Benjamin A. Smith @BenjaminA_Smith Twitter profile

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Benjamin A. Smith

1 year

Just published, I took at look at all the debt maturities among 9 top $MSOS (Ascend Wellness, Ayr Wellness, Columbia Care, Cresco, Curaleaf, GTI, TerrAscend, Trulieve, Verano) to see if 'debt cliff' concerns for 2023 were grounded. Data table included.

Cannabis MSOS 2023 Debt Cliff Concerns Overblown—Most Debt Matures In 2024 & Beyond

Reality or fiction? There's been much talk about potential 'debt cliff' concerns facing U.S. cannabis multi-state operators (MSOs) in 2023

thedalesreport.com

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Benjamin A. Smith

@BenjaminA_Smith

5 years

Amazing. Up to 1000 people lining up for legal #cannabis at this Collinsville IL dispensary. It's been over 200 years since anyone in #Illinois has been able to purchase 🌱 legally in-state. Lineups began at 7:00pm last night. This is what pent up recreational demand looks like.

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Benjamin A. Smith

@BenjaminA_Smith

5 years

Initiial videos of Michigan's 1st day of #cannabis legalization are out. The one below is the lineup outside of Exclusive Ann Arbor - the state's first licensed rec dispensary. A great turnout - even though most 1/8s and grams are retailing for $50 and $17, respectively.

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Benjamin A. Smith

@BenjaminA_Smith

5 years

Colorado #cannabis sales are out. Incredibly, a state with only 5.7M people is out-retailing Canada (pop. 37.05M people) by close to 40% nine months into legalization. How many $HEXO s will it take before gov realizes lack of retail and medieval branding regs are the problem?

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Benjamin A. Smith

@BenjaminA_Smith

3 months

Well, confirmation has finally come about that the DEA will reclassify #cannabis to Schedule III, which brings about the alleviation of 280e. Congrats to all $MSOS and cannabis equity holders for staying the course. Hopefully your just reward is due.

US poised to ease restrictions on marijuana in historic shift, but it'll remain controlled substance

The U.S. Drug Enforcement Administration will move to reclassify marijuana as a less dangerous drug, a historic shift to generations of American drug policy that could have wide ripple effects across...

apnews.com

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Benjamin A. Smith

@BenjaminA_Smith

5 months

Alan Brochstein after publicly telling investors to sell $GTBIF last week, only for GTI to beat on rev growth & topline, EBITDA and increase their buyback by another $50 million.

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Benjamin A. Smith

@BenjaminA_Smith

5 months

🇺🇸 @POTUS should fire @DEAHQ Administrator Anne Milgram for derelict of duty for slow walking rescheduling, despite the August '23 HHS recommendation to which they are legally binded to accept the science. Like & retweet if you agree! $MSOS #CannabisCommunity #legalizecannabis

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Benjamin A. Smith

@BenjaminA_Smith

9 months

Live look at Kevin Sabet after the solid majority win on #Issue2 tonight.

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Benjamin A. Smith

@BenjaminA_Smith

5 years

Can't make this up. 13 mo after @jimcramer emplored investors to buy $CGC at $49/share "It's done down", Cramer now advising that "The 🌱 industry is just not what it was cracked up to be." All b4 🇪🇺/🇺🇸 unlocks. This is why retail keeps getting hosed.

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Benjamin A. Smith

@BenjaminA_Smith

6 months

When Germany legalizes rec cannabis in a few days, I sincerely hope the optics of this event resonates with the @DEAHQ . It's one thing for Canada to do it—quite another for the EU's #1 economy with the world's 4th ranked GDP to do so. And this is FULL descheduling, not even Sh3.

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Benjamin A. Smith

@BenjaminA_Smith

5 years

Just in the last 3 weeks, #weedstocks investors have had to face: - $TRST un/lic grow affair - Bruce Linton's 🥾 from $CGC - $ACRG / $HARV state investigation for license limit breeches - $CURA receives #CBD 🛑 letter If you can survive this shit storm, u can survive anything.

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Benjamin A. Smith

@BenjaminA_Smith

6 years

@JeffBezos @zerohedge So, how much is the ex getting @JeffBezos ?

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Benjamin A. Smith

@BenjaminA_Smith

4 years

Sickening: $KODK Executive chairman granted options for 1.75M shares ONE DAY before Trump admin announced a $765M financing deal sent stock soaring. Corruption is so blatant nowadays, from all sides and political leanings. WhereTF is the SEC?

