Rescheduling is not making it available for recreational use, it is still a controlled substance https://apnews.com/article/marijuana-biden-dea-criminal-justice-pot-f833a8dae6ceb31a8658a5d65832a3b8

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Anyone going to talk about SNDL partner Sunstream acquiring more U.S. assets? Seems why there was a steady hold today. This is of course in correlation with DEA rescheduling news.

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Look at the 6 month chart for CGC. It’s in a huge bull run that got a major boost on Tuesday. Bagholders with painful memories unloaded their bags. But big institutional money won’t touch it until the DEA announcement gets fleshed out. That’s going to take some time. Weeks, months even. But the White House is going to be applying pressure for concrete action before the election bc Brando wants to get re elected

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People have realized it’s basically already legal by default. How many people do you know who want to smoke weed but don’t because it’s a schedule 1 drug? Most people dont know shit about the Controlled Substances Act or the monopoly DEA has over all this shit. i live in VA and I can grow 4 plants legally, which is about a pound 2-3 times a year I certainly don’t need Tilray or Canopy to show up and sell me their over priced shit.

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Yes this is true. They are more valuable of a commodity than cannabis may ever be. Corn and soybeans are processed and included in many forms of food. Every human on earth needs to eat. Not to mention we also feed our livestock feeds that mainly contain these foods. Not everyone consumes cannabis products. There is a massive oversupply of cannabis that is not going away ever. There will be winners in the cannabis industry no doubt but your guess is as good as mine who that will be. The rescheduling today does some good things but most cannabis stocks are selling off (buy hype/sell news) and now have to deal with the DEA and potential audits in the future which is a good thing I guess.

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I’ve been in a coma since 2018. Just woke up to news about the DEA rescheduling marijuana. How are my TLRY stocks doing that I bought in 2018?

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It's just bagholders selling the pump. I don't think the DEA has directly come out and said it yet so it's just a secondary source

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40% cheaper my ass, location dependent. Those drinks suck too lol ready to go in 50 states, not flower just drinks? Sounds like indian gas stations and their delta 8. Why would the states allow competition for their distribution centers/dispensaries for flower, concentrate..key word. States. Our dispensaries sell eachother’s weed here. There is no competition, prices stay high. My state did a lotto system for cities, there’s plenty of Americans that want in the business that didn’t get lucky and picked. Why give up jobs? Taxes are controlled on a city, county basis so the county over may have cheaper weed. DEA reschedules and everyone registers with them. I don’t believe rescheduling in the US does what you think it will for TLRY.

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All the Timmy boys talking bout weed stocks. Psst. Hey. DEA is rescheduling. Short term price action doesn't matter. Sit down Timmys. Your opinion is noted but pointless

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I saw a few big accounts talk about some rumors from reputable sources that the DEA would reschedule soon, and it had to be real soon. Rumors started weeks ago so I’ve been buying here and there. I just started doing options really, wasn’t even sure how to do it until a week ago. I bought a couple other options as well. Here’s the other plays I did- https://preview.redd.it/mom9uh76ctxc1.jpeg?width=1170&format=pjpg&auto=webp&s=af552b05f948c3e2ce9256e1b7c94c2024315377

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