Will Trump help or hurt this contender September 16, 2024 | [Read Online]( Rate cuts coming â eyes on this ð Will Trump help or hurt this contender â° Set a reminder to join me LIVE @ 11am EST today as I review my top trading ideas for the week in the [Market Masterâs trading room]( Itâs like Christmas Eve on Wall Street as we approach the expected announcement Wednesday of the Fedâs first rate cuts (probably) since 2020. Investors have been whipsawing the market all year, wagering on when this day would come, and the only question now is whether weâll get a quarter- or half-point cut. Personally, Iâm betting on just a .25% cut to start with, as more than that could be viewed as a desperate move by the Fed. Despite some recent steep drops, the major indices have repeatedly recovered to the point that they arenât far from their all-time highs. Investors seem to think that weâll dodge a recession (with the Fedâs help, of course), and their cautious optimism keeps pushing stock prices higher. Individual small companies will continue outperforming in this market buoyancy, and today, Iâm looking at one that has a strong chance of bouncing. Take a look at Greenlane Holdings, Inc. (GNLN) on your favorite platform. Right away, youâll see the company had a huge run-up last month. On August 5, a reverse split went into effect, then a week later, on August 12, the company [announced]( a $6.5 million private placement with a single institutional investor. I have seen many of the recent reverse split stocks make big moves in the last few months, but GNLN was one of the biggest. The stock price rocketed more than 750% in just a few days on the news, and itâs only now coming back to earth⦠I think itâs now at a place where it makes sense to start looking at it very closely again. With Trump signaling a very soft stance on âMJâ offenses, I think there is an excellent chance that many of these stocks will run again into the election in November. Headlines like [this]( are all over the media right now, and I think weâll see a lot more momentum behind it very soon⦠There are a lot of stocks in this sector of course, but none have shown the type of move that GNLN just did a few weeks ago. With the stock trading at current levels, it is a no-brainer to start watching it right away. ð GNLN needs to be on the very top of your watchlist today. The company was established 17 years ago and describes itself as âthe leading global platform for the development and distribution of premium cannabis accessories and lifestyle products.â The Boca Raton, Florida-based company definitely takes âpremiumâ seriously, and its marketing seems designed to appeal to a modern, higher-end clientele. It is a major distributor to cannabis dispensaries and smoke shops, and has a number of unique in-house brands. The links below go to individual brand websites so you can get a feel for each one. You can also find Amazon pages for the various brands. - [Higher Standards]( â A brand that provides âtrue connoisseurs with the tools they need for the most elevated smoking experience.â Higher Standards products - [Pollen Gear]( â A line of âpremium, patented, customizable child-resistant packaging solutions.â - [K.Haring]( â âfunctional art and lifestyle products emboldened with the powerful, iconic imagery of legendary artist Keith Haring.â - [Groove]( â A line of nine unique glass designs with a focus on âgreat quality and value pricing.â - [Marley Natural]( â âoffers an elevated line of products made from sustainably grown black walnut and hand blown glass.â Marley Natural products Additionally, a number of prominent, third-party brands partner with GNLN to take advantage of the companyâs wide distribution network and consumer base. For instance, the company has an entire [wholesale website]( and a slick, 250-page [wholesale catalog]( for retailers. It also has a popular business-to-consumer e-commerce website, [vapor.com](, that was named on USA Todayâs list of âAmerica's Top Online Retail Shops." In fiscal 2023, [the company had]( $65.4M net sales with a 27.3% gross margin. It has been focused on dialing in its operations, resulting in a 79% reduction in operating expenses year-over-year. Streamlining its operations will of course be great for the companyâs bottom line, but another major shot in the arm could be happening at the regulatory level. In May, the DOJ [announced]( a proposed rescheduling of cannabis from its current Schedule I status to Schedule III. Currently, the DEA classifies cannabis as a substance that has "no currently accepted medical use and a high potential for abuse,â whereas this new status would classify it as a substance with "a moderate to low potential for physical and psychological dependence." GNLN said in an [Instagram post]( that it âeagerly anticipates the potential reclassification.â Just this past week, Donald Trump [announced]( that he backs those efforts and more: âAs President, we will continue to focus on research to unlock the medical uses of marijuana to a Schedule 3 drug, and work with Congress to pass common sense laws, including safe banking for state authorized companies, and supporting states rights to pass marijuana laws, like in Florida, that work so well for their citizens.