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Benjamin A. Smith

@BenjaminA_Smith

5 months

This just hit my inbox courtesy of Seabreeze Partners Management. It appears @DougKass is making a significant directional call here, so take this as you will. 🍀 to all. $MSOS

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Benjamin A. Smith

@BenjaminA_Smith

5 months

The absolute gall of shameless pandering knows no bounds with Schumer or his out-of-touch SM staff. We're clearly being trolled, and have been for a very long time. Bring a floor vote or STFU!!! Just about everyone has had enough of this 💩 $MSOS

Chuck Schumer

@SenSchumer

5 months

The SAFER Banking Act would be a huge step to help cannabis businesses. And we must pass it along with provisions to expunge records for cannabis offenses like HOPE and GRAM.

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Benjamin A. Smith

@BenjaminA_Smith

5 years

This is what the $ACB “largest experiential and retail cannabis store in 🇨🇦" in West Edmonton Mall looks like. Modern, bright, airy high ceilings feel, and most of all, an inviting/non-intimidating atmosphere that's sure to attract customers of all ages.

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Benjamin A. Smith

@BenjaminA_Smith

6 months

$10.08 — Remember this number. This was the apex high (premarket) of the short-lived Sep rescheduling rally in $MSOS. There's scant overt technical resistance until the $14 area, where prices crashed after SAFE's NDAA failure in Dec 2021. If I were short I'd be getting nervous.

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Benjamin A. Smith

@BenjaminA_Smith

1 year

Is anyone else done with the never-ending hopium that politicians will get meaningful legislation done. The latest: Bipartisan lawmakers have refiled bill to lay the groundwork for federal #cannabis legalization. Just deschedule—that's all that's needed!

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Benjamin A. Smith

@BenjaminA_Smith

4 years

Dear Republicans, Now would be an ideal time to pass the #SAFE Banking Act. Let cannabis companies do their part. Economy needs all the help it can get.

Norbert Elekes

@NorbertElekes

4 years

NEW: Fed official says U.S. unemployment rate may hit 30% in the second quarter.

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Benjamin A. Smith

@BenjaminA_Smith

5 years

Medipharm $LABS fins are out: Total Rev: $31,472M Cost of Sales: $20,161M Gross Profit: $11,311 Op Income: $4,227M Net Income: $1,967M Congrats for being one of the few solidly profitable industry players on a net basis. Real profitability too not one-time gains or adjusted.

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Benjamin A. Smith

@BenjaminA_Smith

5 months

So if the IRS ruled that 280e does not apply, implying by defacto than cannabis is not or should not be considered a Schedule 1/2 narcotic, WTF is taking the @DEAHQ so long? Federal agencies should NOT be in conflict with one another. $MSOS

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Benjamin A. Smith

@BenjaminA_Smith

5 years

Just out: $CGC Canopy Growth receives Health Canada licence for modern beverage facility in Smiths Falls. The new facility is operational and will begin producing 🌱-infused bevs *today*. First wave of production with include 11 different beverages.

Canopy Growth Receives Health Canada Licence for State-Of-The-Art Beverage Facility

/PRNewswire/ - Canopy Growth Corporation ("Canopy Growth" or the "Company") (TSX: WEED), (NYSE: CGC) is pleased to announce today that on November 22, 2019, it...

www.prnewswire.com

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Benjamin A. Smith

@BenjaminA_Smith

4 years

Kamala Harris has done it 3x. This additional reiteration to "decriminalize #marijuana " on the national stage leaves little doubt about policy intentions should the blue wave arrive. Thanks @weedstreet420 and @S_Andreoni for article contributions.

Democrat Vice President Nominee Kamala Harris Reiterates Dovish Party Stance On Cannabis

While the debate descended into the usual morass of question dodging and half-baked responses, party stance on cannabis was discussed.

thedalesreport.com

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Benjamin A. Smith

@BenjaminA_Smith

4 years

When you waited weeks for a meaningful dip to buy US $MSOS but none ever came. $AYR +4.12% $CRLBF +5.43 $CURA +5.76% $GTII +6.40% $TER +5.11%

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Benjamin A. Smith

@BenjaminA_Smith

5 years

Wow... Love the Aurora Cannabis $ACB news and taken aback by the reaction. $1.4 billion on FD market cap added pre-market... When @CamBattley signaled that the institutional investors were coming, he wasn't messing around. Trian is a multi-billion dollar asset management firm 🏆

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Benjamin A. Smith

@BenjaminA_Smith

5 years

In my view, more great news for vaping hard/cart makers as the CDC CONCLUSIVELY singled out Vit E Acetate as the culprit for the crisis. Not a THC or CBD or nicotine issue. Reg risk still present but the news cycle is turning. $SLNG $KSHB $TILT worth 👀.

