A place to post & share consumer deals. Found a deal on the internet that seems out of this world or spectacular? This is the place to post it! Share Deals with the community of reddit! deals - Making your wallet happy since 2008.
StonksWorks will be a software to make wallstreetbets impossible to shut down and easier to research sentiment, first version will be released on monday (January 31th, 2021)
I'm building a free and open source software that will enable people to easily search and build metrics using the posts and comments on /wallstreetbets. Basically, the software will analyze the posts and comments, let people easily understand the sentiment of the community and take positions accordingly. Github: https://github.com/steve-care-software/products Here's why: In the past, the stock market was heavily used by professional stock traders like hedge funds, equity funds, etc. Now a days, technology has evolved so that retail investors can easily trade in the market. This brings people that calculate things differently in the market. Professional stock traders are used to analyze the market and try to discover future prices using past data. When a company doesn't have good fundamentals, professional stock traders are used to short the stock and kill the company. However, sometimes, companies have plans to turn their company around. Retail investors are a bit more emotional: they are the customers of the companies and sometimes are emotional when it comes to company they like. Recently, GameStop (GME) decided to turn their company around. They had a lot of debt, very few professionals wanted to lend them the money they needed to execute their plan. However, when they released to the public, retail investors liked. They wanted GameStop to execute that plan and be customers in their updated company. Hedge funds decided, however, that the plan was not as good. They didn't listened to the future customers of GameStop, the retail investors, and decided to short the GME stock. Retail investors continued to buy, while hedge funds continued to short it. Hedge funds gambled so much that they executed short position at 140% of the available float, thinking that retail investors would sell due to the pressure. This never happened. Retail investors kept buying. It created a short squeeze and made the GME stock sky rocket. People in mainstream media are currently talking that the /wallstreetbets community manipulated the market. In my book, they are saying that because they don't understand that the stock markets are currently evolving. In the future, hedge funds will need to analyze the sentiment of future customers when a company with bad fundamentals try to spin their company. However, I think regulators will try to shut the WSB community down. Therefore, I want to protect it by making it impossible to shut down. On top of that, I also want to build the tools to further help retail investors understand the market and protect the company they like. If you like the idea, please share this subreddit with people on reddit. Ill update every day with my progress. If you have any question, please ask them. Ill be around every 4 hours during day time. I'm located in Quebec, Canada.
Welcome to weedstocks. Before you read this post, please take a few seconds to read the rules in the sidebar. We've had an influx of new users recently and the mods have been working overtime trying to keep the usual quality you expect to find here. As such, we're being strict with the rules. If you post low-effort content (including pumping/bashing), if you go off-topic, or if you're disrespectful to another weedstocks member, you will hear from the mods. Finally, please know that we have tools that keep new users from posting. This is to combat bots and spam. New accounts will need to wait 30 days before creating a post or 7 days before being able to leave a comment within a post. We have also implemented a temporary karma requirement, so if you're a new account, please try to engage elsewhere on reddit to learn how to use reddit before posting here. 1. What stocks should I buy? If this is your first question, in my opinion, you're going about investing incorrectly. No one can tell you what stock to buy. It depends on a lot of factors that are personal to you. What is your risk level? How long are you holding? Why do you want to invest in cannabis companies? Every investor is different and has their own reasons for investing. Instead, you should be asking: What companies should I look into? You'll likely get many replies. Some replied might be good. Others might be terrible. You cannot trust random people on the internet to give you investing advice. You can listen to their opinion, but you need to do your own research (we call this research "Due Diligence" or DD for short). 2. How do I research a company? Start with Google. Type in the company name followed by "investor relations." This should bring you to the companies website specifically for investors like yourself. It should have financial information, information about the company, and maybe even a FAQ. I know not everyone likes reading, but if you want to make money, you need to read. If you're not reading, you're gambling. Read about the companies products, read their financial statements, read their MD&A. When you're done that, go on YouTube or check out our past AMA threads for interviews with the company and it's CEO (found in the sidebar). Google the company more. Search their name in weedstocks. What products do they sell? Are those products well reviewed? Etc. This will take time. You can't rush proper due diligence. If you're worried you'll miss out by spending so might time researching, then you're going to run into issues in the future. Buying based on hype is not a solid investment strategy. 3. How do I buy stocks? Most banks have some sort of trading platform. If you have a savings account, you might want to check to see if they offer the ability to buy/sell shares. Just like with stocks, you should do some research one which platform is best for you. Not all are created equal. Some offer free trading (you don't have to pay a fee to buy/sell stock), but in those cases, there are certain limitations and catches. Others will have a small fee for each stock you buy/sell, but will generally be more stable. 4. What are derivatives (options, forwards, swaps, futures)? If you have to ask this question, you should not be considering them. 5. What is an ETF? Are there cannabis ETFs? To put it simply, an ETF is a collection of stocks managed by someone else. You can buy an ETF exactly like buying a stock. This is a way to diversify your investment over multiple companies without having to buy all those companies yourself. This could means it's less risky, but it could also be more risky depending on the stocks within the ETF. Yes, there are cannabis ETFs. You should research them exactly like you would another company. 6. What is the TSX, NASDAQ, CSE, OTC, NYSE? These are what are known as "Stock Exchanges." They are the market places where stocks are bought and sold. Your trading platform should have access to most of these markets by default, but this is something to look at when deciding on the platform you use. US cannabis companies can't list themselves on US stock exchanges as cannabis isn't federally legal, so most of them are found on the TSX, OTC, or CSE instead. 7. Should I invest on margin? Should I take out a loan to invest? If you have to ask this question, you should not be considering it. This is a highly personal decision and depends entirely on your financial situation. Remember, there is not such thing as a sure thing. 8. When will Cannabis be legalized in the US? No one knows. There is no specific date and no guarantee it will actually happen. It's more likely, now that democrats control all 3 branches of the US government, but just because it's likely does not mean it's guaranteed. 9. When is the Tilray/Aphria merger and how will it affect me? Is their an arbitrage opportunity? We don't know the exact merger date, but it is likely to close in the second quarter of 2021. Under the terms of the deal, Aphria shareholders are expected to receive 0.8381 shares of Tilray stock for each share they own of Aphria. Tilray shareholders will simply keep their shares. As for an arbitrage opportunity, there are always risks with merger arbitrage. Right now, the biggest is that the merger might not go through. 10. A company is being shorted X%. I should invest, right? This is another one of those "If you have to ask, then the answer is no" questions. To put it simply, to "short" a stock means that you expect the share price to go down. If a company is being shorted, it's usually because other investors (who, if you're asking this question, likely know more than you) believe the company is not worth the current share price. If the short % is high, that means they REALLY think the company is not worth the current share price. Short positions usually indicate that a share price is too high. This could be because their management is bad, the company is losing money, their products have terrible reviews, or their product/service is becoming more irrelevant with new technology. If you've done your due diligence, you should be able to tell why a stock is being shorted. If you disagree, then you can buy long. Gamestop (GME) was a rare situation where investors shorted so much that other investors were able to take advantage in a unique way. This is not common and should not be attempted without first realizing the risk or understanding what you're doing. 11. Are all pot stocks the same? (courtesy of u/xtr_trek) Definitely not! There are Canadian companies (called Licensed Producers - LP's) operating in Canada's legal market. There are American companies (called multi-state operators - MSO's) operating on a state by state basis. There are ancillary companies, providing things like lights, nutrients, banking services. And there are sector ETF's that encompass various pieces of the above. Within each of those groups, there are also major differences between the companies themselves, with wildly varying revenues, valuations, footprints, and growth strategies. It's more important than ever to understand these differences before you invest! If you have any other questions, feel free to ask them below and I'll include them above. A special thanks to u/lookitsian who posted a FAQ previously for us. You can click here to view theirs. It has some additional information not included here.
Megathread: President Donald Trump announces he has tested positive for Coronavirus | Part II
President Donald Trump announced he and First Lady Melania Trump had tested positive for the virus and will begin their quarantine and recovery process immediately. The news comes after it was announced that close presidential aide Hope Hicks tested positive Wednesday evening. Megathread Part I
I debated making this post for awhile because I normally just comment in replies to other things. But someone came across an old post and thought I should share directly, particularly given the influx of homeless discussion. I'm a homeless person in the area. I lived on paid campgrounds in the region when the weather was nicer and now when I have the cash, I stay in motels. So I'm not someone on the lawn, chopping up bikes (I actually sold mine for $50 to pay for another room night) I'm a nobody and you've probably stood in line next to me and had no idea I was homeless because I do everything in my power to keep it together. But I cry a lot and the longer this goes on, the more difficult it is to climb out of because literally everything in society is working against you and I don't think many people realize the logistics of how difficult homelessness can be. I lost my job literally the week after the NBA shut down. For what it's worth, my former boss got a six figure PPP loan (it was on ProPublica which is how I found out) and I haven't heard from them since. Other than when I had to fight some reporting stuff that they messed up. The shitty thing too is, the company made multiple millions of dollars. Still in business. Still operating btw. Anyway... I was raised in foster care, so I don't have a family to run to when times get tough. All of my IRL friends live in Canada and I was actually in the IEC working visa pool and hoping to go over, get work experience, make connections, and eventually immigrate there permanently. My friends there are like my family, but there's nothing they can do to bring me over because we aren't blood related and they can send me some money but the exchange rate sucks and so do all the exchange fees. They really just don't know how this country just lets people struggle. But the pool suspended draws in March and at the end of last year, they fully closed it out. There hasn't been any announcement on if they'll ever bring it back and jesus christ I feel so fucked. So, I want to explain how people end up in situations like mine. I was on a short term lease and it didn't get renewed. It was probably for the better anyway because my former roommate was talking about stabbing Jews like Soros to end the pandemic. (I'm Jewish.) Oh and she owns a business in town. That was early on in the pandemic when I lost my previous place and I thought honestly this would be over by summer, my job would ask me back and it wouldn't be an issue, so I rented airbnbs even though they were pricey. I don't think many people thought this would all go on as long as it did either. Then I had car issues (tires balded completely, brakes, rotors, and tired rods iirc? I needed a whole lot of shit done.) Then I got really sick too and medical bills were an arm and leg. I was applying to places to live and my credit was going to obviously get dinged with maxing out credit cards and having unpaid medical bills would just obviously make me a shitty candidate to rent to. But through June I tried applying to places. But those are hard credit pulls and I did...a number of them over 2-3 months to try my damndest. However, I can't get approved for housing because I'm unemployed and have been unemployed for months. I don't make enough from sex work other than to cover some nights nor is that a viable "job" to most people. I don't have a WA cosigner, hell I don't have ANY cosigner that lives in America, so that takes me out of the running of the vast vast majority of places. And not only that, a number of landlords would only take me if I could pay something like $5k or pay the full amount of the lease upfront. One woman almost rented a room to me, but I have now no "recent" landlord for them to reference and call. When I explained to her I was living in a motel, she called me homeless scum looking for a place to do drugs. One of my friends tried to "act" as a former landlord, but they looked up property records and he wanted to arrest me for fraud. I was just desperate for a place to live (and I want to share this story too because a lot of people make VERY VERY VERY bad suggestions to homeless people.) I don't even drink in this goddamn state full of craft breweries. I don't like NOT having my wits about me. So no, I'm not some tweaker that does drugs. I also cannot fucking stand the smell of marijuana. I'm a lame ass square. But it doesn't matter because every single stereotype is what you are when you are homeless. You can't rent a room without having CURRENT employment THAT PAYS THE RENT. So a part time, 10 hour a week gig at $15 McD's won't qualify you for housing. I don't know what is so difficult about understanding that but people really seem to struggle with that. You need to make at least 3-4x to qualify for anything, including just a bedroom. And? You can't rent without RECENT landlord to reference. It's one of the several sneaky requirements they throw in there in order to make it damn near impossible for someone who is homeless to get permanent housing. Mentally, it's all a constant waking nightmare. I have to try to figure out the best prices on places to stay, I have to make lots of calls, I apply for aid, I have to stay warm, I have to try to sleep, I have to try to promote my sex work, I have to try to think if there's any future for me. It's exhausting. "Now you're wondering why not go to the shelter?" I did one night and I had to fight off assault. I know another girl who was raped and she attempted suicide and had to be committed. PLEASE stop thinking this shit doesn't happen in this town just because your homes cost half a million fucking dollars. Most people may not also understand the restrictions or lack of dignity that occurs at a lot of shelters. Some shelters force you to change into scrubs they provide, so it feels like prison. You can't keep your stuff on you. It's very time restrictive, so if you are working later than the entry time, you're totally fucked. Or if you need to go to work, you can also be fucked for violating the rules. It's also just full of people who are screaming at night from the mental anguish this shit leaves you in. It's literally sleeping among nightmares. A lot of aid in town and in general, America, is run by churches or "loosely affiliated religious organizations". I have been point blank asked to convert in order to get help. I'm ethnically Jewish and I dunno how they can't quite get that I can't exactly convert into a new ethnicity. The synagogue in this county has been closed and offers zero aid or help. Also LOTS of charities focus strictly on families and there is also one in town for young adults (under 24.) While I understand that's important, there isn't a lot of help for people like me in their mid-30s or who are single. "Why not apply for affordable housing?" Well, most people don't even know that the waiting lists are closed for 1 bedrooms. The list is 5-10+ y e a r s long. Many people have probably never visited it, despite constantly suggesting it to me: https://bellinghamhousing.org/home/applicants/open-waitlist/ go ahead and tell me what's open and what's closed. And that's the waiting list- that's not even you getting housing tomorrow. "You must make a lot sex working!" 90% of OnlyFans accounts make under $50 a month. It's not the money maker you think it is, earning even $100 is hard work. Processors take huge chunks of earnings, then you have transfer fees, and yeah it's a lot to be desired. There's also the mental toll it can take. Also, I'm not a hot young college thing, I have a specific niche and it doesn't really pay. So just a few other things, especially as it concerns food:
Not every motel, especially the cheap ones, have rooms with microwaves or fridges. Or they don't work. If you're on a campground, you can't use perishables without ice, a freezer and that has to be constantly maintained.
