#  @sammyj_19 Sammy J Sammy J posts on X about $msos, $cxxif, $gtbif, $tcnnf the most. They currently have [-----] followers and [---] posts still getting attention that total [---] engagements in the last [--] hours. ### Engagements: [---] [#](/creator/twitter::2238437256/interactions)  - [--] Week [------] +2,564% - [--] Month [------] -26% - [--] Months [-------] -63% - [--] Year [---------] -70% ### Mentions: [--] [#](/creator/twitter::2238437256/posts_active)  - [--] Week [--] +80% - [--] Month [--] -49% - [--] Months [---] -32% - [--] Year [---] +19% ### Followers: [-----] [#](/creator/twitter::2238437256/followers)  - [--] Week [-----] -0.06% - [--] Month [-----] -0.30% - [--] Months [-----] +1.50% - [--] Year [-----] +6.30% ### CreatorRank: [---------] [#](/creator/twitter::2238437256/influencer_rank)  ### Social Influence **Social category influence** [finance](/list/finance) [stocks](/list/stocks) [cryptocurrencies](/list/cryptocurrencies) [currencies](/list/currencies) [countries](/list/countries) [technology brands](/list/technology-brands) [social networks](/list/social-networks) [celebrities](/list/celebrities) [travel destinations](/list/travel-destinations) [musicians](/list/musicians) **Social topic influence** [$msos](/topic/$msos) #40, [$cxxif](/topic/$cxxif) #2, [$gtbif](/topic/$gtbif) #12, [$tcnnf](/topic/$tcnnf) #11, [$curlf](/topic/$curlf) #14, [$jushf](/topic/$jushf) #3, [$ayrwf](/topic/$ayrwf), [$mrmd](/topic/$mrmd) #3, [$vrnof](/topic/$vrnof) #4, [$crlbf](/topic/$crlbf) #10 **Top accounts mentioned or mentioned by** [@lancefinlinson](/creator/undefined) [@varrell](/creator/undefined) [@weedstreet420](/creator/undefined) [@junglejava1](/creator/undefined) [@bkov9](/creator/undefined) [@wolfofweedst](/creator/undefined) [@thedankinformer](/creator/undefined) [@jgriesler](/creator/undefined) [@otcexpert101](/creator/undefined) [@stockmj](/creator/undefined) [@chartguys](/creator/undefined) [@th1902d](/creator/undefined) [@advisorshares](/creator/undefined) [@travisbrendan2](/creator/undefined) [@semievolvedm](/creator/undefined) [@cannabisref](/creator/undefined) [@thedalesreport](/creator/undefined) [@jesseredmond](/creator/undefined) [@jderevyanny](/creator/undefined) [@revelationslp](/creator/undefined) **Top assets mentioned** [Colgate-Palmolive Company (CL)](/topic/$cl) [Teradyne, Inc. (TER)](/topic/$ter) [Veloce (VEXT)](/topic/$vext) [Matr1x Fire (FIRE)](/topic/$fire) [CannabisCoin (CANN)](/topic/cannabis) ### Top Social Posts Top posts by engagements in the last [--] hours "3/3 @rubicronik @KushMansPicks @DojiFranco90 @ViciousTrading @effectemergence Apologies if I missed anyone who deserves praise for lending me a hand. FWIW here's my list of '19 plays with most potential vs current MC$100M: JWCA EAT CANN SUGR CXXI BIO NRTH EVE CROP TGIF VIDA" [X Link](https://x.com/sammyj_19/status/1080312100122185733) 2019-01-02T03:57Z [----] followers, [--] engagements "Here is the updated chart as of Friday's close with $GGB & $CNNX added by request as well as updated $MMEN revs: $WEED $ACB $APHA $CXXI $OGI $TRST $TLRY $HEXO $FIRE $CRON $HIP $TRUL $GTII $CURA $CWEB $ACRG.U $CL $HARV $IAN $OH $MJAR $TGIF $PLTH $SNN $PLUS CC: @st0ckm0nster 1/6" [X Link](https://x.com/anyuser/status/1102288621036544000) 2019-03-03T19:24Z [----] followers, [---] engagements "But I thought $CXXI was just a pump & dump $QCA & @SC_FUNDS must have it wrong too. SMH" [X Link](https://x.com/sammyj_19/status/1105526765437349888) 2019-03-12T17:51Z [----] followers, [--] engagements "1. Here's the updated chart w [--] new cos. $VFF $LABS $NRTH $HVT $META & $CLIQ. Also added a rank change column. $CXXI $MJAR $TGIF $PLTH $TRUL $SNN $MMEN $PLUS $CNNX $TRST $HIP $FIRE $OH $IAN $CWEB $OGI $CURA $APHA $HEXO $GTII $ACRG $HARV $CL $GGB $ACB $WEED $TLRY $CRON" [X Link](https://x.com/anyuser/status/1110235928797347846) 2019-03-25T17:44Z [----] followers, [---] engagements "@tanny87 @AllStreetsWolf @wizkhalifa Phantom Farms has over 45k followers alone. With Dab Society they would be 2nd to MMEN on this list over 70k instagram followers for $CXXI's brands" [X Link](https://x.com/sammyj_19/status/1129927268241936386) 2019-05-19T01:50Z [----] followers, [--] engagements "Updated chart w [--] top cannabis cos in sales + valuation ranking: $CXXI $TRUL $HALO $PLTH $META $LABS $SNN $DYME $VFF $VGW $MJAR $VREO $OGI $IIPR $CWEB $FAF $TER $TRST $FIRE $ZENA $TILT $TIUM $OH $GTII $IAN $CURA $GGB $CL $CCHW $MMEN $HARV $GWPH $ACRG $HEXO $TLRY $ACB $APHA $WEED" [X Link](https://x.com/sammyj_19/status/1150971091851988993) 2019-07-16T03:31Z [----] followers, [--] engagements "@bubblepooper123 Oh ok. I mentioned in last week's chart update that I am mirroring @ncvmedia's revenue tracker & they changed the minimum recently to $5M USD. Therein lies the reason for omission. Not even $CRON qualifies at this stage. $TGIF & a few others fell off as well" [X Link](https://x.com/sammyj_19/status/1151148109919150080) 2019-07-16T15:14Z [----] followers, [--] engagements "@AllStreetsWolf @bubblepooper123 @ncvmedia @VAPENClear I've never looked into them so I'm not familiar. Was this pro forma or actually filed revs Either way sounds like a promising co" [X Link](https://x.com/sammyj_19/status/1151534139495129089) 2019-07-17T16:48Z [----] followers, [--] engagements "@AllStreetsWolf @bubblepooper123 @ncvmedia @VAPENClear Having quickly scanned Sedar filing $VAPN looks to have multiple sources of revenue. My chart is cannabis-only sales as that's where sector premium lies. I'm mirroring @ncvmedia's qualifiers since their chart is the sector standard. Eg. $VFF & $APHA pot revs than gross revs" [X Link](https://x.com/sammyj_19/status/1151633231772639232) 2019-07-17T23:22Z [----] followers, [--] engagements "$APHA earnings update on chart. Top [--] in sales + valuation rank: $CXXI $TRUL $PLTH $HALO $SNN $LABS $DYME $VGW $META $MJAR $VFF $ZENA $OGI $IIPR $VREO $TRST $CWEB $FAF $FIRE $TER $TILT $TIUM $OH $GTII $GGB $IAN $CL $CURA $MMEN $HARV $CCHW $GWPH $HEXO $ACRG $TLRY $ACB $WEED" [X Link](https://x.com/sammyj_19/status/1157683106431811585) 2019-08-03T16:02Z [----] followers, [--] engagements "C8) Next up is $LABS as I want to rotate btw Jr. Big Jr. Big. Let's have you drive the bus moving forward. Who do you want to see next I'll go in order of vote next [--] rounds. $PLTH $CURA $NRTH $ZENA $TGIF $GTII $META $FIRE $LHS $IAN $WMD $SNDL $VREO $HARV $FAF $TGOD PLTH CURA NRTH ZENA TGIF GTII META FIRE VREO HARV FAF TGOD LHS IAN WMD SNDL PLTH CURA NRTH ZENA TGIF GTII META FIRE VREO HARV FAF TGOD LHS IAN WMD SNDL" [X Link](https://x.com/sammyj_19/status/1163162971553615879) 2019-08-18T18:57Z [----] followers, [--] engagements "C21 Director & former RBC Head of Capital Markets Bruce MacDonald with two more $CXXI insider buys this week on top of what @weedstreet420 posted from Friday. 125.5k shares total in the last week. $CXXIF 👇👇" [X Link](https://x.com/sammyj_19/status/1176905570508574720) 2019-09-25T17:05Z [----] followers, [--] engagements "The [--] Public Cannabis Operators with min. $50M revenue/$5M adj. EBITDA (in CAD) for trailing twelve months: [--]. $TRUL $TCNNF [--]. $GTII $GTBIF [--]. $CURA $CURLF [--]. $AYR.a $AYRSF [--]. $CL $CRLBF [--]. $CXXI $CXXIF [--]. $PLTH $PLNHF Sorted by last Q Annualized adj. EBITDA. USD/CAD @ $1.35" [X Link](https://x.com/sammyj_19/status/1269645715896258565) 2020-06-07T15:01Z [----] followers, [--] engagements "1. There are currently only [--] and [--] Cannabis Operators with an Operating Income/Profit last reported Q before IFRS fair value adj. (in CAD @ $1.35): $TRUL $GTII $LHS $CXXI $PLTH $VLNS $ALEF $CLIQ $DN Source: @ncvmedia" [X Link](https://x.com/sammyj_19/status/1272962292737617920) 2020-06-16T18:40Z [----] followers, [--] engagements "1. Public Cannabis Operators Peer Comp Table (last reported Q annualized): Updated Q3: $CURA $CURLF $GTII $GTBIF $CL $CRLBF $TRUL $TCNNF $CCHW $CCHWF $AYR.a $AYRSF $TER $TRSSF $INDS $INDXF Includes all [--] #potstocks in NYSE-listed $MSOS Price thru 11/20/20. USD/CAD @ $1.31" [X Link](https://x.com/sammyj_19/status/1330748293828276224) 2020-11-23T05:41Z [----] followers, [--] engagements "6. While these discrepancies end up added back to adj. EBITDA there are otherwise too many inconsistencies w one-time "adjusted" line items. Analysts really should move off this metric as the measuring stick in #potstocks especially when "Covid" add backs showed up for a 2nd Q" [X Link](https://x.com/sammyj_19/status/1330748317542739969) 2020-11-23T05:41Z [----] followers, [--] engagements "7. As requested here is the $MSOS Peer Comp Table (last reported quarter annualized) in USD: OTC Share Prices thru 11/20/20 CAD/USD at $0.76 (TerrAscend reports in CAD) $AYRSF $CRLBF $CXXIF $INDXF $PLNHF $VREOF $GTBIF $FFNTF $TRSSF $JUSHF $CCHWF $HRVSF $ACRHF $TCNNF $CURLF" [X Link](https://x.com/sammyj_19/status/1330928020761276417) 2020-11-23T17:35Z [----] followers, [--] engagements "From Beacon's Q3 Cash Flow Report on #cannabis operators: Free Cash Flow Margin: [--]. $CXXI $CXXIF 33% [--]. $INDS $INDXF 20% [--]. $AYR.a $AYRWF 19% Note emphasis on importance of Cash Flow over adj. EBITDA as leading profitability indicator. Hopefully sector starts to shift here" [X Link](https://x.com/sammyj_19/status/1339632337999544321) 2020-12-17T18:03Z [----] followers, [--] engagements "1. EVs of #cannabis thru 12/20/20 in USD (0.78): $CURLF $9.07B $GTBIF $5.15B $TCNNF $4.12B $CRBLF $4.07B $TRSSF $2.61B $CCHWF $1.51B $PLNHF $1.12B $AYRWF $1.01B $HRVSF $957M $JUSHF $926M $ACRHF $410M $FFNTF $537M $INDXF $216M $MRMD $195M $VREOF $166M $CXXIF $146M Source: BMO" [X Link](https://x.com/sammyj_19/status/1340902625043222528) 2020-12-21T06:11Z [----] followers, [--] engagements "ICYMI here's Craig-Hallum's recent take on who these Tier [--] & [--] public #cannabis operators are. Obviously private ones like $CCHWF's will join the mix as well. Tier 2: $VREOF $FFNTF $CXXIF $HRVSF $JUSHF $PLNHF Tier 3: $ACRHF $ITHUF $LHSIF ✅ $MRMD $MMNNF $RWBYF $VEXTF 👇 M&A Tuesday for #cannabis as $CCHWF and $AYRWF make their moves. Should be a positive read-through for second and third tier operators as the consolidation theme is upon us. positions / advisor $CCHWF M&A Tuesday for #cannabis as $CCHWF and $AYRWF make their moves. Should be a positive read-through for second and third tier" [X Link](https://x.com/sammyj_19/status/1341405774686408713) 2020-12-22T15:30Z [----] followers, [--] engagements "1. EVs of Operators thru 12/27/20 in USD($0.78): $CURLF $8.85B $GTBIF $5.36B $TCNNF $4.02B $CRBLF $4.01B $TRSSF $2.56B $CCHWF $2.1B $AYRWF $1.48B* $PLNHF $1.15B $JUSHF $1.12B $HRVSF $1.1B $FFNTF $565M $ACRHF $411M $INDXF $234M $MRMD $185M $VREOF $173M $CXXIF $156M Source: BMO" [X Link](https://x.com/sammyj_19/status/1343597029038170113) 2020-12-28T16:37Z [----] followers, [--] engagements "5. Collectively (as of 12/27/20): $MSOS up 112% YTD LPs down (31%) YTD $MSOS avg Cash Flow burn only $7M TTM LPs avg Cash Flow burn was $132.2M TTM $MSOS avg Cash Flow Margin (TTM) was (12%) LPs avg Cash Flow Margin (TTM) was (213%)" [X Link](https://x.com/sammyj_19/status/1343980755278561281) 2020-12-29T18:02Z [----] followers, [--] engagements "6. What that means is in the past twelve months LPs collectively burned more than twice as much cash as their top line revenue. Insane. Again $VFF is the exception to the rule w CF+ past two Qs. Also worth noting more MSOs like $CRLBF & $INDXF are now CF+ in recent Qs./" [X Link](https://x.com/sammyj_19/status/1343980756545245185) 2020-12-29T18:02Z [----] followers, [--] engagements "1. New Year [----] - EVs of Operators in USD ($0.78): $CURLF $8.57B $GTBIF $5.42B $TCNNF $3.98B $CRBLF $3.95B $TRSSF $2.59B $CCHWF $2.19B $AYRWF $1.55B* $JUSHF $1.18B $PLNHF $1.09B $HRVSF $1.06B $FFNTF $597M $ACRHF $409M $MRMD $220M $VREOF $189M $CXXIF $161M Source: BMO" [X Link](https://x.com/sammyj_19/status/1346091639790571524) 2021-01-04T13:50Z [----] followers, [--] engagements "A fund manager told me he expects #cannabis bubble to be 5x 's. But aside from any bubbly future growth @ value is still current realm until SAFE (cost of capital custodial safe harbor uplisting/big board liquidity RHers/mainstream access) gets us past early innings. Stifel on #cannabis 20-baggers https://t.co/NbyN7Ulbpm Stifel on #cannabis 20-baggers https://t.co/NbyN7Ulbpm" [X Link](https://x.com/sammyj_19/status/1346145966081126402) 2021-01-04T17:26Z [----] followers, [--] engagements "EVs of #cannabis thru 01/10/21 in USD($0.78): $CURLF $9.73B $GTBIF $6.03B $TCNNF $4.98B $CRBLF $4.47B $TRSSF $2.59B $CCHWF $2.28B $AYRWF $1.82B* $HRVSF $1.33B $PLNHF $1.18B $JUSHF $1.12B $ACRHF $1.01B $FFNTF $671M $INDXF $283M $MRMD $257M $VREOF $255M $CXXIF $172M Source: BMO" [X Link](https://x.com/sammyj_19/status/1348626800570732546) 2021-01-11T13:44Z [----] followers, [--] engagements "2. Note: *BMO's $AYRWF calc. includes PF for $LHSIF C$ EVs of #PotStocks: $WEED $13.4B $TLRY/ $APHA (PF) $6.7B $APHA $3.8B $ACB $2.5B $CRON $2.5B $VFF $1.1B $SNDL $694M $HEXO $665M $OGI $468M $VLNS $267M $XLY $240M $FLWR $212M $AH $195M $ROMJ $180M $FIRE $182M $ZENA $169M" [X Link](https://x.com/sammyj_19/status/1348626801476702210) 2021-01-11T13:44Z [----] followers, [--] engagements "EVs of #cannabis thru 01/17/21 in USD($0.78): $CURLF $11.08B $GTBIF $6.23B $TCNNF $5.42B $CRBLF $5.41B $TRSSF $3.67B $CCHWF $2.72B $AYRWF $1.76B* $HRVSF $1.46B $PLNHF $1.43B $JUSHF $1.20B $ACRHF $941M $FFNTF $696M $VREOF $384M $MRMD $334M $INDXF $294M $CXXIF $155M Source: BMO" [X Link](https://x.com/sammyj_19/status/1351046395676008452) 2021-01-18T05:58Z [----] followers, [--] engagements "3. Share Price Performance of $MSOS & [--] #cannabis holdings sorted by return since Sept. 1st '20 launch (also 1-month 6-month 12-month returns): $VREO $VEXT $TRSSF $JUSHF $BMWLF $HRVSF $ACRHF $AYRWF $CXXIF $CCHWF $CRLBF $TCNNF $MSOS $CURLF $GTBIF $FFNTF $PLNHF $INDXF" [X Link](https://x.com/sammyj_19/status/1351050508597948422) 2021-01-18T06:15Z [----] followers, [--] engagements "EVs of #cannabis thru 01/24/21 in USD($0.78): $CURLF $10.72B $GTBIF $6.79B $CRBLF $5.86B $TCNNF $5.43B $TRSSF $3.66B $CCHWF $2.48B $AYRWF $1.84B* $HRVSF $1.58B $JUSHF $1.41B $PLNHF $1.39B $ACRHF $932M $FFNTF $810M $MRMD $366M $VREOF $351M $INDXF $257M $CXXIF $158M Source: BMO" [X Link](https://x.com/sammyj_19/status/1353566041486618624) 2021-01-25T04:51Z [----] followers, [--] engagements "Winner of the best #cannabis analyst note title goes to Craig-Hallum: "Smoke 'Em If You've Got 'Em. The Time To Act Is Now As Congress Prepares Legalization Bill" "we believe there's significant upside in Tier [--] Operators. $VREOF $FFNTF $CXXIF $HARVF $JUSHF & $PLTHF"" [X Link](https://x.com/sammyj_19/status/1356681352947634176) 2021-02-02T19:10Z [----] followers, [--] engagements "EVs of #cannabis thru 02/07/21 in USD ($0.78): $CURLF $11.33B $GTBIF $7.32B $CRBLF $6.00B $TCNNF $5.81B $TRSSF $3.86B $CCHWF $2.66B $AYRWF $2.12B* $HRVSF $1.81B $JUSHF $1.72B $PLNHF $1.55B $ACRHF $974M $FFNTF $944M $VREOF $487M $MRMD $328M $INDXF $278M $CXXIF $158M Source:BMO" [X Link](https://x.com/sammyj_19/status/1358661960905220096) 2021-02-08T06:20Z [----] followers, [--] engagements "EVs for $MSOs (thru 02/26/21 in USD): $CURLF $11.61B $GTBIF $7.24B $VRNOF $6.45B $CRLBF $5.88B $TCNNF $5.85B $TRSSF $3.63B $AYRWF $2.46B $CCHWF $2.45B $HRVSF $1.77B $JUSHF $1.54B $PLNHF $1.20B $FFNTF $1.09B $ACRHF $1.04B $VREOF $454M $CXXIF $179M Source: BMO" [X Link](https://x.com/sammyj_19/status/1366124642054901762) 2021-02-28T20:34Z [----] followers, [--] engagements "Some profitability metrics for #cannabis operators last quarter reported: Adj. EBITDA Margin: $TCNNF 50% $AYRWF 42% $TRSSF 35% $GTBIF 34% $VEXTF 33% $FFNTF 30% $CRLBF 30% $CXXIF 28% $PLNHF 26% $TIUMF 35% $CURLF 23% $HBORF 20% $HRVSF 17% $INDXF 16% $JUSHF 8% $CCHWF 6%" [X Link](https://x.com/sammyj_19/status/1366124643195772941) 2021-02-28T20:34Z [----] followers, [--] engagements "cont'd metrics for #cannabis last Q: CFO Margin (Cash Flow from Operations): $CXXIF $CXXI 33% $INDXF $INDS 32% $AYRWF $AYR 29% $VEXTF $VEXT 29% $PLNHF $PLTH 17% $CRLBF $CL 12% $CNTMF $TIUM 10% $GTBIF $GTII 7% $HBORF $HBOR 3% $HRVSF $HARV 2% Source: Beacon Q3 Cash Flow Report" [X Link](https://x.com/sammyj_19/status/1366124644361785348) 2021-02-28T20:34Z [----] followers, [--] engagements "EVs of #cannabis thru 3/12/21 in USD($0.80): $CURLF $11.58B $GTBIF $7.60B $VRNOF $6.59B $TCNNF $6.23B $CRBLF $5.56B $TRSSF $3.04B $AYRWF $2.32B $CCHWF $2.28B $HRVSF $1.75B $JUSHF $1.46B $PLNHF $1.17B $ACRHF $1.03B $FFNTF $910M $VREOF $433M $INDXF $389M $CXXIF $179M Source:BMO" [X Link](https://x.com/anyuser/status/1371544601052479489) 2021-03-15T19:31Z [----] followers, [---] engagements "% of 52wk-high thru Mar. 12th: $TRUL 92% $AYR 91% $GTII 86% $CURA 85% $MSOS 84% $HARV 82% $VRNO 82% $CCHW 79% $VREO 78% $ACRG 76% $CXXI 76% $JUSH 76% $PLTH 76% $CL 75% $LOWL 75% $VRNO 74% $GRWG 72% $RIV 72% $TER 71% $FFNT 69% $GRAM 67%" [X Link](https://x.com/sammyj_19/status/1371544603330015238) 2021-03-15T19:31Z [----] followers, [--] engagements "12-month performance thru Mar 12th (next week's update will be from exactly Mar. 19th all-time sector lows): $VREO 756% $LOWL 716% $GTII 646% $TRUL 605% $CXXI 588% $JUSH 575% $TER 490% $PLTH 452% $FFNT 435% $AYR.a 402% $CL 379% $CURA 281% $HARV 233% $CCHW 228% $ACRG 208%" [X Link](https://x.com/sammyj_19/status/1371544606186278919) 2021-03-15T19:31Z [----] followers, [--] engagements "Chart of the Week: Small MSOs vs. Large MSOs $MRMD $CXXIF $CXXI $STMH $STEM $HBORF $HBOR $SHWZ $CURLF $CURA $GTBIF $GTII $TCNNF $TRUL $CRLBF $CL $TRSSF $TER Not surprising Beta outperformed given asymmetrical #cannabis if you can stomach the ride. https://www.benzinga.com/markets/cannabis/21/03/20180371/viridian-chart-of-the-week-small-under-covered-cannabis-operators-outperform-large-msos-ytd https://www.benzinga.com/markets/cannabis/21/03/20180371/viridian-chart-of-the-week-small-under-covered-cannabis-operators-outperform-large-msos-ytd" [X Link](https://x.com/sammyj_19/status/1371858350888120323) 2021-03-16T16:18Z [----] followers, [--] engagements "EVs of #cannabis thru 7/04/21 in USD($0.81): $CURLF $10.35B $GTBIF $7.24B $TCNNF+ $5.73B $VRNOF $4.89B $CRBLF $3.44B $TRSSF $3.20B $AWWH $2.53B $AYRWF $2.15B $CCHWF $1.93B $JUSHF $1.39B $PLNHF $1.26B $FFNTF $905M $ACRHF $657M $GDNSF $382M $MRMD $364M $CXXIF $130M Source:BMO" [X Link](https://x.com/sammyj_19/status/1412126577551364103) 2021-07-05T19:09Z [----] followers, [--] engagements "FYI here's the list link incl. #cannabis stocks now available on WealthSimple: $AYR.a $CL $CURA $CXXI $FFNT $GAGE $GDNS $GTII $HARV $HBOR $JUSH $LOWL $MSOS $RWB $SLNG $SOL $TER $TILT $TIUM $TRUL $VEXT $VRNO MIA are $ACRG.a $CCHW $GRAM $GLAS.a $PLTH https://help.wealthsimple.com/hc/en-ca/articles/360056580354-New-listings-on-Wealthsimple-Trade I'm told WealthSimple now listing CSE stocks. https://help.wealthsimple.com/hc/en-ca/articles/360056580354-New-listings-on-Wealthsimple-Trade I'm told WealthSimple now listing CSE stocks" [X Link](https://x.com/sammyj_19/status/1425162365532786694) 2021-08-10T18:29Z [----] followers, [--] engagements "1. Public Cannabis Operators Peer Comp Table: Cash Flow from Operations (trailing twelve months) $VRNOF $GTBIF $TCNNF $TRSSF $CRLBF $MRMD $CXXIF $AYRWF $TLLTF $CNTMF $VEXTF $JUSHF $PLNHF $HBORF $SHWZ $FFNTF $SLGWF $LOWLF $GAEGF $FLOOF $GDNSF $HRVSF $CCHWF $ACRHF $RWBYF $CURLF" [X Link](https://x.com/anyuser/status/1427116530932801538) 2021-08-16T03:54Z [----] followers, [---] engagements "Public Cannabis Operators Peer Comp Table: Cash Flow from Ops. Updated Q2: $TRSSF $MRMD $AYRWF $FFNTF $SHWZ $LOWLF $CCHWF MCs/EVs thru Aug. [--] $VRNOF $GTBIF $TCNNF $CRLBF $CXXIF $TLLTF $CNTMF $VEXTF $JUSHF $PLNHF $HBORF $SLGWF $GAEGF $FLOOF $GDNSF $HRVSF $ACRHF $RWBYF $CURLF" [X Link](https://x.com/sammyj_19/status/1429865584599126017) 2021-08-23T17:58Z [----] followers, [--] engagements "Cannabis Comp Table: Cash Flow from Operations Updated Q2: $VEXTF $TLLTF $JUSHF $PLNHF $SLGWF $CNTMF $GAEGF Merged: $TCNFF + $HRVSF $VRNOF $GTBIF $TRSSF $MRMD $CRLBF $CXXIF $AYRWF $HBORF $SHWZ $LOWLF $FFNTF $FLOOF $GDNSF $CCHWF $RWBYF $ACRHF $CURLF Price thru Aug 27" [X Link](https://x.com/anyuser/status/1432181322215272455) 2021-08-30T03:20Z [----] followers, [--] engagements "Cannabis Comp Table: Cash Flow from Operations Updated Q2: $HBORF $RWBYF Merged: $TRSSF + $GAEGF $VRNOF $GTBIF $TCNNF + $HRVSF $MRMD $CRLBF $CXXIF $VEXTF $TLLTF $AYRWF $JUSHF $PLNHF $SHWZ $LOWLF $SLGWF $CNTMF $FFNTF $FLOOF $GDNSF $CCHWF $ACRHF $CURLF Price thru Sept 06" [X Link](https://x.com/sammyj_19/status/1435092192935170055) 2021-09-07T04:06Z [----] followers, [--] engagements "FD ITM MCs: $CURLF $7.07B $TCNNF $4.76B $GTBIF $4.65B $VRNOF $3.68B $CRBLF $3.14B $TRSSF+ $2.21B $AYRWF $1.54B $CCHWF $1.26B $JUSHF $997M $PLNHF $783M $FFNTF $715M $GLASF $326M $GRAMF $325M $SHWZ $277M $MRMD $261M $LOWLF $222M $CNTMF $215M $GDNSF $185M $VEXTF $100M $CXXIF $63M" [X Link](https://x.com/sammyj_19/status/1454153133958090763) 2021-10-29T18:28Z [----] followers, [--] engagements "@ccinvest2 Impressive considering the insane tax burden & cost of