CDC Confirms A THC Additive, Vitamin E Acetate, Is The Culprit In Most Vaping Deaths

The spate of more than 2,500 acute vaping-related lung injuries tracked by the Centers for Disease Control and Prevention is on the decline, epidemiologists say, and the number of deaths has slowed.

www.npr.org

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Benjamin A. Smith

@BenjaminA_Smith

5 years

Sudden #weedstocks CEO resignations/firings so far in 2019: Bruce Linton – $CGC Sean Dollinger – $N Vic Neufeld – $APHA Alex Coleman – $TILT George Scorsis – $LHS Rishi Gautam – $MJAR Rupert Haynes – $HUGE Diane Jang – $HEMP Being a cannabis top 🐶 is often a perilous endeavor

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Benjamin A. Smith

@BenjaminA_Smith

5 years

Upcoming Aphria Inc (TSE:APHA) Extraction Division Could Be a Key Momentum Driver via @midasletter #apria #extractioncenterofexcellence #ecoe $APHA #cannabisextraction $LABS $NEPT $VGW $RTI $CANN $HERTF #cannabisstocks #potstocks #weedstocks #cannabisnews

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Benjamin A. Smith

@BenjaminA_Smith

6 months

You have to be a special kind of triggered supercuck to block someone for this kind of response. I will not miss the clickbait and inordinate amount of page filler to satisfy SEO requirements. $MSOS

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Benjamin A. Smith

@BenjaminA_Smith

5 years

My ML experience has set the stage for my new position—confirmed today—as a copywriter at James E. Wagner @JWCcorp . As well, I'll be working closely with Marketing and Management on strategic coms. I'm thrilled to integrate into a company I've believed in all along. 5/5

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Benjamin A. Smith

@BenjaminA_Smith

5 years

Just a head's up for followers. Working on weekend piece that will highlight a stock which, I believe, has a great investable thesis going forward. Been awhile since I made a $JWCA -type call, but several dynamics line up. Still early. No position or ML affiliation. Stay tuned.

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Benjamin A. Smith

@BenjaminA_Smith

3 years

People still dump on 🇨🇦 LPs as being fully valued compared their $MSOS counterparts. But no denying the big domestic sales growth according to StatsCan. #cannabis sales have 5x from the 1st couple of Qs following legalization. The market has unlocked. $CGC $TLRY $APHA $ACB $HEXO

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Benjamin A. Smith

@BenjaminA_Smith

6 months

Expert legal analysis contends the DEA's view on international drug treaties hindering #cannabis rescheduling to CSA Schedule III is flawed and argues that such treaties shouldn't obstruct alignment with HHS recommendation. No excuses @DEAHQ $MSOS

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Benjamin A. Smith

@BenjaminA_Smith

5 years

Aurora Cannabis $ACB receives cultivation + processing licenses on their "5th & 6th" sites respective. One of the licenses pertains to Aurora Sun in Medicine Hat AB. It doesn't look like $APHA Aphria Diamond licensing came through this week, however. Congratulations @CamBattley

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Benjamin A. Smith

@BenjaminA_Smith

4 years

Wow. Some real scumbags preying on vulnerable CDN jrs with cash/advisory needs. Appears Moez Kassam (Anson Funds) DECIMATED $ZENA ($ISOL too) via huge naked shorting and mole Board placeholders after PP participation. Shocking account. Poor Kelly Brown.

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Benjamin A. Smith

@BenjaminA_Smith

4 years

With Big 4 quarterly ERs now filed, the quick recap: $CRLBF - Smashed rev exp., FCF+ $CURLF - Good ER, overcame NV/MA COVID issues $GTBIF - Solid Q all round $TCNNF - Smashed everything, raised FY guidance, NI+ I think this was the Q we can say the future holds little doubt.

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Benjamin A. Smith

@BenjaminA_Smith

6 years

Privateer Holdings may not be selling Tilray $TLRY stock in 1H 2019, but CEO Brendan Kennedy is cashing in. Just nine days after his company's lockup expiry ended, Mr. Kennedy divested 149,916 shares for an approx. gain of $11M USD. Congrats on winning the cannabis lottery.

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Benjamin A. Smith

@BenjaminA_Smith

4 years

Huge. The WHO Expert Committee on Drug Dependence will: “Delete cannabis and cannabis resin from Schedule IV of the 1961 Convention” The vote passed with with 27 votes for and 25 against with 1 abstention. #Cannabis will now be removed from Schedule IV.

