Dr. James V. Baker

MSO prices continue to drift lower as positive Trump administration action on cannabis scheduling fails to materialize. The movement down and to the right on the charts for $MSOS and its individual holdings seems to have legs. $CNBS $AAWH $CRLBF $CURLF $GTBIF $TCNNF $TSNDF $VRNOF

I encourage you to read my timely new article that dissects the recent surge in $MSOS fund flows. It is aptly titled "MSOS: Cannabis Investors Betting Big On Trump." $CURLF $GTBIF $TCNNF $VRNOF $CRLBF $TSNDF $GLASF $JUSHF $CBSTF $PLNH $VREOF $CXXIF $VFF seekingalpha.com/article/481…

Since Trump's 8/11 comment about rescheduling $MSOS is up 41%, $CURLF 46%, $GTBIF 43%, $TCNNF 49%. Rescheduling would quickly add another 14%-34% to these stocks; whereas, not rescheduling would cause prices to revert to 8/8 price levels.

Will the Trump administration reschedule cannabis from Schedule 1 to Schedule 3 within the next 2 weeks? $MSOS $CURLF $GTBIF $TCNNF

If the $100+ million spent on the campaign to legalize rec use in Florida had instead been somehow legally used to support state legislators, do you believe they would pass a rec use law? #Florida #DeSantis #Amendment3 #Marijuana $MSOS $TCNNF

The bond-equivalent yield on 91-day US Treasury Bills at the upcoming auction on Monday will likely be below 5% for the first time since the March 10, 2023 auction. The market is not waiting for the FED to cut rates!#Fed $TNX $TLT $BIL $BOXX

Last Post: Florida MSO Trump Card seekingalpha.com/a/2t0vf?sht…

A proposal to limit THC content in hemp products (SB 1698) was passed unanimously by the Florida Senate Agricultural Committee and could morph into similar restrictions on MSO products with disastrous consequences including denuding adult use as a catalyst for shareholders. $AAWH $AYRWF $CCHWF $CRLBF $CURLF $FFNTF $GDNSF $GTBIF $JUSHF $TSNDF $TCNNF $VRNOF $MSOS #Cannabis #Marijuana #Hemp #Delta9

People and businesses who own whole life insurance policies should borrow their cash values to invest in U.S. Treasuries at rates greater than their borrow rate. When such financial acumen (disintermediation) replaces financial ignorance, life insurance companies will face cash flow crises. Borrow before companies prevent such borrowing! $PRU $MET $LNC $GNW

Those concerned about the size of the Fed's balance sheet should read a just published Seeking Alpha article "Fed To End QT, And Soon", which shows the decline in size of Fed's balance sheet is about to end. seekingalpha.com/article/462…

The 15th BRICS Summit takes place in South Africa this week. Reportedly, 22 countries have formally applied for membership in BRICS, while another 20 have made informal inquiries. Summit pronouncements could have a significant impact on the US$ and gold. $GLD $UUP $PHYS

$APPL closed at 181.99, which was below its 40 & 50-day SMAs of 189.55 & 187.09. Its 100, 150, & 200-day SMAs are 176.27, 165.47, & 160.01, respectively. #Apple $SPY $QQQ

While the Fed aims to reduce its holdings of US Treasuries by $60B and MBS by $35B per month, for the first 21 days of June only $18.5B in Treasuries and $4.8B in MBS have rolled-off. #Fed #USTreasury #InterestRates $TNX $TLT

The Fed goal was to reduce its Treasury holdings by $30B & MBS by $17.5B/mo for 3 months beginning 6/1/22. The reductions would then double on 9/1/22. Today is the 1-yr anniversary of the rolloff program & the Fed met 96% of its UST goal, but only 41% of it MBS goal. #Fed #QT

If the U.S. Government has to stop paying some of its bills, which of the following bills would be your number #𝟏 𝐂𝐇𝐎𝐈𝐂𝐄 𝐓𝐎 𝐒𝐓𝐎𝐏 𝐏𝐀𝐘𝐈𝐍𝐆? #USTreasury #FED #Yellen

Will history repeat? From 4/13/22 to 5/4/22 Treasury deposits at the Fed grew $421B & M2 fell 2% as tax payments were made from checking & money market accounts. Coincidently, from 4/13/22 to 5/11/22 S&P fell by 12.9% & the NASDAQ by 18.7%! $SPY $QQQ #Fed #UST #M2 #Banks #QT

The FDIC insurance fund (DIF) on 12/31/2022 had ~$125B in liquid assets & the ability to borrow an additional $227.5B from Treasury, FFB, FHLB, & IDIs. FDIC assessment income was $8.3B. #FDIC #Fed #BankFailures $SIVB $FRC $SBNY

#NYC office vacancy rate is ~ 21% & rising, 16% direct plus another 5% available on sublease. The OFFICE OCCUPANCY RATE in NYC is 41.2% compared to the major metropolitan cities average of 44%. $BK is the largest owner of office space in the nation. 2/2 #BK #PRU #MET #Offices

Q3 2022 saw San Francisco vacant office space rise to ~ 23% of all office space or 19.9M square feet, 14.7M direct & 5.2M sublease. The current SF OFFICE OCCUPANCY RATE of ~ 31% is the lowest among major metropolitan cities in the nation. 1/2 #Pru #Met #BK #OfficeSpace

Seeking Alpha just published my 45th article on publicly held cannabis stocks. It is titled “Impact Of 280e On MSO Income.” Current and prospective MSO investors should read this article, because it shows actual dollar benefits. #Weedstreet420 #MSOgang seekingalpha.com/article/454…