capital. Imagine $GTBIF's cash flow in a post-280e world. Updating my CF table for Q3 now but trying to normalize 280e is a slog. FWIW $CXXIF's TTM cash flow multiple (after-tax) is currently lowest in the industry at 8.0x" [X Link](https://x.com/sammyj_19/status/1458632064832471041) 2021-11-11T03:05Z [----] followers, [--] engagements "#cannabis MCs thru 11/19 in US$0.79: $CURLF $7.25B $TCNNF $5.34B $GTBIF $5.15B $VRNOF $3.88B $CRBLF $3.60B $TRSSF+ $2.16B $AYRWF $1.45B $AWWH $1.18B $CCHWF $1.17B $JUSHF $1.03B $PLNHF $848M $FFNTF $735M $ACRHF $269M $MRMD $266M $GRAMF $244M $GDNSF $215M $CXXIF $71M Source:BMO" [X Link](https://x.com/sammyj_19/status/1462630975658237955) 2021-11-22T03:56Z [----] followers, [--] engagements "$CURA the biggest #cannabis operator on the planet has traded [----] shares today on the CSE. $AYR.a & $FFNT have traded [--]. So what drives the sector Not the massive "CIBC" retail army counter theory posited earlier this week Unless they're all busy celebrating turkey day" [X Link](https://x.com/sammyj_19/status/1463887883790692355) 2021-11-25T15:10Z [----] followers, [--] engagements "FD ITM MCs thru 12/05 in USD: $CURLF $6.92B $GTBIF $4.89B $TCNNF $4.83B $VRNOF $3.82B $CRBLF $3.43B $TRSSF+ $2.38B $CCHWF $1.21B $AYRWF $1.15B $JUSHF $1.03B $AAWH $998M $FFNTF $707M $PLNHF $664M $GLASF $285M $GRAMF $218M $GDNSF $201M $LOWLF $128M $CXXIF $64M Source: BMO/Stoic" [X Link](https://x.com/sammyj_19/status/1467716398478675976) 2021-12-06T04:43Z [----] followers, [--] engagements "MCs thru 12/12 in USD: $CURLF $6.93B $GTBIF $5.18B $TCNNF $4.66B $VRNOF $3.85B $CRBLF $3.13B $TRSSF+ $2.35B $CCHWF $1.20B $AAWH $1.03B $AYRWF $1.03B $JUSHF $1.02B $FFNTF $710M $PLNHF $650M $MRMD $255M $ACRHF $226M $GDNSF $209M $GRAMF $204M $CNTMF $149M $CXXIF $62M Source: BMO" [X Link](https://x.com/sammyj_19/status/1470256658899165188) 2021-12-13T04:57Z [----] followers, [--] engagements "MCs thru 12/19 in USD: $CURLF $6.30B $GTBIF $4.55B $TCNNF $4.39B $VRNOF $3.49B $CRBLF $2.74B $TRSSF+ $2.44B $CCHWF $1.12B $AAWH $961M $JUSHF $922M $AYRWF $914M $FFNTF $677M $PLNHF $598M $MRMD $243M $ACRHF $215M $GDNSF $198M $GRAMF $186M $CNTMF $148M $CXXIF $61M Source: BMO" [X Link](https://x.com/sammyj_19/status/1472792882503368712) 2021-12-20T04:56Z [----] followers, [--] engagements "As we ring in a New Year in #cannabis MCs thru 12/31 in USD: $CURLF $6.55B $GTBIF $5.23B $TCNNF $4.76B $VRNOF $4.15B $CRBLF $2.73B $TRSSF+ $2.38B $AYRWF $1.14B $CCHWF $1.08B $JUSHF $874M $FFNTF $708M $PLNHF $642M $GDNSF $259M $ACRHF $216M $GRAMF $155M $CXXIF $60M Source: BMO" [X Link](https://x.com/sammyj_19/status/1478048878008188936) 2022-01-03T17:01Z [----] followers, [--] engagements "Is Viridian's contrarian thesis playing out in the markets Both YTD & 6month #cannabis returns. Worth noting this was the case in the previous sector bull run: $CURA $GTII $TRUL $VRNO $CL $TER $CCHW $AYR $JUSH $AAWH $FFNT $PLTH $GLAS $GRAM $GDNS $MRMD $SHWZ $LOWL $VEXT $CXXI 2/ "We continue to favor small and medium sized operators in US cannabis that have solid businesses on their own which can provide long term growth cash generation and profits but are also viable takeout candidates." 2/ "We continue to favor small and medium sized operators in US cannabis that have solid businesses on" [X Link](https://x.com/sammyj_19/status/1508147049967063045) 2022-03-27T18:20Z [----] followers, [--] engagements "1/ More from Viridian with an 👀 update on their contrarian thesis: "While stock returns were down overall in Q1 the stocks of smaller and medium sized operators outperformed significantly on a relative basis" $HBORF $GLASF $TLLTF $GDNSF $LOWLF $SHWZ $ACRHF $CXXIF $CCHWF $GNRS" [X Link](https://x.com/sammyj_19/status/1513568385556271115) 2022-04-11T17:23Z [----] followers, [--] engagements "Off 6mo. highs: $TER -29% $CXXI -43% $GTII -43% $VRNO -46% $CURA -46% $FFNT -47% $JUSH -47% $CL -48% $MSOS -49% $TRUL -51% $PLTH -55% $AYR -64% $LOWL -71% $GRAM -72% BTC -41% FB -47% BABA -53% ARKK -58% SNAP -61% PINS -66% NFLX -69% SHOP -73% HOOD -74% RBLX -76% PTON -79%" [X Link](https://x.com/sammyj_19/status/1517361992889253888) 2022-04-22T04:37Z [----] followers, [--] engagements "@MitchellOsak @WeedStreet420 No doubt lack of buyers whether custodial issues/illiquid exchanges is the biggest hurdle. 99% of investing public won't touch CSE/OTC. But these mechanics are also the reason we went to ATHs with min. buyers. Algos are active short/passive buy winning due to broken mechanics" [X Link](https://x.com/sammyj_19/status/1546330486884241408) 2022-07-11T03:08Z [----] followers, [--] engagements "Big news for #cannabis with potentially very positive implications for legal Operators: Statehouse (formerly Harborside) just had its legacy IRS 280E bill reduced from $22.1M to $5.8M with payment schedule of only $50k per month for the next [---] months: https://www.prnewswire.com/news-releases/statehouse-holdings-inc-formerly-harborside-inc-announces-agreement-with-irs-to-resolve-and-reduce-legacy-280e-federal-tax-obligations-related-to-harborside-301595520.html" [X Link](https://x.com/anyuser/status/1552702266481811456) 2022-07-28T17:07Z [----] followers, [---] engagements "1/ Zooming out can be useful in #cannabis as short-term price action is often outsized due to CSE/OTC. e.g $VRNOF midrange on 1yr returns of $MSOS tracking basket. If you zoom further out to 2yr returns basket range is remarkably tight as sector trades in unison (vs. $MJ): $VRNOF is a great example of how a company can execute near perfectly on an operational level but due to a few clerical financial errors be one of the worst sector stock performers. Some will take the stock getting crushed as a buying op (me) and others will wave the white flag. $VRNOF is a great example of how a company" [X Link](https://x.com/sammyj_19/status/1555657804777750528) 2022-08-05T20:51Z [----] followers, [--] engagements "$MSOS 🌿👈basket=$15.9B: FD ITM MC: $CURLF $4.18B $GTBIF $2.81B $CRLBF + $CCHWF $2.30B $TCNNF $2.13B $VRNOF $1.83B $TRSSF $528M $JUSHF $378M $AYRWF $336M $PLNHF $271M $FFNTF $264M $GLASF $260M $MRMD $211M $ACRDF $203M $GDNSF $63M $GRAMF $49M $VEXTF $31M $CXXIF $25M $LOWLF $23M 1/ $MSOS 🌿👈basket=$16.8B: FD ITM MC: $CURLF $4.34B $GTBIF $2.63B $CRLBF + $CCHWF $2.53B $TCNNF $2.40B $VRNOF + $GDNSF $2.20B $TRSSF $553M $JUSHF $456M $FFNTF $372M $PLNHF $357M $AYRWF $319M $MRMD $229M $GLASF $136M $ACRDF $111M $GRAMF $84M $VEXTF $42M $CXXIF $35M $LOWLF $28M 1/ $MSOS 🌿👈basket=$16.8B: FD ITM MC:" [X Link](https://x.com/sammyj_19/status/1584529287000240128) 2022-10-24T12:56Z [----] followers, [--] engagements "$MSOS 🌿👈basket=$17.2B: FD ITM MC: $CURLF $4.87B $GTBIF $3.23B $TCNNF $2.39B $CRLBF + $CCHWF $2.12B $VRNOF $1.91B $TRSSF $575M $JUSHF $475M $GLASF $342M $FFNTF $282M $PLNHF $270M $AYRWF $226M $ACRDF $212M $MRMD $178M $GDNSF $56M $GRAMF $31M $CXXIF $26M $LOWLF $25M $VEXTF $24M $MSOS 🌿👈basket=$15.9B: FD ITM MC: $CURLF $4.18B $GTBIF $2.81B $CRLBF + $CCHWF $2.30B $TCNNF $2.13B $VRNOF $1.83B $TRSSF $528M $JUSHF $378M $AYRWF $336M $PLNHF $271M $FFNTF $264M $GLASF $260M $MRMD $211M $ACRDF $203M $GDNSF $63M $GRAMF $49M $VEXTF $31M $CXXIF $25M $LOWLF $23M $MSOS 🌿👈basket=$15.9B: FD ITM MC: $CURLF" [X Link](https://x.com/sammyj_19/status/1594716883215077376) 2022-11-21T15:38Z [----] followers, [--] engagements "4. $MSOS 2H '22 (6mo.) returns: $GTII +17.2% $CURA -7.5% $MRMD -21.0% $CL -22.7% $ACRG -25.4% $CXXI -27.8% $TRUL -30.4% $GLAS -31.9% $VEXT -37.7% $VRNO -41.2% $CCHW -41.7% $JUSH -44.3% $PLTH -46.8% $LOWL -50.0% $TER -50.0% $FFNT -54.4% $AYR -73.6% $GRAMF -77.5% $GDNS -85.3%" [X Link](https://x.com/sammyj_19/status/1608955973741473792) 2022-12-30T22:39Z [----] followers, [----] engagements "JAN '23 $MSOS 🌿👈basket: FD ITM MC: $CURLF $3.17B $GTBIF $2.14B $TCNNF $1.41B $CRLBF + $CCHWF $1.18B $VRNOF $1.09B $TRSSF $399M $GLASF $160M $JUSHF $148M $FFNTF $147M $PLNHF $137M $MRMD $122M $ACRDF $100M $AYRWF $93M $VEXTF $27M $GDNSF $24M $CXXIF $23M $GRAMF $16M $LOWLF $16M $MSOS 🌿👈basket=$17.2B: FD ITM MC: $CURLF $4.87B $GTBIF $3.23B $TCNNF $2.39B $CRLBF + $CCHWF $2.12B $VRNOF $1.91B $TRSSF $575M $JUSHF $475M $GLASF $342M $FFNTF $282M $PLNHF $270M $AYRWF $226M $ACRDF $212M $MRMD $178M $GDNSF $56M $GRAMF $31M $CXXIF $26M $LOWLF $25M $VEXTF $24M $MSOS 🌿👈basket=$17.2B: FD ITM MC: $CURLF" [X Link](https://x.com/sammyj_19/status/1610280917787983872) 2023-01-03T14:24Z [----] followers, [----] engagements "2. Source: Stoic $MSOS FD ITM EVs: $CURLF $4.12B $GTBIF $2.24B $TCNNF $2.15B $CRLBF + $CCHWF $2.05B $VRNOF $1.49B $TRSSF $590M $AYRWF $539M $JUSHF $445M $FFNTF $351M $ACRDF $276M $GLASF $241M $MRMD $180M $GDNSF $121M $PLNHF $89M $LOWLF $75M $VEXTF $51M $CXXIF $35M $GRAMF $16M" [X Link](https://x.com/sammyj_19/status/1610298615418724352) 2023-01-03T15:34Z [----] followers, 12.2K engagements "@junglejava1" [X Link](https://x.com/sammyj_19/status/1636134962813448193) 2023-03-15T22:39Z [----] followers, [---] engagements "$MSOS FD ITM EVs: $CURLF $2.78B $GTBIF $1.82B $CRLBF + $CCHWF $1.78B $TCNNF $1.75B $VRNOF $1.41B $TRSSF $723M $AYRWF $431M $JUSHF $394M $FFNTF $343M $GLASF $315M $ACRDF $277M $MRMD $193M $PLNHF $124M $GDNSF $116M $VEXTF $74M $LOWLF $53M $CXXIF $38M $GRAMF $1M Source: Stoic [--]. Source: Stoic $MSOS FD ITM EVs: $CURLF $4.12B $GTBIF $2.24B $TCNNF $2.15B $CRLBF + $CCHWF $2.05B $VRNOF $1.49B $TRSSF $590M $AYRWF $539M $JUSHF $445M $FFNTF $351M $ACRDF $276M $GLASF $241M $MRMD $180M $GDNSF $121M $PLNHF $89M $LOWLF $75M $VEXTF $51M $CXXIF $35M $GRAMF $16M https://t.co/gIpzgcuneD [--]. Source: Stoic $MSOS" [X Link](https://x.com/sammyj_19/status/1647764272624152576) 2023-04-17T00:49Z [----] followers, 22.4K engagements "Viridian Capital Chart of the Week: "The chart shows the Tax Adjusted Debt to Market Cap of the [--] Cultivation & Retail sector cos. in the Viridian Credit Tracker database with market caps above $20M." "Debt/Market Cap is the best one-number indicator of credit quality."" [X Link](https://x.com/sammyj_19/status/1650548405456842774) 2023-04-24T17:13Z [----] followers, [----] engagements "1. "The Viridian Weekly Credit Report focuses on the [--] U.S. Cultivation & Retail companies with market caps between $25M and $100M. We are looking for solid credits that may be below the radar due to their size. Our top three choices are Vext.Schwazze.and C21 Investments."" [X Link](https://x.com/sammyj_19/status/1654233925806374913) 2023-05-04T21:17Z [----] followers, [----] engagements "2. "Vext and Schwazze have solid liquidity and low leverage. C21 has a lower liquidity score but makes up for it with the lowest leverage score of the group. All three have over 25% EBITDA margins in the latest quarter and positive funds from operation." $CXXIF $VEXTF $SHWZ" [X Link](https://x.com/sammyj_19/status/1654233936724209669) 2023-05-04T21:17Z [----] followers, [---] engagements "@S_Andreoni It's a different algo part of Nomura. They've been on all basket names for some time. Looks like they run pretty neutral. YTD on $TER about a half mil bought & sold with a 3cent spread" [X Link](https://x.com/sammyj_19/status/1659655587137724453) 2023-05-19T20:21Z [----] followers, [--] engagements "@Abby60388610 @Sam95402386 @shompzilla @RyanFeola1 @J_Invests24 I remember WEED hit $30B MC. ACB was $10-15B MC for a while on coke rumors. TGOD hit $2B more than GTI is worth now and they didn't have a plant in the ground except for mums. Even complete scams like ISOD & HUGE hit $1B more than TRUL currently. Crazy times both then & now" [X Link](https://x.com/sammyj_19/status/1659735603053838337) 2023-05-20T01:39Z [----] followers, [---] engagements "Viridian Capital Chart of the Week: Does the Lack of Trading Liquidity Inhibit Capital Raising "The graphs bars show the average daily dollar trading volume for sixteen of the largest U.S. MSOs and five of the largest Canadian LPs from 1/1/23 through 5/19/23."" [X Link](https://x.com/sammyj_19/status/1660768979093159936) 2023-05-22T22:05Z [----] followers, [----] engagements "2. "Note: both Tilray.and Canopy Growth.have higher trading volume than shown on the graph at $17.5M and $17.6M respectively." "The green line on the chart shows the market cap divided by the average dollar volume or the days required to trade the companys market cap."" [X Link](https://x.com/sammyj_19/status/1660768982666805248) 2023-05-22T22:05Z [----] followers, [----] engagements "3. Just my two cents but it's also worth noting that Viridian doesn't take into account the material amount of double prints that occur between the CSE & OTC. U.S. cannabis volumes are even lower than shown" [X Link](https://x.com/sammyj_19/status/1660769745778483201) 2023-05-22T22:08Z [----] followers, [---] engagements "@stock_mj Down almost 20% AHs" [X Link](https://x.com/sammyj_19/status/1661831939400122370) 2023-05-25T20:29Z [----] followers, [--] engagements "2. "A re-equitization is needed. However the group is now trading at an enterprise value of only $12B down from $38B on Memorial Day [----] and EV/LTM EBITDA is 6.8x compared to well over 20x in [----]. Given its growth prospects the industry is incredibly cheap."" [X Link](https://x.com/sammyj_19/status/1663600409330548736) 2023-05-30T17:37Z [----] followers, [---] engagements "3. ".but the issue is the catalyst. SAFE Rescheduling/ Descheduling 280e reform None of them seem tangibly close. In the near term debt remains the only game in town but there are limits. Careful credit analysis is more critical in cannabis investing than ever."" [X Link](https://x.com/sammyj_19/status/1663600412518219776) 2023-05-30T17:37Z [----] followers, [---] engagements "@ma_choiniere They are certainly the most investable especially for larger investors who need scale/better liquidity. But there are certainly smaller operators $50M MCs who consistently generate +FCF and are low leverage" [X Link](https://x.com/sammyj_19/status/1663603372832727040) 2023-05-30T17:48Z [----] followers, [---] engagements "4. Given the lack of incremental/sustained bid in the underlyings it's possible the MMs would redistribute by selling the other names but the reality is the active sell algo would also just push GTI back down once buying subsided" [X Link](https://x.com/sammyj_19/status/1665418869073141761) 2023-06-04T18:02Z [----] followers, [---] engagements "5. The only size buyers around that can run over the algo given CSE/OTC illiquidity are the ETF's market makers. ie. Think of how everyone in the tracking basket was up 30% Oct 6th when $MSOS jumped 30%/11M vol. in 1hr on Biden's rescheduling news. That was mostly the MMs doing" [X Link](https://x.com/sammyj_19/status/1665418871312875521) 2023-06-04T18:02Z [----] followers, [---] engagements "8. So for critics of the ETF who hold any of its names you're shooting yourself in the foot when you suggest $MSOS isn't a buy but X co. is. Anyone who's a sector bull on whatever name should want the ETF to go higher as it's the easiest way for your investment to do the same./" [X Link](https://x.com/sammyj_19/status/1665418879105916932) 2023-06-04T18:02Z [----] followers, [----] engagements "Starting to notice a trend here: i.e. consistent +arb (premium to IV) in a tight range (IMO sophisticated size ETF buyer) & $MSOS trading 200%+ of the combined notional of the underlyings Saw something very similar in the wks leading into Dec. NDAA before.well you know" [X Link](https://x.com/sammyj_19/status/1678457806523867136) 2023-07-10T17:45Z [----] followers, 13.2K engagements "$MSOS dragged tracking basket red to green on $10M+ notional traded final hour which is more than combined underlying's $ vol. all day. Timed that trend update👇 earlier pretty well 😂 In case you're still unsure what drives sector price action (hint: it's not CSE/OTC retail). Trend continues with both +arb & relative notional vol. of $MSOS (250% of combined PT basket). Underlyings continue to lack any real bid as the ETF now outperforms its [--] biggest weightings YTD. Tune in to @mayortoby spaces @ 5pm where we'll touch on all things sector-related. https://t.co/jRyNcvwR75 Trend continues with" [X Link](https://x.com/sammyj_19/status/1679584065828077568) 2023-07-13T20:10Z [----] followers, [----] engagements "@EstimatedProp13 IMO easy to lean 🐻 when the sector is -90% from ATHs performance is completely tethered to reform catalysts is going through boom/bust cycle of emerging industry supply/demand has its hands tied behind its back with punitive 280E & CoC etc. Price often dictates narrative" [X Link](https://x.com/sammyj_19/status/1682400202529939457) 2023-07-21T15:49Z [----] followers, [---] engagements "@BalanJason @ItsJakePerry @TravisBrendan2 @lancefinlinson No. But regulators are asleep in and/or don't want to admit it's commonplace under their watch as then they'd have to do something about it. In the Dodd-Frank Act defined spoofing as"the illegal practice of bidding or offering with intent to cancel before execution"" [X Link](https://x.com/sammyj_19/status/1685086762257772545) 2023-07-29T00:36Z [----] followers, [--] engagements "@empax1 Even EBITDA proper doesn't make sense in a 280E/CoC world but AEBITDA is a meaningless metric. The fact that industry analysts still use it to comp multiples (thereby forcing cos. to abide) is beyond lazy at this point. IMO need a GTI to just omit it to change the trend" [X Link](https://x.com/sammyj_19/status/1691962488391397482) 2023-08-16T23:57Z [----] followers, [---] engagements "1/ Viridian: ".focuses on screening for investible small Cultivation & Retail sector companies. We selected companies with between $5M and $50M of market cap under 2x debt/market cap and over .9x free cash flow adjusted current ratios." $CXXIF $GRUSF $VEXTF $AVNT $DB $ROMJ" [X Link](https://x.com/sammyj_19/status/1692622205308313746) 2023-08-18T19:39Z [----] followers, [----] engagements "2. "These companies are not excessively levered and have sufficient liquidity to survive the current downturn without outside financing. The screen revealed six companies evenly split between Canadian and U.S. The median market-to-tangible book for the group is .95x."" [X Link](https://x.com/sammyj_19/status/1692622208936394872) 2023-08-18T19:39Z [----] followers, [---] engagements "@tsegerblom C21 cancelled 4% of our fully diluted stack back in Feb. with a synthetic buyback using our +FCF. AYR also announced one a while back. But yes this is the first buyback of a leading MSO/Tier [--]. Kudos to @Bkov9 for continuing to be the leading steward of capital in the space" [X Link](https://x.com/sammyj_19/status/1699028748178518356) 2023-09-05T11:56Z [----] followers, [---] engagements "FWIW here's a great resource/link on understanding ETFs for those trying to understand the dynamics of $MSOS:" [X Link](https://x.com/sammyj_19/status/1700502550309376211) 2023-09-09T13:32Z [----] followers, [----] engagements "@iancassel @ObieStrickler Cannabis is probably an outlier here as we have add. costs associated with compliance/legal/audit since we have to navigate such patchwork regs & the dichotomy of state legal/federal offsides. FWIW Obie's co. is the other +FCF little guy like C21 keeping costs buttoned up" [X Link](https://x.com/sammyj_19/status/1703531419295678934) 2023-09-17T22:08Z [----] followers, [---] engagements "@ObieStrickler @iancassel An e.g of such outlier costs is D&O which I know was excluded in this piece with justifiable reasoning but a satisfactory D&O in cannabis is probably 5x min. what it is for a normal small company so privates in the industry are less likely to take this expense on" [X Link](https://x.com/sammyj_19/status/1703534154363683237) 2023-09-17T22:19Z [----] followers, [---] engagements "@S_Andreoni Nothing has changed quite literally which is a double-edged sword as it means structurally the space is still very deficient. They know this. Until reform actually passes custody opens up and we see a sustained bid/larger investor pool they can keep running their playbook" [X Link](https://x.com/sammyj_19/status/1704200187780948434) 2023-09-19T18:26Z [----] followers, [----] engagements "@ItsJakePerry @mayortoby Apologies if that was your takeaway. Big bull but feel measured expectations are best after the past 2.5yrs. Cos. need to backfill fundamentals so any reform rerate is sustained. The gang is exhausted & we need more investors. Tons to be optimistic about but it will take time" [X Link](https://x.com/sammyj_19/status/1704276198598103211) 2023-09-19T23:28Z [----] followers, [--] engagements "@JGriesler And yet where the heck did the volume go Looks like a summer holiday out there this a.m. yet another e.g. of my theory that the majority of vol. in the underlyings is driven by ETF arb/CSE algo (nothing to amplify today). The investor pool is far smaller than folks realize" [X Link](https://x.com/sammyj_19/status/1705218235031851186) 2023-09-22T13:51Z [----] followers, [---] engagements "FWIW they are at the top on my list of who potentially runs the CSE algo. With fines so immaterial (vs. $16B in profit in '22 the largest ever by a hedge fund) why not" [X Link](https://x.com/sammyj_19/status/1705229640145535156) 2023-09-22T14:36Z [----] followers, [----] engagements "@MeridaCap