The UN Votes to Recognise the Potential Medical value of Cannabis

The UN Votes to Recognise the Potential Medical value of

prohibitionpartners.com

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Benjamin A. Smith

@BenjaminA_Smith

5 years

So how must CIBC analyst John Zamparo feel ($12~$6.50 PT) with $APHA posting 💪 fins? - No impairment - Killed "aggressive" avg analyst est - No "leadership void" Planned on retiring use of term, but investors got #honeydicked by Zamparo on this one.

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Benjamin A. Smith

@BenjaminA_Smith

3 years

Wow, they actually did it. Following a joint investigation by the OSC and RCMP IME Team, 3 former directors and officers at #CannTrust #CNTTQ have been charged with offences under the Securities Act (Ontario). Peter Aceto, Eric Paul + ML get their due.

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Benjamin A. Smith

@BenjaminA_Smith

5 years

Even in the mid-nineteenth century, they KNEW cannabis was safer than opioids. - Tilden & Co., 1858: Formulae for making tinctures, infusions, syrups, wines, mixtures, pills, &c

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Benjamin A. Smith

@BenjaminA_Smith

5 years

Aphria $APHA one of yesterday's Germany's medical canna license tender winners—one of 3 LPs if I'm reading the translation correctly. Last year, German pharmacies filled 185,000 Rx where an estimated 40K medical canna patients reside. This will grow fast.

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Benjamin A. Smith

@BenjaminA_Smith

5 years

In the span of about 24 hours, we've had: $TGOD unable to procure funding for Valleyfield Phase1A completion $HEXO 😲 miss rev numbers/withdraw guidance $VFF pricing bought deal 11.07% under market If there was a way to short inv. bankers and gov policy, I'd be all over it.

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Benjamin A. Smith

@BenjaminA_Smith

6 months

Cowen sell side Managing Director and cannabis analyst, Vivien Azer, is moving on. She announced these intentions tonight on LinkedIn. Of note: a final pontification on U.S. cannabis, which she deems "is still set to be the most disruptive consumer trend of my lifetime." $MSOS

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Benjamin A. Smith

@BenjaminA_Smith

1 year

Missouri, with a population of around 6.2 million, has recorded the best opening sales month ever among recreationally legal #cannabis states. This, despite doing it in a short month and sales beginning on February 3. ✔️ $MSOS

Missouri Has 3rd Best Opening Sales Month Ever Among Recreationally Legal Cannabis States

Cannabis sales are off to a fast start in Missouri. with the 3rd fastest opening sales month ever among recreationally legal cannabis states

thedalesreport.com

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Benjamin A. Smith

@BenjaminA_Smith

5 years

Just a reminder that $ACB Q4 2019 Financials will be released after the close on September 11 (CC Sep. 12). The results will, at minimum, set the tenor for sector trade to close out the week. Aurora Cannabis is expecting positive Adj. EBITDA for the 1st time in its history.

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Benjamin A. Smith

@BenjaminA_Smith

5 years

In classic #weedstocks fashion, watch $ACB gap & run on-open yesterday. Every dip was gobbled up until early aft, on way to a 15.46% trough-to-peak run. Aurora rose another 4.88% today, while most of the sector stumbled. Damn, this type of ferocious buying was good to see again.

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Benjamin A. Smith

@BenjaminA_Smith

5 years

This week will live in infamy where mass capitulation happened - everyone bogeyed ER. Check out the insane weekly Tier-1% drops (2:15EST): $CGC ↓28.51% $ACB ↓29.65% $OGI ↓36.88% $VFF ↓27.39% $CRON ↓26.99% I feel for the investing community. DM me if you'd like to talk.

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Benjamin A. Smith

@BenjaminA_Smith

5 years

Special thanks to the cannabis investor community for all the support over the past 1.5 years. I plan on continuing to commentate on cannabis market—specifically policy, material events and non-CDN LPs (competitors) as time (and my new employer) allow, so stay followed! 5/5

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Benjamin A. Smith

@BenjaminA_Smith

7 months

Not one to extoll Communist revolutionaries, but I think this quote will most aptly apply to $MSOS and various geopolitical developments in 2024. Interesting times ahead. "There are decades where nothing happens; and there are weeks where decades happen" —Vladimir Ilyich Lenin

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Benjamin A. Smith

@BenjaminA_Smith

5 months

$MSOS with a little pop on the headline that Mitch 'Turtle' McConnell to step down as Republican Senate leader in November. Good riddance to this corrput cannabis hater, who stonewalled SAFE and other regulatory developments for years.

