Cannvestor

Long cannabis

[Cannvestor @cannvestor]

@TheDankInformer The whole point of the fund is for people who don't have access to the underlying, no? Doubt there's people buying it for the active management

[Cannvestor @cannvestor]

@realpristinecap @AdvisorShares @Bkov9 There's a few growing at double the rate of green thumb, but yeah they're almost all doing poorly

[Cannvestor @cannvestor]

@BlueBrigade77 Doesn't change GTII's free cash flow, does it?

[Cannvestor @cannvestor]

@cmarttrades Price action isn't really a risk.
Liquidity is a risk. Going concern is a risk. Forex is a risk. Key man is a risk.
How is price action going to impact revenue or margin? Maybe if you need to raise capital, but that goes back to liquidity and going concern risks

[Cannvestor @cannvestor]

@WeedStreet420 @JDerevyanny What does retail have to do with it? AUM is what keeps a fund running, not the # of retail holders

The 2nd part is a pretty bold claim. Do you think they'd match the average of TRLV and CURA performance without it? I.e. up 25% rather than down 10%?

[Cannvestor @cannvestor]

@WeedStreet420 @JDerevyanny I think we can all agree AUM is a much stronger indicator of sentiment than a Twitter poll, no?

Hell, half the complaints nowadays are how they're not holding enough GTII even though it's -10% YoY vs +10% for CURA or +40% for TRLV for the same period

[Cannvestor @cannvestor]

@Levi2v2y The same reason it's always been - it adds liquidity to an extremely illiquid market. And that won't change until adult use is federally legal

[Cannvestor @cannvestor]

@c2412345 @Bkov9 @NYSE @NasdaqExchange @WeedStreet420 @StaesDavid What's the L6M return of GTBIF compared to the other top holdings? How about 1 year return?

Oh, right, GTBIF has underperformed on both timelines by a massive margin

[Cannvestor @cannvestor]

@TheDankInformer @V_arrell @longtrulieve Expand to include, not convert. Cannabis is medicine, and there will be channels specifically for medical use in any mature market.

[Cannvestor @cannvestor]

@XIX_Value @ragingbullcap The problem with holding $CRON is it's like you're holding 80% cash. Unless they start spending it, and soon, the upside is going to be extremely limited

[Cannvestor @cannvestor]

@cmarttrades You think that's the anchor, and not the fact that their revenue has grown less than 2% a year (inflation adjusted) for the last 2 years while their COGS have grown 10% YoY?

There's no boogeyman here, the fundamentals are just not there right now.

[terp kaczynski @terp_kaczynski]

rt if you're in the "blocked by Earl Oliver" club, I wanna see something

[Cannvestor @cannvestor]

@eaoliver @EamonCyr The guy that said COVID was engineered to not target Jewish people is your bastion on healthy debate?

[Cannvestor @cannvestor]

@AaronWAnderson @eaoliver Pretty much what I said, just took 40% off the top first for markups

[Cannvestor @cannvestor]

@AaronWAnderson @eaoliver If the problem is tons of unsold cannabis and a thriving illicit market, it does help.

Only reason you don't see $30 ounces and why the glut is large as it is right now is because the LP will be losing $10 per unit before any costs are taken into account

[Cannvestor @cannvestor]

@AaronWAnderson @eaoliver The problem is that people would be willing to buy the product if it was cheap enough, which the duties currently prohibit. If LPs could sell $30 ounces, the supply/demand intersection would be radically different

[Cannvestor @cannvestor]

@AaronWAnderson @eaoliver The silliest part is that the glut of inventory only exists because of the taxes

[Fair Vote Canada 🗳️🍁 @FairVoteCanada]

"I've over time started changing my views on proportional representation...perhaps this is something we need to take a serious look at so that we can have more of a brokerage approach for Parliaments in the future." - @erinotoole