EBT doesn't cover warm or prepared food or "anything intended to be eaten in the store".
I won't accept food handed to me where I didn't purchase it or it didn't come from a verified place. ESPECIALLY HOMEMADE FOOD. Please, PLEASE reconsider this (I know there is meal train and that might be different, but I'm talking just generally.) I'd actually avoid handing food directly to a homeless person. You have ZERO idea of their allergies or medical conditions. I have NO IDEA if you poisoned it. Now you might laugh, but given the way people who are supposed to be helping have treated me, I really, really can't afford to trust strangers.
Also, I'm wary of the free pantries. Why? Again, because people tamper with food.
YOU may be well-intentioned, but enough people aren't.
I routinely have gotten rotten produce in my food bank box, I can send you fun pics. Point is, most of the stuff is on its last legs or has no legs at all. I have gotten fully molded loaves of bread and I honestly couldn't even eat after seeing it.
PLEASE stop donating your expired goods to the food bank.
PLEASE do not donate UNSEALED things to the food bank. Like your hot chocolate mix in a tin from 2014.
Please donate jams, jellies, honey, and spices because 1) plain beans and rice sucks and 2) surviving on peanut butter sucks and every person struggling right now will tell you some jam would be nice.
People want to help and I get that. And you're like "goddammit what can I do?" Just hand people money. Just give people the dignity that they know how to prioritize their needs. Research continually bares this out: https://www.cnn.com/2020/10/09/americas/direct-giving-homeless-people-vancouver-trnd/index.html Don't give me coats, I have one. The one you gave me probably won't fit or if I'm allergic to wool, I will have no use for it. (I'm not allergic to wool, but people are!) Don't give me things I haven't asked for in general. Someone send me a PM saying they have a twin bed I could have. Uh, I have a bed in storage, no thanks. They called me a cunt and told me to kill myself. Don't hand me lotto tickets. Most scratch offs are loser tickets and then it looks like I'm wasting my money on gambling. You also have no idea who might have be struggling with or recovering from a gambling addiction. Don't donate your trash and expect me to grateful. You gave me the work of throwing away your garbage and reminding me that's all I am to you and the community. Don't bitch about homelessness and in the same breath fight Section 8 or assume shit about housing vouchers. If you're a landlord in this town, maybe you ought to accept vouchers and actually try to be a force for good. Or bitch about how minimum wage is too high. It ain't high enough. Don't send me a PM saying you have a room for me to stay in or will "take me out on a date" to get me food. That's taking advantage of someone. That's also really fucking unsafe. If you do allow homeless and jobless people a place to stay, put that on your facebook or craigslist ad publicly or respond back when someone does explain their situation. (Note: and while I sex work, I'm not an in/outcall worker or an escort. I'm not going to have sex with you or put myself in an incredibly dangerous situation.) Don't criticize people who are homeless who are trying to tell you what they actually need- you do not know their needs. Please stop assuming you do. You can encourage groups to just give straight cash grants. If you absolutely are committed to give giftcards, do them for useful places like Target, Walmart, grocery stores, etc. where someone can buy toiletries, clothing, etc. Don't send me a $5 giftcard to like Cabela's. The closest one is a drive away and what can I do with that? I would spend more in gas to get to one. In the same vein, someone offered me a giftcard to like a steakhouse in Seattle. I hope you can understand how those aren't useful. You can also hold your church, your preferred charity org, etc. ACCOUNTABLE. Actually look what they require of applicants for aid, ask them for how they advertise to the public and what their outreach is, ask how much is going to people, demand transparency. "Okay, so I want to give to United Way--" Wait. Stop. PLEASE understand that United Way is a passthrough organization. It's a middle man. They just help fund other charities and they obviously skim off the top as "operating expenses". Likewise, I saw here and on facebook lots of folks donating to Whatcom Community Foundation. They also do not provide any direct aid. It's also a middle man. Listen, I understand they fund a few scholarships and help promote nonprofits and I'm NOT saying it's bad or the worst idea ever, but if we are talking about the most direct, most efficient, and most bang for your buck, just hand your dollars to people struggling. Hand me $5 and that can go towards my storage unit or cell phone bill or private mailbox or gas or insurance. It can go towards supplements, it can go towards getting a warm cup of soup, or it can go towards another night of a safe warm place to stay. Other sex workers, my friends in Canada, and a couple nice souls on reddit who have helped via paypal/cashapp/venmo? That's been THE reason I've stayed afloat, it's the been THE reason I can stand next to you in line at Target and I don't reek of piss because I was able to actually have a real shower. It has NOT been because of nonprofit organizations. I think it's really important for people to understand that some bills, some bad luck, and some pandemic fuckery can easily spiral your life into daily struggling and homelessness. It's not easy to move and most of our safety net requires you to have a robust social network. I hope one day I can migrate to Canada, but now I need to resave thousands of dollars to qualify for any visa and to be brutal with you, my chances of achieving that dream and being able to have a real life again are very slim. I'll soon age out of IEC Working Holiday visa and I simply don't have tens of thousands of dollars to pay for graduate school as an alternate way in. It's a hard road ahead for me to get through until I can even get the vaccine. My hope in sharing this lengthy long diatribe is that it causes you to think and critique the institutions we have. Please think about how you can truly help and what that looks like in action. Not everyone's struggles are the same, especially not everyone's homeless struggles, but thank you for reading mine. Edit: Thank you again for reading this and really taking it to heart, I really appreciate the kindness and gratitude show. I honestly didn't think anyone would even read this. If anyone else is homeless or struggling or on the verge, I don't take any mind to you sharing your story too and please feel free to just send me a message that this sucks and I'm here to listen to bitching because lordy I get it. xo
The cannabis market right now is so similar to the start of the green energy market.. its nowhere near done being bullish. Save for some small dips, there will very likely be a huge bullish trend for 2021. EVEN NASDAQ AGREES. I’ve posted my positions a few times, and I’ll continue to do so. But this is my reasoning for investing in cannabis stocks in general for 2021.
I've been a bull on cannabis since the democrats had a strong pro-cannabis platform. But what made me go balls deep into the market was that the UN changed its classification of cannabis. Countries follow the UN closely for guidance on their own classification of controlled substances. Congress has repeatedly cited the UN’s classification as one of the reasons for not changing it. Several countries immediately changed their stance on cannabis in response to this, including Israel, which In November 2020, announced that it was moving forward with a plan to legalize recreational cannabis nationally. “The country is aiming to implement recreational legalization within nine months, and even if there are delays, that means mid-to-late 2021.” (This is my reason for investing in Canadian cannabis companies, because they are already poised to expand internationally since its legal there nationwide)
THE SENATE IS NOW BLUE! The Georgia runoffs were won by Democrats, and they can now swing the vote left with VP Harris. She promised it as part of her platform, so we know it will be prioritized. CHUCK SHUMER SPONSORED THE MORE ACT. HE WILL BE SENATE MAJORITY LEADER. IT WILL 100% BE PRIORITIZED BETWEEN HIM AND VP HARRIS.
EVERYONE predicted beforehand that the republicans would win Georgia... everyone talked down decriminalization passing the house because of they believed it would NEVER pass the republican majority senate. But the left spent more than any senate race in history to encourage voters to go out and vote. Only once the race started did it become clear that the left had a chance. Then some gains from the surprise that they won. However the gains from 1/5 onwards definitely hasn’t been priced in for all the future legislation, because some of it will be completely new legislation that wasn’t possible to consider before without a blue senate. THIS HASN'T BEEN PRICED INTO THE MARKET YET.
The government is broke post-COVID. There is a terrible image of the police. They don’t want to waste more resources on cannabis related crimes that would be fixed under decriminalization. And the tax revenue from decriminalization would be significant. Decriminalization (THE MORE ACT) opens up the borders to interstate-commerce and international import/export. This would all trickle down into Uncle Sam’s empty pockets.
New York Governor Cuomo announced on Jan 6 his plan to legalize marijuana for adult use (right after New Jersey vote, as I anticipated in my last post) as part of his State of the State agenda. The next step is a ripple out on the North East. NY didn’t want to miss out on tax revenue, neither will any of the other states in the northeast within driving distance of NJ and NY. This is Cuomo’s third attempt in three years to legalize adult-use cannabis in the state; last year, Cuomo included a legalization proposal in his state budget, but the plan was ultimately cut in the wake of the COVID-19 pandemic.
