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Cresco Labs Inc. (CL.CN)
Canadian Sec - Canadian Sec Real Time Price. Currency in CAD
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15,706 reactions on $CL.CN conversation
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True or False, SAFE wil allow MOS's to uplist?
Scared investors are getting out. Don’t trust the politics I guess. Who can blame them. As for me I have diamond hands and actually believe safe banking gets through in the next 7-14 days
Consideration of the NDAA will resume at 3 p.m. Nov. 29, with the deadline for filing first-degree amendments coming at 3:30 p.m. and the deadline for filing second-degree amendments coming an hour before the cloture vote.
The vote to invoke cloture on an amendment by Sen. Jack Reed, D-R.I., is currently scheduled for 5:30 p.m. the same day. If cloture is invoked, that would begin a 30-hour clock on the post-cloture debate. After that, or if cloture is not invoked, a vote on cloture for the FY2022 NDAA would take place.
Since 11/19 the Etf MSOS added 1,519,523 shs. of CRLBF making it the #4 holding in the portfolio at 8.76%
Big news! It finally closed.
On the technical side I can't help but notice a reverse head and shoulder pattern forming. A close above 10 would strengthen the technicals on this stock. If word gets out that the Senate includes SAFE Banking in the NDAA this stock soars...
Iets G0 BRAND0N
The post @Andy below is a must read by his re to the Dales Report mj article. This article is a comprehensive look at the NDAA with the imbedded Safe Banking amendment. The article paints a binary outcome for the passage or failure of Safe Banking in the NDAA. If the SB is (stays) included and passes, likely MSOS stocks will soar thru the end of the year, but if Chucky (with the help of Spartacus) decides to pull the plug, look for a big MSOS crash thru year’s end. Kinda like being at the roulette table in Vegas.
If I were a Cresco short right now I wouldn’t getting too comfortable. The Democrats need some kind of a win, the Safe Act could be that legislation.
“Furthermore, it is anticipated that passage could allow U.S. based public companies listed on the lower-tier Canadian Securities Exchange to uplist onto a major exchange, “which would promote further institutional ownership and liquidity.
So clearly, a lot is at stake for both cannabis business owners and public market investors. It is not an overstatement to call this event a defining regulatory moment in industry’s history—one which could potentially normalize cannabis-related businesses while fostering broader federal legalization reform.”
So backing out the $291m. impairment charge they had net income of approximately $21M. for Q3? Is that accurate?
and 1/2 ago Marijuana M
Did you know that the National Defense Bill passed both houses of Congress
the last 50 TIMES in a row...!!!!!
and its in the bill now going to the senate......
Gotta feelin its gonna happen
Still expecting Cresco to open or take possession of 8 (maybe 9) dispensaries prior to year end. Really nice way to open the new year.
Just got an email from Schwab that they are going to change the fee for OTC trades from $0 to $6.95 per trade, starting December 6. Interesting what that will do to the busy day traders.
Buy US cannabis stocks. That's who will benefit the far most by legislation
Love this company!!!!!
Never know what will happen, but in all seriousness there’s very little chance that CS is going to let anything positive in the senate happen concerning the defense bill. He knows his decriminalization bill doesn’t have enough support even from his fellow dems. The guy promised he would block stand alone safe legislation and he meant it. He wants all the credit for reform. He’s not about to give that away on the defense bill. Next April the guy won’t have the decriminalized part passed because it’s too close to midterms. his fellow dems aren’t going to lose their seats to let a few brothers out of jail. IJS they care way more about their powerful senate seat than their causes.
Me getting some cresco
Can someone explain to me why states and individual rights are paramount, until they're not? So the voters by 54% vote to legalize MJ, and then the governor has it overturned in court. She calls it a 'social ill' .. probably to friends while sucking down a martini, and taking a drag off her cig.
The South Dakota Supreme Court on Wednesday upheld a lower court’s ruling that nullified a voter-passed amendment to the state constitution that would have legalized recreational marijuana use.
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