@AMartinelliWA Good news for $CGC through its Canopy LATAM and Spectrum Cannabis / Spectrum Therapeutics.
@CanopyGrowth is still one of the best globally positioned cannabis players.
@StaesDavid $CGC earnings on May 29. I expect revenue ⬆️ with alcohol sales declining because ppl are buying more cannabis. Looking forward to full Canopy US activation after full S3 is done. Let’s see.
Why is $MSOS crashing on the most fundamentally-bullish day in years?
Because the top holder of the ETF are derivative market makers (2nd pic).
Basically Jane Street buys a bunch of the ETF and then right before OpEX they sell a bunch of OTM calls and buy OTM puts, and then dump all their shares. Crushing calls, banking on puts. Should be illegal, India banned them for the same thing, but why would the SEC go after liquidity providers? You think they care about retail traders getting scammed? They don’t!
Anyways I put some data to it. Since 2022 there has been 47 monthly options expirations and 995 trading days.
Average daily return? 0.0%
Average return from Thursday to Friday during OpEx week? -2.8%
Longest streak of Thursday to Friday sell-offs during OpEX? 12 months in a row.
Once Jane Street and SIG scammed retail traders? Next 10 days are up 0.6% on average. Positive 2 week returns during a time period where the ETF fell -95%, lol.
GFY @JaneStreetGroup
@DAGToddBlanche @TheJusticeDept@POTUS Can you also support the Commander in Chief’s executive order to reclassify cannabis to Schedule III by actually finishing the process?
$MSOS $CGC $CURLF
Crazy thought: what if Trump’s endgame is to fully deschedule cannabis for profit? Flip decades-old policy, catch the market sleeping, trigger a green rush. Drop it at the perfect moment → stack gains → suddenly you’ve got a whole new voter base. $MSOS $CGC $CURLF
@joslin12832@StaesDavid@POTUS@realdonaldtrum One thing I’m sure of is that Bondi’s got him by the balls. She is already doing him favors with the Epstein files. She dont give a shit about no S3 EO.
@AGPamBondi@DeptVetAffairs@TheJusticeDept “Legal representation for complex medical decisions.”
You mean like when a veteran chooses cannabis for PTSD and then needs a lawyer because it’s still federally illegal? That’s one way to solve the problem. GET S3 EO DONE.
$MSOS $CGC $CURLF
@AMartinelliWA Sounds like @POTUS is going for a bigger carrot. @AGPamBondi and @DEAHQ still haven’t implemented the Schedule III EO from months ago. It’s like watching two different governments operating in parallel.
$MSOS $CGC $CURLF
EO issued. HHS already said Schedule 3. Public support overwhelming.
And @DEAHQ is still “reviewing.”
At this point it’s not a process — it’s a stall tactic. GET IT DONE @PamBondi@TheJusticeDept@POTUS@realDonaldTrump
$MSOS $CGC $CURLF
@StaesDavid Canna investors need to stop coming up with deadlines. Patience is a virtue. No one even thought Trump would sign an S1 to S3 EO in Dec 2025. $MSOS $CGC $CURLF