Absolutely Mitch. I've been shouting this to anyone who will listen for a long time and have collected a ton of data over the past few yrs on how it plays out on the CSE and why it's so impactful on the illiquid underlyings" [X Link](https://x.com/sammyj_19/status/1705237363809505393) 2023-09-22T15:07Z [----] followers, [----] engagements "Oh did I mention end of day 3:59:59pm tickdowns Exhibit A: PLTH was trading green and C$1.11 at 3:59pm. Last CSE trade C$0.88 likely by the dreaded "CIBC" algo. 20% wiped out on a quarter billion dollar company with C$9k of CSE trades" [X Link](https://x.com/sammyj_19/status/1705318233731903964) 2023-09-22T20:28Z [----] followers, [--] engagements "$MSOS FD ITM EVs: $CURLF $4.38B $GTBIF $2.77B $VRNOF $2.08B $TCNNF $1.88B $CRLBF $1.47B $TRSSF $973M $CCHWF $884M $AYRWF $756M $GLASF $431M $JUSHF $410M $FFNTF $390M $ACRDF $267M $MRMD $247M $PLNH $179M $VEXTF $79M $GDNSF $75M $LOWLF $60M $GRUSF $54M $CXXIF $45M Source: Stoic $MSOS FD ITM EVs: $CURLF $2.78B $GTBIF $1.82B $CRLBF + $CCHWF $1.78B $TCNNF $1.75B $VRNOF $1.41B $TRSSF $723M $AYRWF $431M $JUSHF $394M $FFNTF $343M $GLASF $315M $ACRDF $277M $MRMD $193M $PLNHF $124M $GDNSF $116M $VEXTF $74M $LOWLF $53M $CXXIF $38M $GRAMF $1M Source: Stoic https://t.co/JSyFBcgpad $MSOS FD ITM EVs: $CURLF" [X Link](https://x.com/sammyj_19/status/1706116116739760380) 2023-09-25T01:19Z [----] followers, 13.3K engagements "This👇👇 Actually down more than the ETF on most timeframes. Add to the list $SHWZ $CNTMF and the other operators not included in $MSOS. The answer is not a simple one and doesn't fit a neat conspiracy narrative unfortunately" [X Link](https://x.com/sammyj_19/status/1710722576509517853) 2023-10-07T18:23Z [----] followers, [----] engagements "FPA Crescent Fund AUM (as of 9/30/23): $9.2B As I stated on @mayortoby's spaces this has always been a big part of the bull thesis. The pool/MCs of investible public cannabis cos is so limited that if 100s of these sizable funds enter the space they'll likely envelop floats" [X Link](https://x.com/sammyj_19/status/1712842178857169338) 2023-10-13T14:46Z [----] followers, [----] engagements "SEC Adopts Rule to Increase Transparency into Short Selling" [X Link](https://x.com/sammyj_19/status/1712893178674606253) 2023-10-13T18:08Z [----] followers, [----] engagements "-institutional investors will have to report gross short positions monthly -SEC plans to publish aggregate stock-specific data -SEC requires institutional investors and other companies involved in lending stock as well as certain broker-dealers who borrow stocks to report info" [X Link](https://x.com/sammyj_19/status/1712894997253501173) 2023-10-13T18:16Z [----] followers, [---] engagements "3/IMO worth noting that credit improvement from issuing equity is still advantageous in this market but reducing debt from generating +FCF is more beneficial to shareholders. Ironic then that the best credit improvement noted YTD came from the one that issued no shares to do so" [X Link](https://x.com/sammyj_19/status/1714000653188493493) 2023-10-16T19:29Z [----] followers, [---] engagements "4/ $MSOS FD ITM MCs: $CURLF $3.06B $GTBIF $2.36B $VRNOF $1.54B $TCNNF $954M $CRLBF $751M $TRSSF $688M $CBSTF $344M $GLASF $326M $PLNH $237M $FFNTF $159M $JUSHF $153M $AYRWF $145M $MRMD $143M $GRUSF $69M $VEXTF $46M $CXXIF $36M $GDNSF $34M $ACRDF $30M Source: Stoic Oct. [--] //" [X Link](https://x.com/sammyj_19/status/1714000655843529113) 2023-10-16T19:29Z [----] followers, [----] engagements "@J_Invests24 $MSOS is the reason the underlyings have had any bid since Sched.III news as it trades at a constant premium generating a positive arb trade on the basket. That and with such a limited pool of investors in the space its notional traded is multiples of the entire basket combined" [X Link](https://x.com/sammyj_19/status/1714305571380232241) 2023-10-17T15:41Z [----] followers, 10K engagements "@ChartGuys @john_32748 There's some serious fundamental selling [--] of the big underlyings today. Not sure why. $MSOS has been trading at a constant premium/+arb all day vs. IV. It's being dragged down by its basket. It's why a tracking basket cos. w/o fundamental selling like us or FFNT are green today" [X Link](https://x.com/sammyj_19/status/1714718602828407234) 2023-10-18T19:02Z [----] followers, [----] engagements "Apathy for the underlyings at a relative unprecedented low 15min into trading today with $MSOS already at $10M notional traded 3000% higher than the [--] plant-touching underlyings combined at just $300k traded. 🤯" [X Link](https://x.com/sammyj_19/status/1715364687829692699) 2023-10-20T13:49Z [----] followers, [----] engagements "@TravisBrendan2 I know it's hard to believe given the price action but the underlyings have had nonstop offerside buying from ETF market makers thanks to the constant premium/+arb it has traded at since rescheduling news. Despite our echo chamber belief there are simply no fundamental buyers" [X Link](https://x.com/sammyj_19/status/1715368198634095013) 2023-10-20T14:03Z [----] followers, [---] engagements "@cannasseursio @TheDalesReport IMO the opposite is in effect. $MSOS is trading at a consistent premium to Intrinsic Value of its underlyings. The job of ETF market makers is to close this gap not widen it (by capturing the arb trade). Underlyings are bought all day by the MMs generating "in-kind" creates AHs" [X Link](https://x.com/sammyj_19/status/1716865661396529368) 2023-10-24T17:14Z [----] followers, [---] engagements "Worth a read on $MSOS/ETF mechanics from $CXXIF's Chairman - someone who has been on the leading front of market mechanics and arbitrage trading (current Chair of CDS 2nd largest depository in the world) for longer than most of us have been out of grade school:" [X Link](https://x.com/sammyj_19/status/1718980513254310093) 2023-10-30T13:17Z [----] followers, [----] engagements "@stock_mj @BrentMittleman Pretty sure it's something else. If you look at the docs that Bruiser posted about that fund closing their prime broker is CIBC which is who's buying the big [--]. Think it's just forced cover on this fund as this isn't the usual arb prints from $MSOS:" [X Link](https://x.com/sammyj_19/status/1719364783164522525) 2023-10-31T14:44Z [----] followers, [----] engagements "@lancefinlinson @TheDalesReport And just after I said that the +arb prints start. 😂" [X Link](https://x.com/sammyj_19/status/1719412880800440737) 2023-10-31T17:55Z [----] followers, [---] engagements "Great to chat about cannabis capital markets & reform with the Three Amigos on TDR yesterday. Looking forward to visiting again soon. 🙏" [X Link](https://x.com/sammyj_19/status/1720929711180656903) 2023-11-04T22:23Z [----] followers, [----] engagements "1/ Viridian Chart of the Week: "The top MSOs on the chart have largely fixed their [----] liquidity issues but investors should remain vigilant. Leverage has not been reduced; debt has been amended and extended. Re-equitization is still needed for the industrys long-term health."" [X Link](https://x.com/sammyj_19/status/1721601613326864868) 2023-11-06T18:53Z [----] followers, [----] engagements "2/ $MSOS FD ITM EVs: $CURLF $3.43B $GTBIF $2.40B $VRNOF $2.06B $TCNNF $1.60B $CRLBF $1.07B $TRSSF $793M $AYRWF $600M $CBSTF $530M $AAWH $465M $GLASF $412M $FFNTF $349M $JUSHF $358M $MRMD $188M $PLNH $181M $VEXTF $99M $GDNSF $80M $GRUSF $65M $CXXIF $37M Source: Stoic Nov. 03" [X Link](https://x.com/sammyj_19/status/1721601617307349361) 2023-11-06T18:53Z [----] followers, 12.6K engagements "@junglejava1 @todd_harrison Live shot of JW at the gym getting ready for the earnings call:" [X Link](https://x.com/sammyj_19/status/1722742864394756349) 2023-11-09T22:28Z [----] followers, [---] engagements "Just confirms everything I've been saying on spaces/podcasts/tweets for some time: There is simply no fundamental bid in the space for these CSE-listed canna pubcos. The majority of the remaining vol. we see is arb/algo. Custody solve is desperately needed. #nobodyshome" [X Link](https://x.com/sammyj_19/status/1724136849403150791) 2023-11-13T18:47Z [----] followers, [----] engagements "2/ Some context on just how illiquid these junior markets are: Notional traded as of 2pm just today: $TSLA $24B $NVDA $14B [---] CSE-listed securities COMBINED = $7.7M $3B for ALL of 2023" [X Link](https://x.com/sammyj_19/status/1724145479271800983) 2023-11-13T19:21Z [----] followers, [----] engagements "@codyhasdadjokes Look how many min. board lots trade CSE/dark (100 shares for stocks $1 [---] $1). "CIBC" A Citadel-type runs this blanket algo on illiquid names scalping pennies (look at bought/sold avgs. compared to anyone else). eg. GTI YTD nethouse by far maj. of vol. on a [--] cent scalp" [X Link](https://x.com/sammyj_19/status/1724151298264576015) 2023-11-13T19:44Z [----] followers, [---] engagements "In case folks have been scratching their heads on the disjointed price action in the space lately @boldux has been doing a great job covering the impactful (& fundamentally perplexing) $MJUS rebalance: @Abby60388610 Price action in the basket over the past wk or so has been entirely correlated to this $MJUS rebalance. It has negated any normal $MSOS arb flow. Shows how much influence one size buyer has. Unfortunately means that some new/fundamental buyers didn't actually bid up select names. @Abby60388610 Price action in the basket over the past wk or so has been entirely correlated to this" [X Link](https://x.com/sammyj_19/status/1725170401607561467) 2023-11-16T15:14Z [----] followers, [----] engagements "@stock_mj @Abby60388610 Whoever runs the index that these MJUS guys are tracking needs to have their head examined. Or they need to consider that price-weighted or MC/value-weighted doesn't work in this illiquid space where fundamental winners like GTI & TSND end up sold for flawed/overlevered Tier 2s" [X Link](https://x.com/sammyj_19/status/1725175040784617707) 2023-11-16T15:32Z [----] followers, [----] engagements "1/ Fascinating case/account to follow if you're interested in the outcome of David v. Goliath with regard to spoofing / predatory market making of an OTC biotech by the Citadel/Virtus of the world:" [X Link](https://x.com/sammyj_19/status/1725241003445985685) 2023-11-16T19:54Z [----] followers, [----] engagements "@DnbcLive Aside from MJUS selling the illogical PA speaks to the deficient market and to what I've described previously as a balloon squeeze where size buying in select underlyings (via MJUS recently) forces selling in others by MMs to balance out IV/price:" [X Link](https://x.com/sammyj_19/status/1725603658983723371) 2023-11-17T19:55Z [----] followers, [---] engagements "@Sagitta_47 IMO folks don't fully appreciate how deficient our space is. I harp on about no real bid but since there's 8fig. daily notional in the basket folks mistake PA as the market telling us something. Without the ETF & active sell/passive buy algo the space is mostly private equity" [X Link](https://x.com/sammyj_19/status/1727708892539277758) 2023-11-23T15:21Z [----] followers, [---] engagements "@cannasseursio @BluntSR1 @JGriesler Assuming they don't have another misstep like HARV (50% dilution for negative ROIC/balance sheet pain) they're probably the most binary Tier [--] given their FL market share. Big rerate/multiple expansion if AU passes in '24-'25 but if it doesn't they'd likely feel it the most" [X Link](https://x.com/sammyj_19/status/1729877821030629640) 2023-11-29T14:59Z [----] followers, [---] engagements "@hallamaniac07 @rmny1976 @Jayslightning79 @CameronMaybin When the Jays are legit contenders like [----] they smoked hockey in viewership because they are Canada's team:" [X Link](https://x.com/sammyj_19/status/1730416177220837443) 2023-12-01T02:39Z [----] followers, [--] engagements "How it feels being invested in cannabis with conviction -- unequivocally hostage to federal reform -- while watching everything else make new highs: You can borrow someone elses stock ideas but you cant borrow their conviction. Conviction can only be obtained by trusting your own research over that of others. Conviction is necessary because at multiple points with every multibagger it's going to be you against the world. You can borrow someone elses stock ideas but you cant borrow their conviction. Conviction can only be obtained by trusting your own research over that of others. Conviction" [X Link](https://x.com/anyuser/status/1731497516904989108) 2023-12-04T02:15Z [----] followers, [----] engagements "@CannaSzn @ruqqzter Buy program on TSND these inflow days. Above avg. TSX vol. is somewhat muting it. 1.2M vol. today in (400k CSE but another 770k ATS/dark which seems crazy). Don't watch TSX so don't know who's selling but buy program a smaller fraction of current vol" [X Link](https://x.com/sammyj_19/status/1732616238713434593) 2023-12-07T04:21Z [----] followers, [---] engagements "Yet another e.g. of how state-level reform and fundamental growth has little-to-no impact on the stocks currently (along with OH). The 2nd largest state finally lets the big MSOs sell adult use and they're red likely usurped by news that big bank CEOs don't care about SAFER" [X Link](https://x.com/sammyj_19/status/1733183684243607812) 2023-12-08T17:56Z [----] followers, [----] engagements "@cannasseursio @Rlov3ution Agreed but what fundamentals We've seen increasing sales means little w/o healthier balance sheets & delivering better earnings/FCF for SHs. Maybe we see another hype bubble with names @ 100x EV/aEBITDA again like '21 but it won't sustain & not likely from FL AU (or NJ/MD etc.)" [X Link](https://x.com/sammyj_19/status/1734625993476718815) 2023-12-12T17:27Z [----] followers, [---] engagements "@S_Andreoni The only thing that trades its own vol. in the entire space. Everyone else's vol. is driven buy arb/algo. Said it many times recently far fewer fundamental trades than people realize. Like you said the retail still left holds. Vendor paper is probably the main real seller left" [X Link](https://x.com/sammyj_19/status/1734736008652952014) 2023-12-13T00:44Z [----] followers, [---] engagements "@S_Andreoni FWIW looking at us is arguably the best proxy to PA drivers as we're the smallest MC in the tracking basket often w the fewest fundamental trades/houses. ie. ETF MM buy program on HHS/reform hope & now this week's MM sell program. Sprinkle in "CIBC" amplifying algo. Et Voil:" [X Link](https://x.com/sammyj_19/status/1734736735936938258) 2023-12-13T00:47Z [----] followers, [---] engagements "@stock_mj Now add the 30% NV cultivation tax $315 per lb and it's utterly amazing we've managed to generate 18Qs of +FCF after adjusting for tax for the period" [X Link](https://x.com/sammyj_19/status/1735301691552002455) 2023-12-14T14:12Z [----] followers, [---] engagements "1/ Canadas ATB Capital to Liquidate Failed Hedge Fund Traynor Ridge ".followed arbitrage strategies and had invested in a number of small-cap firms in the cannabis sector." ".fund was trading frantically in the early part of October."" [X Link](https://x.com/sammyj_19/status/1736598915795878329) 2023-12-18T04:07Z [----] followers, 15.3K engagements "2/ 👀 "ATB's significant experience as an equity trader of Canadian cannabis securities which comprise a substantial portion of TR1 Master Fund's investment portfolio;"" [X Link](https://x.com/sammyj_19/status/1736598928651346345) 2023-12-18T04:07Z [----] followers, [----] engagements "@ma_choiniere No hasn't started yet which is why the post on what I found. The question is what do they have to sell or potentially cover. If the rumours are correct they were short MSOS but Bloomberg also previously reported them long some select Tier 1s & 2s" [X Link](https://x.com/sammyj_19/status/1736602758071951486) 2023-12-18T04:22Z [----] followers, [---] engagements "@ItsJakePerry No liquidation hasn't even started" [X Link](https://x.com/sammyj_19/status/1736603106526232996) 2023-12-18T04:23Z [----] followers, [---] engagements "@caster561 Way to combine false dilemma & hasty generalization fallacies If necessary federal reform passed to allow uplisting (whether Sched. III SAFER/updated FinCEN guidance AG Memo etc.) it's highly unlikely the stocks would be anywhere near this low especially if 280E is gone" [X Link](https://x.com/sammyj_19/status/1737181653485662617) 2023-12-19T18:42Z [----] followers, [---] engagements "Quick 🧵 on how MSOs trade in and how OTC trades factor:" [X Link](https://x.com/sammyj_19/status/1738373982443671811) 2023-12-23T01:40Z [----] followers, [----] engagements "@kbrodie1974 We've seen before on the Blue Senate run that inflows can sustain a relatively long bull run. Mace run in fall '21 as well as brief NDAA/Biden runs end of last yr fizzled as nothing actually changed yet. Encouraged with the new "in-kind" mechanism that it's more sustainable now" [X Link](https://x.com/sammyj_19/status/1738586737918500973) 2023-12-23T15:45Z [----] followers, [--] engagements "@March2Millions Before anyone says the little guys don't count since they're so illiquid (certainly the case in prolonged bear markets in the sector) some Tier 3s back then had current Tier [--] liquidity in that bull run. We had similar 4mo. volume back then as the past 4mos. in Tier1s since HHS:" [X Link](https://x.com/sammyj_19/status/1740809874206789992) 2023-12-29T18:59Z [----] followers, [---] engagements "@TheDalesReport @BenjaminA_Smith Returns really varied in '23 for the Top [--] names in the space:" [X Link](https://x.com/sammyj_19/status/1740847370261471558) 2023-12-29T21:28Z [----] followers, [----] engagements "@MarginCall_420 @TheDalesReport @BenjaminA_Smith If you drill down further to just the dozen in $MSOS's tracking basket which acts as a tether the variance is still much greater than previous yrs. IMO this points to a greater fundamental focus where +OCF/FCF names & "healthier" balance sheets outperformed generally speaking:" [X Link](https://x.com/sammyj_19/status/1740854566672015369) 2023-12-29T21:57Z [----] followers, [----] engagements "Even more remarkable are the 2yr returns in $MSOS's basket where only [--] names outperformed the ETF itself: @MarginCall_420 @TheDalesReport @BenjaminA_Smith If you drill down further to just the dozen in $MSOS's tracking basket which acts as a tether the variance is still much greater than previous yrs. IMO this points to a greater fundamental focus where +OCF/FCF names & "healthier" balance sheets outperformed generally speaking: https://t.co/7Fj1da0W0c @MarginCall_420 @TheDalesReport @BenjaminA_Smith If you drill down further to just the dozen in $MSOS's tracking basket which acts as a" [X Link](https://x.com/sammyj_19/status/1740861452506874344) 2023-12-29T22:24Z [----] followers, [----] engagements "@ScottAtkison @InvestinginCan1 Only way that can be the case is if the ETF traded more often at a premium to IV the past 2yrs which would generate more MM arb buying than selling translating most to the biggest weightings. Which if the case points to $MSOS helping performance not hurting like many suggest" [X Link](https://x.com/sammyj_19/status/1740880329853050906) 2023-12-29T23:39Z [----] followers, [---] engagements "@BenjaminA_Smith In Italy for thirty years under the Borgias they had warfare terror murder & bloodshed but they produced Michelangelo Leonardo da Vinci & the Renaissance. In Switzerland they had brotherly love.500 years of democracy & peace & what did that produce The cuckoo clock" [X Link](https://x.com/anyuser/status/1741989124121244107) 2024-01-02T01:05Z [--] followers, [---] engagements "It's only noon on the 1st trading day of '24 but the start of the yr has been odd to say the least. Underlying notional traded is $77M whereas $MSOS is $19M. Two names have traded more $$ than the ETF and combine for 91% of overall notional traded. Possible fund liquidating Basket flush on low vol. Really [----] https://t.co/dcQfYgavKm Basket flush on low vol. Really [----] https://t.co/dcQfYgavKm" [X Link](https://x.com/anyuser/status/1742231245910688072) 2024-01-02T17:07Z [--] followers, 10.6K engagements "@peyton976 @justinort1 Not sure how you think I'm a permabull making excuses. Have recently been on podcasts pointing out the many hurdles the industry/stocks face & have articulated the space as a binary reform trade for a long time. Share what I see in real time as objectively as possible" [X Link](https://x.com/sammyj_19/status/1742254002312741040) 2024-01-02T18:38Z [----] followers, [--] engagements "@JGriesler On the flip side $MSOS has traded exactly 420% of the notional value of the underlyings today so maybe that's a sign too At least we're back to normal with the basket trading all of $2.9M combined. Essentially private equity until reform. 