Other ongoing state legislature:
Rhode Island: Regulators have received 45 applications for six new medical cannabis dispensary licenses in the state. If all applicants meet the requirements for a license, six will randomly be selected in a lottery to operate retail locations in different regions across the state. Read more
Missouri: Rep. Shamed Dogan has filed legislation that would place an adult-use cannabis legalization measure on the state’s 2022 ballot. Meanwhile, Missourians for a New Approach has announced plans for a separate 2022 ballot initiative after an unsuccessful signature campaign to get the issue before voters in 2020. Read more
Alabama: Sen. Tim Melson plans to reintroduce a medical cannabis legalization bill this year. Medical cannabis legislation passed the Alabama Senate during the 2020 session, but failed to clear the House. Read more
Illinois: Illinois lawmakers have proposed the creation of 75 new cannabis retail licenses to give disadvantaged and minority applicants a second chance at licensing following the controversial licensing lottery to issue an initial 75 dispensary licenses. A work group made up of lawmakers and members of Gov. J.B. Pritzker’s administration met this week to finalize details of the bill, which will be introduced in a lame-duck session that starts Jan. 8, before new lawmakers are sworn in Jan. 13. Read more
Minnesota: House Majority Leader Ryan Winkler is again renewing his push to legalize adult-use cannabis in the state, announcing plans to reintroduce a legalization bill this year. Winkler told WCCO that he sees “Senate leadership as being the number one obstacle,” but said that if lawmakers agreed to place an adult-use legalization initiative on Minnesota’s 2022 ballot, “it would pass overwhelmingly.” Read more
Virginia: Del. Steve Heretick has reintroduced a bill to legalize adult-use cannabis. Heretick has proposed legislation related to decriminalization and legalization in the past, and this year’s bill would legalize the cultivation, sale and consumption of cannabis in the state. Read more
Connecticut: Gov. Ned Lamont renewed his push for adult-use legalization during his State of the State address Jan. 6, announcing that it is a priority for the new legislative session. Connecticut’s 2021 legislative session opened Jan. 6, and Lamont, a Democrat, kicks off the session with increased majorities in the House and Senate, which could increase his chances of passing an adult-use legalization bill. Read more
Now that you understand why I’m going green, here’s my reasoning for my positions. TLRY (Tilray)
largest cannabis company in the world by revenue post merger. Will run out of Seattle and New York City. New York Legalization on top of senate turning blue is a big catalyst for TLRY.
Merger hasn’t completed yet, and the merger happened before the senate went blue.. that was the gamble APHA was making, and they won. The sky is the limit now. When they merge, they will reduce expenses and be much more likely to post profitable quarters. (This is why mergers have so much hype; the sum is > than their parts because they can reduce operating expenses while maintaining revenue from the two companies)
Tilray CEO Brendan Kennedy: “I think medical cannabis will be legal at the federal level, which means medical cannabis can cross state lines and be imported into the U.S., like we export cannabis from Canada and Portugal to about 15 countries now,” Kennedy said. “Anyone who thinks there’s a state-specific medical market is wrong.” As for the recreational market, Kennedy says the state-specific markets, with interstate trade banned, “are not going to last long.” Kennedy believes that cannabis will be distributed like alcohol and tobacco within two years’ time. That would require significant overhaul of US federal drug laws—and would significantly disrupt all US cannabis companies’ existing business models. Brendan Kennedy, the cannabis billionaire will step down as Tilray's chairman and CEO. Irwin D. Simon, Aphria's current chairman and CEO will take Kennedy's place.
[On December 18, 2020, just three days after the U.S. Senate adopted the Cannabidiol and Marihuana Research Expansion Act (CMREA or the Act) (more on this below), the U.S. Drug Enforcement Administration (DEA or the Administration) published in the Federal Register a final rule, “Controls To Enhance the Cultivation of Marihuana for Research in the United States” (Rule), which finally paves the way for DEA to issue additional licenses to grow “marihuana” (i.e., cannabis) for research purposes.](https://www.jdsupra.com/legalnews/on-heels-of-senate-s-adoption-of-36129/)
GNLN (Greenlane Holdings)
One of the largest global sellers of premium cannabis accessories. Pax/JUUL/Volcano products. I’ve had Pax products, and although I prefer Arizer because of the affordability, I can’t deny Pax has quality products and is like the “iPhone” of vaporizers. I like their products, I like their branding. There’s lots of hype and loyalty, especially with their Volcano desktop vaporizer.
Strong US brands.
The main reason they did poorly was bad timing. They IPO’d during the year that JUULs started being banned. They’re actually at all those levels again. Theres a ton of upside potential.
Market cap is ridiculously low for some really renown brands all because of the JUUL flavor pod ban. Everyone knows Pax, Volcano, and JUUL. But no one knows Greenlane because of the bad timing of their IPO and the subsequent JUUL flavor ban. It’s crazy. They’ve already broke all time high for the year. But I’m holding until they break 1B market cap.
Overall i think too many people count it out just because of their IPO and subsequent decline in JUUL sales from the JUUL flavored pods ban. They definitely have the potential because of their strong branding and quality products. I’m betting on them having more high quality products in the future with equally loyal customers.
SNDL (Sundial Growers)
SNDL must close above $1 per share for 10 consecutive sessions by June 26, 2021 or it will bedelisted from NASDAQ. People see this as a fear factor, I see this as “they will do anything necessary to reach $1 for a week so they won’t be delisted”.. IMHO reverse splitter probably isn’t on the table since they could have done that in 2020, but instead applied for a 6 month extension after announcing “alternative strategic investments”. We can already see this by their predatory loan SPAC spinoff.
Rumors of a merger with CGC; SNDL also purchased a SPAC recently and entered an agreement with Zenabis, immediately claiming they defaulted. Turning that SPAC into predatory loan/debt repurchasing company. Imo if they want to complete a merger, it would be easy to sell ownership through that SPAC to the buyer.
THEY RECENTLY WENTDEBT FREE by selling off unprofitable assets in the business. This means we are much more likely to see earnings in future quarters, and they are much more attractive for mergers.
Because they are indoor growers, they are more likely to be bought up by a company in the consolidating Canadian cannabis market than fail all together. The amount of space licensed to grow cannabis in Canada is now heavily skewed toward outdoor cultivation instead of indoor for the first time, according to new data from Health Canada. A growing population of licenses for outdoor growers means that there aren’t as many indoor licenses being given out... If a company ANYWHERE IN THE WORLD wants to quickly expand into indoor growing OR into the west, they would have to purchase an existing company that has the license to quickly do so. This is WAY faster, and a guaranteed way to obtain a license rather than applying for one and waiting x amount of months and be rejected for some requirement that wasn’t met.
From my own experience, outdoor cannabis is subpar quality to indoor grown cannabis. So a growing market for outdoor cannabis doesn’t necessarily mean its better... it is likely just cheaper. I would imagine a high quality “craft cannabis” company would want to purchase SNDL, or an existing outdoor growing company that wants to quickly expand to indoor grown cannabis. With this being a Canadian company, there’s a chance a company in another country like Israel would be interested in purchasing it in the near future.
PLNHF (Planet 13 Holdings)
Biggest tourist trap in Las Vegas if you’re a stoner, casual smoker, or just wanting to try it. From my own experience, I think they will continue to be successful. If I went around the US trying other brands I’d probably be more confident in putting 5-10% of my portfolio into those picks or choosing to not include them lol. Like for example, I used to have Curaleaf. But there's tons of bad feedback on Curaleaf, a friend has tried it said the nug is really subpar quality and if I tried their nug I’d probably confirm that I wouldn’t want to invest in them. With PLNHF, i’ve seen the ambience and tried the product myself. It’s definitely a lot of hype price wise, but still quality. This is my own bias showing, but I still think they’ve got solid fundamentals and excellent location/strong US branding.
I’m well aware of other good stocks like GTBIF, CRLBF, SSPK, TCNNF, GRWG.. but these stocks haven’t been swinging as hard in response to pro-cannabis news. E.g. TLRY, SNDL, GNLN swung more than 20% some days from pro-cannabis news...I will likely reduce my current positions shortly after inauguration, after some news about the timeline for cannabis legislation, and diversify my positions more between these other good picks. 2021 is the year of cannabis boys
Detailed DD post [re-post after r/pennystocks removed it]
I posted this yesterday morning (UK time) but after 5 hours or so, pennystocks deleted the original post. A few people messaged me asking for it to be shared in a few High Tide specific pages. So here it is! -- This is my first time posting a DD post – a friend of mine who moderates on SPACs has shared some analysis I have written previously, but I’m keen to share this here, and see if there is any appetite for sharing my own personal written DD I have on the 30 stocks I have across a number of different portfolios. I have modified this format, as it was originally a script for a video which I created on the stock. If you prefer to listen – check it out here: https://youtu.be/qsjwU7kkPsw Some of the market stats (market cap, current multiples, etc.) are correct as of Feb-06, and clearly a little outdated since the price movements. Not a financial advisor, do your own DD. I am long HITI and have an expectation of a long term hold on this stock. Overview
High Tide Canada-based cannabis retail company, operating under multiple brands. It operates under 3 core divisions:
Brick and mortar retail – 4 key brands with just under 70 locations in Canada. Brands include: Canna Cabana, New Leaf, Meta Cannabis and Kushbar. Forecast to have around 115 stores by end of 2021
Online retail – has 2 brands, both of which attract millions of viewers per month – Grasscity.com and CBDcity.com
Wholesale – manufacturer of paraphernalia in US and Canada. Number of products are branded with various celebrities, Snoop Dogg, Paramount Pictures, Trailer Park Boys and many more
Has good c-level execs and experienced executive board; hold significant stake in the business. CEO Raj Grover holds just over 21% of the shares
Currently has a market cap of around $280m. Still significant upside to the valuation – see analysis later in post
Investment Merits Very strong market growth:
Business has demonstrated growth both organically (through new store openings, more online sales and greater wholesale sales), as well as inorganically through M&A
Growth in markets which High Tide has a physical presence in is expected to be very strong. North American cannabis market (Canada and US) is forecast to grow by 30% a year to 2027 (source: research and markets)
Analysts covering High Tide are forecasting growth in excess of this, which is positive to see and implies capturing market share
New markets / geographies ‘opening up’, legalizing and regulating cannabis is also an exciting and realistic prospect for incremental growth:
The US federal legalization debate is on the table
Many other countries are considering this too and High Tide is well positioned for these; this is catalyzed by the fact that government debt has increased significantly as part of the response to the COVID-19 health crisis. This needs to be repaid somehow, and increasing tax rates on existing taxes is an unpopular political move. Finding new tax revenues is a more palatable way of increasing tax revenues for governments. This is especially important in countries where elections are upcoming.
