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Jason Spatafora Profile picture
Jason Spatafora
@WolfOfWeedST
Investor & stock market provocateur. Lover of irrational exuberance & girls named Vanessa. Options trader, I am The OI...
Jun 19, 2021 • 14 tweets • 6 min read
#Potstocks Thread:
Cannabis market is predicted to hit $43B by 2025.
This number was $29 Billion 5 months ago.
To put growth in context it was $1.3B in 2014
$17.5b 2020
Black Market sales were $66b 2020
forbes.com/sites/irisdorb… While estimates vary, the spread is not too crazy from 1 to the other.
Some stats...
Jan 14, 2018 • 7 tweets • 2 min read
#PotStock Thread: Had a chat with a fund guy & was enlightened to something That I never considered when looking at bought deals for LP’s in Canada & was staring us all in the face, yet I was distracted by variables associated with The Who what, when, why’s of the deal... Suppose I was a fund “Wolf Capital” & I was working on a bought deal for #PotStock company X. Now X is trading at its 52 week high as are many other in the sector, but I want to do a deal as do they. I know as a fund ready to fire $10m at stock in a bought deal 15% below market..