â And while in the Senate, Kamala Harris went so far as to support a bill to federally decriminalize marijuana. So regardless of who wins in November, more people in more states should be able to get their hands on cannabis legally, and that should be a boon to demand for GNLNâs products. In May, Barbara Sher became the companyâs CEO, and on August 13, GNLN [announced]( she had bought 12,500 shares of company stock. Those are some things to get your own research started. This [investor presentation]( will give you an even better feel for the company. Be sure to approach your trading in a responsible manner. Trading is very risky, and nothing is ever guaranteed, so never trade with more than you can afford to lose. Please read the full disclaimer at the bottom of this email as well so you are aware of additional risks and considerations. Always have a well-thought-out game plan that takes your personal risk tolerance into consideration. Bottom line: GNLN is now trading at an attractive price and has some strong political tailwinds on its side. It is already moving in the pre-market trading as I write this, so be sure to keep GNLN at the top of your radar today. To Your Success, ð Make sure you are getting my mobile text alerts â  text âRAGEâ to 1-(888) 404-5747 to get all of my latest HOT STOCK ideas delivered right to your phone (put the â1â at the front!). Donât miss out! *Just so you know, what you're reading is curated content for which we have received a monetary fee (detailed below) to create and distribute. Let's be clear that investing can be quite the roller coaster as stock prices can have wild swings up and down, so consider those crucial risks before you ever consider trading anything we discuss. Make sure you check out our full disclosure down below for the details on how we were paid, the risks, and why these results aren't what you'd call âtypical.â Just a quick heads up about this ad you're readingâas weâve said, even though we like the company referenced above, and all the facts we discussed above are true to the best of our knowledge, we are running a business here. To distribute this information and help offset the costs of maintaining our large digital audience, in advance of writing the content above, we received twenty two thousand five hundred dollars (cash) from Interactive Offers for advertising Greenlane Holdings, Inc for a one day marketing program on September 16, 2024. This was paid by someone else not connected to Greenlane Holdings, Inc. It might be obvious, but whoever paid for this might own shares and is likely looking to sell some or all of them at any time after we send out this information, which might affect the stock price. We may also buy or sell shares in the company at some point in the future, although neither RagingBull nor its owners own any shares of the company at this time. Also, keep in mind that due to the sheer size of our audience, if even a small percentage of people decide they want to buy this stock, it could potentially boost interest enough to hike up those share prices and cause a temporary spike, and the opposite is possible as our program ends, though that is not always the case. Now, diving right into Greenlane Holdings, Inc might sound exciting. But remember, itâs like venturing into the wildernessâbe aware that there's exceptional risk involved in trading. This isn't small potatoes we're talking about; you could lose every dime you put in, so always carefully think about what youâre doing. Thatâs why they call this trading, after all. We're shining a light on the good stuff about the company here, but it's on you to do your homework, make your own calls, and determine a plan for your own trading, hopefully with the help of your professional 1nvestment advis0r. Oh, that brings us to another crucial pointâwe're not here to tell you (or even recommend) what you should do with your hard-earned money. Weâre simply sharing our non-expert thoughts by highlighting some companies we like that could use some help telling their story to more people. Weâre obviously biased in our writing. Weâre not here to dig into anything that may be negative about the company; this is advertising, after all! Also, keep in mind that if we make some predictions about the future, these are technically known as âforward-L00king statementsâ under the securities acts, so take those with a grain of salt. As with all forecasts, theyâre not set in stone, often wrong, and we certainly canât know where the Companyâs earnings, business, or share price will be tomorrow or a year from now. Everything you read from us is all for your education, information, and possible entertainment. While we believe the info is reliable and accurate, we can't wear a cape and guarantee it. Before you jump into anything, make sure to talk it over with a proâsomeone you trust who's licensed to give you real advice. To be clear, Neither Raging Bull nor its owners, employees, or independent contractors are registered as a secur1.ties br0ker-dealer, br0ker, 1nvest.ment advis.0r (IA), or IA repâs with the SEC, any state securities regulat0ry authority, or any self-regulat0ry organization. So, that's the scoop! If you're intrigued and want to learn more about the companies we talk about, hit up the SEC's website to dig into their filings and see the full picture.  Questions or concerns about our products? Email Support@ragingbull.com © Copyright 2022, RagingBull  [tw]( Update your email preferences or unsubscribe [here]( © 2024 Bullseye Trades 62 Calef Hwy. #233
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