Mitch McConnell to step down as Republican Senate leader in November

Sen. Mitch McConnell is the longest-serving party leader in the Senate in history. He has had a complicated relationship with fellow Republican Donald Trump.

www.cnbc.com

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Benjamin A. Smith

@BenjaminA_Smith

6 years

Parsing through the $ACB earnings release. Data point that initially jumps out at me: "Aurora brands accounted approximately 30% of the total market supplied through the OCS" Quite a dominant position on OCS shelves thus far, considering all the entrants.

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Benjamin A. Smith

@BenjaminA_Smith

4 years

Reading over the $APHA ER—wow. Most everything went right, except ↓ GMs/↓ med prices. - Net *cannabis* rev ↑65% QoQ (!!) - Flipped from NI loss to gain in Q3 - All-in" COGS sold/gram ↓14.64% QoQ (!) - Avg rec 🌱 sold ↑ to $5.47/g (4.78%) Definitely 📈 tom—standout release.

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Benjamin A. Smith

@BenjaminA_Smith

3 years

Did Cantor's Pablo Zuanic bottom-tick the market in $MSOS? Too early to tell, but it wouldn't be the 1st time an analyst was WAY behind the curve on a macro market call. Thanks for the buy signal Sir! Now let's hope Schumer can give all #cannabis investors a 2022 to remember.

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Benjamin A. Smith

@BenjaminA_Smith

5 years

A big scoop: Ontario, 🇨🇦 biggest market, will begin consultations with industry members to pursue a dist. model where LPs will ship directly to retailers, sources said. **An 📣 could come as early as next week**. Limit the middleman - everyone wins.

- BNN Bloomberg

www.bnnbloomberg.ca

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Benjamin A. Smith

@BenjaminA_Smith

6 months

"I suspect it will be a rescheduling decision by the DEA, *but it could also be something more dramatic*." Either this will end up being among the biggest pumps in $MSOS history, or we might have actually reached the re/descheduling promised land. SAM must be in shambles ATM.

Don't follow Shardi B if you hate Money

@ShardiB2

6 months

Um... I think I need to buy more... $MSOS $MSOX I said this morning....could be any day now..

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Benjamin A. Smith

@BenjaminA_Smith

5 years

Amazing. - Terry Booth $ACB - Cam Battley - Michael Nashat $TER - Adam Bierman $MMEN - $SNDL (multiple) - $FLWR (multiple) - Now reportedly ( @BettingBruiser ) Kevin Murphy $ACRG An incredible shakeup of C-Suite transition in the sector, and we're not even six weeks into 2020.

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Benjamin A. Smith

@BenjaminA_Smith

4 years

Oh my... $GTII $GTIBIF was much better than inline—they crushed it in Q3 2020 : - Rev $$157.M vs. 13-analyst est of $135.75M -Adj. Operating EBITDA increased 50.2% to $53.2 million - well over ~38M est - EPS $0..04 vs. $0.01 All with 0 stores open this Q. What a COVID rebound!

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Benjamin A. Smith

@BenjaminA_Smith

6 months

🤔 A group called 'Law Enforcement Leaders to Reduce Crime & Incarceration' urged Biden to reclassify #cannabis in a Thu letter. The rub: DEA Admin @AnneMilgram belongs to that org. If she doesnt reclassify, she goes against her own group's wishes $MSOS

Law enforcement leaders urge Biden to reclassify marijuana to lesser status

A group of law enforcement leaders urged President Biden to reclassify marijuana to a lesser status in a Thursday letter. “We are current and former police chiefs, sheriffs, federal and state prose…

thehill.com

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Benjamin A. Smith

@BenjaminA_Smith

7 months

Still one of the funniest #cannabis -related clips I've personally ever encountered. And... some good advise. Love this 😅 Looking forward to 2024! @POTBROTHERSATL1

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Benjamin A. Smith

@BenjaminA_Smith

5 years

Unfake news: Numbers imply the #vape crisis might be over. According to the CDC “Data suggest the outbreak might have peaked in mid-September..." (Dec 12). Meanwhile, anti-vape articles continue unabated. Why has it taken 5 days to hear this perspective??

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Benjamin A. Smith

@BenjaminA_Smith

5 years

Among the best places to be in CDN cannabis this year are the oil/concentrate extractors. Valens Groworks $VGW and Heritage Cannabis $CANN $HERTF are leading the pack in 2019, each with dbl-digit gains. $HALO closing-in with good recent news flow. It's a good niche to be in ATM.

