs-says-in-new-guidance-memo/

    https://twitter.com/cannasseursio/status/1771239569599471741/photo/4

    https://knowthefactsmmj.com/wp-content/uploads/ommu_updates/2024/032224-OMMU-Update.pdf

    https://twitter.com/JGriesler/status/1770828375562551419

    https://supremecourt.flcourts.gov/Opinions/Most-Recent-Opinions

    https://www.floridatoday.com/story/news/2024/03/15/recreational-marijuana-legal-florida-pennsylvania-hawaii-south-dakota-new-hampshire/72954301007/

    https://twitter.com/theweedman_4_20/status/1771363609396023688/photo/1

    https://zuanic.worldflowconnect.net/opendirect/dbdd3fdc-71fa-48f2-964a-85c743442ec4/240319%20DEA%20Qs.pdf?token=f3228fb7-78f1-4284-a759-fc6af876e2b5&extension=.pdf

    https://www.cantechletter.com/2024/03/ayr-stock-wins-target-raise-at-beacon/#

    https://thedalesreport.com/cannabis/ayr-wellness-ceo-david-goubert-talks-q4-earnings/

    https://twitter.com/jemhecht/status/1770107811889926647/photo/1

    https://www.youtube.com/live/GNU4CMMW4ds?si=Ewlby1MVziA5cLv9

    https://twitter.com/DTRTcannabis/status/1771211493888971019/photo/1

    https://twitter.com/GreenWaveMJ/status/1769571797056287078/photo/1

    https://twitter.com/GreenWaveMJ/status/1770836185180524593/photo/1

    https://mjbizdaily.com/louisiana-10th-medical-marijuana-dispensary-opens/

    https://www.msn.com/en-ca/money/topstories/key-recommendations-from-the-government-s-review-of-the-cannabis-act/ar-BB1kjq2B?ocid=msedgntp&pc=ACTS&cvid=156a1ec4ec59473bb085c37e98e914e4&ei=114

    https://www.forbes.com/sites/dariosabaghi/2024/03/19/nearly-72-of-canadas-cannabis-users-buy-from-legal-market-survey-finds/?sh=6a2aff116556

    https://twitter.com/WeedStreet420/status/1770478238776615152/photo/2

    https://twitter.com/WeedStreet420/status/1769817905414185069/photo/1

    https://twitter.com/ITR534/status/1769709585424634335

    https://podcasts.apple.com/us/podcast/cannabis-investing-network/id1473608442?i=1000649839965

    https://sivallc.com/wp-content/uploads/2024/03/STATE-of-THE-CANNABIS-INDUSTRY-2024.pdf

    https://market.us/report/legal-marijuana-market/

    What is the timeline for rescheduling? JDSupra – https://www.jdsupra.com/legalnews/what-is-the-timeline-for-rescheduling-3301256/

    Lol called it. Political Stupidity and Bureaucratic Bungling Created New York's Pot Legalization 'Disaster' – https://reason.com/2024/03/22/political-stupidity-and-bureaucratic-bungling-created-new-yorks-pot-legalization-disaster/

    Verano & Goodness Growth Litigation? Since I own Goodness Growth, I seriously hope I end up with the VRNO by the end of this settlement – https://twitter.com/markemerritt/status/1771632265652498777/photo/1

    Columbia Care Dilution 2021 vs 2023 (Thank God its not like Canopy) – https://companiesmarketcap.com/columbia-care/shares-outstanding/

    Table for PA, MSOs in PA and % of shops each have in PA – https://twitter.com/theweedman_4_20/status/1771584329849716887/photo/1

    And latest from the chart guys – https://twitter.com/ChartGuys/status/1771546169484751088

    Thanks for watching!!!