🙃" [X Link](https://x.com/sammyj_19/status/1742603224173986140) 2024-01-03T17:45Z [----] followers, [---] engagements "@JGriesler I think my 420/private equity post woke something up 🤣🤣" [X Link](https://x.com/anyuser/status/1742616511691329661) 2024-01-03T18:38Z [--] followers, [---] engagements "@_chrisroberts There was also a source familiar with the HHS letter to the DEA who confirmed to CNN that the rescheduling recommendation was to reclassify to Schedule III. But agree with your main point how oddly veiled the process has been" [X Link](https://x.com/sammyj_19/status/1742678537650229411) 2024-01-03T22:45Z [----] followers, [----] engagements "@JGriesler @RyanFeola1 Hard to imagine it's priced in.I have yet to see an accurate account of where profitability goes if/when 280E falls. Of course it's also what can these cos. do with 100% more FCF. Of course many will focus on balance sheet cleanup but that also creates equity value" [X Link](https://x.com/anyuser/status/1742932728654565500) 2024-01-04T15:35Z [--] followers, [---] engagements "@S_Andreoni @JGriesler @RyanFeola1 No doubt Sabs. But food for thought: Everyone focuses on where the ceiling is with FOMO (ie. where to sell). I focus on the profitable cos. setting a higher valuation floor to mitigate painful drawdowns in the future. To do that we need to focus on fundamental improvements" [X Link](https://x.com/sammyj_19/status/1742938956700803128) 2024-01-04T16:00Z [----] followers, [---] engagements "@mjredeker @Th1902D Those are "in-kind" buys by $MSOS from market maker inflows which the MMs buy throughout the day (offer-side) then trade in for ETF units. They no longer flush these out into the close so much less volatile & much more in line with how a typical ETF creates/receives inflows" [X Link](https://x.com/sammyj_19/status/1743064976833544639) 2024-01-05T00:20Z [----] followers, [---] engagements "@todd_harrison These generic comps are fine to understand the 2x in profit on rescheduling but wait til you see the breakdown I'm working on of everyone for a 280E vs. Non-280E profit difference. Eg. When we go from 275% effective tax rate to 21% (no NV state income tax)" [X Link](https://x.com/anyuser/status/1743671496743002462) 2024-01-06T16:30Z [----] followers, 13.9K engagements "@acole6154 @utag3815 It was so egregious. 1pt game determined by the refs. Of the [--] players that score 20+pts the Raptors' star is 44th in FTA with only 3pt shooters below. Meanwhile:" [X Link](https://x.com/anyuser/status/1745103248611066260) 2024-01-10T15:20Z [--] followers, [--] engagements "@BlueBrigade77 @SemiEvolvedM @abarnes2201 And for anyone who still thinks it's retail like past claims it's simply not whatsoever. It's an institutional algo from Citadel/Jane-type profit machine. Retail doesn't buy board lots multiple times per minute especially on ATS / dark exchanges:" [X Link](https://x.com/sammyj_19/status/1746036521713516884) 2024-01-13T05:08Z [----] followers, [---] engagements "@SemiEvolvedM @abarnes2201 Their program may be fine-tuned to read the arb btwn big board $MSOS & its illiquid underlyings. If Bruce built the dynamic model I'm sure they have to. But the algo was there far before the ETF listed. So the machine just takes advantage of easy-to-bully quotes in markets" [X Link](https://x.com/anyuser/status/1746301002016326054) 2024-01-13T22:39Z [--] followers, [---] engagements "@JGriesler @eason1237 @SemiEvolvedM @derekrogden @junglejava1 @unusual_whales @ShardiB2 Goodness has definitely become super illiquid was 1st in the run from covid lows to ATHs and is certainly undervalued given their turnaround op. performance. But they aren't in the tracking basket hence 1k traded Fri. on CSE. Only one illiquid Tier [--] is (100M float):" [X Link](https://x.com/sammyj_19/status/1746629202680451120) 2024-01-14T20:23Z [----] followers, [---] engagements "@numbersnarrati @Th1902D @shompzilla Welcome to the markets where spoofing is a pasttime" [X Link](https://x.com/anyuser/status/1746902083893178431) 2024-01-15T14:28Z [--] followers, [---] engagements "FWIW $3.5M notional traded opening 30min vs. $500k the entire day on Thanksgiving. Still peanuts but a relative win. Opening 15min price action for #cannabis on markets very encouraging considering it is usually watching paint dry when $MSOS is closed. Still relatively low volume but better than the usual $1M combined that trades on holidays. Opening 15min price action for #cannabis on markets very encouraging considering it is usually watching paint dry when $MSOS is closed. Still relatively low volume but better than the usual $1M combined that trades on holidays" [X Link](https://x.com/anyuser/status/1746911428827640036) 2024-01-15T15:05Z [----] followers, 15.4K engagements "@marcusT83511074 Not a cannabis operator so not in $MSOS. But still they're a solid retailer that has shown big growth & now starting to generate cash flow" [X Link](https://x.com/sammyj_19/status/1746917280913527019) 2024-01-15T15:28Z [----] followers, [---] engagements "@AllBullsNoBear @numbersnarrati @Th1902D @shompzilla Not a fan of the balance sheet but I bought them a couple wks ago just to collect a free warrant and seemed to have timed it perfectly for a change lol. I imagine there are a number of folks doing the same ahead of closing" [X Link](https://x.com/anyuser/status/1746919314475683855) 2024-01-15T15:36Z [--] followers, [---] engagements "@mayortoby Any 280E savings available reinvested into the businesses (or returned to shareholders Ie. GTI's buyback) especially for those who have "healthy" debt or those who have managed to pay theirs off vs. just trying to solve for overleveraged balance sheets" [X Link](https://x.com/sammyj_19/status/1747260777067900984) 2024-01-16T14:13Z [----] followers, [---] engagements "2nd day of trading since HHS SIII recommendation docs broke and guess who the #1 buyer was again today on $MSOS basket names Two things to 👀: -Look at avg. buy/sell prices. They tend to be buy avgs. when "CIBC" turns active buyer & 1-2ct sell avgs. when active seller. @SemiEvolvedM @abarnes2201 Guess who the #1 buyer was today on all the basket names One would assume $MSOS on the healthy inflow but it was actually the "CIBC" amplifying algo I've previously pointed out who was also #1 buyer on the run to ATHs. Approx. 1/3rd of volume today: https://t.co/jwIj3RRsRZ @SemiEvolvedM @abarnes2201" [X Link](https://x.com/anyuser/status/1747463438194942025) 2024-01-17T03:38Z [--] followers, 12K engagements "@__OuttaControl_ @HenryLuMencken @RyanFeola1 IMO this is incorrect. $MSOS MMs have been buyer today as it's traded at a premium to the underlyings. Problem has been the algo's relentlessly selling into the bid today w/o reason. Vast majority of vol. "CIBC" 50% but they use [--] other houses too with identical timestamps" [X Link](https://x.com/anyuser/status/1747692605725635029) 2024-01-17T18:49Z [--] followers, [---] engagements "@__OuttaControl_ @HenryLuMencken @RyanFeola1 They win 90% of the time. Again this is a sophisticated Citadel/Jane St.-type that has this machine fine-tuned with many inputs (like reading news) to take advantage of these illquid markets" [X Link](https://x.com/sammyj_19/status/1747699058091659444) 2024-01-17T19:15Z [----] followers, [--] engagements "Update: $MSOS short interest increased +22% to record biweekly levels for the start of '24 at 21.3M shares: Shoutout to @Th1902D for the heads up Update: $MSOS short interest increased 6% to 17.5M for the final biweekly '23 update: https://t.co/UIj4IL3ymQ Update: $MSOS short interest increased 6% to 17.5M for the final biweekly '23 update: https://t.co/UIj4IL3ymQ" [X Link](https://x.com/anyuser/status/1750234344969408808) 2024-01-24T19:09Z [----] followers, 43.1K engagements "@ElGuapoTron4000 @junglejava1 @TheDalesReport 75% tax Try C21's 285% effective tax rate on for size. 285% to 21% (NV no state income tax). So $1.76M 280E so far in '23 would have been only $0.12M normal corporate income tax. Most canna cos. likely benefit greatly on SIII but some relatively WAY more than others" [X Link](https://x.com/sammyj_19/status/1751724324900213064) 2024-01-28T21:49Z [----] followers, [----] engagements "@S_Andreoni @MSOSinvestor Feb. 11th '21 👇👇 - the first day of the 1000day drawdown. Remember it well because we were still green and the very last to turn. Didn't fully appreciate the certainty of the monolith gravity trade back then. Lol But holy cow some of those prices 👀" [X Link](https://x.com/sammyj_19/status/1752148274620862755) 2024-01-30T01:54Z [----] followers, [---] engagements "Here is a useful chart on the potential timing of rescheduling based on precedents: -avg. 94days from HHS recommendation to Proposed Rule (*SIII reco. 154days ago) -avg. 7mos. from Proposed Rule to Final Rule 🕦 if there's motivation to reschedule before election in 279days" [X Link](https://x.com/sammyj_19/status/1752389370152186015) 2024-01-30T17:52Z [----] followers, [----] engagements "@PotMom2012 @WeedStreet420 Certainly some but doesn't explain why short interest is multiples higher than what it was for both the period of highest inflows (Mace late '21) and the period of highest AUM. These current creates aren't an outlier period of inflows that would justify the spike" [X Link](https://x.com/sammyj_19/status/1752884880860381470) 2024-02-01T02:41Z [----] followers, [---] engagements "@PotMom2012 @WeedStreet420 Look here 👇 at the period covering Biden's announcement Oct'22 and NDAA late '22 as an example. Despite the huge surge in creates and price (MSOS $14s) during this period short interest was roughly 1/3rd at peak of what it is currently. This is more than structural on creates" [X Link](https://x.com/sammyj_19/status/1752887075253236004) 2024-02-01T02:50Z [----] followers, [---] engagements "@WeedStreet420 As we all pay more close attention to the record high short interest this is probably a perfect time to revisit this comprehensive post 👇 on [--] likely SI drivers by the sector's capital markets 🐐 from back in Oct. when SI was 16M & $MSOS was $7: I was asked about $MSOS Short Interest (SI). Shorts are slippery topic. It is not always easy to get to the root cause and potential effects. A 20+% SI is indeed large. I can think of [--] likely drivers for the $MSOS SI. (Spoiler alert choose E All of the above). Lets break I was asked about $MSOS Short Interest (SI). Shorts are slippery" [X Link](https://x.com/sammyj_19/status/1752932046224154850) 2024-02-01T05:49Z [----] followers, [----] engagements "@rtaiter @ShardiB2 Good guess. 🙃 Yes in the last 2min of the day "CIBC" (seller far left column 👇) took 'em down: e.g. AYR from $4.51 to [----] CXXI from $0.60 to $0.55 TRUL from $15.45 to $15.00 GTII from $18.97 to [-----] Fun" [X Link](https://x.com/sammyj_19/status/1753634508790718471) 2024-02-03T04:20Z [----] followers, [---] engagements "1/ $MSOS FD ITM MCs: $CURLF $4.44B $GTBIF $3.46B $VRNOF $2.45B $TCNNF $2.11B $CRLBF $1.16B $TSNDF $838M $GLASF $623M $AYRWF $530M $AAWH $330M $PLNH $258M $CBSTF $194M $JUSHF $183M $MRMD $144M $FFNTF $116M $GDNSF $105M $GRUSF $99M $VEXTF $72M $CXXIF $49M Source: SSC Feb.02'24 2/ $MSOS EVs: $CURLF $3.93B $GTBIF $2.56B $VRNOF $2.04B $TCNNF $1.68B $CRLBF $1.26B $AYRWF $814M $TRSSF $767M $AAWH $513M $CBSTF $464M $GLASF $454M $JUSHF $403M $FFNTF $337M $SHWZ $329M $PLNH $207M $MRMD $178M $GDNSF $165M $VEXTF $104M $GRUSF $62M $CXXIF $35M Source:SSC Nov [--] https://t.co/ZEt3Uw0R90 2/ $MSOS EVs: $CURLF" [X Link](https://x.com/sammyj_19/status/1754378849343754484) 2024-02-05T05:38Z [----] followers, 16K engagements "2/ $MSOS EVs: $CURLF $5.55B $GTBIF $3.50B $VRNOF $2.76B $TCNNF $2.76B $CRLBF $1.69B $TSNDF $1.02B $AYRWF $1.00B $GLASF $630M $AAWH $581M $CBSTF $498M $JUSHF $440M $SHWZ $364M $FFNTF $309M $PLNH $234M $MRMD $207M $GDNSF $210M $CNTMF $162M $VEXTF $106M $GRUSF $91M $CXXIF $58M" [X Link](https://x.com/sammyj_19/status/1754378853416354170) 2024-02-05T05:38Z [----] followers, [----] engagements "@jfberke @GreenWaveMJ @CultivatedNews @Bkov9 Since we're so close to FY'23 financials I will probably wait to add that to FY'21 & FY'22 instead of annualized the 9mo.'23 like I've been doing" [X Link](https://x.com/sammyj_19/status/1754901335240065286) 2024-02-06T16:14Z [----] followers, [---] engagements "@BrentMittleman IMO PTSD is thick (for good reason) and needs a bus to drive thru it.We've been on the cusp before and capital doesn't want to get stuck on something so binary" [X Link](https://x.com/sammyj_19/status/1754917229060079782) 2024-02-06T17:17Z [----] followers, [---] engagements "@JGriesler @SemiEvolvedM And a partridge in a pear tree" [X Link](https://x.com/sammyj_19/status/1755228802634957291) 2024-02-07T13:55Z [----] followers, [--] engagements "@mayortoby Of course there's more beta in the smaller names. But the two least levered in $MSOS are Tier 2/3s $PLNH & $CXXIF with essentially no financed debt. In fact $CXXI is the only co. that has less FD ITM shares & less net debt than 3yrs ago @ ATHs. Just building that table right now" [X Link](https://x.com/sammyj_19/status/1755648724800245823) 2024-02-08T17:44Z [----] followers, [----] engagements "@HenryLuMencken @MSOElevator Here's what he just said:" [X Link](https://x.com/sammyj_19/status/1756050057147691245) 2024-02-09T20:18Z [----] followers, [----] engagements "👀Update: $MSOS short interest has increased +10.5% to another record biweekly level of 23.6M shares as of Jan. 31st: Update: $MSOS short interest increased +22% to record biweekly levels for the start of '24 at 21.3M shares: Shoutout to @Th1902D for the heads up https://t.co/xs64uKuVqs Update: $MSOS short interest increased +22% to record biweekly levels for the start of '24 at 21.3M shares: Shoutout to @Th1902D for the heads up https://t.co/xs64uKuVqs" [X Link](https://x.com/anyuser/status/1756384872644432266) 2024-02-10T18:29Z [----] followers, 70.9K engagements "2/ For those too lazy to do the math this equates to a 23% short interest in $MSOS. High indeed" [X Link](https://x.com/sammyj_19/status/1756386527435751829) 2024-02-10T18:35Z [----] followers, [----] engagements "A lot of the volatility we are seeing the past two days is simply from the $MJUS rebalance. It is creating negative arb and balloon squeezes in specific names. in other words this volatility is artificial & temporary like we've seen in the past. Follow @boldux for updates. $MJUS continued rebalancing as of yesterday (2/12) with a -1.4% outflow. Plus $MJ sold off 1M shares of $MJUS as part of rebalancing (no outflows) New positions: $AAWH $SHWZ $IXHL Cash: $4.3M #MSOGang #potstocks $MSOS $WEED $GTBIF $CURLF $TCNNF $VRNOF https://t.co/fVG61s4sts https://t.co/z1Pivrngzb $MJUS continued" [X Link](https://x.com/anyuser/status/1757434461686284684) 2024-02-13T16:00Z [----] followers, 44K engagements "@cannasseursio @boldux Yes all of the above amplifies this. Said it many times - people have no idea how illiquid these names really are since the machine grants them daily vol. despite custody. [----] longs stare at this all day but few incremental investors. Any institutional flow causes tidal waves" [X Link](https://x.com/sammyj_19/status/1757444412391485595) 2024-02-13T16:39Z [----] followers, [---] engagements "Dear $MJUS You need to have your heads examined. Sincerely People who don't recklessly dump good cos. into no bid just to buy up the offer on bad ones" [X Link](https://x.com/anyuser/status/1757782529472413765) 2024-02-14T15:03Z [----] followers, [----] engagements "As I was saying about the volatility in the basket (ie. negative arb and balloon squeezes) being driven by $MJUS's sloppy rebalance: It was a Valentine's Day massacre in $MJUS yesterday (2/14) as the rebalancing continues (adjustments exacerbated by $MJ selling): +21% $GTBIF position -42% $TCNNF position -29% $AYRWF position -28% $TSNDF position .and more #MSOGang #potstocks $MSOS https://t.co/r6g5BrFF8f https://t.co/OYcSxDLcKk It was a Valentine's Day massacre in $MJUS yesterday (2/14) as the rebalancing continues (adjustments exacerbated by $MJ selling): +21% $GTBIF position -42% $TCNNF" [X Link](https://x.com/sammyj_19/status/1758133149748322480) 2024-02-15T14:16Z [----] followers, [----] engagements "1/ Viridian Chart of the Week: A Dramatic Demonstration of Cannabis Illiquidity "The ETF is small relative to the better-known $MSOS ETF at about 14% of the net assets but despite its smaller size the $MJUS had a dramatic impact on Cannabis stocks over the last two weeks."" [X Link](https://x.com/sammyj_19/status/1759975244247228541) 2024-02-20T16:16Z [----] followers, [----] engagements "3/ "The MJUS accounted for between 0.3% and 23% of the stock volume during the period. The correlation of .67 between the MJUS trading activity and the stock price changes is statistically significant and somewhat scary."" [X Link](https://x.com/sammyj_19/status/1759975253751607385) 2024-02-20T16:16Z [----] followers, [---] engagements "4/ "The rebalancing proves a couple of points about cannabis investing. Rumors (like last weeks imminent DEA announcement rumor) and technical events like the ETF portfolio rebalancing can have outsized impacts on the immature and illiquid cannabis space."/" [X Link](https://x.com/sammyj_19/status/1759975256561791357) 2024-02-20T16:16Z [----] followers, [---] engagements "1/ $MSOS FD ITM MCs (SSC as of Feb.16'24): $CURLF $3.85B $GTBIF $3.51B $VRNOF $2.20B $TCNNF $1.62B $CRLBF $769M $GLASF $636M $TSNDF $613M $AAWH $381M $AYRWF $242M $PLNH $222M $CBSTF $168M $JUSHF $130M $GRUSF $127M $MRMD $107M $GDNSF $101M $FFNTF $80M $VEXTF $71M $CXXIF $47M 1/ $MSOS FD ITM MCs: $CURLF $4.44B $GTBIF $3.46B $VRNOF $2.45B $TCNNF $2.11B $CRLBF $1.16B $TSNDF $838M $GLASF $623M $AYRWF $530M $AAWH $330M $PLNH $258M $CBSTF $194M $JUSHF $183M $MRMD $144M $FFNTF $116M $GDNSF $105M $GRUSF $99M $VEXTF $72M $CXXIF $49M Source: SSC Feb.02'24 https://t.co/gEC7KxKKAG 1/ $MSOS FD ITM MCs:" [X Link](https://x.com/sammyj_19/status/1760321787110244578) 2024-02-21T15:13Z [----] followers, 15.3K engagements "2/ $MSOS FD ITM EVs (SSC as of Feb.16'24): $CURLF $5.12B $GTBIF $3.56B $VRNOF $2.51B $TCNNF $2.27B $CRLBF $1.30B $AYRWF $810M $TSNDF $808M $GLASF $643M $AAWH $632M $CBSTF $472M $JUSHF $387M $FFNTF $277M $GDNSF $206M $PLNH $198M $MRMD $169M $GRUSF $118M $VEXTF $106M $CXXIF $55M" [X Link](https://x.com/sammyj_19/status/1760323931389436353) 2024-02-21T15:21Z [----] followers, [----] engagements ""President Joe Biden ordered a review of federal marijuana policy in October [----] and a formal decision from the DEA is expected soon potentially in the coming weeks according to two people with knowledge of plans." -@NBCNews https://www.nbcnews.com/politics/white-house/veterans-groups-join-calls-biden-administration-reschedule-marijuana-rcna139565 https://www.nbcnews.com/politics/white-house/veterans-groups-join-calls-biden-administration-reschedule-marijuana-rcna139565" [X Link](https://x.com/anyuser/status/1760666314484355360) 2024-02-22T14:02Z [----] followers, [----] engagements "1/ "This conflict between federal and state laws has also allowed an unregulated cannabis market to gain footing across the United States. The unregulated market is one that cultivates manufactures distributes and sells cannabis without a government-issued license permit."" [X Link](https://x.com/sammyj_19/status/1760725524274663616) 2024-02-22T17:57Z [----] followers, [----] engagements "1/ $MSOS FD ITM MCs (SSC as of Feb.23'24): $CURLF $4.04B $GTBIF $3.59B $VRNOF $2.12B $TCNNF $1.95B $CRLBF $890M $TSNDF $664M $GLASF $636M $AYRWF $408M $AAWH $348M $PLNH $228M $CBSTF $171M $JUSHF $162M $GRUSF $133M $MRMD $110M $GDNSF $106M $FFNTF $87M $VEXTF $61M $CXXIF $48M 1/ $MSOS FD ITM MCs (SSC as of Feb.16'24): $CURLF $3.85B $GTBIF $3.51B $VRNOF $2.20B $TCNNF $1.62B $CRLBF $769M $GLASF $636M $TSNDF $613M $AAWH $381M $AYRWF $242M $PLNH $222M $CBSTF $168M $JUSHF $130M $GRUSF $127M $MRMD $107M $GDNSF $101M $FFNTF $80M $VEXTF $71M $CXXIF $47M https://t.co/QC1O5nVCSE 1/ $MSOS FD ITM MCs (SSC" [X Link](https://x.com/sammyj_19/status/1762114439103279110) 2024-02-26T13:56Z [----] followers, 13.3K engagements "2/ $MSOS FD ITM EVs (SSC as of Feb.23'24): $CURLF $5.31B $GTBIF $3.63B $TCNNF $2.60B $VRNOF $2.43B $CRLBF $1.42B $AYRWF $879M $TSNDF $859M $GLASF $643M $AAWH $599M $CBSTF $475M $JUSHF $419M $FFNTF $284M $GDNSF $212M $PLNH $204M $MRMD $172M $GRUSF $124M $VEXTF $95M $CXXIF $57M" [X Link](https://x.com/sammyj_19/status/1762116194562174978) 2024-02-26T14:03Z [----] followers, [----] engagements "@stock_mj @BenjaminA_Smith Bingo. There's no relative T1/2 value comp. for them as they have no peer. Nobody else does what they do at scale whether 9fig. after-tax OCF +P/E BB etc. We're the only other one who's paid off their senior debt with FCF & bought back 4% of our FD shares but we don't count" [X Link](https://x.com/sammyj_19/status/1762974179064783233) 2024-02-28T22:52Z [----] followers, [---] engagements "@GreenWaveMJ Fair point. Rushed it out and didn't wait for the financial statements to see note on Income Tax and what portion of the provision was deferred tax. Either way they paid more than their entire provision previous 2yrs. See note 1" [X Link](https://x.com/sammyj_19/status/1763023772297105582) 2024-02-29T02:09Z [----] followers, [---] engagements Limited data mode. Full metrics available with subscription: lunarcrush.com/pricing
@sammyj_19 Sammy J
Sammy J posts on X about $msos, $cxxif, $gtbif, $tcnnf the most. They currently have [-----] followers and [---] posts still getting attention that total [---] engagements in the last [--] hours.
