If you are on “team custody”, I am with you, please like or RT to let
@NYSE
and
@BNYMellon
you are with me. (I know it’s engagement bait, but they will see it, and in a good way they should know you are too!).
#progress
#kindness
so now the question for
@SenSchumer
is keep pandering and blocking
#SAFEBanking
or pass it before the election to "claim" the victory, or risk losing the Senate and having it pass early next year.....
#MSOGang
Hey
@donmurphy12a
you have a view on how this might work???
To publicly address a few questions that have been directed toward us. We are not selling $CURLF based on the Russian war, or any internet speculation, this position remains a high conviction position and anyone that suggests we would sell based on that speculation is incorrect.
Thank you! We are officially the largest public fund manager of cannabis stocks!! We didn't get here without your support!! and to stay on brand, remember this milestone is good for the manager, the metric that matters for shareholders is performance, and we will stay focused..
Ok, with 30 minutes, to go, our newest US focused cannabis ETF is over a million shares traded, but the important stat is we are trading more in dollar value volume than the big index version. (by a lot) and we are only 1/3 the size of that
#ETF
:)
#Thanks
I think this is the first time we have trade over 1 million shares on both cannabis ETFs in the same day - very cool, thanks for the support!
#potstocks
#cannabisETF
we should have some good news later this week for active traders in the
#cannabis
space
#MSOGang
hopefully designed to provide more capital flow to the space.
Today's vote to protect marriage and protect religious liberties marks the end of a long fight for the basic civil right for any two people to marry without discrimination.
#FreedomFirst
#Liberty
#RespectForMarriage
just speculating here, but this is probably the Harris team right now on the phone with Merck Garland about he release of the Garland memo.... :)
#MSOGang
Ok, before the markets open, I wanted to make a public service announcement :) coming off a great weekend where the
#MSOGang
really came together and where I am reminded how much of a blessing it is to be part of this group, AND congrats to
@rosiemattio
on running the NYC
Tomorrow, the Senate will vote on protecting one of the most fundamental freedoms that women have in this country:
The freedom to choose whether or not to have an abortion.
Americans will see where every single senator stands.
big day for our most recent
#ETF
- I wanted to thank everyone for the support, it means a lot to us and we really appreciate it. We traded right at $26mm in volume, versus the largest index version that traded about $16mm. Thanks again!
#potstocks
#cannabis
#cannabisETF
this is a really, really big deal, not because some Fed action is around the corner, but this is going far more mainstream, right to voters - BUT expect more volatility ahead... outstanding work
@weldon_angelos
@BCobblaw
(and others who are helping you...)
“The White House Council has reached out to a number of advocates including myself and it seems they’re putting together some kind of clemency program like Obama did and they’re going to put marijuana in the focus.”
@weldon_angelos
🙌
🇺🇸
#cannabis
🌿
#justice
⚖️
anyone want a spaces tonight to talk about the end of day market making activity?? 7:00pm EST before the
@dcunited
gave versus
@FCBayernEN
10 likes on this tweet and I'll do it....
#MSOGang
If you remember all of the times it went down for no apparent reason, you should not be surprised to see days it goes up for no apparent reason.
#investing
I’m going to be Debbie downer here, and Say I do think the packaging looks great, but these will be exhibit A for politicians, looking for excuses not to pass legislation due to concerns around marketing to kids.
two things on the U.S.
#Cannabis
strategy, first, we out traded the behemoth today! (which means over 2x the dollar value of volume) but wished it was a green day, not a red one - the
#ETF
is now approved (along with the global strategy) on
@RBC
for their clients.
#MSOGang
ok, we did it! out traded the $1B index
#cannabisETF
by about $3mm ($20.5mm traded v. $17.1mm) even though we are 1/5 of the size from an AUM perspective. thanks again for everyone support, it doesn't happen without you.
#ETF
Welcome back to the Senate Banking Committee where a deal on
#SAFEBanking
is ‘imminent’ according to Chairman Brown. In my conversations with the key players, all sounded upbeat about SAFE’s immediate future.
tell me the pharmaceutical industry has a strong financial grip over our politicians, without telling me the pharmaceutical has a strong financial grip over politicians....
#MSOGang
@SenSchumer
@CoryBooker
@RepNancyMace
I'm here, what did I miss? was at a funeral for a 34 year old woman, died of cancer
#cancersucks
I know some days are challenging, but don't miss a day to have some (and share some) happiness! life is too short.
for those asking about us promoting our newest cannabis ETF more, launched 9/1, I am just now getting twitter approval for our ad - only 3 months! (just to give you a window to what it's like trying to market a cannabis ETF).
We need more love and kindness on this
#ValentinesDay
and
@ShardiB2
is right. I expect a little noise from the trolls but there seems to be more than normal blaming and very little self accountability. I know I am probably preaching to the choir here, but if you follow me and/or
Marijuana reform that was widely seen as achievable failed to pass Congress in the past two years. My new Forbes column lays out why the bulk of the blame falls on Senate Majority Leader Chuck Schumer.
if you tweet about your believe in an industry and you regularly tweet out information in that space, and people appreciate it when prices are up, but when prices are down, they think you should stop, they are the ones that should change, not you.