  2. I listened to Boris Jordan on The Dime Podcast last night. I tend not to put too much stock ( no pun intended ) on insiders ( especially owners ) of cannabis companies pumping their companies but damn, Boris got me excited about the overall industry last night. He's already looking past the US market with great insight on his expansion to Europe. Great work Jordan. 🤔

  3. 🏆🏆AUSTRALIA RENAMED HARD CORE MILITARY HOME IS NEEDED🏆🏆SKY PEOPLE WITH GLOBAL WARMING WEAPON = VATICAN CITY BUILT CM PERFECT FOR LAST LEFT AS A ISLAND = HOPE WIN ETERNAL LIFE🏆20 EMPIRES = PLANET EARTH🏆HARD CORE MILITARY HOME BASE = 3 X GRAND HOTELS WITH PERFECT FENCE = PORT STANVAC OLD OIL GROUNDS LONSDALE SOUTH OF ADELAIDE🏆MONOPOLY GAME + SYDNEY OLD DAYS = REAL GOOD + DAD LIVE LOXTON – ORANGE JUICE ACID FIX BLOOD = HARD CORE MILITARY 1ST MAN BORN MORPHETT VALE YEAR 1981 AUSTRALIA🏆BEST PLANET COMPETITION🏆CHURCH = NEED OUR PLANET TOO DESTROY ITSELF🏆SUN UP – SUN DOWN🏆CHURCH = MINTS AND BANKS MONEY = NOT GOOD ENOUGH = RUN OUR PLANET POOR = MAX LOW MONEY AMOUNTS = PLANET EARTH NEVER BE HAPPY RICH🏆400K – MILLIONAIRE EVERY TREASURE ITEM BIRTHDAY🏆NO HEALTH CONSCIOUS NUTS PLEASE🏆MALE AND FEMALE HOSPITAL🏆EVERYONE SHOULD BE OWN DOCTOR = DIE OLDEST AGE = CURE = PANADOL + FRUIT + BED REST🏆MARAJUANA = STONED AS A MUTE – TOBACCO = RESPONSIBILITY – EXTACY DANCE PILLS = LOVE DRUG – COCAINE = FILL UP = SUPERMAN STRONG – TASTE METHAMPHETAMINE = MACHINE – MDMA CAPS = GET DICK OUT = TWO BOMB YA – ICE SMOKE = UP LADY DRUG🏆CARS = MAN DRINK MAN BABY PENIS PASTE🏆PERVERT WITH A CAMERA OR LISTENING TECHNOLOGY🏆BOAT TRAVEL ONLY A GOOD THING = BLOCK RUNWAY IS SAFEST🏆FRANCE + ENGLAND + SWITZERLAND + GERMANY + SAUDI ARABIA + ISRAEL + ROME + TURKEY + PAKISTAN + AFRICA + SRI-LANKA + INDIA + CHINA + NORTH KOREA + RUSSIA + INDONESIA + JAPAN + AUSTRALIA RENAMED HARD CORE MILITARY HOME + NEW ZEALAND + AMERICA = 2 SNOOKER TABLE MONEY HOMES EACH = TREASURE ROOMS🏆UNDER 20 YEARS OLD – UNDER 60 YEARS OLD – OVER 60 YEARS OLD USE POST CARD CASH 2000..1MILLION DUCKS🏆BEFORE YEAR 2020 POST OFFICE DOUBLE STAMP = HARD CORE MILITARY TREASURE = 950000MILLION DUCKS EVERY YEAR OLD🏆LETTER-BOX BLOCK OF LAND SOLD BY AUCTION FOR A BIG HAPPY FAMILY🏆FRONT YARD CAMPING + GARAGE SALES + VISIT A FREIND + HOUSE PARTIES🏆HARD CORE MILITARY HOME WITH HIT OUR PLANET AT SPEED OF LIGHT SPACESHIP WEAPON = THEY NEED TOO WIN BABIES FROM = MAX LUXURY BOAT🏆MAN WHO CAN BUILD HARD CORE MILITARY🏆EASIEST BOYFRIEND IS WASTE BABY JUICE MAN🏆FEMALE GIVE SLEEP OVER A NIGHT INVITATION = ONLY NO SOCKS MAN🏆SAME SEX COUPLES + FAKE DICK LESBIANS LIVE AMERICA ONLY🏆HARD CORE MILITARY HOME = HEIRLOOM MONOPOLY GAME TIN WON AT 5 YEARS OLD YEAR 1986 TOO SIGNAL I TAKE OVER  FROM BOSS 1 OF PLANET WHEN HE DIES🏆5.2 METRE BOAT OR SUBURU WRX CAR GO AROUND HARD CORE MILITARY HOME DOING TIME TRIALS🏆ADELAIDE SNAPPER + SQUID FISHING TOURNAMENTS PRIZE = RICHEST MALE OR FEMALE ON OUR PLANET🏆BEFORE YEAR 2000 CHILDREN'S HERO COLLECTOR CARD = RARE = JACKPOT + USED DATED COIN = WORN YEAR 1800S + 100 YEAR OLD ONLY = JACKPOT + KEEPER SPOON = RUBBER BAND TAG = A NAME + DATE FOUND = JACKPOT🏆DUCKS PRICE TAGS🏆27 MAR 2024🏆