Engagements: [---] #
- [--] Week [------] +2,564%
- [--] Month [------] -26%
- [--] Months [-------] -63%
- [--] Year [---------] -70%
Mentions: [--] #
- [--] Week [--] +80%
- [--] Month [--] -49%
- [--] Months [---] -32%
- [--] Year [---] +19%
Followers: [-----] #
- [--] Week [-----] -0.06%
- [--] Month [-----] -0.30%
- [--] Months [-----] +1.50%
- [--] Year [-----] +6.30%
CreatorRank: [---------] #
Social Influence
Social category influence finance stocks cryptocurrencies currencies countries technology brands social networks celebrities travel destinations musicians
Social topic influence $msos #40, $cxxif #2, $gtbif #12, $tcnnf #11, $curlf #14, $jushf #3, $ayrwf, $mrmd #3, $vrnof #4, $crlbf #10
Top accounts mentioned or mentioned by @lancefinlinson @varrell @weedstreet420 @junglejava1 @bkov9 @wolfofweedst @thedankinformer @jgriesler @otcexpert101 @stockmj @chartguys @th1902d @advisorshares @travisbrendan2 @semievolvedm @cannabisref @thedalesreport @jesseredmond @jderevyanny @revelationslp
Top assets mentioned Colgate-Palmolive Company (CL) Teradyne, Inc. (TER) Veloce (VEXT) Matr1x Fire (FIRE) CannabisCoin (CANN)
Top Social Posts
Top posts by engagements in the last [--] hours
"3/3 @rubicronik @KushMansPicks @DojiFranco90 @ViciousTrading @effectemergence Apologies if I missed anyone who deserves praise for lending me a hand. FWIW here's my list of '19 plays with most potential vs current MC$100M: JWCA EAT CANN SUGR CXXI BIO NRTH EVE CROP TGIF VIDA"
X Link 2019-01-02T03:57Z [----] followers, [--] engagements
"Here is the updated chart as of Friday's close with $GGB & $CNNX added by request as well as updated $MMEN revs: $WEED $ACB $APHA $CXXI $OGI $TRST $TLRY $HEXO $FIRE $CRON $HIP $TRUL $GTII $CURA $CWEB $ACRG.U $CL $HARV $IAN $OH $MJAR $TGIF $PLTH $SNN $PLUS CC: @st0ckm0nster 1/6"
X Link 2019-03-03T19:24Z [----] followers, [---] engagements
"But I thought $CXXI was just a pump & dump $QCA & @SC_FUNDS must have it wrong too. SMH"
X Link 2019-03-12T17:51Z [----] followers, [--] engagements
"1. Here's the updated chart w [--] new cos. $VFF $LABS $NRTH $HVT $META & $CLIQ. Also added a rank change column. $CXXI $MJAR $TGIF $PLTH $TRUL $SNN $MMEN $PLUS $CNNX $TRST $HIP $FIRE $OH $IAN $CWEB $OGI $CURA $APHA $HEXO $GTII $ACRG $HARV $CL $GGB $ACB $WEED $TLRY $CRON"
X Link 2019-03-25T17:44Z [----] followers, [---] engagements
"@tanny87 @AllStreetsWolf @wizkhalifa Phantom Farms has over 45k followers alone. With Dab Society they would be 2nd to MMEN on this list over 70k instagram followers for $CXXI's brands"
X Link 2019-05-19T01:50Z [----] followers, [--] engagements
"Updated chart w [--] top cannabis cos in sales + valuation ranking: $CXXI $TRUL $HALO $PLTH $META $LABS $SNN $DYME $VFF $VGW $MJAR $VREO $OGI $IIPR $CWEB $FAF $TER $TRST $FIRE $ZENA $TILT $TIUM $OH $GTII $IAN $CURA $GGB $CL $CCHW $MMEN $HARV $GWPH $ACRG $HEXO $TLRY $ACB $APHA $WEED"
X Link 2019-07-16T03:31Z [----] followers, [--] engagements
"@bubblepooper123 Oh ok. I mentioned in last week's chart update that I am mirroring @ncvmedia's revenue tracker & they changed the minimum recently to $5M USD. Therein lies the reason for omission. Not even $CRON qualifies at this stage. $TGIF & a few others fell off as well"
X Link 2019-07-16T15:14Z [----] followers, [--] engagements
"@AllStreetsWolf @bubblepooper123 @ncvmedia @VAPENClear I've never looked into them so I'm not familiar. Was this pro forma or actually filed revs Either way sounds like a promising co"
X Link 2019-07-17T16:48Z [----] followers, [--] engagements
"@AllStreetsWolf @bubblepooper123 @ncvmedia @VAPENClear Having quickly scanned Sedar filing $VAPN looks to have multiple sources of revenue. My chart is cannabis-only sales as that's where sector premium lies. I'm mirroring @ncvmedia's qualifiers since their chart is the sector standard. Eg. $VFF & $APHA pot revs than gross revs"
X Link 2019-07-17T23:22Z [----] followers, [--] engagements
"$APHA earnings update on chart. Top [--] in sales + valuation rank: $CXXI $TRUL $PLTH $HALO $SNN $LABS $DYME $VGW $META $MJAR $VFF $ZENA $OGI $IIPR $VREO $TRST $CWEB $FAF $FIRE $TER $TILT $TIUM $OH $GTII $GGB $IAN $CL $CURA $MMEN $HARV $CCHW $GWPH $HEXO $ACRG $TLRY $ACB $WEED"
X Link 2019-08-03T16:02Z [----] followers, [--] engagements
"C8) Next up is $LABS as I want to rotate btw Jr. Big Jr. Big. Let's have you drive the bus moving forward. Who do you want to see next I'll go in order of vote next [--] rounds. $PLTH $CURA $NRTH $ZENA $TGIF $GTII $META $FIRE $LHS $IAN $WMD $SNDL $VREO $HARV $FAF $TGOD PLTH CURA NRTH ZENA TGIF GTII META FIRE VREO HARV FAF TGOD LHS IAN WMD SNDL PLTH CURA NRTH ZENA TGIF GTII META FIRE VREO HARV FAF TGOD LHS IAN WMD SNDL"
X Link 2019-08-18T18:57Z [----] followers, [--] engagements
"C21 Director & former RBC Head of Capital Markets Bruce MacDonald with two more $CXXI insider buys this week on top of what @weedstreet420 posted from Friday. 125.5k shares total in the last week. $CXXIF 👇👇"
X Link 2019-09-25T17:05Z [----] followers, [--] engagements
"The [--] Public Cannabis Operators with min. $50M revenue/$5M adj. EBITDA (in CAD) for trailing twelve months: [--]. $TRUL $TCNNF [--]. $GTII $GTBIF [--]. $CURA $CURLF [--]. $AYR.a $AYRSF [--]. $CL $CRLBF [--]. $CXXI $CXXIF [--]. $PLTH $PLNHF Sorted by last Q Annualized adj. EBITDA. USD/CAD @ $1.35"
X Link 2020-06-07T15:01Z [----] followers, [--] engagements
"1. There are currently only [--] and [--] Cannabis Operators with an Operating Income/Profit last reported Q before IFRS fair value adj. (in CAD @ $1.35): $TRUL $GTII $LHS $CXXI $PLTH $VLNS $ALEF $CLIQ $DN Source: @ncvmedia"
X Link 2020-06-16T18:40Z [----] followers, [--] engagements
"1. Public Cannabis Operators Peer Comp Table (last reported Q annualized): Updated Q3: $CURA $CURLF $GTII $GTBIF $CL $CRLBF $TRUL $TCNNF $CCHW $CCHWF $AYR.a $AYRSF $TER $TRSSF $INDS $INDXF Includes all [--] #potstocks in NYSE-listed $MSOS Price thru 11/20/20. USD/CAD @ $1.31"
X Link 2020-11-23T05:41Z [----] followers, [--] engagements
"6. While these discrepancies end up added back to adj. EBITDA there are otherwise too many inconsistencies w one-time "adjusted" line items. Analysts really should move off this metric as the measuring stick in #potstocks especially when "Covid" add backs showed up for a 2nd Q"
X Link 2020-11-23T05:41Z [----] followers, [--] engagements
"7. As requested here is the $MSOS Peer Comp Table (last reported quarter annualized) in USD: OTC Share Prices thru 11/20/20 CAD/USD at $0.76 (TerrAscend reports in CAD) $AYRSF $CRLBF $CXXIF $INDXF $PLNHF $VREOF $GTBIF $FFNTF $TRSSF $JUSHF $CCHWF $HRVSF $ACRHF $TCNNF $CURLF"
X Link 2020-11-23T17:35Z [----] followers, [--] engagements
"From Beacon's Q3 Cash Flow Report on #cannabis operators: Free Cash Flow Margin: [--]. $CXXI $CXXIF 33% [--]. $INDS $INDXF 20% [--]. $AYR.a $AYRWF 19% Note emphasis on importance of Cash Flow over adj. EBITDA as leading profitability indicator. Hopefully sector starts to shift here"
X Link 2020-12-17T18:03Z [----] followers, [--] engagements
"1. EVs of #cannabis thru 12/20/20 in USD (0.78): $CURLF $9.07B $GTBIF $5.15B $TCNNF $4.12B $CRBLF $4.07B $TRSSF $2.61B $CCHWF $1.51B $PLNHF $1.12B $AYRWF $1.01B $HRVSF $957M $JUSHF $926M $ACRHF $410M $FFNTF $537M $INDXF $216M $MRMD $195M $VREOF $166M $CXXIF $146M Source: BMO"
X Link 2020-12-21T06:11Z [----] followers, [--] engagements
"ICYMI here's Craig-Hallum's recent take on who these Tier [--] & [--] public #cannabis operators are. Obviously private ones like $CCHWF's will join the mix as well. Tier 2: $VREOF $FFNTF $CXXIF $HRVSF $JUSHF $PLNHF Tier 3: $ACRHF $ITHUF $LHSIF ✅ $MRMD $MMNNF $RWBYF $VEXTF 👇 M&A Tuesday for #cannabis as $CCHWF and $AYRWF make their moves. Should be a positive read-through for second and third tier operators as the consolidation theme is upon us. positions / advisor $CCHWF M&A Tuesday for #cannabis as $CCHWF and $AYRWF make their moves. Should be a positive read-through for second and third tier"
X Link 2020-12-22T15:30Z [----] followers, [--] engagements
"1. EVs of Operators thru 12/27/20 in USD($0.78): $CURLF $8.85B $GTBIF $5.36B $TCNNF $4.02B $CRBLF $4.01B $TRSSF $2.56B $CCHWF $2.1B $AYRWF $1.48B* $PLNHF $1.15B $JUSHF $1.12B $HRVSF $1.1B $FFNTF $565M $ACRHF $411M $INDXF $234M $MRMD $185M $VREOF $173M $CXXIF $156M Source: BMO"
X Link 2020-12-28T16:37Z [----] followers, [--] engagements
"5. Collectively (as of 12/27/20): $MSOS up 112% YTD LPs down (31%) YTD $MSOS avg Cash Flow burn only $7M TTM LPs avg Cash Flow burn was $132.2M TTM $MSOS avg Cash Flow Margin (TTM) was (12%) LPs avg Cash Flow Margin (TTM) was (213%)"
X Link 2020-12-29T18:02Z [----] followers, [--] engagements
"6. What that means is in the past twelve months LPs collectively burned more than twice as much cash as their top line revenue. Insane. Again $VFF is the exception to the rule w CF+ past two Qs. Also worth noting more MSOs like $CRLBF & $INDXF are now CF+ in recent Qs./"
X Link 2020-12-29T18:02Z [----] followers, [--] engagements
"1. New Year [----] - EVs of Operators in USD ($0.78): $CURLF $8.57B $GTBIF $5.42B $TCNNF $3.98B $CRBLF $3.95B $TRSSF $2.59B $CCHWF $2.19B $AYRWF $1.55B* $JUSHF $1.18B $PLNHF $1.09B $HRVSF $1.06B $FFNTF $597M $ACRHF $409M $MRMD $220M $VREOF $189M $CXXIF $161M Source: BMO"
X Link 2021-01-04T13:50Z [----] followers, [--] engagements
"A fund manager told me he expects #cannabis bubble to be 5x 's. But aside from any bubbly future growth @ value is still current realm until SAFE (cost of capital custodial safe harbor uplisting/big board liquidity RHers/mainstream access) gets us past early innings. Stifel on #cannabis 20-baggers https://t.co/NbyN7Ulbpm Stifel on #cannabis 20-baggers https://t.co/NbyN7Ulbpm"
X Link 2021-01-04T17:26Z [----] followers, [--] engagements
"EVs of #cannabis thru 01/10/21 in USD($0.78): $CURLF $9.73B $GTBIF $6.03B $TCNNF $4.98B $CRBLF $4.47B $TRSSF $2.59B $CCHWF $2.28B $AYRWF $1.82B* $HRVSF $1.33B $PLNHF $1.18B $JUSHF $1.12B $ACRHF $1.01B $FFNTF $671M $INDXF $283M $MRMD $257M $VREOF $255M $CXXIF $172M Source: BMO"
X Link 2021-01-11T13:44Z [----] followers, [--] engagements
"2. Note: *BMO's $AYRWF calc. includes PF for $LHSIF C$ EVs of #PotStocks: $WEED $13.4B $TLRY/ $APHA (PF) $6.7B $APHA $3.8B $ACB $2.5B $CRON $2.5B $VFF $1.1B $SNDL $694M $HEXO $665M $OGI $468M $VLNS $267M $XLY $240M $FLWR $212M $AH $195M $ROMJ $180M $FIRE $182M $ZENA $169M"
X Link 2021-01-11T13:44Z [----] followers, [--] engagements
"EVs of #cannabis thru 01/17/21 in USD($0.78): $CURLF $11.08B $GTBIF $6.23B $TCNNF $5.42B $CRBLF $5.41B $TRSSF $3.67B $CCHWF $2.72B $AYRWF $1.76B* $HRVSF $1.46B $PLNHF $1.43B $JUSHF $1.20B $ACRHF $941M $FFNTF $696M $VREOF $384M $MRMD $334M $INDXF $294M $CXXIF $155M Source: BMO"
X Link 2021-01-18T05:58Z [----] followers, [--] engagements
"3. Share Price Performance of $MSOS & [--] #cannabis holdings sorted by return since Sept. 1st '20 launch (also 1-month 6-month 12-month returns): $VREO $VEXT $TRSSF $JUSHF $BMWLF $HRVSF $ACRHF $AYRWF $CXXIF $CCHWF $CRLBF $TCNNF $MSOS $CURLF $GTBIF $FFNTF $PLNHF $INDXF"
X Link 2021-01-18T06:15Z [----] followers, [--] engagements
"EVs of #cannabis thru 01/24/21 in USD($0.78): $CURLF $10.72B $GTBIF $6.79B $CRBLF $5.86B $TCNNF $5.43B $TRSSF $3.66B $CCHWF $2.48B $AYRWF $1.84B* $HRVSF $1.58B $JUSHF $1.41B $PLNHF $1.39B $ACRHF $932M $FFNTF $810M $MRMD $366M $VREOF $351M $INDXF $257M $CXXIF $158M Source: BMO"
X Link 2021-01-25T04:51Z [----] followers, [--] engagements
"Winner of the best #cannabis analyst note title goes to Craig-Hallum: "Smoke 'Em If You've Got 'Em. The Time To Act Is Now As Congress Prepares Legalization Bill" "we believe there's significant upside in Tier [--] Operators. $VREOF $FFNTF $CXXIF $HARVF $JUSHF & $PLTHF""
X Link 2021-02-02T19:10Z [----] followers, [--] engagements
"EVs of #cannabis thru 02/07/21 in USD ($0.78): $CURLF $11.33B $GTBIF $7.32B $CRBLF $6.00B $TCNNF $5.81B $TRSSF $3.86B $CCHWF $2.66B $AYRWF $2.12B* $HRVSF $1.81B $JUSHF $1.72B $PLNHF $1.55B $ACRHF $974M $FFNTF $944M $VREOF $487M $MRMD $328M $INDXF $278M $CXXIF $158M Source:BMO"
X Link 2021-02-08T06:20Z [----] followers, [--] engagements
"EVs for $MSOs (thru 02/26/21 in USD): $CURLF $11.61B $GTBIF $7.24B $VRNOF $6.45B $CRLBF $5.88B $TCNNF $5.85B $TRSSF $3.63B $AYRWF $2.46B $CCHWF $2.45B $HRVSF $1.77B $JUSHF $1.54B $PLNHF $1.20B $FFNTF $1.09B $ACRHF $1.04B $VREOF $454M $CXXIF $179M Source: BMO"
X Link 2021-02-28T20:34Z [----] followers, [--] engagements
"Some profitability metrics for #cannabis operators last quarter reported: Adj. EBITDA Margin: $TCNNF 50% $AYRWF 42% $TRSSF 35% $GTBIF 34% $VEXTF 33% $FFNTF 30% $CRLBF 30% $CXXIF 28% $PLNHF 26% $TIUMF 35% $CURLF 23% $HBORF 20% $HRVSF 17% $INDXF 16% $JUSHF 8% $CCHWF 6%"
X Link 2021-02-28T20:34Z [----] followers, [--] engagements
"cont'd metrics for #cannabis last Q: CFO Margin (Cash Flow from Operations): $CXXIF $CXXI 33% $INDXF $INDS 32% $AYRWF $AYR 29% $VEXTF $VEXT 29% $PLNHF $PLTH 17% $CRLBF $CL 12% $CNTMF $TIUM 10% $GTBIF $GTII 7% $HBORF $HBOR 3% $HRVSF $HARV 2% Source: Beacon Q3 Cash Flow Report"
X Link 2021-02-28T20:34Z [----] followers, [--] engagements
"EVs of #cannabis thru 3/12/21 in USD($0.80): $CURLF $11.58B $GTBIF $7.60B $VRNOF $6.59B $TCNNF $6.23B $CRBLF $5.56B $TRSSF $3.04B $AYRWF $2.32B $CCHWF $2.28B $HRVSF $1.75B $JUSHF $1.46B $PLNHF $1.17B $ACRHF $1.03B $FFNTF $910M $VREOF $433M $INDXF $389M $CXXIF $179M Source:BMO"
X Link 2021-03-15T19:31Z [----] followers, [---] engagements
"% of 52wk-high thru Mar. 12th: $TRUL 92% $AYR 91% $GTII 86% $CURA 85% $MSOS 84% $HARV 82% $VRNO 82% $CCHW 79% $VREO 78% $ACRG 76% $CXXI 76% $JUSH 76% $PLTH 76% $CL 75% $LOWL 75% $VRNO 74% $GRWG 72% $RIV 72% $TER 71% $FFNT 69% $GRAM 67%"
X Link 2021-03-15T19:31Z [----] followers, [--] engagements
"12-month performance thru Mar 12th (next week's update will be from exactly Mar. 19th all-time sector lows): $VREO 756% $LOWL 716% $GTII 646% $TRUL 605% $CXXI 588% $JUSH 575% $TER 490% $PLTH 452% $FFNT 435% $AYR.a 402% $CL 379% $CURA 281% $HARV 233% $CCHW 228% $ACRG 208%"
X Link 2021-03-15T19:31Z [----] followers, [--] engagements
