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  • Come get your Bread&Butter: Whats good with the Stripper Index | Why Weed Stocks are So High

Come get your Bread&Butter: Whats good with the Stripper Index | Why Weed Stocks are So High

TODAYS DATE

Welcome Back! count: 577 words…. 5min read. Don’t be lazy knowledge is power. Copy edited by Anthony Snaggs, Ion Ageday, and Kervins Valcourt

I Fell In Love With A Stripper… Index
By Kervins Valcourt

🧈 Anyone? : Believe it or not, going to your local strip club might be a great financial decision. How so, you might ask? On your next trip to Magic City, ask my homegirl Destiny what your portfolio destiny will be this fall. But what will Destiny know that you won't know? Well, based on her tips over the last year, she will have a good idea of which way the market will move. Going to the strip club is definitely a discretionary expense but one that is hard press to go down. Plus, you know she hears tons of talk about the stress of money in these guys’ spending what they don’t have. So remember when out here spendin’ giving out them tips, you better remember to whip out that phone to Robinhood ‘cause Candy got them stock tips.

I need that 🍞 : So what is the word? If the stripper index is true, it’s not looking good. themodernworkinggirlofficial kept it a hunnid and posted her W2. She voices her concern for the economy when she realizes she is not getting the bag. Now, what can we do with this information? We are on a serious bull run right now, but what goes up must come down. All we can do is really keep buying but keep a couple of stacks on the side cause when and if that day comes, stocks are going on sale, baby! The tech sector will probably be the first to go down. GOOGL, AMZN, APPL, and META are all going on sale. So be ready for that day. But let's keep making that bread in the in-between. Scared money don’t make no money!!

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Why Weed Stocks are So High
By Kervins Valcourt

What’s the Butter 🧈 ? So the Biden administration is really planning to reclassify marijuana, easing restrictions nationwide. Right now, bud is classified as a Schedule I drug, the same as goddamn heroin. Joe is considering rescheduling to Schedule III, putting it in the class of ketamine and anabolic steroids. This is big news, people. This would allow for it to be studied and researched to identify concrete medical benefits, opening the door for big pharma to get a taste of the sales and distribution of medical marijuana in states where it is legal. This play would also make life much easier tax-wise, making it way easier for companies to deduct what would otherwise be normal business expenses.

How to make some bread 🍞? Well, it’s time to buy weed stock, man. Canopy Growth Corp (CGC) and Cambria Cannabis ETF (believe it or not, TOKE) are volatile but have the most to gain if this comes through. So, when is the big question if you are trying to get that serious bag. Well, something like this will usually take months to get pushed through. But lucky for us, it is an election year, and Joe is trying to get them votes. So IMO I’m expecting some news to come definitely before November. So if we are trying to gamble, it's time to buy some CALLs, girls and boys. I’m getting some out-of-the-money calls with a strike price of $8 for TOKE. But I’m also going to grab some CGC and TOKE to hold. Then I’m getting a pack of loud and waiting for the real green to come in.

Looking for visuals and charts, rather than words, to understand the daily news?

Bay Area Times is a visual-based newsletter on business and tech, with 250,000+ subscribers.