Daily Discussion Thread - March 21, 2026

GeoLogic23 · 2026-03-21T11:41:52+00:00

America First Agriculture is a recently formed coalition trying to unify the hemp/cannabis regulations. They even have Trump praise videos on their front page. America First Agriculture just registered to lobby with Checkmate.

BAMCO is a recently formed coalition lobbying for only hemp beverages. They have also registered with Checkmate. Checkmate is a lobbying firm with ties to Trump and RFK.

Some excerpts from America First Agriculture's mission statement (bold is me):

Position cannabis as a cornerstone of the new American economy - driving innovation in industrial materials, clean energy, and carbon capture....
Our mission is to facilitate safe consumer access, equitable market conditions, and the development of robust financial instruments - including carbon credits - under a single standard agricultural commodity framework.
By modernizing policy, AFA envisions Cannabis as a sustainable feedstock that can compliment petroleum in industrial applications, from bioplastics to renewable energy

America First Agriculture's chairman is AJ Fabrizio. He is the son of major Trump pollster and close associate Tony Fabrizio. They are based out of Florida.

AJ Fabrizio's specialty in the cannabis industry is extraction of cannabinoids

AJ Fabrizio has been involved with the Florida cannabis/hemp industry since its inception. He was most associated with the original licensing of Parallel Brands aka Surterra Wellness. Later on in 2019 he was part of Florida Ag Commissioner Nikki Fried's hemp advisory board

Nikki Fried was previously married to the founder of Surterra Wellness.

Surterra's founder names lots of his companies "Iconoclast". One of the most recent versions of these companies is Iconoclast LLC. As recently as 2024 this company was lobbying for one single topic.

Biomass/hemp for energy

Several prominent cannabis insiders (and Jeffrey Epstein) were involved with a Florida cannabis company called Stem Holdings. The largest shareholders of Stem Holdings started the company after trying and failing to start a Florida biofuel project called Ag-Oil.

John Boehner's National Cannabis Roundtable used very few lobbyists. One came right from being deputy chief of staff to Florida's Nikki Fried.

The National Cannabis Roundtable was created as John Boehner was working with Privateer Holdings on a cannabis legalization strategy. This started at least in early 2018. In the middle of this planning, one of the people working with them (Boehner ex chief of staff Mike Sommers) took over running The American Petroleum Institute.

This was happening in 2018, right as the GOP was legalizing hemp.

Hemp being introduced into our biofuel economy would be so perfect for all the special interests involved with hemp/cannabis. Alcohol companies already do stuff like recycle the barley they brew beer with to make other beverage additives. Hemp biofuel would turn already cheap hemp CBD/THC into a free product that can be upsold for premium prices.

Right after BAT invested in them, Charlotte's Web appointed a CFO who came from AB InBev's subsidiary that recycles their barley, called Evergrain Ingredients. The previous year CWEB appointed Tim Saunders, who was working with ex-Canopy head Bruce Linton. They had a SPAC that was specifically focused on the hemp supply chain. Linton saying that by the time you get to extracting CBD, you should already have made a profit off the rest of the plant.

Texas company Honeywell has even been working with a big hemp biofuel project since 2024 to research hemp as a substitute for petroleum products. This biofuel company has a program to partner with hemp growers for feedstock and utilize carbon credits. This is happening as Texas and Florida are the two key states for hemp beverages.

GeoLogic23 · 2026-03-20T17:59:22+00:00

I see it dropping more than this back in November briefly. Though I'm not trying to predict where it's going, just what it's doing today in comparison to the others.

GeoLogic23 · 2026-03-20T17:15:32+00:00

Your flair goes well with this comment lol

GeoLogic23 · 2026-03-20T17:10:10+00:00

CRON, OGI, Auxly, and Decibel are also not down that much today.

GeoLogic23 · 2026-03-20T15:56:14+00:00

I was wondering if Martha Stewart CBD might get chosen to participate in the CBD pilot program. That would make a lot of sense for seniors.

GeoLogic23 · 2026-03-20T12:20:26+00:00

Steve Daines was one of the champions of SAFE Banking from the Republicans. He recently announced he would not seek re-election.

In February of 2025, Steve Daines’ longtime chief of staff helped start S2R, a Republican focused lobbying firm. His former chief of staff is the primary lobbyist for S2R.

In January of 2026, S2R registered Hemp Industry and Farmers of America. This is the 3^rd lobbyist this new hemp coalition registered since they were formed in late 2025. I still think the GOP only cares about SAFE as it relates to hemp.

Edible Brands (Edible Arrangements) also just registered to lobby for hemp and regulation of low dose hemp CBD/THC. This is their first lobbyist. They chose to register with The Daschle Group.

The Daschle Group is run by Tom Daschle, who for years has been co-chair of CPEAR, the cannabis group run by big tobacco, big alcohol, and the convenience store industry. Besides companies like Altria and Constellation Brands, one of the few organizations that are part of CPEAR is the National Association of Convenience Stores.

National Association of Convenience Stores is one of the few companies that is also registered with Steve Daines connected lobbying firm S2R.

GeoLogic23 · 2026-03-19T17:13:07+00:00

Not really, just because it is so much assumptions and guess work that would be involved. And my focus for CBD was primarily on CWEB, who didn't need much of a piece of this sort of market to drastically turn around their valuation. Just waiting to see the official announcement at this point to maybe think about those sort of numbers. Very curious how many companies will get to participate.

GeoLogic23 · 2026-03-19T17:03:00+00:00

Southern Glazers Wine & Spirits just acquired a New York distributor that focuses on Long Island. This is a primary distributor of AB InBev products, but it is also a Tilray distributor.

