Curaleaf Holdings Inc T.CURA

Volatility to Continue for Pot Stocks

[ledzep4u]

If there is no SAFE+ coming this week (which is very possible) then the volatility will continue, especially to Dec. 28. This is the last day for tax loss selling and then you legally have to wait 30 days before buying back the same stock (US & Canada rules).

The logic would tell you to sell your pot stocks for tax loss (which is easy choice given the year we've had) and then don't need to buy them back after 30 days because they will probably continue to fall with no news of SAFE+ or re-scheduling/de-scheduling within the first couple months of 2023.

The only positive is that you can pick up some good quality pot stock MSO's early in the new year, which is my strategy at this point. Not selling, just buying. GLTA

[Bullknit101]

It's almost guaranteed there will be no Safe this week which I think is now built into the MSO share prices. Your comments are pretty spot on (no safe plus tax loss selling). Of course, the broader market will sell off too adding more downside pressure. I won't be surprised to see Curaleaf dip to ATL briefly sometime soon but then ask yourself, what is the downside risk after that? I would

[Bullknit101]

I didn't want to be right, but we reached the ATL today and it looks like capitulation. Buy the ticket, take the ride...whatev... It's really hard to imagine better times ahead. I'm so disappointed in government doing virtually nothing. Safe Banking was passed 6 or 7 times in the House so there is something sinister going in the Senate.  I'd like to see who is making money

[blackspade799]

Democrats have done nothing for small cannabis companies but have only given us lip service will little to no action. Bidden and Schumer had the opportunity to pass "SAFE" but have lied and have dragged it out and now are trying to pass the buck off on Republicans. This should of never happened..but here we are, politicians once agin proving once again just how unreliable they are in

[TheProphetElijah]

Here is Biden's text if you want to send him a message: Text me: [phone] But I can imagine how many not so good messages he's already been bombed with on this matter. Indeed all theatrics