Personally I do expect to see this accelerate the agenda for the regulation and legalization of cannabis in many new countries
Whilst predominantly Canada and US based, High Tide does have presence in some markets where cannabis is not regulated or legalized, the UK for example (~10% of Grasscity sales are made here) and so it is well positioned with a strong and established brand to capitalize on this opportunity, when / if the market ‘opens up’
Regulation
High Tide benefits from the regulatory focus and overhang on the cannabis retail sector as it represents a strong barrier to entry, making it more challenging for new competitors to enter market
Participants in the market need to have licenses and ensure consistent compliance with laws to continue operating – failure to comply can result in significant financial penalties
Personally I normally don’t like investing into retail. There are usually fairly limited barriers to entry, minimal differentiation and negligible customer loyalty, however the cannabis market does have different characteristics in this respect and makes it a more compelling proposition
Regulation also benefits those with scale, something High Tide has as the leading player in the market. It costs money to obtain and retain licences to operate and it costs money to ensure compliance with all the laws and regulations and that all staff are acting in accordance with these
Some parallels in this respect which can be drawn to casino gaming in casinos; you don’t see new casinos popping up at the same rate which you see new restaurants or apparel stores opening
Demand
There’s a lot to like about the demand dynamics for High Tide. It’s vice-nature means that demand is less correlated to disposable incomes. Given where we are in economic cycle, especially important consideration
For those doubting this, check alcohol, tobacco or gambling expenditure across economic cycles historically, for a proxy
Strong performance throughout COVID-19 crisis
Despite heavy weighting towards brick and mortar, (the most hard hit part of retail) it has effectively managed the shift to online, which is a positive
Has relied on government support and financial assistance in the form of job retention schemes (address in more detail later in post)
This demonstrates management are capable and have effectively navigated the challenging situation
Data
Massively summarized from the video, (and my video on KERN) so check that out if interested in this point, however, they have unique access to supply chain data which could be monetized effectively and generate strong levels of recurring revenues
Other established sectors have a trusted party with such unique access to data (e.g. alcohol, lithium, different foods, etc.) and the opportunity here is enormous
I would like to see High Tide capitalize on this
Forecasts financials & analysts
Currently 2 analysts covering High Tide, both have a buy rating on the business
Their coverage is slightly outdated (expect this being updated soon and a further catalyst for positive price action) and their price targets are 60c; at the time their reports were published, they were forecasting a 4x upside (HITI was trading at ~15c)
Same analysts also forecasting strong growth - 77% CAGR to 2022. They are forecasting revenues of around $250m and EBITDA of $46m. A reminder here, these are professional analysts, not YouTube students – these come from their financial models, the assumptions of which are discussed with management
Going to go quick here, its explained more slowly in the video but High Tide is currently valued at a significant discount to the other listed peers
Looking at EV / FY+1 Sales multiples – EBITDA not meaningful as some of the peer group are EBITDA negative and High Tide itself has only recently become EBITDA positive
Personally, I think Planet13 is the most comparable given its business model
Taking both Planet13 multiple and peer group average multiple, this is then applied to High Tide’s forecast FY+1 sales to calculate an enterprise value – this is adjusted for net debt to get to a market capitalization and then divided by the share count to get an implied share price
The table below shows the implied stock price valuations from this analysis
Net debt will change in coming year given the capital structure and a large number of convertible notes – this has been ignored given it will have small impact on the price
The share count will change as a result of dilution from various instruments – if this bothers you massively then look at the valuation discount on the basis of the enterprise value as it does not impact this (and only slightly on the market cap given minimal impacts to cash from instrument execution, etc.)
Not accounting for any stock split, consolidation or any other M&A deals
The FY21 financials are on the basis of the mean broker estimates from Thomson Reuters – Seeking Alpha has different and slightly outdated ones
US is only a small part of the market which High Tide addresses, while a change in regulation would have a big impact on the company, currently it is unlikely this would happen, given the discussions about potential federal legalization
Canada regulation is established and not going anywhere
Other countries likely to legalize and regulate cannabis, as outlined earlier
Dilution
No escaping that there will be some significant dilution for shareholders, as pointed out in the table below, but this should be already priced into the stock
Potential that new equity issuances could occur to help finance growth, but provided this growth is delivered, it should be accretive for the stock price
A risk that investors need to be aware with for all companies which have relied on government financial support during COVID-19 measures. Such support has resulted in the number of businesses going bankrupt decreasing massively – this is at a lower level than it ever normally is and is masking some real underlying issues within companies. As investors we need to be open eyed about this
As High Tide has benefited from support in the form of the Canada’s Emergency Wage Support scheme, there is the risk that once this is lifted it may become apparent that the cost base has not been effectively managed
Personally, I think this is mitigated by the synergy analysis conducted as part of the M&A. A full cost base analysis would have been conducted to calculate the potential $8.4m synergies so strong likelihood that this is under control, but should keep on our radar and reassess
Marketing expenses and celebrity licenses
Need more information to ascertain whether these are underpinned by a compelling ROI. Seen a lot of people suggest this is a great positive, but the impact on sales volumes from these is unknown, as is the terms of these license agreements (e.g. split between upfront fee vs. volume-based fee)
No escaping the fact that it is an increased cost and so need to understand the ROI this generates to determine whether it really is compelling
Is there really more demand to pay a premium for Snoop Dogg bongs, Guns n Roses papers, Cheech & Chong grinders, or whatever they may be?
So far management have suggested this has been helpful in driving new sales, but this is something to dig into more
Hey guys, it’s Coooolin!!! It’s a BRAND NEW MONTH! How was everyone’s first month into 2021!? Is everyone ready for this month!? Anyone have any big plans or goals this month!? Let me know, doown beloow!! Hope everyone’s having a great first day to kick off FEBRUARY!! Here’s the new cards for today, Thanks EA!
NHL 94 Flashback Event Cards
Theoren Fleury - 91 OVR - CGY / RW - DIS1 , LTL2 Evgeny Kuznetsov - 89 OVR - WAS / C - SWA1 , LTL2 Larry Murphy - 89 OVR - PIT / RD - SWA1 , HOW2 Sean Monahan - 89 OVR - CGY / C - SWA1 , WH2 John Leclair - 88 OVR - MTL / LW - SPA1 , SPE2 Connor Hellebuyck - 87 OVR - WPJ / G - 6’4” / 207 lbs - DIS1 , BAR2 John Marino - 87 OVR - PEN / RD - BAL1 , WM2 Josh Anderson - 87 OVR - MTL / RW - SPA1 , MAG2 Al Iafariate - 87 OVR - WAS / LD - BAR1 , HOW2 Andrew Cassels - 86 OVR - WHA / C - H and S1 , T2 Jake Gardiner - 86 OVR - CAR / LD - SPA1 , SH2 Tie Domi - 85 OVR - WPJ / RW - BAL1 , GLA2 ——-
Primetimes
NHL
Connor McDavid - 94 OVR - EDM / C - BAR1 , HOW1 Victor Hedman - 93 OVR - TBL / LD - GLA1 , PP1 .... nasty TOTY UPDATE! Alex Ovechkin - 92 OVR - WAS / LW - LTL1 , WM1 Patrice Bergeron - 90 OVR - BOS / C - T1 , WH1 Alexander Barkov - 88 OVR - FLA / C - PP1 , MAG1 Vincent Trocheck - 85 OVR - CAR / C - GLA1 , WH1 Kasperi Kapanen - 84 OVR - PEN / RW - SPE1 , SH1 Jordan Kyrou - 81 OVR - STL / C - LTL1 , SH1 Eric Robinson - 80 OVR - CBJ / LW - BAL1 , GLA1 Aleksi Heponiemi - 78 OVR* - FLA / C - SPA1 , LTL1
Other Leagues
Anton Lundell - 84 OVR - IFK / C - HOW1 , PP1 Darren Brunner - 79 OVR - EHC / RW - BAR1 , HOW1 Michael Lundqvist - 79 OVR - FAR / RW - DIS1 , PP1 Mavrick Bourque - 78 OVR - CAT / C - H and S1 , BAR1 Markus Ljungh - 78 OVR - LIN / C - SWA1 , T1 Lasse Lappalainen - 78 OVR - KAL / LD - SPA1 , WH1 Vilmos Gallo - 78 OVR - KOV / LW - H and S1 Gustav Lindvall - 78 OVR - SHA / G - 6’0” / 174 lbs - DIS1 , BAR1 • • • • • • • • • • - - - - - - - - - • • • • • • • • • • • •
Packs Available
1D 23H • Elite Players Pack - 37.5k C / 750 P 10 items , all Gold Players, with at least 8 80+ OVR Players • Elite Pack - 25k C / 500 P 10 items, with at least 5 80+ OVR Players • Prime Pack - 10k C / 200 P 10 items , at least 5 Players with at least 3 Gold Players and 2 NHL Players
P.S.
• Brand New Month! • HUT CHAMPS Rewards Processing • New NHL 94 FLASHBACK Event Cards • Fantasy Hockey Players Upgrades — ? I thought , oops...
• Rivals Resets - Tomorrow at 5pm EST • SB Season Reset - Wednesday at 5pm EST • Rivals Rewards - Wednesday at 5pm EST • HUT Champ Rewards - Wednesday at 6am EST • SB Rewards !! - Thursday at 5pm EST • More Event Cards!! - Friday at 5pm EST —————
Summary of the day
Quick Read Best Forward of the Day - NHL94 - is THEEORENN FLEUURRY OVR 91 with the syn DISSTRIBUTORR and DOUBLE LIGHT UP THE LAMPSS Best Defence of the Day - NHL94 - is LAARRRYY MURPHYY OVR 89 with the syn SWAARRMM and DOUUUBLEE HOWITZERRR ////// Best Forward of the Day - PT - is CONNOORRR MCDAAVIDD OVR 94 with the syn BAARRRAAGEE and HOWITZERRR Best Defence of the Day - PT - is VICTORRR HEDMAANN OVR 93 with the syn GLAADDIATORR AND PASSINN PLAYMAKERR • UPGRADE FANTASY HOCKEY PLAYERS +1 OVR HIGHER • HUT Champs Processing - Where did you place? • NEW EVENT - NHL 94 FLASHBACK - CARDS OUT TODAY ! ———— —— ———
IMPORTANT NOTICE
New Month. New Mindset. New Beginning. New Focus. New Start. New Intentions. New Results. I hope you all had a great start to a brand new month! 2 months into 2021 already, WOW !! Did you murder your New Years Resolution in the first month of 2021? Its never too late to get it started again!! You can do whatever you put your mind to. I hope you all have a blessed, amazing, lucky, wonderful February! 28 days of blessings. Take care!
Interested in Stocks?
EA’s Stock Price, after hours - Feb 1 $ 145.87 (usd) —- Currency Converter we looked at the stock at $137.54 usd —— That is a difference of ( $8.33 / 6.06% ) — Disclaimer - I am not a financial advisor. It is your money, please do your own due diligence. I am not responsible for your money. This is *not** advice. I added this section for an added educational purposes only. Thanks* —— —— —— —-
NEED A SOUNDTRACK TO LISTEN TO?
I made this for everyone. I’ll update it whenever I feel like it, but its been often — like seriously almost every day!!
WE’RE ALMOST HITTING 1.4K SONGS! How are you not listening to this playlist already!? Comment songs to add, and please give feedback! It’s much appreciated!! I currently have “Sex on Fire” by “Kings of Leon” stuck in my head.... which you can play, recently added to the playlist! Sidenote - How do you guys like the playlist!? I have a friend who makes music...and I really want to surprise him with some new people listening to his music... if you wanna help me, please click Here!! it would mean a lot to me!! ———-
Sites To Bookmark!
If you click here you will be redirected to bilasport. Bilasport is the best Online Streaming site for your entertainment needs for all sports! (Not affiliated) A great streaming source recommended by NHLStreams is SurgeSport. Click on Hockey and you’ll be good to go! Want to make your dream team, and show others what you’ve been working on, and much more? I will redirect you HERE!. Here’s a helpful pack guide for you! Click! Want to know how the market is holding up? With a simple TAP! you will be on the newly fresh made website for the HUT market, made by one of the guys on the sub! .... what do the stats on a card mean? Is my card I want / pulled good? Click here to find out!! When is my favourite team playing? When do they play!? Here you can click on this link, and tap on your favourite team. From there, tap “Schedule” . You can add this to your homescreen on iPhone by clicking the square with the upwards arrow, scrolling down, and tapping “Add to Home Screen” ——- —— —— —— —— —— —— —— —- —— —-
Fighting a Gambling Addiction?