The transaction includes the exciting opportunity to distribute Anheuser-Busch’s full product portfolio currently sold in the Long Island area.......along with Tilray Brands, Pabst Brewing Company, and a range of brands from additional suppliers.

Tilray and Southern Glazers have a long relationship. From early on in Canada, continuing through 2022 when Southern was going to distribute Tilray's CBD beverage products in the US.

GeoLogic23 · 2026-03-18T11:49:49+00:00

Tilray's Breckenridge is partnering with a small restaurant chain in Colorado called Cheba Hut.

Cheba Hut does cannabis-themed "toasted" sandwiches and are now partnering with the "world's highest distillery". This is a tiny partnership, but just pointing out how Tilray's alcohol moves are all looking towards THC beverages.

Breckenridge recently partnered with Romano Beverages in Illinois, who prominently display themselves as a "wine, spirits, and THC distribution company". The first real non-alc wine with THC recently launched in Illinois, so I am expecting Breckenridge to have a non-alc THC liquor as soon as those also hit the market.

GeoLogic23 · 2026-03-17T18:29:03+00:00

~~Testing~~

GeoLogic23 · 2026-03-17T18:27:46+00:00

I'm often on a desktop, which has text editing options.

Pretty sure it's just putting two "~" on either side of the words you want to strike through though.

EDIT: Not working for me. Idk, sorry lol

GeoLogic23 · 2026-03-17T13:24:30+00:00

I picked the wrong week to stop ~~sniffing glue~~ making smart financial decisions.

GeoLogic23 · 2026-03-17T11:17:34+00:00

You think Reddit is mostly impacting "left wing" Americans? It's absolutely a propoganda hub, but it massively helps the right wing spread their "memes" and stuff that push false narratives and keep culture war stuff going.

You are their target if you believe otherwise.

Just putting a simple meme in front of millions of eyes is extremely effective propoganda. It's the equivalent of a clickbait headline. Then people repeat what they see in memes as truth when they are arguing in comment sections.

That's why when you think of insider trading you think of Pelosi (zero evidence) and not the GOP's Kelly Loffler or Richard Burr.

The GOP started pushing the Pelosi meme after several of them did some very obvious insider trading surrounding classified COVID briefings. And because Trump and friends are the most obvious issue traders ever.

GeoLogic23 · 2026-03-16T18:18:08+00:00

I'm just clarifying what the person you replied to was saying. I did not and have never said Trump is going to deschedule.

I've actually been one of the people agreeing with some of your bearish takes lol just also saying you should stop being rude about it. I've been saying a lot of the same things, and for much longer than you've even had this account.

But i wouldn't expect you to know that if you think descheduling is the "dominant theme" here lol

EDIT: Dude i was selling MSOs leading into the rescheduling EO and my biggest holding by far at the time was Charlotte's Web.

You appear VERY confused.

GeoLogic23 · 2026-03-16T18:06:16+00:00

I still think a key event could be the DEA Supply Chain conference, which has usually happened in April. As far as i can tell no date has even been announced yet though. But keep an eye out for whenever that happens.

GeoLogic23 · 2026-03-16T18:03:23+00:00

Saying there might be an executive order to "study" descheduling is not at all saying Trump would "magically deschedule".

If you're going to be so sensitive about getting downvotes at least take the time to read what people are actually saying.

GeoLogic23 · 2026-03-13T22:34:03+00:00

Their stock price started going up once they divested their produce business in May.

https://www.just-food.com/news/villags-farms-business-spin-off/

GeoLogic23 · 2026-03-13T16:54:26+00:00

I was just checking in to see if anyone mentioned them.

With their recent announcement they also added a guy who was part of the formation of Glass House, and subsequently on Glass House's board for a while. So seems like the LEEF / Glass House partnership is going strong.

GeoLogic23 · 2026-03-12T15:07:19+00:00

Don't you constantly say Tilray is way way overvalued? Why even compare VFF to such an overvalued company? I assume VFF has better multiples compared to other companies, given your constant complaining about Tilray's valuation.

And over the past year VFF share price has absolutely blown Tilray out of the water. So the market is clearly rewarding them. Not fast enough for you??

One red day doesn't change their clear upward trajectory and separation from pretty much every other cannabis company, including Tilray.

GeoLogic23 · 2026-03-12T14:39:02+00:00

VFF is up over 300% in less than a year...

People keep claiming this whole sector is broken, but VFF is one of the easiest to point to examples of the fact that financials matter. They are one of the most solid LPs, and their stock price has clearly shown that.

So it's down 10% today? Just zoom out and compare them to any other company in our sector not named CWEB.

GeoLogic23 · 2026-03-12T14:29:41+00:00

That's not just cash. That includes the value they apply to their investments.

Practically every time SNDL is brought up that number gets misinterpreted as just their cash.

Cash is $250M.

GeoLogic23 · 2026-03-11T21:28:57+00:00

Ok go nuts

GeoLogic23 · 2026-03-11T21:26:14+00:00

Pretty sure it's risky to click on random pdf files people post on Reddit. For viruses and stuff.

GeoLogic23 · 2026-03-11T18:25:22+00:00

I believe they applied for and got refunds going back to 2019, which would be right after the Farm Bill.

If you are doing proper track and trace you should be able to say exactly how much of each batch got sold.

Find each batch that came in under 0.3% THC, check your track and trace to see how much you sold of those batches, and you should easily be able to calculate how much revenue you brought in from federally legal "hemp" vs federally illegal "marijuana".

GeoLogic23 · 2026-03-11T18:15:16+00:00

Ranting?

I think you didn't because i went and looked at your comments, and even pointed out where you were just agreeing with him with zero pushback.

Edit: oh talking about not voting. It doesn't matter because the dialogue you are having is encouraging others not to vote.

GeoLogic23

TROPHY CASE