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This Falling Cannabis Stock Is Not a Buy

RYTHM, Inc. (RYM), formerly Agrify, is down 1.5% year-to-date, which is way worse than AdvisorShares Pure US Cannabis ETF (MSOS), which has gained 28.1%, and it is a little worse than the Global Cannabis Stock Index, which at 7.21 has gained 4.8%. I last wrote here about RYM on 11/11, reiterating my negative view as I called it a horrible cannabis stock . The stock was then at $31, and it is now at $28.55 as of 12/18's close. While cannabis stocks have soared recently, this i

Dec 22, 20253 min read

Now That Cannabis Has Been Rescheduled

Yesterday's news was as expected, with President Trump issuing an Executive Order that moves cannabis rescheduling further along. If you ask ChatGPT, you will "learn" that it has been rescheduled: Chat GPT suggests that the action has already rescheduled cannabis, but I don't think that it has. I visited the DEA website, and it is still listed currently as Schedule I. There is no news about the EO at all. Attorney General Pam Bondi, who is not a fan of cannabis from what I c

Dec 19, 20253 min read

Good News For LEEF Brands, But It Is Still a Bad Cannabis Stock

I have written three pieces now on LEEF Brands (LEEEF), which rallied sharply on Friday, rising 20% to $0.189. This gets it back to where it was when I wrote in mid-November that it was a terrible company and a worse stock . When I wrote about it the first time in early August, I explained why I don't view it as a good idea for cannabis investors. The stock, despite surging Friday, is down since then. In the last article, I reviewed the Q3 filings, and one of the things that

Dec 14, 20254 min read

MSOS: How Low It Could Go

I discussed t he crash of MSOS again on 11/18, when it closed at $3.16, and it has rebounded to $3.89. Clearly, it is highly volatile! I discussed why it was crashing and how low it could go and shared some good alternatives. Today, I want to discuss the current holdings, the bounce, the acceleration of redemptions of the ETF, and my updated view on the potential downside. MSOS Is Extremely Concentrated In Its Holdings and Is Leveraged AdvisorShares does a great job of updat

Dec 7, 20256 min read

Why I Now Like Cannabis Stock Organigram Global Again

I have been following the cannabis sector since early 2013, and the stocks are very volatile to say the least. When I started following it, adult-use cannabis sales were legal nowhere. Now, about half of states in the U.S. have adult-use sales, and Canada has had legal adult-use cannabis since 2018. When I started following cannabis, its current medical cannabis program had not yet started, as Marihuana for Medical Purposes Regulations (MMPR) started in 2014 and was replaced

Nov 30, 202510 min read

Another Silly Penny Stock

I saw a press release the other day that caught my attention. It was released by Protext Mobility (TXTM), and it was very bullish-sounding. The press release, published on 11/19, was a shareholder update . I don't follow TXTM closely. I did pay attention to its predecessor, Plandai Biotechnology, which was PLPL, but it was a total scam that I called out in 2013: It was $0.53 when I published and is now trading near zero. The relationship between PLPL and TXTM was explained i

Nov 21, 20253 min read

MSOS Did Crash

When I wrote about MSOS here on 10/19, I explained why it was plunging . It had closed at $4.76 on 10/17, and today it closed at $3.16, down 33.6%. MSOS is now down 17.1% in 2025 after collapsing last year. The New Cannabis Ventures Global Cannabis Stock Index, which closed today at 5.91, is down 14.1%, which is down less than MSOS. Why MSOS Is Crashing MSOS started running up when Q3 began. Looking at it since 6/30, it has increased a lot, even after the sharp pullback recen

Nov 18, 20253 min read

Never Mind!

The cannabis industry has lost a lot of cannabis analysts during this bear market that started in early 2021. One of the analysts, formerly at Cantor Fitzgerald, runs his own firm now, Zuanic & Associates . I have not communicated with Pablo Zuanic directly since he started his new firm, perhaps never. I am not negative on him and do follow his work, citing it here and at Seeking Alpha at times. I am not writing this to criticize him or his work, but I do want to share that Z

Nov 17, 20252 min read

Get Out of Glass House Brands

Glass House Brands (GLASF) closed last night at $7.25. This is a lot higher than where it was when I explained in July why I don't like it after it had plunged following the ICE raid, but it is down from when I discussed its Q2 here in mid-August. I concluded in that piece that it was too expensive. Well, the company reports this evening after the close, and I still don't like it. The Glass House Brands Chart GLASF has rallied by 25% from its year-end close of $5.80. This g

Nov 12, 20252 min read

RYTHM, Formerly Agrify, Is a Horrible Cannabis Stock

I introduced this company on this blog in May, when it was known as Agrify, calling it a horrible stock . I don't always get my stock calls right, and often the timing is poor, and the stock then was $24.01. Now it is $31.00. The good news for you is that if you held this stock then, it is higher now. The good news for me is that I wrote it up in Seeking Alpha on September 9th, when the stock was near $40,, warning readers to avoid RYTHM (RYM) . Here is the summary from that

Nov 11, 20254 min read

This Leef Is Getting Ripped

I shared a piece in mid-August warning investors about cannabis stock Leef Brands (LEEEF). The company reported its Q3 today, and it is already bad and about to get worse in my view. On 8/18, LEEEF closed at $0.2347, and today, before its report came out after the close, it closed at $0.2105. This is a decline of 10.3%. In the piece, I had pointed out ow it was up so much less than MSOS, which is an ETF that I think is horribly run. LEEEF is down now in 2025, but MSOS is up

Nov 4, 20252 min read

MSOS Is Plunging - Here Is Why

On September 1, Labor Day, I posted that MSOS could plunge. While it did move up from that $5.57 level on 8/29, the end of August, it is now 4.76, down 14.5%. In August, it rallied 96.8%. Even after the retreat, it is up 24.9% year-to-date. This is much better than the overall cannabis sector as measured by the New Cannabis Ventures Global Cannabis Stock Index, which has gained 5.1% so far in 2025. It has declined a lot less than MSOS since the end of August, down just 6.6%.

Oct 19, 20254 min read