Discover and read the best of Twitter Threads about #Potstocks
Most recents (7)
Curious what's going on with #cannabis stocks?
Here are 5 charts you need to see🧵
$VRNO $TRUL $CURA $CCHW $AYR $CL $GTII
Here are 5 charts you need to see🧵
$VRNO $TRUL $CURA $CCHW $AYR $CL $GTII
Current Ratio: Measures if they can pay current liabilities if due today. Below 1 is bad.
If you exclude inventories which can't all be sold at once only 3 of 7 can pay current liabilities.
If you exclude inventories which can't all be sold at once only 3 of 7 can pay current liabilities.
All companies getting up there on debt levels. If we take off tax payments which they have been paying even with operating "losses" not a lot of borrowing room left except for the bottom 4.
EBITDA = cash available to pay debt
EBITDA = cash available to pay debt
Imagine “””IF “””” @elonmusk #Retweeted this #VOTE for #Democrats or #Republicans based on what @JoeBiden has accomplished so far since being #Elected
I need a few #BigDogs in #SocialMedia to #Retweet this non scientific poll of #Voting !!!!
If YOU think 🤔 you can get #DataMining with #Numbers , please Retweet the above POLL on re electing @JoeBiden !!!!
If YOU think 🤔 you can get #DataMining with #Numbers , please Retweet the above POLL on re electing @JoeBiden !!!!
#Potstocks Thread:
Cannabis market is predicted to hit $43B by 2025.
This number was $29 Billion 5 months ago.
To put growth in context it was $1.3B in 2014
$17.5b 2020
Black Market sales were $66b 2020
forbes.com/sites/irisdorb…
Cannabis market is predicted to hit $43B by 2025.
This number was $29 Billion 5 months ago.
To put growth in context it was $1.3B in 2014
$17.5b 2020
Black Market sales were $66b 2020
forbes.com/sites/irisdorb…
While estimates vary, the spread is not too crazy from 1 to the other.
Some stats...
Some stats...
Yet there is so much left to happen that hasn’t...
cheat sheet:
Safebanking
280e
Rescheduling
Uplisting
Legalization
•interstate commerce
cheat sheet:
Safebanking
280e
Rescheduling
Uplisting
Legalization
•interstate commerce
1
A Canadian cannabis retail (not producer) growth star?
A Canadian cannabis retail (not producer) growth star?
And possible 3-6 bagger in a year?
#Weedstocks #Potstocks #Marijuanastocks #Cannabis #Marijuana
Today High Tide Completes Acquisition of Meta Growth
And Creates..
A Canadian cannabis retail (not producer) growth star?
A Canadian cannabis retail (not producer) growth star?
And possible 3-6 bagger in a year?
#Weedstocks #Potstocks #Marijuanastocks #Cannabis #Marijuana
Today High Tide Completes Acquisition of Meta Growth
And Creates..
2
A Leading Canadian Cannabis Retailer with 65 Operating Retail Locations1 and $148 million in Annualized Revenue.
Both companies have already begun executing on post-closing integration initiatives,
A Leading Canadian Cannabis Retailer with 65 Operating Retail Locations1 and $148 million in Annualized Revenue.
Both companies have already begun executing on post-closing integration initiatives,
3
which are expected to result in approximately 60% of the initially identified annual synergies being realized almost immediately.
High Tide to commence trading on the TSX Venture Exchange on November 19, 2020 under the same #HITI stock symbol
which are expected to result in approximately 60% of the initially identified annual synergies being realized almost immediately.