Don’t feel scared to click here. Winning is SO much louder than losing. Know that you are NEVER alone. We are all here for eachother, and it is never too late to get help. I am here for you. This is a VERY important thread, especially if you are new to HUT. Here! ——— ———
Story Time
Coming soon — Always tend to forget these at the last second! ——- 32 / 365 —— —— —— —- —- ——- —- —— —— Thanks for reading. I’m always welcome to feedback, please let me know what I can improve on. If there’s anything missing, please let me know! Take care, happy gaming! **TODAY IS NATIONAL FREEDOM DAY! • Coolin Killin It (Life is like a puzzle, you just have to find the right piece.)
Hey guys, it’s Coooolin! How was your Monday!? It’s a brand new week!! Hope everyone had a great start to it ! What did you do today? Let me know, down below! Here’s the new content for today, Thanks EA! :)
NHL 94 Flashback
Mark Recchi - 91 OVR - PHI / RW - DIS1 , WM2 Glenn Anderson - 90 OVR - EDM / RW - BAR1 , HOW2 Morgan Rielly - 90 OVR - TOR / RD - BAR1 , LTL2 ... YAY!u/jordanjclarke Ryan Nugent-Hopkins - 89 OVR - EDM / C - DIS1 , MAG2 Ryan Getzlaf - 88 OVR - ANA / C - - H and S1 , T2 ... 91 FOs with T Shayne Corson - 87 OVR - EDM / LD - BAL1 , SPE2 Craig Ludwig - 87 OVR - DAL / LD - SWA1 , WH2 Kevin Hayes - 87 OVR - PHI / C - SPA1 , MAG2 Tomas Hertl - 87 OVR - SJS / C - SPA1 , LTL2 Sean Hill - 86 OVR - ANA / RW - BAL1 , SH2 Jamie Olesiak - 85 OVR - DAL / LD - SWA1 , GLA2 Johan Garpenlov - 85 OVR - SJS / LW - H and S1 , PP2 —-
Primetimes
NHL
Austin Matthews - 93 OVR - TOR / C - LTL1 , GLA1 Mitchell Marner - 91 OVR - TOR / RW - PP1 , MAG1 Max Pacioretty - 88 OVR - LVK / LW - WM1 , WH1 Thomas Griess - 87 OVR - DET / G - 6’2” / 232 lbs - BAR1 , SPA1 Alex Debrincant - 87 OVR - CHI / RW - HOW1 , SH1 Dougie Hamilton - 87 OVR - CAR / RD - GLA1 , WH1 Mikael Backlund - 85 OVR - CGY / C - SPE1 , MAG1 Barclay Goodrow - 83 OVR - TBL / C - MAG1 , T1 ... 86 FOs with T Jake Allen - 83 OVR - MTL / G - 6’2” / 190 lbs - DIS1 , SWA1 Maxime Comtois - 82 OVR - ANA / LW - PP1 , WM1 Scott Laughton - 81 OVR - PHI / C - HOW1 , SH1 Bratt Pesce - 80 OVR - CAR / RD - BAL1 , GLA1 Chandler Stephenson - 80 OVR - LVK / C - DIS1 , PP1 Nicolas Hague - 78 OVR - LVK / LD - SPA1 , LTL1 Givani Smith - 78 OVR - DET / RW - SWA1 , MAG1
1D 23H • Jumbo Elite Pack - 50k C / 1k P 20 items , with at least 11 80+ OVR Players • Mega Pack - 37.5k C / 750 P 30 items, at least 15 Gold Players, and 4 80+ OVR Players • Players Pack - 15k C / 300 P 10 items, all Players, at least 5 Gold Players and 1 80+ OVR Player
• Rivals Resets - Tomorrow at 5pm EST • SB Season Reset - Wednesday at 5pm EST • Rivals Rewards - Wednesday at 5pm EST • HUT Champ Rewards - Wednesday at 6am EST • SB Rewards !! - Thursday at 5pm EST • More Event Cards!! - Friday at 5pm EST —————
Summary of the day
Quick Read Best Forward of the Day - 94 FLASHBACK - is MAARK RECHHI OVR 91 with the syn DISTRIBUTOR and DOUBLE WING MAN Best Defence of the Day - 94 FLASHBACK - is MOORGAN RIELLY OVR 90 with the syn BARRAGEE and LIGHT THE LAAMP // Best Forward of the Day - PT - is AUSTIN MATTHEWSS OVR 93 with the syn LIGHT THE LAMP and GLAADIATOR Best Defence of the Day - PT - is DOUGIE HAMILTONN OVR 86 with the syn GLADIATORR and WING MAAN ———— —— ———
Important Notice
Okay, lets say you had a bad day. Are you going to let it tower over your mood, spiral thoughts into your brain making it negative... or are you going to get your power back? You are who you choose to be. Just be yourself, and be you: be true, be you, and just be yourself. People will like you for you, and not just a fake persona you choose to be..because people can/will find out sooner or later, and that’ll just be bad. Do what makes you happy. Be around people that make you happy.. and if someone isnt? Tell them that - or let them be. You deserve good people in your life.
Interested in Stocks?
EA’s Stock Price, after hours - Feb 8 $ 142.46 (usd) —- Currency Converter we looked at the stock at $137.54 usd —— That is a difference of ( $4.92 / 3.58% ) — Disclaimer - I am not a financial advisor. It is your money, please do your own due diligence. I am not responsible for your money. This is *not** advice. I added this section for an added educational purposes only. Thanks* —— —— —— —-
NEED A SOUNDTRACK TO LISTEN TO?
I made this for everyone. I’ll update it whenever I feel like it, but its been often!
WE’RE AT 1400 SONGS! WOWW! How are you not listening to this playlist already!? Comment songs to add, and please give feedback! It’s much appreciated!! I currently have “Glad You Exist” by “Dan + Shay” stuck in my head.... which you can play, recently added to the playlist! Sidenote - How do you guys like the playlist!? I have a friend who makes music...and I really want to surprise him with some new people listening to his music... if you wanna help me, please click Here!! it would mean a lot to me!! ———-
Sites To Bookmark!
If you click here you will be redirected to bilasport. Bilasport is the best Online Streaming site for your entertainment needs for all sports! (Not affiliated) A great streaming source recommended by NHLStreams is SurgeSport. Click on Hockey and you’ll be good to go! Want to make your dream team, and show others what you’ve been working on, and much more? I will redirect you HERE!. Here’s a helpful pack guide for you! Click! Want to know how the market is holding up? With a simple TAP! you will be on the newly fresh made website for the HUT market, made by one of the guys on the sub! .... what do the stats on a card mean? Is my card I want / pulled good? Click here to find out!! When is my favourite team playing? When do they play!? Here you can click on this link, and tap on your favourite team. From there, tap “Schedule” . You can add this to your homescreen on iPhone by clicking the square with the upwards arrow, scrolling down, and tapping “Add to Home Screen” ——- —— —— —— —— —— —— —— —- —— —-
Fighting a Gambling Addiction?
Don’t feel scared to click here. Winning is SO much louder than losing. Know that you are NEVER alone. We are all here for eachother, and it is never too late to get help. I am here for you. This is a VERY important thread, especially if you are new to HUT. Here! ——- 39 / 365 —— —— —— —- —- ——- —- —— —— Thanks for reading. I’m always welcome to feedback, please let me know what I can improve on. If there’s anything missing, please let me know! Take care, happy gaming! HAPPY NATIONAL KITE FLYING DAY! • Coolin Killin It (Life is like a puzzle, you just have to find the right piece.)
I received Razer Blackshark V2 Pro wireless as a gift over christmas and find them to surprisingly sound slightly better and more comfy for me... so I decided to give away my GSP 370. It's been used for approx 7 months, in very good condition and will be wiped down/cleaned before sending. Pros About The Headset
Insane battery life. 100 hrs, I typically charge once a week.
Good sound for being wireless
Fairly light weight
Cons About The Headset
EPOS gaming software suite for the headset is horrible (Just use default windows driver that auto installs)
With EPOS installed, you will have random crackling and pops in certain frequencies
Headset and dongle firmware update is a gamble of sorts with many reports on sennheiser of their units being bricked (I wouldn't attempt it at this point)
The wireless dongle will randomly (usually once every week) will stop working at which point you need to unplug and replug the dongle to your USB port
THIS MIGHT JUST BE ME, but, I have a hard time identifying the position of sound if it's directly in front or behind.
Timestamp: https://imgur.com/sENUmy9 NOTE: Winner has to pay shipping if it's not being picked up RULES
Min account age of 30 days.
Must make comment on this post. DO NOT PM ME FOR THE GIVEAWAY.
Multiple comments will not increase the chance of you winning it.
Will not ship to anyone outside of Canada or to Freight Forwarders.