#MSOGang
tough day in the market and in
#potstocks
, but we traded $30 million more in volume that the passive index behemoth -the one with tobacco stocks :) thanks for the support!
also just a reminder
@Bkov9
is on the
#AlphaNooner
monday, he said he will either call the bottom or show his bottom, tune in to find out. (jk) :)
#MSOGang
I think most of the
#MSOGang
has seen this, but sharing just in case. We will do
#givingfriday
early this week and will double the normal amount - get well soon Alan
@Invest420
Medical Fundraiser for Alan's Recovery
This might be a good time to remind everyone, that large inflows usually drive hedges being dropped at the end of the day, large outflows, is the opposite. Just want to get ahead of any volatility at the end of the day (note, opening and closing are the toughest times to trade)
Too many lives have been upended because of our failed approach to marijuana.
So today, the
@TheJusticeDept
is taking the next step to reclassify marijuana from a Schedule I to a Schedule III drug under federal law.
Here's what that means:
today is the best example to understand where
#cannabis
sits in (some) investors portfolios, this is the high risk/high volatility portion, so on the downside, this gets sold first (appears similar to
#crypto
) this will probably be the case for a while.
#MSOGang
another double million shares traded day, and on increasing NAV's so it's great! thanks again for the support! - with my standard reminder... as
@MoneyLynch
says "Take care y’all mentals, y’all bodies and y’all chicken"
#cannabisinvesting
#potstocks
#cannabis
Wait, so
@SenSchumer
will present bills that he thinks will pass but get rejected (by his own party majority?). Strange that as a 10 year self described advocate he wouldn’t present
#SafeBanking
for a vote (to keep fewer U.S. cannabis workers from getting murdered). Hopefully, he
@caster561
what's also strange about this tweet is you and I have chatted on the phone before. you can call me to ask theses questions, putting the speculation out there is weird, and not in line with my understanding of your experience knowing the responsible of portfolio manger.
The character people show you in the tough times, is really the same as in the good times, even though in the good times, some will act very differently.
So to those who give grace and kindness regardless of the times, know that you are genuinely appreciated.
So, an important reminder as we start this new
#ETF
, remember, we are probably going to fall into 4 categories 1) you love what we are holding, 2) you hate what we are holding, 3) you love that we are not holding something, and 4) you hate that we are not holding something
Good News!
#SAFEBanking
is moving ahead in spite of the nonsense. We could have had success sooner rather than later. Things are looking up. Have a great weekend.
@KushDaddyOG101
@InvestinginCan1
@AdvisorShares
Thanks, but really congrats, to the
#MSOGang
this is all from their support, we promise to do the best we can with that capital. I personally believe we have a lot of growth ahead, probably some volatility too. thanks for making this fun!
.
@RepPerlmutter
just told the House Rules Committee that he's going to offer his marijuana banking legislation as an amendment to "every single bill I possibly can until it's passed.”
Stay tuned tonight to see if
#SAFEBanking
will get another floor vote this week...
for those asking, we don't have any animosity toward Alan
@invest420
comments - he is clearly struggling. I know some of it is a marketing strategy, but if you market based on hate, you attract hateful clients. We hope he find health and happiness.
#MSOGang
ok, right this second, our newest cannabis ETF is trading more in dollar value than the largest index cannabis ETF. I know they will separate more throughout the day, but still very cool to see, thanks again for the support!
#potstocks
#cannabisinvesting
The government got it wrong on
#cannabis
. We need to focus on the real problems, like fentanyl & other deadly drugs.
#Marijuana
should be reduced from Schedule 1 to Schedule 420.
I don't agree with the dead money thesis for 2022, not because there will be actual Fed movement, but because many of the politicians will make promises again going into the mid-terms, and we should see lots of headline volatility. we need the states and fundamentals to lead here
interesting day, one swap provider announces they are leaving the
#MSO
space, then several others call to open the door to some new relationships. it's always weird how good and bad news happen so close to each other.
#MSOGang
see you on the
#AlphaNooner
paper traders shouting at those who are actually in the game are funny - so many of you share your insight on here for free and put real money to work behind it. Paper traders are just waiting for the next subscription renewal.
Schools are closed here tomorrow, so in case I sleep in late, tomorrow will be volatile for cannabis stocks and related ETFs. Be careful trading at the open, consider using limit orders. That is the end of the public service announcement. O, and maybe expect a halt or delayed
ok, it's going to be close, but this could be the first day we trade more in dollar volume than the largest
#cannabisETF
- we have done it before for a few hours, but not for a full day, still 15 minutes to go and we are about $1mm ahead in volume.....
The longer we wait to pass bills like
#SAFEBanking
, the more minority and women-owned cannabis businesses will suffer.
#WeNeedSAFENow
so we are another step closer to a more equitable industry.
current stage we are in for cannabis investing: subj line from an email we just received. "Dan Ahrens. How could you let valuations in MSOS go down to levels like this... you fucking bald creep" (to be fair, I think they are confusing the bald guy on the
#AlphaNooner
with the PM)