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Benjamin A. Smith

@BenjaminA_Smith

3 years

Asked a $MSOS CEO tonight about #SAFE Banking's effect on the sector. He said his disp. in 3 states cannot accept credit cards + debit processing fees are high. He thinks avg. basket size can ↑10-15% overnight if buying on credit was available. He said his situation was the norm

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Benjamin A. Smith

@BenjaminA_Smith

4 years

Congrats @weedstreet420 on arriving at 10K followers. Your contributions are well appreciated by everyone. Good job Sir!

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Benjamin A. Smith

@BenjaminA_Smith

6 months

Is SAM getting ready for a big pushback once it is formally announced the DEA is descheduling (Sh3) #cannabis ?? If so, it would be TREMENDOUSLY satisfying to see Kevin Sabet and his ilk (👎) in a decidedly defensive position. Interesting times dead ahead! $MSOS

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Benjamin A. Smith

@BenjaminA_Smith

3 years

The single best reason to invest in $MSOS - it is COVID proof. Legal sales across the U.S.—15 states allow rec, 35 allow for medical —hit a record of $17.5 billion, a 46% (!) increase from 2019, according to a new report. Stay the course #MSOGang

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Benjamin A. Smith

@BenjaminA_Smith

5 years

Valens $VGW out with Q3 2019 ER - Rev ↑87.1% QoQ ↑641.4% increase over Q1 2019 - Gross profit ↑$12.8M, or 77.8% of rev - Adj EBITDA of $9.8M in Q3, or 59.4% of rev (23.0% of rev in Q2 2019) - Net income of $5.9M (or $0.05/sh) Numbers look juicy 🍬

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Benjamin A. Smith

@BenjaminA_Smith

5 years

It appears #Edmonton - home HQ of $ACB - is leading 🇨🇦 in terms of cannabiz innovation. Councillor is using bylaw loopholes to introduce lounges. “No other place.. has enabled in their bylaws the concept of a 🌱 lounge.. we’re breaking new ground here."

Council to look at creating rules for Edmonton cannabis lounges - Edmonton | Globalnews.ca

Councillor Mike Nickel sees a hole in Edmonton's bylaws and regulations that he wants to see filled. Nowhere are there rules for city staff to use for cannabis lounges.

globalnews.ca

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Benjamin A. Smith

@BenjaminA_Smith

4 years

Canadian #Potstocks that have gone into creditor protection (CCAA), 2020: CannTrust $TRST Green Relief Invictus James E. Wagner Cultivation $JWCA Pure Global Cannabis $PURE Sadly, we just exited the 1st quarter and we're just getting started.

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Benjamin A. Smith

@BenjaminA_Smith

5 years

For a long time, the U.S. gov has known that #hemp hurds (core fiber) is ecologically superior to wood as a paper making material. It's about time policy catches up with logic - even if it's 100 years too late. - US Department of Agriculture, Bulletin No. 404, October 14, 1916

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Benjamin A. Smith

@BenjaminA_Smith

6 years

Amazing how BNN Bloomberg, Globe & Mail AND Toronto Star all come out with glowing $APHA / DeFrancesco pieces on the same day (yesterday). Coordinated maneuvering or biggest cannabis market coincidence so far in 2019? The defacto line-by-line rebuttal continues on extraneously.

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Benjamin A. Smith

@BenjaminA_Smith

6 months

Could be something or nothing at all. Below info request date from Sen Warren + 10 others—including Chuck Schumer—regarding sent letter to AG Garland & DEA Administrator Milgram, urging them to remove MJ from Schedule I Jan 30. Does the DEA respond? $MSOS

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Benjamin A. Smith

@BenjaminA_Smith

5 years

Things that Aphria $APHA has divested since the company's Special Committee took charge: - Stikeman Elliot LLP - Vic Neufeld - Cole Cacciavillani - Liberty Health Sciences - Green Growth Brand's unsolicited interest - The Hindenburg "Gap" I'd say the SC is getting stuff done.

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Benjamin A. Smith

@BenjaminA_Smith

5 years

After some DM consult, extending an olive branch to @thomasg_grizzle and crew from the unfortunate twitter cycle both entangling both parties this wkd. Apologize to all for the distraction. Nobody benefits. Hopefully, we call ALL respect each other's messaging going forward.

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Benjamin A. Smith

@BenjaminA_Smith

5 years

Just finished reading the entire iAnthus CC transcripts. One big takeaway was this quote about $IAN $ITHUF expectations: "The opportunity isn't just about [being]... a $10B company. It's about a $30B company, or $100 stock. But you don't get there just by wishing and hoping."