Goodluck! EDIT: Just realized I forgot to post what time the winner will be posted. People can enter until 11:59PM PST. I will pick winner on Jan 26th morning so any last min entires can be made. FatassMcDerpface You won it! PM me to figure out how we get this to you. https://www.redditraffler.com/raffles/ktgd0a
Playboy going public: Porn, Gambling, and Cannabis
NEW INFO 5 Results from share redemption are posted. Less than .2% redeemed. Very bullish as investors are showing extreme confidence in the future of PLBY. https://finance.yahoo.com/news/playboy-mountain-crest-acquisition-corp-120000721.html NEW INFO 4 Definitive Agreement to purchase 100% of Lovers brand stores announced 2/1. https://www.streetinsider.com/Corporate+News/Playboy+%28MCAC%29+Confirms+Deal+to+Acquire+Lovers/17892359.html NEW INFO 3 I bought more on the dip today. 5081 total. Price rose AH to $12.38 (2.15%) NEW INFO 2 Here is the full webinar. https://icrinc.zoom.us/rec/play/9GWKdmOYumjWfZuufW3QXpe_FW_g--qeNbg6PnTjTMbnNTgLmCbWjeRFpQga1iPc-elpGap8dnDv8Zww.yD7DjUwuPmapeEdP?continueMode=true&tk=lEYc4F_FkKlgsmCIs6w0gtGHT2kbgVGbUju3cIRBSjk.DQIAAAAV8NK49xZWdldRM2xNSFNQcTBmcE00UzM3bXh3AAAAAAAAAAAAAAAAAAAAAAAAAAAA&uuid=WN_GKWqbHkeSyuWetJmLFkj4g&_x_zm_rtaid=kR45-uuqRE-L65AxLjpbQw.1611967079119.2c054e3d3f8d8e63339273d9175939ed&_x_zm_rhtaid=866 NEW INFO 1 Live merger webinar with PLBY and MCAC on Friday January 29, 2021 at 12:00 NOON EST link below https://mcacquisition.com/investor-relations/press-release-details/2021/Playboy-Enterprises-Inc.-and-Mountain-Crest-Acquisition-Corp-Participate-in-SPACInsider-ICR-Webinar-on-January-29th-at-12pm-ET/default.aspx Playboy going public: Porn, Gambling, and Cannabis !!!WARNING READING AHEAD!!! TL;DR at the end. It will take some time to sort through all the links and read/watch everything, but you should. In the next couple weeks, Mountain Crest Acquisition Corp is taking Playboy public. The existing ticker MCAC will become PLBY. Special purpose acquisition companies have taken private companies public in recent months with great success. I believe this will be no exception. Notably, Playboy is profitable and has skyrocketing revenue going into a transformational growth phase. Porn - First and foremost, let's talk about porn. I know what you guys are thinking. “Porno mags are dead. Why would I want to invest in something like that? I can get porn for free online.” Guess what? You are absolutely right. And that’s exactly why Playboy doesn’t do that anymore. That’s right, they eliminated their print division. And yet they somehow STILL make money from porn that people (see: boomers) pay for on their website through PlayboyTV, Playboy Plus, and iPlayboy. Here’s the thing: Playboy has international, multi-generational name recognition from porn. They have content available in 180 countries. It will be the only publicly traded adult entertainment (porn) company. But that is not where this company is going. It will help support them along the way. You can see every Playboy magazine through iPlayboy if you’re interested. NSFW links below: https://www.playboy.com/ https://www.playboytv.com/ https://www.playboyplus.com/ https://www.iplayboy.com/ Gambling - Some of you might recognize the Playboy brand from gambling trips to places like Las Vegas, Atlantic City, Cancun, London or Macau. They’ve been in the gambling biz for decades through their casinos, clubs, and licensed gaming products. They see the writing on the wall. COVID is accelerating the transition to digital, application based GAMBLING. That’s right. What we are doing on Robinhood with risky options is gambling, and the only reason regulators might give a shit anymore is because we are making too much money. There may be some restrictions put in place, but gambling from your phone on your couch is not going anywhere. More and more states are allowing things like Draftkings, poker, state ‘lottery” apps, hell - even political betting. Michigan and Virginia just ok’d gambling apps. They won’t be the last. This is all from your couch and any 18 year old with a cracked iphone can access it. Wouldn’t it be cool if Playboy was going to do something like that? They’re already working on it. As per CEO Ben Kohn who we will get to later, “...the company’s casino-style digital gaming products with Scientific Games and Microgaming continue to see significant global growth.” Honestly, I stopped researching Scientific Games' sports betting segment when I saw the word ‘omni-channel’. That told me all I needed to know about it’s success. “Our SG Sports™ platform is an enhanced, omni-channel solution for online, self-service and retail fixed odds sports betting – from soccer to tennis, basketball, football, baseball, hockey, motor sports, racing and more.” https://www.scientificgames.com/ https://www.microgaming.co.uk/ “This latter segment has become increasingly enticing for Playboy, and it said last week that it is considering new tie-ups that could include gaming operators like PointsBet and 888Holdings.” https://calvinayre.com/2020/10/05/business/playboys-gaming-ops-could-get-a-boost-from-spac-purchase/ As per their SEC filing: “Significant consumer engagement and spend with Playboy-branded gaming properties around the world, including with leading partners such as Microgaming, Scientific Games, and Caesar’s Entertainment, steers our investment in digital gaming, sports betting and other digital offerings to further support our commercial strategy to expand consumer spend with minimal marginal cost, and gain consumer data to inform go-to-market plans across categories.” https://www.sec.gov/Archives/edgadata/1803914/000110465921005986/tm2034213-12_defm14a.htm#tMDAA1 They are expanding into more areas of gaming/gambling, working with international players in the digital gaming/gambling arena, and a Playboy sportsbook is on the horizon. https://www.playboy.com/read/the-pleasure-of-playing-with-yourself-mobile-gaming-in-the-covid-era Cannabis - If you’ve ever read through a Playboy magazine, you know they’ve had a positive relationship with cannabis for many years. As of September 2020, Playboy has made a major shift into the cannabis space. Too good to be true you say? Check their website. Playboy currently sells a range of CBD products. This is a good sign. Federal hemp products, which these most likely are, can be mailed across state lines and most importantly for a company like Playboy, can operate through a traditional banking institution. CBD products are usually the first step towards the cannabis space for large companies. Playboy didn’t make these products themselves meaning they are working with a processor in the cannabis industry. Another good sign for future expansion. What else do they have for sale? Pipes, grinders, ashtrays, rolling trays, joint holders. Hmm. Ok. So it looks like they want to sell some shit. They probably don’t have an active interest in cannabis right? Think again: https://www.forbes.com/sites/javierhasse/2020/09/24/playboy-gets-serious-about-cannabis-law-reform-advocacy-with-new-partnership-grants/?sh=62f044a65cea “Taking yet another step into the cannabis space, Playboy will be announcing later on Thursday (September, 2020) that it is launching a cannabis law reform and advocacy campaign in partnership with National Organization for the Reform of Marijuana Laws (NORML), Last Prisoner Project, Marijuana Policy Project, the Veterans Cannabis Project, and the Eaze Momentum Program.” “According to information procured exclusively, the three-pronged campaign will focus on calling for federal legalization. The program also includes the creation of a mentorship plan, through which the Playboy Foundation will support entrepreneurs from groups that are underrepresented in the industry.” Remember that CEO Kohn from earlier? He wrote this recently: https://medium.com/naked-open-letters-from-playboy/congress-must-pass-the-more-act-c867c35239ae Seems like he really wants weed to be legal? Hmm wonder why? The writing's on the wall my friends. Playboy wants into the cannabis industry, they are making steps towards this end, and we have favorable conditions for legislative progress. Don’t think branding your own cannabis line is profitable or worthwhile? Tell me why these 41 celebrity millionaires and billionaires are dummies. I’ll wait. https://www.celebstoner.com/news/celebstoner-news/2019/07/12/top-celebrity-cannabis-brands/ Confirmation: I hear you. “This all seems pretty speculative. It would be wildly profitable if they pull this shift off. But how do we really know?” Watch this whole video: https://finance.yahoo.com/video/playboy-ceo-telling-story-female-154907068.html Man - this interview just gets my juices flowing. And highlights one of my favorite reasons for this play. They have so many different business avenues from which a catalyst could appear. I think paying attention, holding shares, and options on these staggered announcements over the next year is the way I am going to go about it. "There's definitely been a shift to direct-to-consumer," he (Kohn) said. "About 50 percent of our revenue today is direct-to-consumer, and that will continue to grow going forward.” “Kohn touted Playboy's portfolio of both digital and consumer products, with casino-style gaming, in particular, serving a crucial role under the company's new business model. Playboy also has its sights on the emerging cannabis market, from CBD products to marijuana products geared toward sexual health and pleasure.” "If THC does become legal in the United States, we have developed certain strains to enhance your sex life that we will launch," Kohn said. https://cheddar.com/media/playboy-goes-public-health-gaming-lifestyle-focus Oh? The CEO actually said it? Ok then. “We have developed certain strains…” They’re already working with growers on strains and genetics? Ok. There are several legal cannabis markets for those products right now, international and stateside. I expect Playboy licensed hemp and THC pre-rolls by EOY. Something like this: https://www.etsy.com/listing/842996758/10-playboy-pre-roll-tubes-limited?ga_order=most_relevant&ga_search_type=all&ga_view_type=gallery&ga_search_query=pre+roll+playboy&ref=sr_gallery-1-2&organic_search_click=1 Maintaining cannabis operations can be costly and a regulatory headache. Playboy’s licensing strategy allows them to pick successful, established partners and sidestep traditional barriers to entry. You know what I like about these new markets? They’re expanding. Worldwide. And they are going to be a bigger deal than they already are with or without Playboy. Who thinks weed and gambling are going away? Too many people like that stuff. These are easy markets. And Playboy is early enough to carve out their spot in each. Fuck it, read this too: https://www.forbes.com/sites/jimosman/2020/10/20/playboy-could-be-the-king-of-spacs-here-are-three-picks/?sh=2e13dcaa3e05 Numbers: You want numbers? I got numbers. As per the company’s most recent SEC filing: “For the year ended December 31, 2019, and the nine months ended September 30, 2020, Playboy’s historical consolidated revenue was $78.1 million and $101.3 million, respectively, historical consolidated net income (loss) was $(23.6) million and $(4.8) million, respectively, and Adjusted EBITDA was $13.1 million and $21.8 million, respectively.” “In the nine months ended September 30, 2020, Playboy’s Licensing segment contributed $44.2 million in revenue and $31.1 million in net income.” “In the ninth months ended September 30, 2020, Playboy’s Direct-to-Consumer segment contributed $40.2 million in revenue and net income of $0.1 million.” “In the nine months ended September 30, 2020, Playboy’s Digital Subscriptions and Content segment contributed $15.4 million in revenue and net income of $7.4 million.” They are profitable across all three of their current business segments. “Playboy’s return to the public markets presents a transformed, streamlined and high-growth business. The Company has over $400 million in cash flows contracted through 2029, sexual wellness products available for sale online and in over 10,000 major retail stores in the US, and a growing variety of clothing and branded lifestyle and digital gaming products.” https://www.sec.gov/Archives/edgadata/1803914/000110465921005986/tm2034213-12_defm14a.htm#tSHCF Growth: Playboy has massive growth in China and massive growth potential in India. “In China, where Playboy has spent more than 25 years building its business, our licensees have an enormous footprint of nearly 2,500 brick and mortar stores and 1,000 ecommerce stores selling high quality, Playboy-branded men’s casual wear, shoes/footwear, sleepwear, swimwear, formal suits, leather & non-leather goods, sweaters, active wear, and accessories. We have achieved significant growth in China licensing revenues over the past several years in partnership with strong licensees and high-quality manufacturers, and we are planning for increased growth through updates to our men’s fashion lines and expansion into adjacent categories in men’s skincare and grooming, sexual wellness, and women’s fashion, a category where recent launches have been well received.” The men’s market in China is about the same size as the entire population of the United States and European Union combined. Playboy is a leading brand in this market. They are expanding into the women’s market too. Did you know CBD toothpaste is huge in China? China loves CBD products and has hemp fields that dwarf those in the US. If Playboy expands their CBD line China it will be huge. Did you know the gambling money in Macau absolutely puts Las Vegas to shame? Technically, it's illegal on the mainland, but in reality, there is a lot of gambling going on in China. https://www.forbes.com/sites/javierhasse/2020/10/19/magic-johnson-and-uncle-buds-cbd-brand-enter-china-via-tmall-partnership/?sh=271776ca411e “In India, Playboy today has a presence through select apparel licensees and hospitality establishments. Consumer research suggests significant growth opportunities in the territory with Playboy’s brand and categories of focus.” “Playboy Enterprises has announced the expansion of its global consumer products business into India as part of a partnership with Jay Jay Iconic Brands, a leading fashion and lifestyle Company in India.” “The Indian market today is dominated by consumers under the age of 35, who represent more than 65 percent of the country’s total population and are driving India’s significant online shopping growth. The Playboy brand’s core values of playfulness and exploration resonate strongly with the expressed desires of today’s younger millennial consumers. For us, Playboy was the perfect fit.” “The Playboy international portfolio has been flourishing for more than 25 years in several South Asian markets such as China and Japan. In particular, it has strategically targeted the millennial and gen-Z audiences across categories such as apparel, footwear, home textiles, eyewear and watches.” https://www.licenseglobal.com/industry-news/playboy-expands-global-footprint-india It looks like they gave COVID the heisman in terms of net damage sustained: “Although Playboy has not suffered any material adverse consequences to date from the COVID-19 pandemic, the business