GBA Presents: RADIO SAVANT-!

VAN! How did we miss this me of all people!!! THIS IS WHAT I GET FOR NOT WATCHING THE MARKET DURING THE DAY!!!

Tilray and other cannabis stocks soar as Biden calls for marijuana scheduling review
Oct. 06, 2022 7:03 PM ETTilray Brands, Inc. (TLRY),ACB,CGC,HEXO,ACB:CA,WEED:CA,HEXO:CA,TLRY:CATRSSF
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  • Major Canadian cannabis companies all closed markedly higher on Thursday as they appeared to be beneficiaries of comments made by US President Biden in regards to a review of marijuana as a Schedule I substance.
  • TilrayBrands (NASDAQ:TLRY), which willreport fiscal 2023 Q1 results on Fridaybefore the opening bell,rose ~31%on the day. It's upanother 11%in after-hours trading.
  • Canopy Growth (NASDAQ:CGC), another top Canadian cannabis name,added 22%, and another 5%after hours.
  • Other top Canadian cannabis firms: Aurora Cannabis (NASDAQ:ACB), HEXO Corp. (NASDAQ:HEXO), Ayr Wellness, and TerrAscend (OTCQX:TRSSF).
 
stonedinvestor said:
VAN! How did we miss this me of all people!!! THIS IS WHAT I GET FOR NOT WATCHING THE MARKET DURING THE DAY!!!

Tilray and other cannabis stocks soar as Biden calls for marijuana scheduling review
Oct. 06, 2022 7:03 PM ETTilray Brands, Inc. (TLRY),ACB,CGC,HEXO,ACB:CA,WEED:CA,HEXO:CA,TLRY:CATRSSF
image_914081598.jpg




  • Major Canadian cannabis companies all closed markedly higher on Thursday as they appeared to be beneficiaries of comments made by US President Biden in regards to a review of marijuana as a Schedule I substance.
  • TilrayBrands (NASDAQ:TLRY), which willreport fiscal 2023 Q1 results on Fridaybefore the opening bell,rose ~31%on the day. It's upanother 11%in after-hours trading.
  • Canopy Growth (NASDAQ:CGC), another top Canadian cannabis name,added 22%, and another 5%after hours.
  • Other top Canadian cannabis firms: Aurora Cannabis (NASDAQ:ACB), HEXO Corp. (NASDAQ:HEXO), Ayr Wellness, and TerrAscend (OTCQX:TRSSF).
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I have been banging this drum all along, for years. IF the feds legalize MJ, these stocks would rocket north. Nobody believed me. But I don't trade stocks, so its all on you guys that you did not heed it. This is the one I have always believed in, because it makes logical sense!
 
stonedinvestor said:
Red Flag- LAND still trades at a high premium (over 60%) to their NAV. Progression in NAV from their land appreciation has been slowing and is only $0.10 per share for the quarter vs. $0.48 in Q1.

Red Flag-Base management fees increased by 50% and selling commissions and dealer-manager fees even tripled. Overall fees totalled nearly $12.3m for H1 2022 vs. $6.6m in H1 2021. This compares to only $40.2m of lease revenue. This means over 30% of lease revenue gets paid to Gladstone (up from 20% in H1 2021). But only half of that is visible in the income statement as the selling commissions and dealer-manager fees get booked directly to the balance sheet.

Red Flag-
  • Gladstone's debt is now straining its earnings, leaving the company dependent on share issuance to pay off notes and maintain dividends.
Red Flag-

LAND shares have sold off sharply since April. From a high of $42.10on April 20, the price plunged to $21.23 on June 16. That's a loss of (-49.6)% in under two months, from which shares have only slightly recovered. It seems like most stocks would of come back a bit....



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Hey Van I don't want the blast the guy he seemed really nice. Can you hit him up and give him the PR from the CEO of LAND today. This kid is out a lot of money down over 25%. I tried to warn him.
 
Overnight said:
I have been banging this drum all along, for years. IF the feds legalize MJ, these stocks would rocket north. Nobody believed me. But I don't trade stocks, so its all on you guys that you did not heed it. This is the one I have always believed in, because it makes logical sense!
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Love you Dude!
 
Overnight said:
I have been banging this drum all along, for years. !
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Well no sh*t dude.
And if Powell cuts interest rate by 2.25% next month... I'm gonna say the market will rally.
:banghead:
Don't you have a video to post on another thread here somewhere.
I'm talking to yoyo here.
 
vanzandt said:
Well no sh*t dude.
And if Powell cuts interest rate by 2.25% next month... I'm gonna say the market will rally.
:banghead:
Don't you have a video to post on another thread here somewhere.
I'm talking to yoyo here.
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How's everything in Charleston Stoney?
 
vanzandt said:
Well no sh*t dude.
And if Powell cuts interest rate by 2.25% next month... I'm gonna say the market will rally.
:banghead:
Don't you have a video to post on another thread here somewhere.
I'm talking to yoyo here.
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"Van... you can be a d*ck at times".
yeah I know.
I apologize.
 
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