LogicPrevails
@LogicPrevails_
In search of clarity. Tweets are opinions only and are not investment advice.
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"Longs with capital" won't play in this space as long as a single ETF manager determines the price action in irrational ways like bidding up bankrupt companies and selling the strongest performers. Who would want to hang their career on that? S3 alone doesn't fix that
Punting to Congress should be the ideal solution for Trump: - doesn't give away 280E revenue for nothing (replace with excise tax) - can provide funding for regulation and law enforcement - would shift any voter anger away from himself and onto Congress x.com/RepGregSteube/…
It makes zero sense that federal law treats marijuana the same as heroin and LSD. It is even more ridiculous that cocaine is technically classified as less restrictive than marijuana. This week, I’m reintroducing my Marijuana 1-to-3 Act to move marijuana from Schedule I to…
I really like the Newswire Indicator. These are companies who are so busy not making any money, that they spend all their time publishing "news announcements" about all the things their "launching", while they're just frauds on their way to zero. Pay attention. You'll see...
I don’t have to guess. It’s exit liquidity
The year is 2025 SPX is at ATH Bitcoin is at ATH SPACs, meme stocks and altcoins are back And $MSOS is -27% YTD as pumpers hype the confirmation of a "Just Say No" DEA Admin and the passage of legislation that increased recreational drug control as bullish
Not sure why statute and precedent would have any relevance Only thing that matters is being in the crosshairs of the Administration and the political win that can be gained by doing the exact opposite of what Newsom would do
1/ The Glass House raid isn’t just a test for legal cannabis. It’s a test for regulators, shareholders, and the exchanges that list these companies. This is what being a public entity means: accountability when things go wrong. And this time, things may have gone very wrong.
Canadian retail sales disappointed with a -0.6% May decline and StatsCan penning in a -0.3% June swoon. The lone standout? Cannabis, with a smoking +3.4% pop. Goes to show that when consumer confidence is low, it’s time to get high!
It’s not that the market is ignoring the fundamentals. Perhaps it’s just that the market doesn’t care about ‘your’ interpretation of the fundamentals. Your opinion doesn’t matter. It’s the markets collective opinion that actually pays anyone. So that’s the only one we follow.
This, and buying wholesale/selling retail, capture the essence of how to show gains from long canna equity
It makes zero sense that federal law treats marijuana the same as heroin and LSD. It is even more ridiculous that cocaine is technically classified as less restrictive than marijuana. This week, I’m reintroducing my Marijuana 1-to-3 Act to move marijuana from Schedule I to…
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