"Chart of the Week: Small MSOs vs. Large MSOs $MRMD $CXXIF $CXXI $STMH $STEM $HBORF $HBOR $SHWZ $CURLF $CURA $GTBIF $GTII $TCNNF $TRUL $CRLBF $CL $TRSSF $TER Not surprising Beta outperformed given asymmetrical #cannabis if you can stomach the ride. https://www.benzinga.com/markets/cannabis/21/03/20180371/viridian-chart-of-the-week-small-under-covered-cannabis-operators-outperform-large-msos-ytd https://www.benzinga.com/markets/cannabis/21/03/20180371/viridian-chart-of-the-week-small-under-covered-cannabis-operators-outperform-large-msos-ytd"
X Link 2021-03-16T16:18Z [----] followers, [--] engagements
"EVs of #cannabis thru 7/04/21 in USD($0.81): $CURLF $10.35B $GTBIF $7.24B $TCNNF+ $5.73B $VRNOF $4.89B $CRBLF $3.44B $TRSSF $3.20B $AWWH $2.53B $AYRWF $2.15B $CCHWF $1.93B $JUSHF $1.39B $PLNHF $1.26B $FFNTF $905M $ACRHF $657M $GDNSF $382M $MRMD $364M $CXXIF $130M Source:BMO"
X Link 2021-07-05T19:09Z [----] followers, [--] engagements
"FYI here's the list link incl. #cannabis stocks now available on WealthSimple: $AYR.a $CL $CURA $CXXI $FFNT $GAGE $GDNS $GTII $HARV $HBOR $JUSH $LOWL $MSOS $RWB $SLNG $SOL $TER $TILT $TIUM $TRUL $VEXT $VRNO MIA are $ACRG.a $CCHW $GRAM $GLAS.a $PLTH https://help.wealthsimple.com/hc/en-ca/articles/360056580354-New-listings-on-Wealthsimple-Trade I'm told WealthSimple now listing CSE stocks. https://help.wealthsimple.com/hc/en-ca/articles/360056580354-New-listings-on-Wealthsimple-Trade I'm told WealthSimple now listing CSE stocks"
X Link 2021-08-10T18:29Z [----] followers, [--] engagements
"1. Public Cannabis Operators Peer Comp Table: Cash Flow from Operations (trailing twelve months) $VRNOF $GTBIF $TCNNF $TRSSF $CRLBF $MRMD $CXXIF $AYRWF $TLLTF $CNTMF $VEXTF $JUSHF $PLNHF $HBORF $SHWZ $FFNTF $SLGWF $LOWLF $GAEGF $FLOOF $GDNSF $HRVSF $CCHWF $ACRHF $RWBYF $CURLF"
X Link 2021-08-16T03:54Z [----] followers, [---] engagements
"Public Cannabis Operators Peer Comp Table: Cash Flow from Ops. Updated Q2: $TRSSF $MRMD $AYRWF $FFNTF $SHWZ $LOWLF $CCHWF MCs/EVs thru Aug. [--] $VRNOF $GTBIF $TCNNF $CRLBF $CXXIF $TLLTF $CNTMF $VEXTF $JUSHF $PLNHF $HBORF $SLGWF $GAEGF $FLOOF $GDNSF $HRVSF $ACRHF $RWBYF $CURLF"
X Link 2021-08-23T17:58Z [----] followers, [--] engagements
"Cannabis Comp Table: Cash Flow from Operations Updated Q2: $VEXTF $TLLTF $JUSHF $PLNHF $SLGWF $CNTMF $GAEGF Merged: $TCNFF + $HRVSF $VRNOF $GTBIF $TRSSF $MRMD $CRLBF $CXXIF $AYRWF $HBORF $SHWZ $LOWLF $FFNTF $FLOOF $GDNSF $CCHWF $RWBYF $ACRHF $CURLF Price thru Aug 27"
X Link 2021-08-30T03:20Z [----] followers, [--] engagements
"Cannabis Comp Table: Cash Flow from Operations Updated Q2: $HBORF $RWBYF Merged: $TRSSF + $GAEGF $VRNOF $GTBIF $TCNNF + $HRVSF $MRMD $CRLBF $CXXIF $VEXTF $TLLTF $AYRWF $JUSHF $PLNHF $SHWZ $LOWLF $SLGWF $CNTMF $FFNTF $FLOOF $GDNSF $CCHWF $ACRHF $CURLF Price thru Sept 06"
X Link 2021-09-07T04:06Z [----] followers, [--] engagements
"FD ITM MCs: $CURLF $7.07B $TCNNF $4.76B $GTBIF $4.65B $VRNOF $3.68B $CRBLF $3.14B $TRSSF+ $2.21B $AYRWF $1.54B $CCHWF $1.26B $JUSHF $997M $PLNHF $783M $FFNTF $715M $GLASF $326M $GRAMF $325M $SHWZ $277M $MRMD $261M $LOWLF $222M $CNTMF $215M $GDNSF $185M $VEXTF $100M $CXXIF $63M"
X Link 2021-10-29T18:28Z [----] followers, [--] engagements
"@ccinvest2 Impressive considering the insane tax burden & cost of capital. Imagine $GTBIF's cash flow in a post-280e world. Updating my CF table for Q3 now but trying to normalize 280e is a slog. FWIW $CXXIF's TTM cash flow multiple (after-tax) is currently lowest in the industry at 8.0x"
X Link 2021-11-11T03:05Z [----] followers, [--] engagements
"#cannabis MCs thru 11/19 in US$0.79: $CURLF $7.25B $TCNNF $5.34B $GTBIF $5.15B $VRNOF $3.88B $CRBLF $3.60B $TRSSF+ $2.16B $AYRWF $1.45B $AWWH $1.18B $CCHWF $1.17B $JUSHF $1.03B $PLNHF $848M $FFNTF $735M $ACRHF $269M $MRMD $266M $GRAMF $244M $GDNSF $215M $CXXIF $71M Source:BMO"
X Link 2021-11-22T03:56Z [----] followers, [--] engagements
"$CURA the biggest #cannabis operator on the planet has traded [----] shares today on the CSE. $AYR.a & $FFNT have traded [--]. So what drives the sector Not the massive "CIBC" retail army counter theory posited earlier this week Unless they're all busy celebrating turkey day"
X Link 2021-11-25T15:10Z [----] followers, [--] engagements
"FD ITM MCs thru 12/05 in USD: $CURLF $6.92B $GTBIF $4.89B $TCNNF $4.83B $VRNOF $3.82B $CRBLF $3.43B $TRSSF+ $2.38B $CCHWF $1.21B $AYRWF $1.15B $JUSHF $1.03B $AAWH $998M $FFNTF $707M $PLNHF $664M $GLASF $285M $GRAMF $218M $GDNSF $201M $LOWLF $128M $CXXIF $64M Source: BMO/Stoic"
X Link 2021-12-06T04:43Z [----] followers, [--] engagements
"MCs thru 12/12 in USD: $CURLF $6.93B $GTBIF $5.18B $TCNNF $4.66B $VRNOF $3.85B $CRBLF $3.13B $TRSSF+ $2.35B $CCHWF $1.20B $AAWH $1.03B $AYRWF $1.03B $JUSHF $1.02B $FFNTF $710M $PLNHF $650M $MRMD $255M $ACRHF $226M $GDNSF $209M $GRAMF $204M $CNTMF $149M $CXXIF $62M Source: BMO"
X Link 2021-12-13T04:57Z [----] followers, [--] engagements
"MCs thru 12/19 in USD: $CURLF $6.30B $GTBIF $4.55B $TCNNF $4.39B $VRNOF $3.49B $CRBLF $2.74B $TRSSF+ $2.44B $CCHWF $1.12B $AAWH $961M $JUSHF $922M $AYRWF $914M $FFNTF $677M $PLNHF $598M $MRMD $243M $ACRHF $215M $GDNSF $198M $GRAMF $186M $CNTMF $148M $CXXIF $61M Source: BMO"
X Link 2021-12-20T04:56Z [----] followers, [--] engagements
"As we ring in a New Year in #cannabis MCs thru 12/31 in USD: $CURLF $6.55B $GTBIF $5.23B $TCNNF $4.76B $VRNOF $4.15B $CRBLF $2.73B $TRSSF+ $2.38B $AYRWF $1.14B $CCHWF $1.08B $JUSHF $874M $FFNTF $708M $PLNHF $642M $GDNSF $259M $ACRHF $216M $GRAMF $155M $CXXIF $60M Source: BMO"
X Link 2022-01-03T17:01Z [----] followers, [--] engagements
"Is Viridian's contrarian thesis playing out in the markets Both YTD & 6month #cannabis returns. Worth noting this was the case in the previous sector bull run: $CURA $GTII $TRUL $VRNO $CL $TER $CCHW $AYR $JUSH $AAWH $FFNT $PLTH $GLAS $GRAM $GDNS $MRMD $SHWZ $LOWL $VEXT $CXXI 2/ "We continue to favor small and medium sized operators in US cannabis that have solid businesses on their own which can provide long term growth cash generation and profits but are also viable takeout candidates." 2/ "We continue to favor small and medium sized operators in US cannabis that have solid businesses on"
X Link 2022-03-27T18:20Z [----] followers, [--] engagements
"1/ More from Viridian with an 👀 update on their contrarian thesis: "While stock returns were down overall in Q1 the stocks of smaller and medium sized operators outperformed significantly on a relative basis" $HBORF $GLASF $TLLTF $GDNSF $LOWLF $SHWZ $ACRHF $CXXIF $CCHWF $GNRS"
X Link 2022-04-11T17:23Z [----] followers, [--] engagements
"Off 6mo. highs: $TER -29% $CXXI -43% $GTII -43% $VRNO -46% $CURA -46% $FFNT -47% $JUSH -47% $CL -48% $MSOS -49% $TRUL -51% $PLTH -55% $AYR -64% $LOWL -71% $GRAM -72% BTC -41% FB -47% BABA -53% ARKK -58% SNAP -61% PINS -66% NFLX -69% SHOP -73% HOOD -74% RBLX -76% PTON -79%"
X Link 2022-04-22T04:37Z [----] followers, [--] engagements
"@MitchellOsak @WeedStreet420 No doubt lack of buyers whether custodial issues/illiquid exchanges is the biggest hurdle. 99% of investing public won't touch CSE/OTC. But these mechanics are also the reason we went to ATHs with min. buyers. Algos are active short/passive buy winning due to broken mechanics"
X Link 2022-07-11T03:08Z [----] followers, [--] engagements
"Big news for #cannabis with potentially very positive implications for legal Operators: Statehouse (formerly Harborside) just had its legacy IRS 280E bill reduced from $22.1M to $5.8M with payment schedule of only $50k per month for the next [---] months: https://www.prnewswire.com/news-releases/statehouse-holdings-inc-formerly-harborside-inc-announces-agreement-with-irs-to-resolve-and-reduce-legacy-280e-federal-tax-obligations-related-to-harborside-301595520.html"
X Link 2022-07-28T17:07Z [----] followers, [---] engagements
"1/ Zooming out can be useful in #cannabis as short-term price action is often outsized due to CSE/OTC. e.g $VRNOF midrange on 1yr returns of $MSOS tracking basket. If you zoom further out to 2yr returns basket range is remarkably tight as sector trades in unison (vs. $MJ): $VRNOF is a great example of how a company can execute near perfectly on an operational level but due to a few clerical financial errors be one of the worst sector stock performers. Some will take the stock getting crushed as a buying op (me) and others will wave the white flag. $VRNOF is a great example of how a company"
X Link 2022-08-05T20:51Z [----] followers, [--] engagements
"$MSOS 🌿👈basket=$15.9B: FD ITM MC: $CURLF $4.18B $GTBIF $2.81B $CRLBF + $CCHWF $2.30B $TCNNF $2.13B $VRNOF $1.83B $TRSSF $528M $JUSHF $378M $AYRWF $336M $PLNHF $271M $FFNTF $264M $GLASF $260M $MRMD $211M $ACRDF $203M $GDNSF $63M $GRAMF $49M $VEXTF $31M $CXXIF $25M $LOWLF $23M 1/ $MSOS 🌿👈basket=$16.8B: FD ITM MC: $CURLF $4.34B $GTBIF $2.63B $CRLBF + $CCHWF $2.53B $TCNNF $2.40B $VRNOF + $GDNSF $2.20B $TRSSF $553M $JUSHF $456M $FFNTF $372M $PLNHF $357M $AYRWF $319M $MRMD $229M $GLASF $136M $ACRDF $111M $GRAMF $84M $VEXTF $42M $CXXIF $35M $LOWLF $28M 1/ $MSOS 🌿👈basket=$16.8B: FD ITM MC:"
X Link 2022-10-24T12:56Z [----] followers, [--] engagements
"$MSOS 🌿👈basket=$17.2B: FD ITM MC: $CURLF $4.87B $GTBIF $3.23B $TCNNF $2.39B $CRLBF + $CCHWF $2.12B $VRNOF $1.91B $TRSSF $575M $JUSHF $475M $GLASF $342M $FFNTF $282M $PLNHF $270M $AYRWF $226M $ACRDF $212M $MRMD $178M $GDNSF $56M $GRAMF $31M $CXXIF $26M $LOWLF $25M $VEXTF $24M $MSOS 🌿👈basket=$15.9B: FD ITM MC: $CURLF $4.18B $GTBIF $2.81B $CRLBF + $CCHWF $2.30B $TCNNF $2.13B $VRNOF $1.83B $TRSSF $528M $JUSHF $378M $AYRWF $336M $PLNHF $271M $FFNTF $264M $GLASF $260M $MRMD $211M $ACRDF $203M $GDNSF $63M $GRAMF $49M $VEXTF $31M $CXXIF $25M $LOWLF $23M $MSOS 🌿👈basket=$15.9B: FD ITM MC: $CURLF"
X Link 2022-11-21T15:38Z [----] followers, [--] engagements
"4. $MSOS 2H '22 (6mo.) returns: $GTII +17.2% $CURA -7.5% $MRMD -21.0% $CL -22.7% $ACRG -25.4% $CXXI -27.8% $TRUL -30.4% $GLAS -31.9% $VEXT -37.7% $VRNO -41.2% $CCHW -41.7% $JUSH -44.3% $PLTH -46.8% $LOWL -50.0% $TER -50.0% $FFNT -54.4% $AYR -73.6% $GRAMF -77.5% $GDNS -85.3%"
X Link 2022-12-30T22:39Z [----] followers, [----] engagements
"JAN '23 $MSOS 🌿👈basket: FD ITM MC: $CURLF $3.17B $GTBIF $2.14B $TCNNF $1.41B $CRLBF + $CCHWF $1.18B $VRNOF $1.09B $TRSSF $399M $GLASF $160M $JUSHF $148M $FFNTF $147M $PLNHF $137M $MRMD $122M $ACRDF $100M $AYRWF $93M $VEXTF $27M $GDNSF $24M $CXXIF $23M $GRAMF $16M $LOWLF $16M $MSOS 🌿👈basket=$17.2B: FD ITM MC: $CURLF $4.87B $GTBIF $3.23B $TCNNF $2.39B $CRLBF + $CCHWF $2.12B $VRNOF $1.91B $TRSSF $575M $JUSHF $475M $GLASF $342M $FFNTF $282M $PLNHF $270M $AYRWF $226M $ACRDF $212M $MRMD $178M $GDNSF $56M $GRAMF $31M $CXXIF $26M $LOWLF $25M $VEXTF $24M $MSOS 🌿👈basket=$17.2B: FD ITM MC: $CURLF"
X Link 2023-01-03T14:24Z [----] followers, [----] engagements
"2. Source: Stoic $MSOS FD ITM EVs: $CURLF $4.12B $GTBIF $2.24B $TCNNF $2.15B $CRLBF + $CCHWF $2.05B $VRNOF $1.49B $TRSSF $590M $AYRWF $539M $JUSHF $445M $FFNTF $351M $ACRDF $276M $GLASF $241M $MRMD $180M $GDNSF $121M $PLNHF $89M $LOWLF $75M $VEXTF $51M $CXXIF $35M $GRAMF $16M"
X Link 2023-01-03T15:34Z [----] followers, 12.2K engagements
"@junglejava1"
X Link 2023-03-15T22:39Z [----] followers, [---] engagements
"$MSOS FD ITM EVs: $CURLF $2.78B $GTBIF $1.82B $CRLBF + $CCHWF $1.78B $TCNNF $1.75B $VRNOF $1.41B $TRSSF $723M $AYRWF $431M $JUSHF $394M $FFNTF $343M $GLASF $315M $ACRDF $277M $MRMD $193M $PLNHF $124M $GDNSF $116M $VEXTF $74M $LOWLF $53M $CXXIF $38M $GRAMF $1M Source: Stoic [--]. Source: Stoic $MSOS FD ITM EVs: $CURLF $4.12B $GTBIF $2.24B $TCNNF $2.15B $CRLBF + $CCHWF $2.05B $VRNOF $1.49B $TRSSF $590M $AYRWF $539M $JUSHF $445M $FFNTF $351M $ACRDF $276M $GLASF $241M $MRMD $180M $GDNSF $121M $PLNHF $89M $LOWLF $75M $VEXTF $51M $CXXIF $35M $GRAMF $16M https://t.co/gIpzgcuneD [--]. Source: Stoic $MSOS"
X Link 2023-04-17T00:49Z [----] followers, 22.4K engagements
"Viridian Capital Chart of the Week: "The chart shows the Tax Adjusted Debt to Market Cap of the [--] Cultivation & Retail sector cos. in the Viridian Credit Tracker database with market caps above $20M." "Debt/Market Cap is the best one-number indicator of credit quality.""
X Link 2023-04-24T17:13Z [----] followers, [----] engagements
"1. "The Viridian Weekly Credit Report focuses on the [--] U.S. Cultivation & Retail companies with market caps between $25M and $100M. We are looking for solid credits that may be below the radar due to their size. Our top three choices are Vext.Schwazze.and C21 Investments.""
X Link 2023-05-04T21:17Z [----] followers, [----] engagements
"2. "Vext and Schwazze have solid liquidity and low leverage. C21 has a lower liquidity score but makes up for it with the lowest leverage score of the group. All three have over 25% EBITDA margins in the latest quarter and positive funds from operation." $CXXIF $VEXTF $SHWZ"
X Link 2023-05-04T21:17Z [----] followers, [---] engagements
"@S_Andreoni It's a different algo part of Nomura. They've been on all basket names for some time. Looks like they run pretty neutral. YTD on $TER about a half mil bought & sold with a 3cent spread"
X Link 2023-05-19T20:21Z [----] followers, [--] engagements
"@Abby60388610 @Sam95402386 @shompzilla @RyanFeola1 @J_Invests24 I remember WEED hit $30B MC. ACB was $10-15B MC for a while on coke rumors. TGOD hit $2B more than GTI is worth now and they didn't have a plant in the ground except for mums. Even complete scams like ISOD & HUGE hit $1B more than TRUL currently. Crazy times both then & now"
X Link 2023-05-20T01:39Z [----] followers, [---] engagements
"Viridian Capital Chart of the Week: Does the Lack of Trading Liquidity Inhibit Capital Raising "The graphs bars show the average daily dollar trading volume for sixteen of the largest U.S. MSOs and five of the largest Canadian LPs from 1/1/23 through 5/19/23.""
X Link 2023-05-22T22:05Z [----] followers, [----] engagements
"2. "Note: both Tilray.and Canopy Growth.have higher trading volume than shown on the graph at $17.5M and $17.6M respectively." "The green line on the chart shows the market cap divided by the average dollar volume or the days required to trade the companys market cap.""
