if anyone is interested, cannabis stock is booming. Ignore if not interested.

There is a Growing Need for Innovative Devices to Stifle Cannabis Misuse

BY PR Newswire— 9:00 AM ET 06/02/2021

Detailed Quote: OGI ORGANIGRAM HOLDINGS INC. $3.214 UP 06/07/2021

NEW YORK, June 2, 2021 /PRNewswire/ – While the pandemic has been terrible for many industries and businesses, the cannabis market turned out to be an unexpected winner.In 2020, legal cannabis sales in the U.S were up 46% from 2019, reaching a new record of USD 17.5 Billion, according to cannabinoid market research firm BDSA. However, before the boom in sales, changes had to be made. The pandemic initially has disrupted the market, as only medical dispensaries were allowed to remain open, while recreational-use retailers were forced to close because they were deemed as unessential. Once the stores were allowed to be opened, the more familiar in-store experience had to change to a more modern approach, offering customers deals with the added ease of pickup options.

Cannabix Technologies Inc. (OTC: BLOZF) (CSE: BLO), Cronos Group Inc. ( CRON ) , HEXO Corp. ( HEXO ) , OrganiGram Holdings Inc. ( OGI ) , Cresco Labs Inc. (CSE:CL) (OTC: CRLBF)

Presently, the medical cannabis sector accounts for a majority of the market share, as progress is slowly being made in removing the stigmas associated with such products. Overall, the legal cannabis market is permeating throughout the U.S. and is helping to create a multi-billion-dollar industry. Because of the rapid pace with which this industry has grown and changed, there are concerns over possible cannabis abuse. One of the major concerns over cannabis abuse revolves around operating a vehicle while impaired. The National Institute on Drug Abuse highlighted that marijuana was the most common illicit drug found within the bloodstream of drivers who were involved in vehicle accidents, including fatal ones. As a result, companies within the cannabis marketspace began to develop the necessary technology for law enforcement agencies to use in crackdowns on drivers operating a vehicle while under the influence of marijuana.

Cannabix Technologies Inc. (OTC: BLOZF) (CSE: BLO) announced breaking news yesterday that, "it expects to ship its THC Breath Analyzer ("THCBA") to a clinic in the Northwestern U.S. for beta testing in the coming days. The collaborating clinic has a robust drug testing operation and is one of the top drug testing providers to employers within its respective state. This new beta-testing site will be an addition to beta-testing launched earlier in the year. The Company is also reviewing new opportunities for testing in the province of Ontario.

The Company has received early positive qualitative feedback of its THCBA device with regards to human factors usage of the device. Beta-testing has been ongoing with Alipour Medical Centre, an occupational health care provider located in Newport Beach California.

https://eresearch.fidelity.com/eresearch/evaluate/news/basicNewsStory.jhtml?symbols=OGI&storyid=202106020900PR_NEWS_USPR_____IO97680

AMC, other retail stock favorites jump; regulator signals concern

BY Reuters — 10:20 AM ET 06/07/2021

By Aaron Saldanha, Sinéad Carew and David Randall

(Reuters) -Shares of AMC Entertainment Holdings Inc ( AMC ) and other "meme stocks" supported by individual traders jumped on Monday, extending a rally in social-media favorites into a third week as message boards hummed with talk of squeezing Wall Street short-sellers.

The sharp gains prompted the U.S. Securities and Exchange Commission on Monday to say it was looking into signs of market manipulation given the "volatility in certain stocks."(why would they care? Because it’s small investors causing the volatility)

The volatility has challenged analysts, and two of them in the past week have stopped covering video game retailer GameStop ( GME), whose shares soared in January in a retail-driven rally.

Cinema operator AMC, which almost doubled in last week, rose 12% to $53.85. BlackBerry's U.S. listing climbed 11.0% to $18.60 and put it up 56% since the start of June. Canadian cannabis producer Tilray Inc's U.S. listing surged 5%.

"AMC never ceases to amaze me. Just when I think that train is over, it jumps almost 10 points in the first 30 min of trading," one poster on Reddit wrote.

AMC shares are up more than 2,500% for the year to date as it has courted individual investors, while GameStop ( GME) shares are up about 1,305% over the period.

Some bearish investors retreated from bets against AMC on Friday when the stock fell 6.7%. Short interest slumped 74.5 million shares, or 14.9% of AMC's float, on Friday from 88.2 million on Thursday, according to S3 Partners.

