Month: June 2026

Please watch the five-minute video by Shadd Dales which gives a great synopsis and the appropriate conclusion for investors regarding the June 19th DEA order: 

The June 19 DEA order triggered a lot of reactions across the cannabis sector.

But after reading the order itself, one question stands out:

What are investors missing?

The hearing was narrowed.
The timeline was defined.
The process was capped.

Yet many are still viewing the…

— TDR (@TheDalesReport) June 24, 2026

Position: None

This is one of the strangest and most difficult markets to navigate:

* Intraday volatility is extreme

* Sector rotation is also heightened

…In the market with no memory from day to day.   

I have decided to trade less of the indices and concentrate my efforts on individual longs and shorts, where I have strong conviction.

Position: None

Volume

– NYSE volume 15% below its one-month average  
– NASDAQ volume 19% above its one-month average;
– VIX index: down 4.26% to 18.66

Breadth

S&P 500 Sectors

% Movers

Nasdaq 100 Heat Map

Position: None

Trulieve’s (TRLV) shares have been under pressure because of the malaise in the cannabis space and the proposed sale of 2.5 million shares by the company’s founder, Kim Rivers.

As expressed in my cannabis update yesterday, I believe an extraordinary reward vs. risk exists today.

As to Trulieve, based on Rivers’ SEC reporting I believe she is close to completing her sales (which were previously planned for in a filing).

After she completes those sales I expect the company to implement their authorized company buyback.

I would further note that a large portion of the cannibas company’s operations are medical-use based, which has already been rescheduled. 

Position: Long TRLV (S)  

DID YOU KNOW BLACKROCK OWNS 5% OF A COMPANY THAT OWNS 5% OF ALL TRULIEVE?

Marex Securities Products Inc. (a subsidiary) and Marex Group plc reported beneficial ownership of 9,750,000 subordinate voting shares
They filed a Schedule 13G December 18, 2025

NEED MORE$trlv $msos

— USCANNA ☮🙏☮ (@Th1902D) June 23, 2026

Position: Long TRULV (S)