Same. Bought what I sold yesterday on their pop. Under the radar stock/company that may surprise tomorrow but as you said... Let's be honest. This is an autistic play. They're reporting on the heels of a 61% qoq growth q3. I'm expecting something mild this time around but the proformas should be impressive with maybe a 2021 of 450-550 milly.AYR dipped under 40...picked up some #autism
U.S. publicly traded cannabis companies will soon be able to uplist their shares to major stock exchanges if the U.S. Congress passes marijuana banking reform legislation, according to the head of Curaleaf Holdings Inc.
"We're always in discussions with the Canadian exchanges. Something's gonna happen this year for U.S. cannabis players in terms of uplisting," said Curaleaf Executive Chairman Boris Jordan in a phone interview.
Jordan said that upcoming cannabis reform addressing banking and tax restrictions imposed on U.S. pot companies will also include a safe harbour clause that will protect major exchanges from potential penalties if they list American-based marijuana companies. Senate Majority Leader Chuck Schumer stated in January he expects to unveil cannabis reform legislation later this year.
"I don't think it's far away but it might take a year to get the legislation good. So it might happen next year," Jordan said.
Jordan said that he's concerned that U.S. retail investors do not fully understand the cannabis market and are investing in Canadian players despite that their lack of a direct U.S. presence.
"We trade at a massive discount, and we are three times the size of Canopy Growth and I trade at a discount to Canopy. I mean that's not normal. You can't find that anywhere else in the world," he said.
Bailed, 7.78. I'll just buy Thumb cheaper if I can. Eventually that one pops but I'm done guessing when. Still hold a long position of them and Thumb is still my largest position overall.Shifted the Thumb funds into shitty ol' CCHW at 7.69. Probably gonna fail but **** it. Weakness attracts me.