High Tide to commence trading on the TSX Venture Exchange on November 19, 2020 under the same #HITI stock symbol
NEW: Ousted Canopy Growth CEO Bruce Linton has filed to raise $150 million to form "Collective Growth"
The filing says the company, made up of former Canopy execs, seeks to combine federally permissible #cannabis companies
The ticker? CGRO
Not to be confused w/ Canopy Growth
The filing says the company, made up of former Canopy execs, seeks to combine federally permissible #cannabis companies
The ticker? CGRO
Not to be confused w/ Canopy Growth
The company's management team features:
- Canopy's former CEO
- Canopy's former CFO
- Canopy's former founder of its industrial New York hemp operation
"Canopy Growth" is listed 12 times in Collective Growth prospectus
None of those times is in the "risk factors" section
- Canopy's former CEO
- Canopy's former CFO
- Canopy's former founder of its industrial New York hemp operation
"Canopy Growth" is listed 12 times in Collective Growth prospectus
None of those times is in the "risk factors" section
Bruce Linton will co-host YFi PM with me tomorrow on Yahoo Finance for the hour to discuss what Collective Growth has planned, how Canopy Growth might feel about it, and #PotStocks / #Cannabis in general
oh, plus Marianne Williamson joins us for #SuperTuesday as well!
TUNE IN!
oh, plus Marianne Williamson joins us for #SuperTuesday as well!
TUNE IN!
Let’s talk about the “oversupply” of Canadian #cannabis ... the central pillar of the bear case against the entire sector.
1. The true Canadian market is huge.
2. In the short-term, access to it is artificially constrained.
#PotStocks $ACB $APHA $CGC $CRON $OGI $TGOD $TLRY
1. The true Canadian market is huge.
2. In the short-term, access to it is artificially constrained.
#PotStocks $ACB $APHA $CGC $CRON $OGI $TGOD $TLRY
Canadian #cannabis “oversupply” caused by three things:
1. Slower than anticipated retail licensing by @GovCanHealth.
2. Competition with pre-existing black market.
3. LPs ramping up production to serve ENTIRE Canada+ market
#PotStocks $ACB $APHA $CGC $CRON $OGI $TGOD $TLRY
1. Slower than anticipated retail licensing by @GovCanHealth.
2. Competition with pre-existing black market.
3. LPs ramping up production to serve ENTIRE Canada+ market
#PotStocks $ACB $APHA $CGC $CRON $OGI $TGOD $TLRY
To be clear, slow roll out of licensed retail by @GovCanHealth is NOT a conspiracy against #cannabis.
Rather, it is a classic example of government not being built to move at the speed of business.
Still, it is a bottleneck.
#PotStocks $ACB $APHA $CGC $CRON $OGI $TGOD $TLRY
Rather, it is a classic example of government not being built to move at the speed of business.
Still, it is a bottleneck.
#PotStocks $ACB $APHA $CGC $CRON $OGI $TGOD $TLRY
Ted Hellard's @sundialcannabis net worth update:
Despite the recent sell off experienced by retail investors, his shares remain worth ~$194m, including ~$86m w/ a cost basis of $1.4m, or CDN$0.20/share.
Despite the recent sell off experienced by retail investors, his shares remain worth ~$194m, including ~$86m w/ a cost basis of $1.4m, or CDN$0.20/share.
@sundialcannabis Another Ted Hellard @sundialcannabis net worth update:
retail holders down ~40% in less than 6 trading sessions, Mr. Hellard's position still worth ~$170m. His son, Ryan Hellard (SNDL CMO), has a position still worth $6.3m. #PotStocks
retail holders down ~40% in less than 6 trading sessions, Mr. Hellard's position still worth ~$170m. His son, Ryan Hellard (SNDL CMO), has a position still worth $6.3m. #PotStocks
Yet another Ted Hellard @sundialcannabis net worth update:
While retail took it on the chin today, Ted Hellard sits with a comfortable ~$142m of stock (~$12m cost basis).
And today in #nepotism news, his son and SNDL CMO Ryan Hellard, still holds $5.3m of stock.
While retail took it on the chin today, Ted Hellard sits with a comfortable ~$142m of stock (~$12m cost basis).
And today in #nepotism news, his son and SNDL CMO Ryan Hellard, still holds $5.3m of stock.