X Link 2023-05-22T22:05Z [----] followers, [----] engagements
"3. Just my two cents but it's also worth noting that Viridian doesn't take into account the material amount of double prints that occur between the CSE & OTC. U.S. cannabis volumes are even lower than shown"
X Link 2023-05-22T22:08Z [----] followers, [---] engagements
"@stock_mj Down almost 20% AHs"
X Link 2023-05-25T20:29Z [----] followers, [--] engagements
"2. "A re-equitization is needed. However the group is now trading at an enterprise value of only $12B down from $38B on Memorial Day [----] and EV/LTM EBITDA is 6.8x compared to well over 20x in [----]. Given its growth prospects the industry is incredibly cheap.""
X Link 2023-05-30T17:37Z [----] followers, [---] engagements
"3. ".but the issue is the catalyst. SAFE Rescheduling/ Descheduling 280e reform None of them seem tangibly close. In the near term debt remains the only game in town but there are limits. Careful credit analysis is more critical in cannabis investing than ever.""
X Link 2023-05-30T17:37Z [----] followers, [---] engagements
"@ma_choiniere They are certainly the most investable especially for larger investors who need scale/better liquidity. But there are certainly smaller operators $50M MCs who consistently generate +FCF and are low leverage"
X Link 2023-05-30T17:48Z [----] followers, [---] engagements
"4. Given the lack of incremental/sustained bid in the underlyings it's possible the MMs would redistribute by selling the other names but the reality is the active sell algo would also just push GTI back down once buying subsided"
X Link 2023-06-04T18:02Z [----] followers, [---] engagements
"5. The only size buyers around that can run over the algo given CSE/OTC illiquidity are the ETF's market makers. ie. Think of how everyone in the tracking basket was up 30% Oct 6th when $MSOS jumped 30%/11M vol. in 1hr on Biden's rescheduling news. That was mostly the MMs doing"
X Link 2023-06-04T18:02Z [----] followers, [---] engagements
"8. So for critics of the ETF who hold any of its names you're shooting yourself in the foot when you suggest $MSOS isn't a buy but X co. is. Anyone who's a sector bull on whatever name should want the ETF to go higher as it's the easiest way for your investment to do the same./"
X Link 2023-06-04T18:02Z [----] followers, [----] engagements
"Starting to notice a trend here: i.e. consistent +arb (premium to IV) in a tight range (IMO sophisticated size ETF buyer) & $MSOS trading 200%+ of the combined notional of the underlyings Saw something very similar in the wks leading into Dec. NDAA before.well you know"
X Link 2023-07-10T17:45Z [----] followers, 13.2K engagements
"$MSOS dragged tracking basket red to green on $10M+ notional traded final hour which is more than combined underlying's $ vol. all day. Timed that trend update👇 earlier pretty well 😂 In case you're still unsure what drives sector price action (hint: it's not CSE/OTC retail). Trend continues with both +arb & relative notional vol. of $MSOS (250% of combined PT basket). Underlyings continue to lack any real bid as the ETF now outperforms its [--] biggest weightings YTD. Tune in to @mayortoby spaces @ 5pm where we'll touch on all things sector-related. https://t.co/jRyNcvwR75 Trend continues with"
X Link 2023-07-13T20:10Z [----] followers, [----] engagements
"@EstimatedProp13 IMO easy to lean 🐻 when the sector is -90% from ATHs performance is completely tethered to reform catalysts is going through boom/bust cycle of emerging industry supply/demand has its hands tied behind its back with punitive 280E & CoC etc. Price often dictates narrative"
X Link 2023-07-21T15:49Z [----] followers, [---] engagements
"@BalanJason @ItsJakePerry @TravisBrendan2 @lancefinlinson No. But regulators are asleep in and/or don't want to admit it's commonplace under their watch as then they'd have to do something about it. In the Dodd-Frank Act defined spoofing as"the illegal practice of bidding or offering with intent to cancel before execution""
X Link 2023-07-29T00:36Z [----] followers, [--] engagements
"@empax1 Even EBITDA proper doesn't make sense in a 280E/CoC world but AEBITDA is a meaningless metric. The fact that industry analysts still use it to comp multiples (thereby forcing cos. to abide) is beyond lazy at this point. IMO need a GTI to just omit it to change the trend"
X Link 2023-08-16T23:57Z [----] followers, [---] engagements
"1/ Viridian: ".focuses on screening for investible small Cultivation & Retail sector companies. We selected companies with between $5M and $50M of market cap under 2x debt/market cap and over .9x free cash flow adjusted current ratios." $CXXIF $GRUSF $VEXTF $AVNT $DB $ROMJ"
X Link 2023-08-18T19:39Z [----] followers, [----] engagements
"2. "These companies are not excessively levered and have sufficient liquidity to survive the current downturn without outside financing. The screen revealed six companies evenly split between Canadian and U.S. The median market-to-tangible book for the group is .95x.""
X Link 2023-08-18T19:39Z [----] followers, [---] engagements
"@tsegerblom C21 cancelled 4% of our fully diluted stack back in Feb. with a synthetic buyback using our +FCF. AYR also announced one a while back. But yes this is the first buyback of a leading MSO/Tier [--]. Kudos to @Bkov9 for continuing to be the leading steward of capital in the space"
X Link 2023-09-05T11:56Z [----] followers, [---] engagements
"FWIW here's a great resource/link on understanding ETFs for those trying to understand the dynamics of $MSOS:"
X Link 2023-09-09T13:32Z [----] followers, [----] engagements
"@iancassel @ObieStrickler Cannabis is probably an outlier here as we have add. costs associated with compliance/legal/audit since we have to navigate such patchwork regs & the dichotomy of state legal/federal offsides. FWIW Obie's co. is the other +FCF little guy like C21 keeping costs buttoned up"
X Link 2023-09-17T22:08Z [----] followers, [---] engagements
"@ObieStrickler @iancassel An e.g of such outlier costs is D&O which I know was excluded in this piece with justifiable reasoning but a satisfactory D&O in cannabis is probably 5x min. what it is for a normal small company so privates in the industry are less likely to take this expense on"
X Link 2023-09-17T22:19Z [----] followers, [---] engagements
"@S_Andreoni Nothing has changed quite literally which is a double-edged sword as it means structurally the space is still very deficient. They know this. Until reform actually passes custody opens up and we see a sustained bid/larger investor pool they can keep running their playbook"
X Link 2023-09-19T18:26Z [----] followers, [----] engagements
"@ItsJakePerry @mayortoby Apologies if that was your takeaway. Big bull but feel measured expectations are best after the past 2.5yrs. Cos. need to backfill fundamentals so any reform rerate is sustained. The gang is exhausted & we need more investors. Tons to be optimistic about but it will take time"
X Link 2023-09-19T23:28Z [----] followers, [--] engagements
"@JGriesler And yet where the heck did the volume go Looks like a summer holiday out there this a.m. yet another e.g. of my theory that the majority of vol. in the underlyings is driven by ETF arb/CSE algo (nothing to amplify today). The investor pool is far smaller than folks realize"
X Link 2023-09-22T13:51Z [----] followers, [---] engagements
"FWIW they are at the top on my list of who potentially runs the CSE algo. With fines so immaterial (vs. $16B in profit in '22 the largest ever by a hedge fund) why not"
X Link 2023-09-22T14:36Z [----] followers, [----] engagements
"@MeridaCap Absolutely Mitch. I've been shouting this to anyone who will listen for a long time and have collected a ton of data over the past few yrs on how it plays out on the CSE and why it's so impactful on the illiquid underlyings"
X Link 2023-09-22T15:07Z [----] followers, [----] engagements
"Oh did I mention end of day 3:59:59pm tickdowns Exhibit A: PLTH was trading green and C$1.11 at 3:59pm. Last CSE trade C$0.88 likely by the dreaded "CIBC" algo. 20% wiped out on a quarter billion dollar company with C$9k of CSE trades"
X Link 2023-09-22T20:28Z [----] followers, [--] engagements
"$MSOS FD ITM EVs: $CURLF $4.38B $GTBIF $2.77B $VRNOF $2.08B $TCNNF $1.88B $CRLBF $1.47B $TRSSF $973M $CCHWF $884M $AYRWF $756M $GLASF $431M $JUSHF $410M $FFNTF $390M $ACRDF $267M $MRMD $247M $PLNH $179M $VEXTF $79M $GDNSF $75M $LOWLF $60M $GRUSF $54M $CXXIF $45M Source: Stoic $MSOS FD ITM EVs: $CURLF $2.78B $GTBIF $1.82B $CRLBF + $CCHWF $1.78B $TCNNF $1.75B $VRNOF $1.41B $TRSSF $723M $AYRWF $431M $JUSHF $394M $FFNTF $343M $GLASF $315M $ACRDF $277M $MRMD $193M $PLNHF $124M $GDNSF $116M $VEXTF $74M $LOWLF $53M $CXXIF $38M $GRAMF $1M Source: Stoic https://t.co/JSyFBcgpad $MSOS FD ITM EVs: $CURLF"
X Link 2023-09-25T01:19Z [----] followers, 13.3K engagements
"This👇👇 Actually down more than the ETF on most timeframes. Add to the list $SHWZ $CNTMF and the other operators not included in $MSOS. The answer is not a simple one and doesn't fit a neat conspiracy narrative unfortunately"
X Link 2023-10-07T18:23Z [----] followers, [----] engagements
"FPA Crescent Fund AUM (as of 9/30/23): $9.2B As I stated on @mayortoby's spaces this has always been a big part of the bull thesis. The pool/MCs of investible public cannabis cos is so limited that if 100s of these sizable funds enter the space they'll likely envelop floats"
X Link 2023-10-13T14:46Z [----] followers, [----] engagements
"SEC Adopts Rule to Increase Transparency into Short Selling"
X Link 2023-10-13T18:08Z [----] followers, [----] engagements
"-institutional investors will have to report gross short positions monthly -SEC plans to publish aggregate stock-specific data -SEC requires institutional investors and other companies involved in lending stock as well as certain broker-dealers who borrow stocks to report info"
X Link 2023-10-13T18:16Z [----] followers, [---] engagements
"3/IMO worth noting that credit improvement from issuing equity is still advantageous in this market but reducing debt from generating +FCF is more beneficial to shareholders. Ironic then that the best credit improvement noted YTD came from the one that issued no shares to do so"
X Link 2023-10-16T19:29Z [----] followers, [---] engagements
"4/ $MSOS FD ITM MCs: $CURLF $3.06B $GTBIF $2.36B $VRNOF $1.54B $TCNNF $954M $CRLBF $751M $TRSSF $688M $CBSTF $344M $GLASF $326M $PLNH $237M $FFNTF $159M $JUSHF $153M $AYRWF $145M $MRMD $143M $GRUSF $69M $VEXTF $46M $CXXIF $36M $GDNSF $34M $ACRDF $30M Source: Stoic Oct. [--] //"
X Link 2023-10-16T19:29Z [----] followers, [----] engagements
"@J_Invests24 $MSOS is the reason the underlyings have had any bid since Sched.III news as it trades at a constant premium generating a positive arb trade on the basket. That and with such a limited pool of investors in the space its notional traded is multiples of the entire basket combined"
X Link 2023-10-17T15:41Z [----] followers, 10K engagements
"@ChartGuys @john_32748 There's some serious fundamental selling [--] of the big underlyings today. Not sure why. $MSOS has been trading at a constant premium/+arb all day vs. IV. It's being dragged down by its basket. It's why a tracking basket cos. w/o fundamental selling like us or FFNT are green today"
X Link 2023-10-18T19:02Z [----] followers, [----] engagements
"Apathy for the underlyings at a relative unprecedented low 15min into trading today with $MSOS already at $10M notional traded 3000% higher than the [--] plant-touching underlyings combined at just $300k traded. 🤯"
X Link 2023-10-20T13:49Z [----] followers, [----] engagements
"@TravisBrendan2 I know it's hard to believe given the price action but the underlyings have had nonstop offerside buying from ETF market makers thanks to the constant premium/+arb it has traded at since rescheduling news. Despite our echo chamber belief there are simply no fundamental buyers"
X Link 2023-10-20T14:03Z [----] followers, [---] engagements
"@cannasseursio @TheDalesReport IMO the opposite is in effect. $MSOS is trading at a consistent premium to Intrinsic Value of its underlyings. The job of ETF market makers is to close this gap not widen it (by capturing the arb trade). Underlyings are bought all day by the MMs generating "in-kind" creates AHs"
X Link 2023-10-24T17:14Z [----] followers, [---] engagements
"Worth a read on $MSOS/ETF mechanics from $CXXIF's Chairman - someone who has been on the leading front of market mechanics and arbitrage trading (current Chair of CDS 2nd largest depository in the world) for longer than most of us have been out of grade school:"
X Link 2023-10-30T13:17Z [----] followers, [----] engagements
"@stock_mj @BrentMittleman Pretty sure it's something else. If you look at the docs that Bruiser posted about that fund closing their prime broker is CIBC which is who's buying the big [--]. Think it's just forced cover on this fund as this isn't the usual arb prints from $MSOS:"
X Link 2023-10-31T14:44Z [----] followers, [----] engagements
"@lancefinlinson @TheDalesReport And just after I said that the +arb prints start. 😂"
X Link 2023-10-31T17:55Z [----] followers, [---] engagements
"Great to chat about cannabis capital markets & reform with the Three Amigos on TDR yesterday. Looking forward to visiting again soon. 🙏"
X Link 2023-11-04T22:23Z [----] followers, [----] engagements
"1/ Viridian Chart of the Week: "The top MSOs on the chart have largely fixed their [----] liquidity issues but investors should remain vigilant. Leverage has not been reduced; debt has been amended and extended. Re-equitization is still needed for the industrys long-term health.""
X Link 2023-11-06T18:53Z [----] followers, [----] engagements
"2/ $MSOS FD ITM EVs: $CURLF $3.43B $GTBIF $2.40B $VRNOF $2.06B $TCNNF $1.60B $CRLBF $1.07B $TRSSF $793M $AYRWF $600M $CBSTF $530M $AAWH $465M $GLASF $412M $FFNTF $349M $JUSHF $358M $MRMD $188M $PLNH $181M $VEXTF $99M $GDNSF $80M $GRUSF $65M $CXXIF $37M Source: Stoic Nov. 03"
X Link 2023-11-06T18:53Z [----] followers, 12.6K engagements
"@junglejava1 @todd_harrison Live shot of JW at the gym getting ready for the earnings call:"
X Link 2023-11-09T22:28Z [----] followers, [---] engagements
"Just confirms everything I've been saying on spaces/podcasts/tweets for some time: There is simply no fundamental bid in the space for these CSE-listed canna pubcos. The majority of the remaining vol. we see is arb/algo. Custody solve is desperately needed. #nobodyshome"
X Link 2023-11-13T18:47Z [----] followers, [----] engagements
"2/ Some context on just how illiquid these junior markets are: Notional traded as of 2pm just today: $TSLA $24B $NVDA $14B [---] CSE-listed securities COMBINED = $7.7M $3B for ALL of 2023"
X Link 2023-11-13T19:21Z [----] followers, [----] engagements
"@codyhasdadjokes Look how many min. board lots trade CSE/dark (100 shares for stocks $1 [---] $1). "CIBC" A Citadel-type runs this blanket algo on illiquid names scalping pennies (look at bought/sold avgs. compared to anyone else). eg. GTI YTD nethouse by far maj. of vol. on a [--] cent scalp"
X Link 2023-11-13T19:44Z [----] followers, [---] engagements
"In case folks have been scratching their heads on the disjointed price action in the space lately @boldux has been doing a great job covering the impactful (& fundamentally perplexing) $MJUS rebalance: @Abby60388610 Price action in the basket over the past wk or so has been entirely correlated to this $MJUS rebalance. It has negated any normal $MSOS arb flow. Shows how much influence one size buyer has. Unfortunately means that some new/fundamental buyers didn't actually bid up select names. @Abby60388610 Price action in the basket over the past wk or so has been entirely correlated to this"
X Link 2023-11-16T15:14Z [----] followers, [----] engagements
"@stock_mj @Abby60388610 Whoever runs the index that these MJUS guys are tracking needs to have their head examined. Or they need to consider that price-weighted or MC/value-weighted doesn't work in this illiquid space where fundamental winners like GTI & TSND end up sold for flawed/overlevered Tier 2s"
X Link 2023-11-16T15:32Z [----] followers, [----] engagements
"1/ Fascinating case/account to follow if you're interested in the outcome of David v. Goliath with regard to spoofing / predatory market making of an OTC biotech by the Citadel/Virtus of the world:"
X Link 2023-11-16T19:54Z [----] followers, [----] engagements
"@DnbcLive Aside from MJUS selling the illogical PA speaks to the deficient market and to what I've described previously as a balloon squeeze where size buying in select underlyings (via MJUS recently) forces selling in others by MMs to balance out IV/price:"
X Link 2023-11-17T19:55Z [----] followers, [---] engagements
"@Sagitta_47 IMO folks don't fully appreciate how deficient our space is. I harp on about no real bid but since there's 8fig. daily notional in the basket folks mistake PA as the market telling us something. Without the ETF & active sell/passive buy algo the space is mostly private equity"
X Link 2023-11-23T15:21Z [----] followers, [---] engagements
"@cannasseursio @BluntSR1 @JGriesler Assuming they don't have another misstep like HARV (50% dilution for negative ROIC/balance sheet pain) they're probably the most binary Tier [--] given their FL market share. Big rerate/multiple expansion if AU passes in '24-'25 but if it doesn't they'd likely feel it the most"
X Link 2023-11-29T14:59Z [----] followers, [---] engagements
"@hallamaniac07 @rmny1976 @Jayslightning79 @CameronMaybin When the Jays are legit contenders like [----] they smoked hockey in viewership because they are Canada's team:"
X Link 2023-12-01T02:39Z [----] followers, [--] engagements
"How it feels being invested in cannabis with conviction -- unequivocally hostage to federal reform -- while watching everything else make new highs: You can borrow someone elses stock ideas but you cant borrow their conviction. Conviction can only be obtained by trusting your own research over that of others. Conviction is necessary because at multiple points with every multibagger it's going to be you against the world. You can borrow someone elses stock ideas but you cant borrow their conviction. Conviction can only be obtained by trusting your own research over that of others. Conviction"
X Link 2023-12-04T02:15Z [----] followers, [----] engagements
"@CannaSzn @ruqqzter Buy program on TSND these inflow days. Above avg. TSX vol. is somewhat muting it. 1.2M vol. today in (400k CSE but another 770k ATS/dark which seems crazy). Don't watch TSX so don't know who's selling but buy program a smaller fraction of current vol"
X Link 2023-12-07T04:21Z [----] followers, [---] engagements
"Yet another e.g. of how state-level reform and fundamental growth has little-to-no impact on the stocks currently (along with OH). The 2nd largest state finally lets the big MSOs sell adult use and they're red likely usurped by news that big bank CEOs don't care about SAFER"
X Link 2023-12-08T17:56Z [----] followers, [----] engagements
"@cannasseursio @Rlov3ution Agreed but what fundamentals We've seen increasing sales means little w/o healthier balance sheets & delivering better earnings/FCF for SHs. Maybe we see another hype bubble with names @ 100x EV/aEBITDA again like '21 but it won't sustain & not likely from FL AU (or NJ/MD etc.)"
X Link 2023-12-12T17:27Z [----] followers, [---] engagements
"@S_Andreoni The only thing that trades its own vol. in the entire space. Everyone else's vol. is driven buy arb/algo. Said it many times recently far fewer fundamental trades than people realize. Like you said the retail still left holds. Vendor paper is probably the main real seller left"
X Link 2023-12-13T00:44Z [----] followers, [---] engagements
"@S_Andreoni FWIW looking at us is arguably the best proxy to PA drivers as we're the smallest MC in the tracking basket often w the fewest fundamental trades/houses. ie. ETF MM buy program on HHS/reform hope & now this week's MM sell program. Sprinkle in "CIBC" amplifying algo. Et Voil:"
X Link 2023-12-13T00:47Z [----] followers, [---] engagements
"@stock_mj Now add the 30% NV cultivation tax $315 per lb and it's utterly amazing we've managed to generate 18Qs of +FCF after adjusting for tax for the period"
X Link 2023-12-14T14:12Z [----] followers, [---] engagements
"1/ Canadas ATB Capital to Liquidate Failed Hedge Fund Traynor Ridge ".followed arbitrage strategies and had invested in a number of small-cap firms in the cannabis sector." ".fund was trading frantically in the early part of October.""
