Jul. 10 at 12:39 PM
$MSOS $MSOX
From Doug Kass:
Cannabis Strategy
"Cannabis equities, along with the more the speculative corners of the market, have fallen modestly in the last two weeks - despite a slew of positive reports on (the inevitability of) rescheduling.
My strategy has been to add to
$MSOS and to individual names daily. The names I am emphasizing are
$VRNOD (largest)
$GTBIF $TRLV $GLAS
Should the space continue to drop in value I could foresee taking my industry exposure to the highest level (in percentage terms) than at any time in the last five years - given my assessment of reward v risk (of roughly 6-1).
Recognize that this is a speculative space and your risk appetite should govern your exposure."
https://x.com/i/status/2074841631983837219
