Sammy J @sammyj_19
VP Corp Dev @ C21 / #MSOgang Founding Member & Chief Data Officer / #cannabis comp table nerd Joined December 2013-
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Missing the news in Jamaica but congrats everyone. FWIW, same thing happened when I was on family vacation with HHS in August. I need to vacation more clearly. Also, reminder, not all benefit from S3 the same on OCF. Eg. $CXXIF 275% effective tax rate whereas some don't book 280E
NEW: Schumer is hoping to add stablecoin + cannabis banking legislation to the FAA bill even though they weren't included in the base text, I'm told. But a spokesperson for McConnell says he "continues to oppose marijuana banking." For @POLITICOPro: subscriber.politicopro.com/article/2024/0…
"...appears to be dead." If you let this poorly sourced 'story' ruin your weekend, that's on you. This 'story' looks more like an ad for Dutchie than it does actual journalism. It may turn out to be the case, it may not. Until I hear it from an actual Senator, it's just a rumor.
"...appears to be dead." If you let this poorly sourced 'story' ruin your weekend, that's on you. This 'story' looks more like an ad for Dutchie than it does actual journalism. It may turn out to be the case, it may not. Until I hear it from an actual Senator, it's just a rumor.
Lawmakers Urge DEA To Stop Dragging Its Feet On Weed 🇺🇸 #Cannabis 🌿 huffpost.com/entry/lawmaker…
@cannaVester @HenryLuMencken @JulieNBCNews The link is correct. Here are the correct corresponding images to the letter from lawmakers to the DEA:
👀👀
FWIW, there would be no need for the DEA to cite "including an opportunity for a public comment period" in its previously unreported response (earlier this month) to lawmakers if it wasn't intending to reschedule. H/T: @c2412345
FWIW, there would be no need for the DEA to cite "including an opportunity for a public comment period" in its previously unreported response (earlier this month) to lawmakers if it wasn't intending to reschedule. H/T: @c2412345
$MSOS ❖ MARIJUANA INDUSTRY WILL ADD $112.4 BILLION TO US ECONOMY IN 2024 The total U.S. economic impact generated by regulated marijuana sales could top $112.4 billion in 2024, about 12% more than last year, according to analysis from the newly released MJBiz Factbook.…
Senators have discussed additions to FAA legislation that would regulate stablecoins and allow state-licensed cannabis operations to use the federal banking system.
Even though the algo here is tuned to show you trending topics you're interested in, this is BY FAR the highest number of posts I've ever seen associated with our space. Scrolling thru them, it was refreshing to see so many NOT associated with our echo chamber. Normalization.
Senate tonight agreed to take up the House-passed 5-year FAA reauthorization bill. The motion to proceed to the legislation was requested by Schumer. Current FAA programs are set to expire on May 10th.
Senate tonight agreed to take up the House-passed 5-year FAA reauthorization bill. The motion to proceed to the legislation was requested by Schumer. Current FAA programs are set to expire on May 10th. https://t.co/JQvLQp3xsC
Currently, small cannabis biz's are forced to operate w/cash only, making them a serious public safety risk. We need to pass banking reforms like the #SAFEbankingAct, which has passed the House w/bipartisan support multiple times, to help legal cannabis biz's by getting them…
"On the annual 4/20...Murray held a news conference to say she will prioritize marijuana banking reform as part of her work as a key negotiator on a conference committee that is ironing out...a major federal competitiveness and innovation bill." npr.org/2022/04/20/109…
Enjoy your daze...I mean day🫡
Sending people to prison just for possessing marijuana has upended too many lives and incarcerated people for conduct that many states no longer prohibit. It’s time that we right these wrongs.
The tragedy and stupidity of illegal weed in Pennsylvania. Two lives destroyed. Exactly 5 years ago, I was on an historic 67 county conversation on making weed safe, pure, legal, and taxed. We’re surrounded by states that made it legal. Never too late for LEGAL WEED IN PA.
To add, the basket traded only $11M notional today combined. Mostly dark pool volume, and the algo basically traded 100 share board lots to itself all day. Not retail.