has been impacted both negatively and positively. The remote working and stay-at-home orders resulted in the closure of the London Playboy Club and retail stores of Playboy’s licensees, decreasing licensing revenues in the second quarter, as well as causing supply chain disruption and less efficient product development thereby slowing the launch of new products. However, these negative impacts were offset by an increase in Yandy’s direct-to-consumer sales, which have benefited in part from overall increases in online retail sales so far during the pandemic.” Looks like the positives are long term (Yandy acquisition) and the negatives are temporary (stay-at-home orders). https://www.sec.gov/Archives/edgadata/1803914/000110465921006093/tm213766-1_defa14a.htm This speaks to their ability to maintain a financially solvent company throughout the transition phase to the aforementioned areas. They’d say some fancy shit like “expanded business model to encompass four key revenue streams: Sexual Wellness, Style & Apparel, Gaming & Lifestyle, and Beauty & Grooming.” I hear “we’re just biding our time with these trinkets until those dollar dollar bill y’all markets are fully up and running.” But the truth is these existing revenue streams are profitable, scalable, and rapidly expanding Playboy’s e-commerce segment around the world. "Even in the face of COVID this year, we've been able to grow EBITDA over 100 percent and revenue over 68 percent, and I expect that to accelerate going into 2021," he said. “Playboy is accelerating its growth in company-owned and branded consumer products in attractive and expanding markets in which it has a proven history of brand affinity and consumer spend.” Also in the SEC filing, the Time Frame: “As we detailed in the definitive proxy statement, the SPAC stockholder meeting to vote on the transaction has been set for February 9th, and, subject to stockholder approval and satisfaction of the other closing conditions, we expect to complete the merger and begin trading on NASDAQ under ticker PLBY shortly thereafter,” concluded Kohn. The Players: Suhail “The Whale” Rizvi (HMFIC), Ben “The Bridge” Kohn (CEO), “lil” Suying Liu & “Big” Dong Liu (Young-gun China gang). I encourage you to look these folks up. The real OG here is Suhail Rizvi. He’s from India originally and Chairman of the Board for the new PLBY company. He was an early investor in Twitter, Square, Facebook and others. His firm, Rizvi Traverse, currently invests in Instacart, Pinterest, Snapchat, Playboy, and SpaceX. Maybe you’ve heard of them. “Rizvi, who owns a sprawling three-home compound in Greenwich, Connecticut, and a 1.65-acre estate in Palm Beach, Florida, near Bill Gates and Michael Bloomberg, moved to Iowa Falls when he was five. His father was a professor of psychology at Iowa. Along with his older brother Ashraf, a hedge fund manager, Rizvi graduated from Wharton business school.” “Suhail Rizvi: the 47-year-old 'unsocial' social media baron: When Twitter goes public in the coming weeks (2013), one of the biggest winners will be a 47-year-old financier who guards his secrecy so zealously that he employs a person to take down his Wikipedia entry and scrub his photos from the internet. In IPO, Twitter seeks to be 'anti-FB'” “Prince Alwaleed bin Talal of Saudi Arabia looks like a big Twitter winner. So do the moneyed clients of Jamie Dimon. But as you’ve-got-to-be-joking wealth washed over Twitter on Thursday — a company that didn’t exist eight years ago was worth $31.7 billion after its first day on the stock market — the non-boldface name of the moment is Suhail R. Rizvi. Mr. Rizvi, 47, runs a private investment company that is the largest outside investor in Twitter with a 15.6 percent stake worth $3.8 billion at the end of trading on Thursday (November, 2013). Using a web of connections in the tech industry and in finance, as well as a hearty dose of good timing, he brought many prominent names in at the ground floor, including the Saudi prince and some of JPMorgan’s wealthiest clients.” https://www.nytimes.com/2013/11/08/technology/at-twitter-working-behind-the-scenes-toward-a-billion-dollar-payday.html Y’all like that Arab money? How about a dude that can call up Saudi Princes and convince them to spend? Funniest shit about I read about him: “Rizvi was able to buy only $100 million in Facebook shortly before its IPO, thus limiting his returns, according to people with knowledge of the matter.” Poor guy :( He should be fine with the 16 million PLBY shares he's going to have though :) Shuhail also has experience in the entertainment industry. He’s invested in companies like SESAC, ICM, and Summit Entertainment. He’s got Hollywood connections to blast this stuff post-merger. And he’s at least partially responsible for that whole Twilight thing. I’m team Edward btw. I really like what Suhail has done so far. He’s lurked in the shadows while Kohn is consolidating the company, trimming the fat, making Playboy profitable, and aiming the ship at modern growing markets. https://www.reuters.com/article/us-twitter-ipo-rizvi-insight/insight-little-known-hollywood-investor-poised-to-score-with-twitter-ipo-idUSBRE9920VW20131003 Ben “The Bridge” Kohn is an interesting guy. He’s the connection between Rizvi Traverse and Playboy. He’s both CEO of Playboy and was previously Managing Partner at Rizvi Traverse. Ben seems to be the voice of the Playboy-Rizvi partnership, which makes sense with Suhail’s privacy concerns. Kohn said this: “Today is a very big day for all of us at Playboy and for all our partners globally. I stepped into the CEO role at Playboy in 2017 because I saw the biggest opportunity of my career. Playboy is a brand and platform that could not be replicated today. It has massive global reach, with more than $3B of global consumer spend and products sold in over 180 countries. Our mission – to create a culture where all people can pursue pleasure – is rooted in our 67-year history and creates a clear focus for our business and role we play in people’s lives, providing them with the products, services and experiences that create a lifestyle of pleasure. We are taking this step into the public markets because the committed capital will enable us to accelerate our product development and go-to-market strategies and to more rapidly build our direct to consumer capabilities,” said Ben Kohn, CEO of Playboy. “Playboy today is a highly profitable commerce business with a total addressable market projected in the trillions of dollars,” Mr. Kohn continued, “We are actively selling into the Sexual Wellness consumer category, projected to be approximately $400 billion in size by 2024, where our recently launched intimacy products have rolled out to more than 10,000 stores at major US retailers in the United States. Combined with our owned & operated ecommerce Sexual Wellness initiatives, the category will contribute more than 40% of our revenue this year. In our Apparel and Beauty categories, our collaborations with high-end fashion brands including Missguided and PacSun are projected to achieve over $50M in retail sales across the US and UK this year, our leading men’s apparel lines in China expanded to nearly 2500 brick and mortar stores and almost 1000 digital stores, and our new men’s and women’s fragrance line recently launched in Europe. In Gaming, our casino-style digital gaming products with Scientific Games and Microgaming continue to see significant global growth. Our product strategy is informed by years of consumer data as we actively expand from a purely licensing model into owning and operating key high-growth product lines focused on driving profitability and consumer lifetime value. We are thrilled about the future of Playboy. Our foundation has been set to drive further growth and margin, and with the committed capital from this transaction and our more than $180M in NOLs, we will take advantage of the opportunity in front of us, building to our goal of $100M of adjusted EBITDA in 2025.” https://www.businesswire.com/news/home/20201001005404/en/Playboy-to-Become-a-Public-Company Also, according to their Form 4s, “Big” Dong Liu and “lil” Suying Liu just loaded up with shares last week. These guys are brothers and seem like the Chinese market connection. They are only 32 & 35 years old. I don’t even know what that means, but it's provocative. https://www.secform4.com/insider-trading/1832415.htm https://finance.yahoo.com/news/mountain-crest-acquisition-corp-ii-002600994.html Y’all like that China money? “Mr. Liu has been the Chief Financial Officer of Dongguan Zhishang Photoelectric Technology Co., Ltd., a regional designer, manufacturer and distributor of LED lights serving commercial customers throughout Southern China since November 2016, at which time he led a syndicate of investments into the firm. Mr. Liu has since overseen the financials of Dongguan Zhishang as well as provided strategic guidance to its board of directors, advising on operational efficiency and cash flow performance. From March 2010 to October 2016, Mr. Liu was the Head of Finance at Feidiao Electrical Group Co., Ltd., a leading Chinese manufacturer of electrical outlets headquartered in Shanghai and with businesses in the greater China region as well as Europe.” Dr. Suying Liu, Chairman and Chief Executive Officer of Mountain Crest Acquisition Corp., commented, “Playboy is a unique and compelling investment opportunity, with one of the world’s largest and most recognized brands, its proven consumer affinity and spend, and its enormous future growth potential in its four product segments and new and existing geographic regions. I am thrilled to be partnering with Ben and his exceptional team to bring his vision to fruition.” https://www.businesswire.com/news/home/20201001005404/en/Playboy-to-Become-a-Public-Company These guys are good. They have a proven track record of success across multiple industries. Connections and money run deep with all of these guys. I don’t think they’re in the game to lose. I was going to write a couple more paragraphs about why you should have a look at this but really the best thing you can do is read this SEC filing from a couple days ago. It explains the situation in far better detail. Specifically, look to page 137 and read through their strategy. Also, look at their ownership percentages and compensation plans including the stock options and their prices. The financials look great, revenue is up 90% Q3, and it looks like a bright future. https://www.sec.gov/Archives/edgadata/1803914/000110465921005986/tm2034213-12_defm14a.htm#tSHCF I’m hesitant to attach this because his position seems short term, but I’m going to with a warning because he does hit on some good points (two are below his link) and he’s got a sizable position in this thing (500k+ on margin, I think). I don’t know this guy but he did look at the same publicly available info and make roughly the same prediction, albeit without the in depth gambling or cannabis mention. You can also search reddit for ‘MCAC’ and very few relevant results come up and none of them even come close to really looking at this thing. https://docs.google.com/document/d/1gOvAd6lebs452hFlWWbxVjQ3VMsjGBkbJeXRwDwIJfM/edit?usp=sharing “Also, before you people start making claims that Playboy is a “boomer” company, STOP RIGHT THERE. This is not a good argument. Simply put. The only thing that matters is Playboy’s name recognition, not their archaic business model which doesn’t even exist anymore as they have completely repurposed their business.” “Imagine not buying $MCAC at a 400M valuation lol. Streetwear department is worth 1B alone imo.” Considering the ridiculous Chinese growth as a lifestyle brand, he’s not wrong. Current Cultural Significance and Meme Value: A year ago I wouldn’t have included this section but the events from the last several weeks (even going back to tsla) have proven that a company’s ability to meme and/or gain social network popularity can have an effect. Tik-tok, Snapchat, Twitch, Reddit, Youtube, Facebook, Twitter. They all have Playboy stuff on them. Kids in middle and highschool know what Playboy is but will likely never see or touch one of the magazines in person. They’ll have a Playboy hoodie though. Crazy huh? A lot like GME, PLBY would hugely benefit from meme-value stock interest to drive engagement towards their new business model while also building strategic coffers. This interest may not directly and/or significantly move the stock price but can generate significant interest from larger players who will. Bull Case: The year is 2025. Playboy is now the world leader pleasure brand. They began by offering Playboy licensed gaming products, including gambling products, direct to consumers through existing names. By 2022, demand has skyrocketed and Playboy has designed and released their own gambling platforms. In 2025, they are also a leading cannabis brand in the United States and Canada with proprietary strains and products geared towards sexual wellness. Cannabis was legalized in the US in 2023 when President Biden got glaucoma but had success with cannabis treatment. He personally pushes for cannabis legalization as he steps out of office after his first term. Playboy has also grown their brand in China and India to multi-billion per year markets. The stock goes up from 11ish to 100ish and everyone makes big gains buying somewhere along the way. Bear Case: The United States does a complete 180 on marijuana and gambling. President Biden overdoses on marijuana in the Lincoln bedroom when his FDs go tits up and he loses a ton of money in his sports book app after the Fighting Blue Hens narrowly lose the National Championship to Bama. Playboy is unable to expand their cannabis and gambling brands but still does well with their worldwide lifestyle brand. They gain and lose some interest in China and India but the markets are too large to ignore them completely. The stock goes up from 11ish to 13ish and everyone makes 15-20% gains. TL;DR: Successful technology/e-commerce investment firm took over Playboy to turn it into a porn, online gambling/gaming, sports book, cannabis company, worldwide lifestyle brand that promotes sexual wellness, vetern access, women-ownership, minority-ownership, and “pleasure for all”. Does a successful online team reinventing an antiquated physical copy giant sound familiar? No options yet, shares only for now. $11.38 per share at time of writing. My guess? $20 by the end of February. $50 by EOY. This is not financial advice. I am not qualified to give financial advice. I’m just sayin’ I would personally use a Playboy sports book app while smoking a Playboy strain specific joint and it would be cool if they did that. Do your own research. You’d probably want to start here: WARNING - POTENTIALLY NSFW - SEXY MODELS AHEAD - no actual nudity though https://s26.q4cdn.com/895475556/files/doc_presentations/Playboy-Craig-Hallum-Conference-Investor-Presentation-11_17_20-compressed.pdf Or here: https://www.mcacquisition.com/investor-relations/default.aspx Jimmy Chill: “Get into any SPAC at $10 or $11 and you are going to make money.” STL;DR: Buy MCAC. MCAC > PLBY couple weeks. Rocketship. Moon. Position: 5000 shares. I will buy short, medium, and long-dated calls once available.