X Link 2023-12-18T04:07Z [----] followers, 15.3K engagements
"2/ 👀 "ATB's significant experience as an equity trader of Canadian cannabis securities which comprise a substantial portion of TR1 Master Fund's investment portfolio;""
X Link 2023-12-18T04:07Z [----] followers, [----] engagements
"@ma_choiniere No hasn't started yet which is why the post on what I found. The question is what do they have to sell or potentially cover. If the rumours are correct they were short MSOS but Bloomberg also previously reported them long some select Tier 1s & 2s"
X Link 2023-12-18T04:22Z [----] followers, [---] engagements
"@ItsJakePerry No liquidation hasn't even started"
X Link 2023-12-18T04:23Z [----] followers, [---] engagements
"@caster561 Way to combine false dilemma & hasty generalization fallacies If necessary federal reform passed to allow uplisting (whether Sched. III SAFER/updated FinCEN guidance AG Memo etc.) it's highly unlikely the stocks would be anywhere near this low especially if 280E is gone"
X Link 2023-12-19T18:42Z [----] followers, [---] engagements
"Quick 🧵 on how MSOs trade in and how OTC trades factor:"
X Link 2023-12-23T01:40Z [----] followers, [----] engagements
"@kbrodie1974 We've seen before on the Blue Senate run that inflows can sustain a relatively long bull run. Mace run in fall '21 as well as brief NDAA/Biden runs end of last yr fizzled as nothing actually changed yet. Encouraged with the new "in-kind" mechanism that it's more sustainable now"
X Link 2023-12-23T15:45Z [----] followers, [--] engagements
"@March2Millions Before anyone says the little guys don't count since they're so illiquid (certainly the case in prolonged bear markets in the sector) some Tier 3s back then had current Tier [--] liquidity in that bull run. We had similar 4mo. volume back then as the past 4mos. in Tier1s since HHS:"
X Link 2023-12-29T18:59Z [----] followers, [---] engagements
"@TheDalesReport @BenjaminA_Smith Returns really varied in '23 for the Top [--] names in the space:"
X Link 2023-12-29T21:28Z [----] followers, [----] engagements
"@MarginCall_420 @TheDalesReport @BenjaminA_Smith If you drill down further to just the dozen in $MSOS's tracking basket which acts as a tether the variance is still much greater than previous yrs. IMO this points to a greater fundamental focus where +OCF/FCF names & "healthier" balance sheets outperformed generally speaking:"
X Link 2023-12-29T21:57Z [----] followers, [----] engagements
"Even more remarkable are the 2yr returns in $MSOS's basket where only [--] names outperformed the ETF itself: @MarginCall_420 @TheDalesReport @BenjaminA_Smith If you drill down further to just the dozen in $MSOS's tracking basket which acts as a tether the variance is still much greater than previous yrs. IMO this points to a greater fundamental focus where +OCF/FCF names & "healthier" balance sheets outperformed generally speaking: https://t.co/7Fj1da0W0c @MarginCall_420 @TheDalesReport @BenjaminA_Smith If you drill down further to just the dozen in $MSOS's tracking basket which acts as a"
X Link 2023-12-29T22:24Z [----] followers, [----] engagements
"@ScottAtkison @InvestinginCan1 Only way that can be the case is if the ETF traded more often at a premium to IV the past 2yrs which would generate more MM arb buying than selling translating most to the biggest weightings. Which if the case points to $MSOS helping performance not hurting like many suggest"
X Link 2023-12-29T23:39Z [----] followers, [---] engagements
"@BenjaminA_Smith In Italy for thirty years under the Borgias they had warfare terror murder & bloodshed but they produced Michelangelo Leonardo da Vinci & the Renaissance. In Switzerland they had brotherly love.500 years of democracy & peace & what did that produce The cuckoo clock"
X Link 2024-01-02T01:05Z [--] followers, [---] engagements
"It's only noon on the 1st trading day of '24 but the start of the yr has been odd to say the least. Underlying notional traded is $77M whereas $MSOS is $19M. Two names have traded more $$ than the ETF and combine for 91% of overall notional traded. Possible fund liquidating Basket flush on low vol. Really [----] https://t.co/dcQfYgavKm Basket flush on low vol. Really [----] https://t.co/dcQfYgavKm"
X Link 2024-01-02T17:07Z [--] followers, 10.6K engagements
"@peyton976 @justinort1 Not sure how you think I'm a permabull making excuses. Have recently been on podcasts pointing out the many hurdles the industry/stocks face & have articulated the space as a binary reform trade for a long time. Share what I see in real time as objectively as possible"
X Link 2024-01-02T18:38Z [----] followers, [--] engagements
"@JGriesler On the flip side $MSOS has traded exactly 420% of the notional value of the underlyings today so maybe that's a sign too At least we're back to normal with the basket trading all of $2.9M combined. Essentially private equity until reform. 🙃"
X Link 2024-01-03T17:45Z [----] followers, [---] engagements
"@JGriesler I think my 420/private equity post woke something up 🤣🤣"
X Link 2024-01-03T18:38Z [--] followers, [---] engagements
"@_chrisroberts There was also a source familiar with the HHS letter to the DEA who confirmed to CNN that the rescheduling recommendation was to reclassify to Schedule III. But agree with your main point how oddly veiled the process has been"
X Link 2024-01-03T22:45Z [----] followers, [----] engagements
"@JGriesler @RyanFeola1 Hard to imagine it's priced in.I have yet to see an accurate account of where profitability goes if/when 280E falls. Of course it's also what can these cos. do with 100% more FCF. Of course many will focus on balance sheet cleanup but that also creates equity value"
X Link 2024-01-04T15:35Z [--] followers, [---] engagements
"@S_Andreoni @JGriesler @RyanFeola1 No doubt Sabs. But food for thought: Everyone focuses on where the ceiling is with FOMO (ie. where to sell). I focus on the profitable cos. setting a higher valuation floor to mitigate painful drawdowns in the future. To do that we need to focus on fundamental improvements"
X Link 2024-01-04T16:00Z [----] followers, [---] engagements
"@mjredeker @Th1902D Those are "in-kind" buys by $MSOS from market maker inflows which the MMs buy throughout the day (offer-side) then trade in for ETF units. They no longer flush these out into the close so much less volatile & much more in line with how a typical ETF creates/receives inflows"
X Link 2024-01-05T00:20Z [----] followers, [---] engagements
"@todd_harrison These generic comps are fine to understand the 2x in profit on rescheduling but wait til you see the breakdown I'm working on of everyone for a 280E vs. Non-280E profit difference. Eg. When we go from 275% effective tax rate to 21% (no NV state income tax)"
X Link 2024-01-06T16:30Z [----] followers, 13.9K engagements
"@acole6154 @utag3815 It was so egregious. 1pt game determined by the refs. Of the [--] players that score 20+pts the Raptors' star is 44th in FTA with only 3pt shooters below. Meanwhile:"
X Link 2024-01-10T15:20Z [--] followers, [--] engagements
"@BlueBrigade77 @SemiEvolvedM @abarnes2201 And for anyone who still thinks it's retail like past claims it's simply not whatsoever. It's an institutional algo from Citadel/Jane-type profit machine. Retail doesn't buy board lots multiple times per minute especially on ATS / dark exchanges:"
X Link 2024-01-13T05:08Z [----] followers, [---] engagements
"@SemiEvolvedM @abarnes2201 Their program may be fine-tuned to read the arb btwn big board $MSOS & its illiquid underlyings. If Bruce built the dynamic model I'm sure they have to. But the algo was there far before the ETF listed. So the machine just takes advantage of easy-to-bully quotes in markets"
X Link 2024-01-13T22:39Z [--] followers, [---] engagements
"@JGriesler @eason1237 @SemiEvolvedM @derekrogden @junglejava1 @unusual_whales @ShardiB2 Goodness has definitely become super illiquid was 1st in the run from covid lows to ATHs and is certainly undervalued given their turnaround op. performance. But they aren't in the tracking basket hence 1k traded Fri. on CSE. Only one illiquid Tier [--] is (100M float):"
X Link 2024-01-14T20:23Z [----] followers, [---] engagements
"@numbersnarrati @Th1902D @shompzilla Welcome to the markets where spoofing is a pasttime"
X Link 2024-01-15T14:28Z [--] followers, [---] engagements
"FWIW $3.5M notional traded opening 30min vs. $500k the entire day on Thanksgiving. Still peanuts but a relative win. Opening 15min price action for #cannabis on markets very encouraging considering it is usually watching paint dry when $MSOS is closed. Still relatively low volume but better than the usual $1M combined that trades on holidays. Opening 15min price action for #cannabis on markets very encouraging considering it is usually watching paint dry when $MSOS is closed. Still relatively low volume but better than the usual $1M combined that trades on holidays"
X Link 2024-01-15T15:05Z [----] followers, 15.4K engagements
"@marcusT83511074 Not a cannabis operator so not in $MSOS. But still they're a solid retailer that has shown big growth & now starting to generate cash flow"
X Link 2024-01-15T15:28Z [----] followers, [---] engagements
"@AllBullsNoBear @numbersnarrati @Th1902D @shompzilla Not a fan of the balance sheet but I bought them a couple wks ago just to collect a free warrant and seemed to have timed it perfectly for a change lol. I imagine there are a number of folks doing the same ahead of closing"
X Link 2024-01-15T15:36Z [--] followers, [---] engagements
"@mayortoby Any 280E savings available reinvested into the businesses (or returned to shareholders Ie. GTI's buyback) especially for those who have "healthy" debt or those who have managed to pay theirs off vs. just trying to solve for overleveraged balance sheets"
X Link 2024-01-16T14:13Z [----] followers, [---] engagements
"2nd day of trading since HHS SIII recommendation docs broke and guess who the #1 buyer was again today on $MSOS basket names Two things to 👀: -Look at avg. buy/sell prices. They tend to be buy avgs. when "CIBC" turns active buyer & 1-2ct sell avgs. when active seller. @SemiEvolvedM @abarnes2201 Guess who the #1 buyer was today on all the basket names One would assume $MSOS on the healthy inflow but it was actually the "CIBC" amplifying algo I've previously pointed out who was also #1 buyer on the run to ATHs. Approx. 1/3rd of volume today: https://t.co/jwIj3RRsRZ @SemiEvolvedM @abarnes2201"
X Link 2024-01-17T03:38Z [--] followers, 12K engagements
"@_OuttaControl @HenryLuMencken @RyanFeola1 IMO this is incorrect. $MSOS MMs have been buyer today as it's traded at a premium to the underlyings. Problem has been the algo's relentlessly selling into the bid today w/o reason. Vast majority of vol. "CIBC" 50% but they use [--] other houses too with identical timestamps"
X Link 2024-01-17T18:49Z [--] followers, [---] engagements
"@_OuttaControl @HenryLuMencken @RyanFeola1 They win 90% of the time. Again this is a sophisticated Citadel/Jane St.-type that has this machine fine-tuned with many inputs (like reading news) to take advantage of these illquid markets"
X Link 2024-01-17T19:15Z [----] followers, [--] engagements
"Update: $MSOS short interest increased +22% to record biweekly levels for the start of '24 at 21.3M shares: Shoutout to @Th1902D for the heads up Update: $MSOS short interest increased 6% to 17.5M for the final biweekly '23 update: https://t.co/UIj4IL3ymQ Update: $MSOS short interest increased 6% to 17.5M for the final biweekly '23 update: https://t.co/UIj4IL3ymQ"
X Link 2024-01-24T19:09Z [----] followers, 43.1K engagements
"@ElGuapoTron4000 @junglejava1 @TheDalesReport 75% tax Try C21's 285% effective tax rate on for size. 285% to 21% (NV no state income tax). So $1.76M 280E so far in '23 would have been only $0.12M normal corporate income tax. Most canna cos. likely benefit greatly on SIII but some relatively WAY more than others"
X Link 2024-01-28T21:49Z [----] followers, [----] engagements
"@S_Andreoni @MSOSinvestor Feb. 11th '21 👇👇 - the first day of the 1000day drawdown. Remember it well because we were still green and the very last to turn. Didn't fully appreciate the certainty of the monolith gravity trade back then. Lol But holy cow some of those prices 👀"
X Link 2024-01-30T01:54Z [----] followers, [---] engagements
"Here is a useful chart on the potential timing of rescheduling based on precedents: -avg. 94days from HHS recommendation to Proposed Rule (*SIII reco. 154days ago) -avg. 7mos. from Proposed Rule to Final Rule 🕦 if there's motivation to reschedule before election in 279days"
X Link 2024-01-30T17:52Z [----] followers, [----] engagements
"@PotMom2012 @WeedStreet420 Certainly some but doesn't explain why short interest is multiples higher than what it was for both the period of highest inflows (Mace late '21) and the period of highest AUM. These current creates aren't an outlier period of inflows that would justify the spike"
X Link 2024-02-01T02:41Z [----] followers, [---] engagements
"@PotMom2012 @WeedStreet420 Look here 👇 at the period covering Biden's announcement Oct'22 and NDAA late '22 as an example. Despite the huge surge in creates and price (MSOS $14s) during this period short interest was roughly 1/3rd at peak of what it is currently. This is more than structural on creates"
X Link 2024-02-01T02:50Z [----] followers, [---] engagements
"@WeedStreet420 As we all pay more close attention to the record high short interest this is probably a perfect time to revisit this comprehensive post 👇 on [--] likely SI drivers by the sector's capital markets 🐐 from back in Oct. when SI was 16M & $MSOS was $7: I was asked about $MSOS Short Interest (SI). Shorts are slippery topic. It is not always easy to get to the root cause and potential effects. A 20+% SI is indeed large. I can think of [--] likely drivers for the $MSOS SI. (Spoiler alert choose E All of the above). Lets break I was asked about $MSOS Short Interest (SI). Shorts are slippery"
X Link 2024-02-01T05:49Z [----] followers, [----] engagements
"@rtaiter @ShardiB2 Good guess. 🙃 Yes in the last 2min of the day "CIBC" (seller far left column 👇) took 'em down: e.g. AYR from $4.51 to [----] CXXI from $0.60 to $0.55 TRUL from $15.45 to $15.00 GTII from $18.97 to [-----] Fun"
X Link 2024-02-03T04:20Z [----] followers, [---] engagements
"1/ $MSOS FD ITM MCs: $CURLF $4.44B $GTBIF $3.46B $VRNOF $2.45B $TCNNF $2.11B $CRLBF $1.16B $TSNDF $838M $GLASF $623M $AYRWF $530M $AAWH $330M $PLNH $258M $CBSTF $194M $JUSHF $183M $MRMD $144M $FFNTF $116M $GDNSF $105M $GRUSF $99M $VEXTF $72M $CXXIF $49M Source: SSC Feb.02'24 2/ $MSOS EVs: $CURLF $3.93B $GTBIF $2.56B $VRNOF $2.04B $TCNNF $1.68B $CRLBF $1.26B $AYRWF $814M $TRSSF $767M $AAWH $513M $CBSTF $464M $GLASF $454M $JUSHF $403M $FFNTF $337M $SHWZ $329M $PLNH $207M $MRMD $178M $GDNSF $165M $VEXTF $104M $GRUSF $62M $CXXIF $35M Source:SSC Nov [--] https://t.co/ZEt3Uw0R90 2/ $MSOS EVs: $CURLF"
X Link 2024-02-05T05:38Z [----] followers, 16K engagements
"2/ $MSOS EVs: $CURLF $5.55B $GTBIF $3.50B $VRNOF $2.76B $TCNNF $2.76B $CRLBF $1.69B $TSNDF $1.02B $AYRWF $1.00B $GLASF $630M $AAWH $581M $CBSTF $498M $JUSHF $440M $SHWZ $364M $FFNTF $309M $PLNH $234M $MRMD $207M $GDNSF $210M $CNTMF $162M $VEXTF $106M $GRUSF $91M $CXXIF $58M"
X Link 2024-02-05T05:38Z [----] followers, [----] engagements
"@jfberke @GreenWaveMJ @CultivatedNews @Bkov9 Since we're so close to FY'23 financials I will probably wait to add that to FY'21 & FY'22 instead of annualized the 9mo.'23 like I've been doing"
X Link 2024-02-06T16:14Z [----] followers, [---] engagements
"@BrentMittleman IMO PTSD is thick (for good reason) and needs a bus to drive thru it.We've been on the cusp before and capital doesn't want to get stuck on something so binary"
X Link 2024-02-06T17:17Z [----] followers, [---] engagements
"@JGriesler @SemiEvolvedM And a partridge in a pear tree"
X Link 2024-02-07T13:55Z [----] followers, [--] engagements
"@mayortoby Of course there's more beta in the smaller names. But the two least levered in $MSOS are Tier 2/3s $PLNH & $CXXIF with essentially no financed debt. In fact $CXXI is the only co. that has less FD ITM shares & less net debt than 3yrs ago @ ATHs. Just building that table right now"
X Link 2024-02-08T17:44Z [----] followers, [----] engagements
"@HenryLuMencken @MSOElevator Here's what he just said:"
X Link 2024-02-09T20:18Z [----] followers, [----] engagements
"👀Update: $MSOS short interest has increased +10.5% to another record biweekly level of 23.6M shares as of Jan. 31st: Update: $MSOS short interest increased +22% to record biweekly levels for the start of '24 at 21.3M shares: Shoutout to @Th1902D for the heads up https://t.co/xs64uKuVqs Update: $MSOS short interest increased +22% to record biweekly levels for the start of '24 at 21.3M shares: Shoutout to @Th1902D for the heads up https://t.co/xs64uKuVqs"
X Link 2024-02-10T18:29Z [----] followers, 70.9K engagements
"2/ For those too lazy to do the math this equates to a 23% short interest in $MSOS. High indeed"
X Link 2024-02-10T18:35Z [----] followers, [----] engagements
"A lot of the volatility we are seeing the past two days is simply from the $MJUS rebalance. It is creating negative arb and balloon squeezes in specific names. in other words this volatility is artificial & temporary like we've seen in the past. Follow @boldux for updates. $MJUS continued rebalancing as of yesterday (2/12) with a -1.4% outflow. Plus $MJ sold off 1M shares of $MJUS as part of rebalancing (no outflows) New positions: $AAWH $SHWZ $IXHL Cash: $4.3M #MSOGang #potstocks $MSOS $WEED $GTBIF $CURLF $TCNNF $VRNOF https://t.co/fVG61s4sts https://t.co/z1Pivrngzb $MJUS continued"
X Link 2024-02-13T16:00Z [----] followers, 44K engagements
"@cannasseursio @boldux Yes all of the above amplifies this. Said it many times - people have no idea how illiquid these names really are since the machine grants them daily vol. despite custody. [----] longs stare at this all day but few incremental investors. Any institutional flow causes tidal waves"
X Link 2024-02-13T16:39Z [----] followers, [---] engagements
"Dear $MJUS You need to have your heads examined. Sincerely People who don't recklessly dump good cos. into no bid just to buy up the offer on bad ones"
X Link 2024-02-14T15:03Z [----] followers, [----] engagements
"As I was saying about the volatility in the basket (ie. negative arb and balloon squeezes) being driven by $MJUS's sloppy rebalance: It was a Valentine's Day massacre in $MJUS yesterday (2/14) as the rebalancing continues (adjustments exacerbated by $MJ selling): +21% $GTBIF position -42% $TCNNF position -29% $AYRWF position -28% $TSNDF position .and more #MSOGang #potstocks $MSOS https://t.co/r6g5BrFF8f https://t.co/OYcSxDLcKk It was a Valentine's Day massacre in $MJUS yesterday (2/14) as the rebalancing continues (adjustments exacerbated by $MJ selling): +21% $GTBIF position -42% $TCNNF"
X Link 2024-02-15T14:16Z [----] followers, [----] engagements
"1/ Viridian Chart of the Week: A Dramatic Demonstration of Cannabis Illiquidity "The ETF is small relative to the better-known $MSOS ETF at about 14% of the net assets but despite its smaller size the $MJUS had a dramatic impact on Cannabis stocks over the last two weeks.""
X Link 2024-02-20T16:16Z [----] followers, [----] engagements
"3/ "The MJUS accounted for between 0.3% and 23% of the stock volume during the period. The correlation of .67 between the MJUS trading activity and the stock price changes is statistically significant and somewhat scary.""
X Link 2024-02-20T16:16Z [----] followers, [---] engagements
"4/ "The rebalancing proves a couple of points about cannabis investing. Rumors (like last weeks imminent DEA announcement rumor) and technical events like the ETF portfolio rebalancing can have outsized impacts on the immature and illiquid cannabis space."/"
X Link 2024-02-20T16:16Z [----] followers, [---] engagements
"1/ $MSOS FD ITM MCs (SSC as of Feb.16'24): $CURLF $3.85B $GTBIF $3.51B $VRNOF $2.20B $TCNNF $1.62B $CRLBF $769M $GLASF $636M $TSNDF $613M $AAWH $381M $AYRWF $242M $PLNH $222M $CBSTF $168M $JUSHF $130M $GRUSF $127M $MRMD $107M $GDNSF $101M $FFNTF $80M $VEXTF $71M $CXXIF $47M 1/ $MSOS FD ITM MCs: $CURLF $4.44B $GTBIF $3.46B $VRNOF $2.45B $TCNNF $2.11B $CRLBF $1.16B $TSNDF $838M $GLASF $623M $AYRWF $530M $AAWH $330M $PLNH $258M $CBSTF $194M $JUSHF $183M $MRMD $144M $FFNTF $116M $GDNSF $105M $GRUSF $99M $VEXTF $72M $CXXIF $49M Source: SSC Feb.02'24 https://t.co/gEC7KxKKAG 1/ $MSOS FD ITM MCs:"
X Link 2024-02-21T15:13Z [----] followers, 15.3K engagements
"2/ $MSOS FD ITM EVs (SSC as of Feb.16'24): $CURLF $5.12B $GTBIF $3.56B $VRNOF $2.51B $TCNNF $2.27B $CRLBF $1.30B $AYRWF $810M $TSNDF $808M $GLASF $643M $AAWH $632M $CBSTF $472M $JUSHF $387M $FFNTF $277M $GDNSF $206M $PLNH $198M $MRMD $169M $GRUSF $118M $VEXTF $106M $CXXIF $55M"
X Link 2024-02-21T15:21Z [----] followers, [----] engagements
""President Joe Biden ordered a review of federal marijuana policy in October [----] and a formal decision from the DEA is expected soon potentially in the coming weeks according to two people with knowledge of plans." -@NBCNews https://www.nbcnews.com/politics/white-house/veterans-groups-join-calls-biden-administration-reschedule-marijuana-rcna139565 https://www.nbcnews.com/politics/white-house/veterans-groups-join-calls-biden-administration-reschedule-marijuana-rcna139565"
X Link 2024-02-22T14:02Z [----] followers, [----] engagements
"1/ "This conflict between federal and state laws has also allowed an unregulated cannabis market to gain footing across the United States. The unregulated market is one that cultivates manufactures distributes and sells cannabis without a government-issued license permit.""
X Link 2024-02-22T17:57Z [----] followers, [----] engagements
"1/ $MSOS FD ITM MCs (SSC as of Feb.23'24): $CURLF $4.04B $GTBIF $3.59B $VRNOF $2.12B $TCNNF $1.95B $CRLBF $890M $TSNDF $664M $GLASF $636M $AYRWF $408M $AAWH $348M $PLNH $228M $CBSTF $171M $JUSHF $162M $GRUSF $133M $MRMD $110M $GDNSF $106M $FFNTF $87M $VEXTF $61M $CXXIF $48M 1/ $MSOS FD ITM MCs (SSC as of Feb.16'24): $CURLF $3.85B $GTBIF $3.51B $VRNOF $2.20B $TCNNF $1.62B $CRLBF $769M $GLASF $636M $TSNDF $613M $AAWH $381M $AYRWF $242M $PLNH $222M $CBSTF $168M $JUSHF $130M $GRUSF $127M $MRMD $107M $GDNSF $101M $FFNTF $80M $VEXTF $71M $CXXIF $47M https://t.co/QC1O5nVCSE 1/ $MSOS FD ITM MCs (SSC"
X Link 2024-02-26T13:56Z [----] followers, 13.3K engagements
"2/ $MSOS FD ITM EVs (SSC as of Feb.23'24): $CURLF $5.31B $GTBIF $3.63B $TCNNF $2.60B $VRNOF $2.43B $CRLBF $1.42B $AYRWF $879M $TSNDF $859M $GLASF $643M $AAWH $599M $CBSTF $475M $JUSHF $419M $FFNTF $284M $GDNSF $212M $PLNH $204M $MRMD $172M $GRUSF $124M $VEXTF $95M $CXXIF $57M"
X Link 2024-02-26T14:03Z [----] followers, [----] engagements
"@stock_mj @BenjaminA_Smith Bingo. There's no relative T1/2 value comp. for them as they have no peer. Nobody else does what they do at scale whether 9fig. after-tax OCF +P/E BB etc. We're the only other one who's paid off their senior debt with FCF & bought back 4% of our FD shares but we don't count"
X Link 2024-02-28T22:52Z [----] followers, [---] engagements
"@GreenWaveMJ Fair point. Rushed it out and didn't wait for the financial statements to see note on Income Tax and what portion of the provision was deferred tax. Either way they paid more than their entire provision previous 2yrs. See note 1"
X Link 2024-02-29T02:09Z [----] followers, [---] engagements
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