Month: July 2026

hisnamekj:

It’s been a painful month in cannabis stocks and I am fully invested at this point but I managed to add one more big slog MSOS under $4 and TRLV under $8 this morning. My conviction is that my generation of GenX and my younger millennial friends have been ramping up cannabis use in the last few years and slowing down while alcohol use. I see it all around me. The reschedule is icing on top if that sticks. The question is does this translate into higher stock prices eventually?

Dougie Kass:

it is no surprise (though it is painful short term) that i view the weakness as opportunity.

i expect rescheduling of adult recreational use.

i expect resolution of past tax liabilities (utp)

the debt cliff has been addressed on favorable terms (rates, maturity).

uplistings have begun

custodian issues are being resolved

buy backs have commenced

core business has stabilized

no institutional ownership (yet)

and retail has been decimated (unable to sustain stock prices)

i add daily to the investment – with upside reward massively higher than risk (imho)

Positions: Long MSOS (VVL)

Here's my interview with CNBC on how Zuckerberg's vacuous talking points about AGI and open source exist to distract from how Meta burned $180bn in capex (and more off-balance-sheet) to make also-ran LLMs that don't deliver an iota of the promise of "personal superintelligence." pic.twitter.com/ivXSxto29m

— Ed Zitron (@edzitron) July 29, 2026

Positions: None.

Positions: None.

I quote Ed Zitron often on AI.

He will be on CNBC shortly.

Positions: None.