Hey guys, it’s Coooolin! It’s Throwback Thursday, and 2 more days til the weekend!! How was everyone’s day!? Gooodd ? Baadd? Let me know, dooown beloow !! Here’s the new cards today, thanks as always EA!
Silver Master Icons
MARTIN ST. LOUIS - 91 OVR - TBL / RW - BAR2 , WH2 Billy Smith - 91 OVR - NYI / G - 5’10” / 185 lbs - SWA2 , DIS2 *Brendan Shanahan - 91 OVR - DET / LW - H and S2 , SH2
Sets
All these guys to upgrade to their 91 OVR cost their specific 86 OVR card , plus 9 Icon Collectables. 9 ICONS TO UPGRADE - short said . —-
Primetimes
NHL
(Flooded with a team that beat the sens... lets not talk about that game..) Will Update wanting to pump this out with Silver Master Icons Elias Petterson - 89 OVR - VAN / C - GLA1 , PP1 Matt Duchene - 87 OVR - NAS / C - LTL1 , MAG1 Thatcher Demko - 86 OVR - VAN / G - 6’4” / 192 lbs - SPA1 , BAL1 JIMMY Howard - 85 OVR - DET / G - 6’1” / 218 lbs - SWA1 , DIS1 Nick Cousins - 82 OVR - NAS / C - SPE1 , WH1 Jordie Benn - 81 OVR - VAN / LD - SH1 , PP1 Jay Beagle - 81 OVR - VAN / C - LTL1 , GLA1 Kevin Lankinen - 80 OVR - CHI / G - 6’2” / 185 lbs - BAR1 , SWA1 Tyler Motte - 80 OVR - VAN / C - SPA1 , WM1 Jarred Tindroi - 77 OVR - NAS / LD - DIS1 , WH1
Quantity - 1,736 Double PT PACK - 37.5k C / 750 P 13 items, at least 5 Players with 2 guaranteed Primetime Players. — From previous day — 23H / 40M • Jumbo Premium Players Pack - 45k C / 900 P 20 items , all Gold Players, at least 5 80+ OVR Players • Mega Pack - 37.5k C / 750 P 30 items, at least 15 Gold Players, and 4 80+ OVR Players • Jumbo Premium Pack - 15k C / 300 P 20 items, at least 9 Players with at least 4 Gold Players
P.S.
• Squad Battles Rewards • New Season of HUT RUSH — 3M POINTS FOR FREE ICON COLLECT
Quick Read Best Forward of the Day - PT - is ELLLIIAAASS PETEERSSONN OVR 89 with the syn GLAAADDIIATOORR and PASSSINN PLAYYMAKERRR Best Defence of the Day - PT - is JOORRDIIEE BEENNNNN OVR *81 with the syn SHUUTT DOWNN and PASSSINN PLAYYMAKERRR • Squad Battles Rewards!! • New Season of HUT RUSH! ———— —— ———
Important Notice
Today is Bell Let’s Talk Day. Today is a day where Mental Health is in full action and everyone talks about it. You can help Bell Lets Talk Day gain money for Mental Health by; tweeeting #BellLetsTalk , Snapping friends with the Bell Lets Talk Day filter, sharing / liking / commenting their post on Facebook...and many other ways, as well as the obvious - simply donating. Mental Health is HUGE especially with everything going on in the world. Please know you are loved, cared for, and that your someones reason to smile, and wake up. You are a blessing to this world, put here for a reason. You are so strong, capable of anything you put your mind to. I know I am just some stranger on the Internet that does these “Daily Posts” but I am here for anyone in need of just talking about their problems, venting away, or just someone to talk to. Bell Let’s Talk Day is one of my favourite / least favourite days because I personally love talking about Mental Health.... but I personally believe that it should be a week, or a month.. or just seriously for more people to talk about it on a daily basis. Let’s end this stigma around Mental Health. You can make a huge difference to someone’s life. Simply just be nice to one another, smile, and just say “I appreciate you” or some nice positive thing like that. You recieve what you give away... karma goes a long, long ways. I hope your 2021 and years to come are full of love, happiness, kindness, laughs, blessings, and success. You deserve what you give to people. So if you give hate —- I’m sorry, but you’ll recieve that.. Love you all, I’m very appreciated of everyone who likes these posts, and strives me to keep posting. Its so much fun!! My PM / Chat is open to anyone !! Don’t be afraid . We’re all in this together!!! ——
Interested in Stocks?
EA’s Stock Price, after hours - Jan 28 $ 143.01 (usd) —- Currency Converter we looked at the stock at $137.54 usd —— That is a difference of ( $5.47 / 3.98% ) — Disclaimer - I am not a financial advisor. It is your money, please do your own due diligence. I am not responsible for your money. This is *not** advice. I added this section for an added educational purposes only. YOUR CAPITAL IS AT RISK. Happy Investing.* —— —— —— —-
NEED A SOUNDTRACK TO LISTEN TO?
I made this for everyone. I’ll update it whenever I feel like it, but its been often!
TONS OF PEOPLE SEEM TO LOVE THE PLAYLIST!! How are you not listening to it already!? Comment songs to add, and please give feedback! It’s much appreciated!! I currently have “Skin” by “Sabrina Carpenter” stuck in my head.... which you can play, recently added to the playlist! Sidenote - How do you guys like the playlist!? I have a friend who makes music...and I really want to surprise him with some new people listening to his music... if you wanna help me, please click Here!! it would mean a lot to me!! ———-
Sites To Bookmark!
If you click here you will be redirected to bilasport. Bilasport is the best Online Streaming site for your entertainment needs for all sports! (Not affiliated) A great streaming source recommended by NHLStreams is SurgeSport. Click on Hockey and you’ll be good to go! Want to make your dream team, and show others what you’ve been working on, and much more? I will redirect you HERE!. Here’s a helpful pack guide for you! Click! Want to know how the market is holding up? With a simple TAP! you will be on the newly fresh made website for the HUT market, made by one of the guys on the sub! .... what do the stats on a card mean? Is my card I want / pulled good? Click here to find out!! When is my favourite team playing? When do they play!? Here you can click on this link, and tap on your favourite team. From there, tap “Schedule” . You can add this to your homescreen on iPhone by clicking the square with the upwards arrow, scrolling down, and tapping “Add to Home Screen” ——- —— —— —— —— —— —— —— —- —— —-
Fighting a Gambling Addiction?
Don’t feel scared to click here. Winning is SO much louder than losing. Know that you are NEVER alone. We are all here for eachother, and it is never too late to get help. I am here for you. This is a VERY important thread, especially if you are new to HUT. Here!
Story Time!!!
“Happiness” - By Anonymous Person Then I stopped to think, if helping a little kitten could make me smile, maybe doing something for people could make me happy. So the next day I baked some biscuits and took them to a neighbour who was sick in bed. Every day I try and do something nice for someone. It made me so happy to see them happy. Today, I don’t know of anybody who sleeps and eats better than I do. I’ve found happiness by giving it to others. When she heard that, the rich lady cried. She had everything money could buy, but she had lost the things money cannot buy. The beauty of life does not depend on how happy you are; but on how happy others can be because of you. Happiness is not a destination, its a journey. Happiness is not tomorrow, it is now. Happiness is not dependancy, it is a decision. Happiness is what you are, not what you have! P.S. - Hope you have a happy fun filled day ——- 28 / 365 —— —— —— —- —- ——- —- —— —— Thanks for reading. I’m always welcome to feedback, please let me know what I can improve on. If there’s anything missing, please let me know! Take care, happy gaming! TODAY IS BELL LETS TALK DAY!! • Coolin Killin It (Life is like a puzzle, you just have to find the right piece.)
Top Canadian Casinos and Gambling Sites for February 2021 We are here to help you enjoy playing at the best online casinos in Canada. To find these, our experts check out the advantages for 10 Best Online Gambling Sites Compared Play Online Real money casinos & poker sites to gamble online (2020). Mobile compatible casinos. Pennsylvania online gambling has reached biggest success within public, promoting numerous events and games. It is 100% legal and secure. If Vegas is mecca for rich people, spending thousands on hotel, planes and restaurants, we can call PA online gambling is a starting point for everyone. No matter how luxurious your clothes are, no matter in what town you live and how you look, there's a Gambling Options Does the gambling site offer a wide variety of betting options? Variety is crucial in gambling as experienced patrons know how important strategy is. A person’s strategic approach is often very much based off a spread of options, so the best online gambling sites take this into account. Legit businesses will often have numerous options and will actively find ways to add more r/gambling: All about Gambling. Press J to jump to the feed. Press question mark to learn the rest of the keyboard shortcuts. Log In Sign Up. User account menu /r/Gambling r/ gambling. Join . Hot. Hot New Top Rising. Hot New Top. Rising. card. card classic compact. 13. pinned by moderators. Posted by 1 month ago. Monthly Gambling Discussion – Tell us about your latest gambling experiences Illegal gambling in Canada consists of activities like running a betting company without a license or cheating at any game of chance in an attempt to defraud another party. These are serious offenses where the federal government is concerned. You can go to prison for up to 5 years for violating some of these, but most offenses aren’t so strict. Most gambling offenses carry a maximum term of Gambling in Canada is something of a grey area when it comes to the legality and that’s no surprise really, considering the different opinions around the world when it comes to legal gambling. Are There Really Such Things As Legal Canadian Online Casinos? Despite there being a lot of grey areas when it comes to gambling in Canada, legal Canadian online Casinos do exist. There are technically The online gambling market in Canada is $1 billion annually; the global market is about $60 billion and growing every year. Share this article in your social network Share this Story: Canadian Gambling Reddit users upended the stock market -- and made millions overnight 1 day ago CDC issues sweeping mask mandate for planes, public transportation in U.S. When it comes to online gambling, Canada has its fair share of big jackpot winners. We contacted some of the casinos for details of actual mega prizes and payouts. These players beat the odds and dealers in real life: Name Winnings Date Game Casino. Sandi E C$11,773 Today Lucky Leprechaun . Gerald L C$4,653 Today Good to Go. Tiwana O C$5,909 Today Reel Thunder. Zara W C$4,189 Today Mardi Gras
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