To add, the basket traded only $11M notional today combined. Mostly dark pool volume, and the algo basically traded 100 share board lots to itself all day. Not retail. https://t.co/M8nrJoEvhn
@capitangains Not sure how it can be baked into such a deficient market absent custody/min. instl. participation? ie. Only $17M notional has traded in the underlyings combined today Basket primarily trades on arbitrage & algos, which have no conscience & are completely void of fundamentals.
FWIW, this OLC legal opinion would be binding.
FWIW, this OLC legal opinion would be binding.
Todd Harrison @todd_harrison
58K Followers 778 Following Founding Partner/CIO @CB1Cap 🇮🇱🎗️🏴☠️ https://t.co/W1jxRp41lf X = news; X subs = canna mkts; substack = all; none = advice #LFGrow🌿Brady Cobb @BCobblaw
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104K Followers 1K Following Founder and CIO of a $1 Trillion Hedge Fun. Account for entertainment purposes only. Explicit language@todd_harrison @junglejava1 @CannaVestments @mayortoby @empax1 @MorganPaxhia @stock_mj @Cannalorian @WeedStreet420 @S_Andreoni and @sammyj_19 with the arbitrage algo analysis keeping us informed on the shenanigans!
Big shoutout to @todd_harrison @junglejava1 @CannaVestments @mayortoby @empax1 @MorganPaxhia @stock_mj @Cannalorian and all the other OGs! These were the first accounts I followed during my #cannabis investing journey. X spaces, the podcasts, and the DD 🫡 #MSOGang $MSOS
Today is a vindication for patients past and present. I’m attending this hearing which will be even more timely than originally intended.😎 @AmericanCCo
@sammyj_19 Going forward that matters , but right now it’s all about the hated LP’s proxy trades
@chris_honeybee 280E relief is just massive. Plus, Sched III has the potential to unleash capital markets, if coupled with something like SAFE Banking, and could help normalize federal rules governing the industry. It’s a big deal, if not all positive to your good points…
@sammyj_19 We’ll gladly pay for you to be on full time vacay 🤣
@sammyj_19 Spoke to Sonny and Bruce your vacation has been extended indefinitely 🤣
I'm going to refrain from quick flinches, but just remember that "step-functions" with stored "kinetic energy" will never produce a linear outcome. We have not seen anything yet.
To those who think the HHS tome + public admittance by DEA is “old news” isn’t appreciating the “incrementalism + kinetic energy” themes I’ve been talking about. It can’t be linear. By design.
@DTRTcannabis Let the barbarians in!!! Safe harbor + up-listing in SAFE Banking?
@sammyj_19 thank you for your thoughtful vacay planning, Sammy!
@sammyj_19 Omg I thought of you being on vacation again this time when I saw the news! 🤣
@sammyj_19 thank you...guess the shoulders doing better 💪
@sammyj_19 I hope you are planning your next getaway....enjoy yourself Sammy. 🍻
I keep thinking there’s no way this knucklehead is actually a lawyer, bc his posts are consistently filled with misspellings and he argues like a 3 year old. He also has threatened to sue me multiple times, but every time I beg him to so I can see the sources of his funding…
More garbage from the drug pushing Senator from Massachusetts. There is no medical benefit to pot. Pot causes psychosis which is not true of cocaine. And if fentynal should be on Schedule 1 then put it there. Sen. Warren shd protect our kids n stop doing the bidding of Big Pot.
"Michigan's cannabis industry employs more than 46,000 workers" (pretty wild that 1% of the 4.8M people employed in Michigan today work in the cannabis industry) bigrapidsnews.com/news/article/m…
$MSOS still edging out $SMH YTD. $NVDA CEO Jensen Huang is on 60 Minutes this weekend... so maybe the semis lift on Monday to take the lead.
Key House Republican Would Back Stablecoin-Marijuana Combo Bill @DougKass @mayortoby @WeedStreet420 @jesseredmond @RealMoney bloomberg.com/news/articles/…