Institutional investors are largely sitting on the sidelines as the meme-stock rally continues.

Amateur investors "don't need a reason," said Michael O'Rourke, chief market strategist at JonesTrading in Stamford, Connecticut. "They're trying to do the same thing they did last week. It's a new week. They start over, the meme stock buyers, the wallstreetbets Reddit community."

Wall Street analysts have largely refused to raise target prices, which reflect their view of fair value for a company's shares, despite the retail-investor driven rally.

Joseph Feldman, analyst at Telsey Advisory group, terminated coverage of GameStop ( GME) on Monday. His last rating on the stock was "underperform," with a $30 price target, about 88% below Monday's level.

"We're focusing on other areas," said Feldman. "It's hard to justify where the stock is trading relative to the fundamentals."

Bank of America to stopped covering GameStop ( GME) last week, citing "a reallocation of resources." [nL2N2NP1O7] AMC has been the top-traded stock among clients of brokerages Fidelity and Freetrade, used heavily by amateur and individual investors playing with their own money, data showed.

On trading-focused social media site Stocktwits, message volume related to AMC, a barometer of interest in the stock, rose 6.2% on Monday. BlackBerry topped the list of stocks mentioned on wallstreetbets, according to the swaggystocks.com sentiment tracker.

The SEC continues to "monitor the market in light of the ongoing volatility in certain stocks to determine if there have been any disruptions of the market, manipulative trading, or other misconduct," an SEC spokesperson said in a statement on Monday.(This is ridiculous because there’s been manipulative tactics for years, but it was only insiders doing it)

"In addition, we will act to protect retail investors if violations of federal securities laws are found," the SEC said.

Market participants have told Reuters that some Wall Street institutional investors are ramping up complex options trades that let them bet the shares will fall while keeping a lid on potential losses if they gain. (In other words they’re figuring out a way to cheat)

Among other meme stocks, headphones maker KOSS ( KOSS) rose 12.3%.

AMC's corporate debt has benefited from the rally in its equity, though not to the same extent in part because retail investors cannot buy corporate debt directly. The June 2026 12% bond, worth about $1.5 billion, is up by 364% since Jan. 1 and is the best proxy for the company's equity value, said John McClain, high yield portfolio manager at Diamond Hill Capital Management. "Bond holders are suspect of the volatile swings in the equity and where the real valuation is," said McClain. "Do you really want to be the investor who buys AMC debt and watches the equity come back to reality?"

https://eresearch.fidelity.com/eresearch/evaluate/news/basicNewsStory.jhtml?symbols=KOSS&storyid=202106071020RTRSNEWSCOMBINED_KCN2DJ1P0-OUSBS_1

>>13851639

I have to say that this sounds the breaking of several federal laws, including lying to the public to take a life threatening vaccine, this is not going to end well for them. Wouldn't that be something that FB goes done with Fauci and Gates. I suspect a lot more at the NIH and American agencies of Health will go down too,this was a huge coverup, WW. All because they wanted to take Trump down, think of that, kill millions to take down TrumpPlus they wanted to rake in Trillions

>>13851666

Yeah, they all did it, and still do it, they're expected to, it's a lot less of crime than what most politicians commit daily

>>13851783

think about the timing, release covid the day of the first impeachment, it wouldn't have happened either way, they had to remove him to make america defenseless. See the connections and what he meant to the NWO, the one and only president that lived through numerous assassination plots, only one that stood up to China and other countries, only president that really loved this country and American's, etc. etc. etc.. We've never felt so appreciated. The truth is it would have happened a lot sooner if HRC had gotten in. You don't have to take a shot, but he couldn't deny those who 100% believe shots will save their life. We can make a choice.

>>13851813

Probably because he's come up with a safer currency after he kills the dollar of the corporation

>>13851753

yeah those ws guys don't like it when someone earns money. I never listen to their analytics, if I did I'd be poor right now. Just went on my own research and intuition. and looked at the possibilities of growth

>>13851733

I really wonder if the pharma companies created a cure or reversal agent for the vaccine, just in case they got caught, or one of them got it. if they didn't they sure should be doing it now, they are fucked royally at this point

>>13851718

yeah they keep on saying uneducated investors, crap everyone was uneducated when they got in the stock market, what they are really saying is, "this savvy group of fuckers are messing with our profits and illegal shit, we won't tolerate this"

>>13851528

hahahaha yeah that's gonna to get him off