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Benjamin A. Smith

@BenjaminA_Smith

4 years

@JackPosobiec @RegularGuy28 Perfect - does this mean my wife can finally stop showing me these endless goofy and senseless videos now?

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Benjamin A. Smith

@BenjaminA_Smith

6 months

Even the AG of the decidedly red state of Arkansas is OKing medical cannabis to get on the ballot now. WTF is the @DEAHQ waiting for?? $MSOS

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Benjamin A. Smith

@BenjaminA_Smith

5 years

@CitronResearch Never short based on valuation—especially early after the IPO. You should already know this after getting destroyed on your Tilray $TLRY call at $65/share. Silliness can last awhile, as you're aware. Need a more compelling reason than 'valuation" here.

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Benjamin A. Smith

@BenjaminA_Smith

6 years

Right now on Indeed... Simple industry due diligence or something more, you decide. However, this is Legal Counsel and not just some market researcher/analyst they're hiring. Have to wonder whether the dominoes are indeed falling, as Vic Neufeld would say. $APH $APHQF $ACBFF $ACB

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Benjamin A. Smith

@BenjaminA_Smith

5 months

OMG @S_Andreoni you are truly legend. Now some of the higher echelons on the right of the platform are retweeting your video. Brilliant way to shed light on the issue😅 $MSOS

Catturd ™

@catturd2

5 months

Listen to this POS traitor.

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Benjamin A. Smith

@BenjaminA_Smith

5 years

Not calling a LT bottom, but the market is priming itself for a wicked short ST covering event. Bears have had it too easy ($200M in 2 days) as short sellers keep piling in as prices collapse. The five largest short positions: $CGC $ACB $GWPH $CRON

Cannabis Short Sellers Bank $200M In Two Days

It’s been a brutal year for cannabis investors, with the ETF MANAGERS TR/TIERRA XP LATIN AME (NYSE: MJ ) down another 6.2% this week following a Bank of America downgrade of Canopy Growth Corp (NYSE:...

finance.yahoo.com

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Benjamin A. Smith

@BenjaminA_Smith

4 years

CEO Irwin Simon 📺 on CNBC today. Little new ground covered in terms of why the #cannabis sector is struggling, but we learned: - $APHA selling all vapes it can produce - Bevs coming in April - Jr LPs are in trouble (lack fo scale) ↓ Simon 🐻 on NT federal rec legal prospects

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Benjamin A. Smith

@BenjaminA_Smith

4 years

Huge day for U.S. $MSOS as the Georgia Senate runoff is happening. In my view, the potential between a clear expedited path to cannabis legalization or a more elongated state-by-state path. Biden may have the authority to deschedule regardless.. Starting a thread and covering 🌛.

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Benjamin A. Smith

@BenjaminA_Smith

4 years

Please, just this ↓

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Benjamin A. Smith

@BenjaminA_Smith

6 months

$MSOS with the 10-handle. That's the tweet.

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Benjamin A. Smith

@BenjaminA_Smith

1 year

Significant. NBA is reportedly removing #cannabis **from its list of banned substances** and will no longer drug test players as part of a new 7-year collective bargaining agreement. If the NBA can do **this**, why can't Secretary Becerra rec MJ removed from Schedule 1? $MSOS

The Dales Report

@TheDalesReport

1 year

No April Fool's joke as a major sporting league enacts logical #cannabis policy. NBA is reportedly removing marijuana from its list of banned substances and will no longer drug test players as part of a new 7-year collective bargaining agreement. $MSOS 💥

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Benjamin A. Smith

@BenjaminA_Smith

5 years

My initial reaction if this Canopy Growth $CGC ~ Acreage Holdings $ACRG rumor does come to fruition: Think about loading up on Liberty Health Sciences stock $LHS $LHSIF as soon as possible.

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Benjamin A. Smith

@BenjaminA_Smith

5 months

From the wayback machine, Rep. Matt Gaetz back in August 2023 asking @DEAHQ Administrator Anne Milgram why rescheduling is taking so long (good question!). Also, concrete evidence that #cannabis greatly reduces opioid mortality rates. The glacial pace is so frustrating. $MSOS

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Benjamin A. Smith

@BenjaminA_Smith

4 years

Usually an optimist with a positive outlook on life. But is anyone else disgusted by the media disinfo, general disunity, political polarization and toxic discord permeating society? Not to mention the fake potemkin stock market. Humanity better turn things around soon.