  4. People… If your weed 🤢is powder dry and doesn’t have a very strong odor and isn’t sticky and is very dense that is a sign they👹 are using bad growth hormones☠️ to produce more weed at cheaper cost. That’s a little FYI.
    Here’s another tidbit of information, if you live in Illinois💩 And go to Michigan to purchase that cheap😵‍💫 hemp… If you get caught in 💩Indiana, the crime is called interstate trafficking of a schedule one controlled substance. ❤You’ll be arrested. ❤Handcuffed❤ car confiscated❤ you’ll need bail money❤. Indiana is the spiders Web
    One last thing… 🤫These dispensaries👹 that record your drivers license… You gave them permission to 🤑sell your information to your auto insurance company or to the Indiana👮🏿‍♀️ state👮🏿‍♀️ police 👮🏿‍♀️or whoever’s interested. And it’s 🤑profitable. Big money🤑🤑 if they choose to sell🤑 your information🤔. Of course they don’t make any claims they don’t Sell your information. 🤔They don’t make claims that the weed is 100% natural or non-GMO or anything quality… 🐑You’re smoking 👹government weed💩😂 grown by greedy🧛‍♂️ Wall Street.
    The moral🤔 to the story is wake up… 😵‍💫😵‍💫The more we all know about this product and it’s flaws, the better the product will get, but if you are a 🐑sheep and you continue to buy this trash, they’ll never change.❤🍀

  5. Watching and praying in Kentucky COME LORD JESUS COME QUICKLY
    Better stock up…on everything…if you don't go in the soon rapture…its going to get bad… Everything Jesus and the bible said would happen is happening right now… Jesus is coming….

  6. Quick Google search, "The DEA is headed by an Administrator of the Drug Enforcement Administration appointed by the president of the United States and confirmed by the U.S. Senate. The Administrator reports to the Attorney General through the Deputy Attorney General."
    The Attorney General reports to the President. All of these people are directly under the president and will act under his command, yet here we wait. 🙄

  7. Hey Jordan, IMO that CGC bump was definitely shorts closing. Highest day volume in CGC history doesn't mean nothing.
    Volume increase = pretty much always means price increase. Don't have to take the opinion of some guy on the internet, but you've given me a lot. – If I were you I'd be selling most of your Cannabist stack (75% to 85%) between $4.00 – $5.50. (November?) You might get $6.00 for a long enough hold. Safety is probably around $4.75 if you want to get out free and clear before the top of this first part of the 2 year cycle. Hold tight.

  8. Re: not owning green thumb because of not wanting to play it safe: I get this. They've sold off less than most. But I also think they will be one of the most likely institutional investments.

    You could buy some MSOX? 2x leverage MSOS ETF. Has lots of exposure to green thumb and other leading companies. I'm loading up on this rather than options because they're very very expensive. Biggest positions are in Trulieve, Verano, AYR, Vext and Green Thumb.

    I HATE the brand name change of Columbia Care to 'the cannabist' too btw. I wonder if that's played into their under performance? Tempting to pick some up since it's below the price it traded at even before last September when news started pushing cannabis stocks up. But damn what a dumb name lol

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