The Antelope
1.2K posts
The Antelope
@__OuttaControl_
set the gearshift for the high gear of your soul
เข้าร่วม Mart 2015
265 กำลังติดตาม499 ผู้ติดตาม
“In Canada, now you guys have legal marijuana too.
Which they should have in America. It's so ridiculous. They just recently decided to make it schedule 3.
It's legal in a lot of states, but it's still not legal federally. It's goofy. If alcohol is legal, marijuana is far safer.
It should be legal. It's ridiculous. It's also a personal freedom thing. Leave people alone. No one's robbing banks, smoking weed, fucking killing neighbors. It's crazy.
It's not heroin. It's not opiates. Maybe you shouldn't do it if you have mental health problems. But there's a lot of people that just take a pot gummy and go to bed and it makes them sleep better.
Leave them alone. Leave people alone. Let people have a glass of whiskey. Let people have a glass of wine with dinner. Leave them alone.”
JRE 2470 with @PierrePoilievre
@joerogan @joeroganhq @MikeTyson @KushDesai47
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@WeedStreet420 Funny how I'm mostly a bull, you're mostly a bear, yet we always find a way to agree on things. Sort of a microcosm of how the world would ideally work :)
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@jesseredmond @raftandasong82 Looking forward to it
I never miss an episode of @higherexchanges (nice little plug for you & @MorganPaxhia) -- whoops, 2 plugs!
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@__OuttaControl_ @raftandasong82 Pls lmk if you need anything on the LEEF side. Earnings are out on Wednesday, and then Micah will be on Higher Exchanges on Thursday.
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Nobody asked, but here's a ray of sunshine in an otherwise bleak news cycle.
I read the same tea leaves everyone else does. Trump's numbers are down, he needs the youth vote, rescheduling is a carrot on a stick, the goalposts will keep moving until maximum political impact right before the midterms. Maybe. This administration has proven it will do whatever it wants, whenever it wants. So your guess is as good as mine on timing.
What I do know: the five largest MSOs just put up fantastic earnings. And $HITI just knocked it out of the park. The market didn't care. And $HITI isn't some OTC penny stock - it's Nasdaq-listed. When a Nasdaq stock craters after a beat, that's a clear signal that we are in a sector that is actively hated, and retail that is completely exhausted.
To me, that's opportunity!
I've stayed long through all of it. Laugh if you want (the trolls certainly will and have been) but I find day-trading this sector even more absurd than holding LT. Have a thesis. Stick to your thesis. That's how I invest, for better or worse. Lately it's been for worse. I know.
But here's the question I keep coming back to: if you believed (as I do) that rescheduling is coming eventually, whether that's this quarter or the night before the midterms, should these equities be trading where they are right now?
If someone told you asset X would be worth a multiple of its current value within 12-18 months, what would you pay for it today? A premium? A discount? The market isn't just refusing to pay a premium - it's actively selling the asset outright.
To a long-term investor like me, that's nuts.
I keep adding incrementally. No one has to agree with me. But with everything feeling this dark, I figured someone out there might appreciate hearing it.
Mentioned: $GTBIF $CURLF $TCNNF $CRLBF
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@raftandasong82 I love $VRNOF too, and of the MSOs they are actually my fave after $GTBIF for the long-term. Silly I missed it. Missed $LEEEF in my write-up the other day too -- just a lot going on and I miss things here and there. No shade intended :)
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@__OuttaControl_ lol no worries — they’re just my largest holding, and they’ve been beaten down the most, so I feel like they’re due for a run when this all happens.
Enjoy your content- keep spreading the good news!
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Not spiking the football (and obv neither is the market) but two items dropped today that, read together, are worth noting for anyone tracking cannabis rescheduling.
First: The Medicare CBD pilot launching April 1 will allow full-spectrum products, meaning trace THC is included. The government could have narrowed this to CBD isolate. They didn't. That's a quiet but meaningful acknowledgment of the entourage effect - that the combination of cannabinoids produces better clinical outcomes than CBD alone. You don't design a Medicare pilot around full-spectrum products without believing the THC interaction matters therapeutically.
And before anyone says 'the hemp industry just lobbied for this' - Charlotte's Web would have taken isolate coverage and celebrated. The full-spectrum spec is a clinical design choice, not a lobbying win.
Second: Rep. Reschenthaler (R-PA) introduced H.R.7987 today, creating a safe harbor for national securities exchanges to list cannabis companies and prohibiting federal adverse action against businesses that serve cannabis operators.
Here's the dot-connect: Schedule I is defined as 'no currently accepted medical use.' The federal government is now covering full-spectrum cannabinoid products (including THC) for seniors through a physician-recommended Medicare pilot. You cannot hold both of those positions simultaneously forever.
HHS already formally concluded in 2023 that cannabis has accepted medical use. The EO directed the AG to expedite rescheduling. The pilot is now building the real-world evidence record that makes DEA resistance increasingly indefensible.