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Benjamin A. Smith

@BenjaminA_Smith

3 years

Tend to concentrate of pre-breakout cannabis setups such as the $CXXI $BAMM $MSVN $STEM of the world, but you guys have converted me. Let's do this. Glad to be new proud member of the #MSOGang

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Benjamin A. Smith

@BenjaminA_Smith

5 years

Characteristics btw predatory "pumpers" and legitimate "messengers" in #weedstocks : Pumpers -incessant chatter on single stocks -urges buy-ins before the move -persistent use of pumpish emojis (i.e.🚀, 🔥) -appearing/disappearing during bullish/bearish impulses -criticism fail

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Benjamin A. Smith

@BenjaminA_Smith

4 years

$CURA CEO Joe Lusardi appeared on Bloomberg today Below he explains how U.S. fundys are different than Canada, and how Curaleaf can't grow 🌱 fast enough to service domestic demand. Once Tier-1 MSOs PA untether from CDN mkt + list on major exchanges, things will get fun again.

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Benjamin A. Smith

@BenjaminA_Smith

6 years

The irony of all ironies: #CitronResearch about debunk peer short researcher #Hindenburg . Popcorn 🍿 please: "Congrats to $CRON.. time to rethink all valuations. $APHA compelling on all metrics. Cdn footprint too large to ignore. stock should see US$10. MORE DETAILS TO COME."

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Benjamin A. Smith

@BenjaminA_Smith

4 years

**Significant** news on the NY #cannabis front. Top marijuana advisor to Gov. Andrew Cuomo says legalization legislation will again be introduced through the state budget in January, with goal of enacting reform by April. $CURLF $CGC $CCHWF $ACRG $VREO

New York Will Legalize Marijuana By April And Regulate CBD-Infused Drinks, Governor’s Advisor Says

The top marijuana advisor to New York Gov. Andrew Cuomo (D) says cannabis legalization legislation will again be introduced through the state budget in January, with the goal being to enact the...

www.marijuanamoment.net

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Benjamin A. Smith

@BenjaminA_Smith

8 months

After all the huffing & puffing from the anti- #cannabis members of the legislature, nice to see the Ohio GOP basically fold, and pass a revised bill that in some ways actually expands voter-approved legalization. Law goes in effect today. Well done #Ohio

Ohio Senate Approves Bill To Allow Marijuana Sales From Dispensaries ‘Immediately’, Keep Home Grow...

In a stunning reversal, Ohio’s GOP-controlled Senate passed a revised bill that in many ways would expand the voter-approved marijuana legalization law that goes into effect on Thursday—by allowing...

www.marijuanamoment.net

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Benjamin A. Smith

@BenjaminA_Smith

5 years

This seems rather significant: Valens $VGW $VGWCF receives organic certification for cannabis oil production for its proprietary CO2 and ethanol extraction processing methods in accordance with the Canadian Organic Standards. Can't hurt pricing power.

Valens Receives Organic Certification for Cannabis Oil Production

/CNW/ - Valens GroWorks Corp. (CSE: VGW) (OTC: VGWCF) (the "Company" or "Valens"), a multi-licensed, vertically integrated provider of cannabis products and...

www.newswire.ca

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Benjamin A. Smith

@BenjaminA_Smith

4 years

How about getting the FinTwit Cannabis Queen well over the 2000 follows mark. She rarely takes a day off and makes cannabis investors' days easier by aggregating the most relevant sector news. You deserve to be part of the '5000' club... Rec follow. @junglejava1

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Benjamin A. Smith

@BenjaminA_Smith

5 years

Wow. New ad campaign (📺this wk) backed by Michigan gov hits every neg #cannabis steroetype imaginable: Users can't focus ✅ Disassociative hi ✅ Grubby 🧔/enviro ✅ Body shaming (?!) ✅ Can't believe some marketing agency thought this was ok. Better ways to dissuade teen use.

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Benjamin A. Smith

@BenjaminA_Smith

4 years

Sales data from OLCC shows Oregonians bought $84.5M worth of cannabis products in March—a monthly record since OR went legal in 2015. A $1 billion run rate for a state with just 4.20M people. A great example of what REALIZED market potential looks like.

Oregon Cannabis Sales in March Were the Highest Ever for a Single Month

According to sales data from the Oregon Liquor Control Commission, Oregonians bought $84,500,000 worth of cannabis products in March—the most in a single month since the state legalized recreational...

www.wweek.com

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Benjamin A. Smith

@BenjaminA_Smith

5 months

@DTRTcannabis This entire situation is ridiculous. If this were about outright legalization, that's one thing. But rescheduling is about acknowledging the medicinal benefits of cannabis, to which there is no debate. It is still a controlled substance under Sh3. What's the problem here?

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