Big Swings: what to do with this choppy marijuana market

Waste baskets in Moms’ basements everywhere filled up this morning with blog post drafts from yesterday night. We were all looking at a screen full of red, wondering whether or not to come in the next day, trying to figure out which way was up, and ready to file drafts about plagues of locusts and the sun turning black. By the time the market opened today, the question had become whether or not anyone could come up with a good, theoretical reason to ever stop building this tower of Babel, and we had all started writing drafts wondering out loud if this market will triple or quadruple in six months. It’s been quite a ride, and here’s how it went.

First harvest from the CROP (CROP.C)

“I love it when a plan comes together!” Equity Guru Client CROP Infrastructure Corp. announced this morning that the first harvest has begun at their California 1 property in Humboldt County, CA. The 10,000 square foot greenhouse at the property is the site of medical cannabis operations by CROP’s tenant, who are apparently very excited about the potential for this first go around as it goes in to the drier.