MORE Act v2: House passes landmark marijuana legalization bill

Discussion in 'Wall St. News' started by KCalhoun, Apr 1, 2022.

  1. KCalhoun

    KCalhoun

    Baron likes this.
  2. GotherL

    GotherL

    I have a few SNDL options that expire next week looking like a pile of dirt rn.
     
    KCalhoun likes this.
  3. KGTrader4

    KGTrader4

    Won’t pass the Senate. Sadly.
     
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  4. GotherL

    GotherL

    I am leaning towards that too.

    I'd sell but it wouldn't make sense for pennies a contract.
     
  5. KCalhoun

    KCalhoun

    Agree slim chance it'll pass.

    Mainly I want to make money trading next week if there's a speculative run up.
     
  6. KGTrader4

    KGTrader4

    You’ve already seen the speculative run up. JMHO
     
    KCalhoun likes this.
  7. Nine_Ender

    Nine_Ender

    Maybe but my guess is they run up some more ( eg TLRY is down 15% from recent highs ), on the chances that the vote will pass ( even if it's less then 50% chance of passing ).
     
    Last edited: Apr 2, 2022
    KGTrader4 likes this.
  8. KCalhoun

    KCalhoun

    Last edited: Apr 3, 2022
  9. nitrene

    nitrene

    Here in California the taxes are absurdly high -- something like 40-50% so the mom & pop growers are SOL. The black market aka the local dealer is a lot cheaper from what I've heard. Unless the corrupt SF bay area politicians reduce their greed the pot business will continue to be run by the large players.

    I mean my roommate in 1987 when I went to Cal was growing it in our dorm room along with shrooms.
     
    KCalhoun likes this.