The rescheduling isn't done. 280E relief isn't here yet. But consider what today actually represents: on the same day a federal health agency quietly acknowledged that THC has therapeutic value by designing a Medicare pilot around it, a Republican congressman introduced legislation to let cannabis companies list on national exchanges. One is the scientific predicate. The other is the capital markets infrastructure. You don't build the second without the first eventually following.
Cautious optimism is the right posture. But the architecture is taking shape
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@raftandasong82 You are correct, and I was in a rush to get my dogs out to the woods. Apologies.
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@__OuttaControl_ Forgot to tag $VRNOF if we are talking the top five MSOs.
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@__OuttaControl_ I have not seen this? Do you have a link?
Republican congressman introduced legislation to let cannabis companies list on national exchanges.
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@__OuttaControl_ Anything is possible. I just have to focus on what's probable or I'll go crazy like everyone else. 🤣🍻
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Update to my earlier post:
The Marijuana Herald added a key detail I didn't have: CMS isn't just allowing 'some THC' in the Medicare pilot - they specified up to 3mg per serving of tetrahydrocannabinols, including delta-8, delta-10, and THCA.
Someone at CMS set that number intentionally. You don't land on 3mg per serving by accident. That's a clinical parameter, and notably, CMS hasn't yet explained publicly how they determined it or whether they consider it non-intoxicating.
Seems to me they're not applying an existing framework, rather building one in real time, through the pilot itself, which is exciting - if for you other reason that it signals things are in motion aka PROGRESS.
The government appears to be constructing the regulatory architecture for cannabis-derived therapeutics from the inside out before rescheduling is even finalized. That's not how you treat a Schedule I substance with no medical use.
All of this is just how I am connecting the dots inside my monkey brain. I don't have any insight beyond what I am reading publicly, and this not intended as financial advice in any way 🤷♂️
Anthony Martinelli@AMartinelliWA
The forthcoming Medicare CBD program will allow products to contain small amounts of THC, according to a new report. themarijuanaherald.com/2026/03/medica…
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@TheCrusaderDeux I don't have the answer whether the hemp ban takes effect in Nov, if it get pushed, if there's a carve-out for certain form-factors, etc. Even if it's already been "decided" by the powers that be, it's still probably fluid regardless. And I certainly don't have that intel.
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@__OuttaControl_ For the most part I agree but to me it's not in question. When the hemp ban takes effect CMS will be required by law to adjust the THC threshold down.
Any discrepancy will, as you noted, have to spur another change in regs after, somehow.
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That's an open question, not a settled one. The November hemp provision sets a per-container limit, whereas the pilot specifies per-serving. Different units.
More importantly, whether CMS is bound by the Farm Bill hemp definition for a Medicare innovation model hasn't been determined. The Marijuana Herald noted this tension explicitly today.
If CMS has to gut the 3mg threshold in November, that's actually another argument for why rescheduling needs to be completed before then, which, to me, is precisely the pressure the pilot is designed to create.
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@__OuttaControl_ It should be noted:
When the hemp regulations change later this year then that 3mg becomes 0.3% because CMS must align with the upcoming hemp ban.
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Fair point on the formal confirmation. Oz announced April 1 publicly at the December 18 White House ceremony, which is what I'm sourcing. You're right that there's been no Federal Register publication. Either way, the broader argument about full-spectrum design choice and the rescheduling signal stands regardless of whether it's April 1 or after.
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@__OuttaControl_ Who says the pilot program is launching April 1? We have no confirmation of this and the FDA hasn't done any rulemaking on redefining the container size.
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The Antelope รีทวีตแล้ว
A bipartisan bill introduced in the U.S. House would allow marijuana businesses to access major national stock exchanges while also shielding a wide range of companies that provide services to the legal marijuana industry. themarijuanaherald.com/2026/03/bipart…
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@__OuttaControl_ Bingo. What this means in the wider context of rescheduling, if any, I'm not sure. But I am sure this is true.
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The Antelope รีทวีตแล้ว
The Antelope รีทวีตแล้ว
🚨 Safe Harbor Uplisting Bill Introduced to the House
🔗 congress.gov/bill/119th-con…
🔎 H.R.7987 - To prohibit Federal agencies from taking any adverse action against a person solely because the person provides business assistance to a cannabis-related legitimate business, to amend the Securities Exchange Act of 1934 to create a safe harbor for national securities exchanges to list the securities of issuers that are cannabis-related legitimate businesses, and for other purposes.
🔥-take: As we all know by now, plenty of time & effort can occur between introducing a bill and passing it. Noteworthy nonetheless!
🌿 Cannabis ETFs: 🌎 $YOLO 🇺🇸 $MSOS
📈 $SPY $QQQ $IWM #FinTwit
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