The Trees N Clouds Daily Market for Wednesday: governors push SAFE Banking, Canadian stocks sell off, and one state runs 41% of the deals.
Transcript
This is the Trees N Clouds Daily Market, for Wednesday, November eleventh. Sixteen governors asked Congress to pass the SAFE Banking Act in the lame-duck session. The DEA has issued its first registrations to more than nine hundred medical dispensaries since the move to Schedule Three. And Illinois will hold off enforcing its hemp law for about two hundred fifty businesses that sued. On Tuesday, Canadian cannabis stocks sold off. Tilray fell seven percent and Village Farms six, while MSOS edged up zero point seven percent. Not investment advice. On the shelf, Arizona has nine percent of the stores running deals, but forty-one percent of the deals, at a median of half off. So, does a market that's always on sale have any room left for a holiday deal?
What's in today's video
News: Sixteen governors asked Congress to pass the SAFE Banking Act in the lame-duck session. The DEA has issued its first registrations to more than 900 state-licensed medical dispensaries since the move to Schedule III. Illinois will hold off enforcing its hemp law for about 250 businesses that sued, until a federal judge hears arguments Nov 19.
Markets: Canadian cannabis stocks sold off on Tuesday. #Tilray ($TLRY) fell 7.0% to $2.65 and #VillageFarms ($VFF) 6.0% to $2.67, while #MSOS edged up 0.7% to $4.10. #CanopyGrowth ($CGC) fell 4.9% to $0.59, just above its 52-week low.
Shelves: In the past week, 1,108 dispensaries ran 11,304 deals. Arizona had 9% of those stores but 41% of the deals, at a median of 50% off, about four times as many deals per store as California.
Green Wednesday is two weeks out. Does a market that's always on sale have any room left for a holiday deal?
Stock moves are correlations, not proof of cause. Not investment advice. Deal data: Trees.Cloud menu data, deals listed in the 7 days to Nov 7, 2026.
Download the slides
Every slide from today's video is free to download and share, with credit to Trees N Clouds.




- Slide 1: Intro (PNG)
- Slide 2: Cannabis news (PNG)
- Slide 3: Cannabis stocks (PNG)
- Slide 4: Deal Watch (PNG)
Transcript
This is the Trees N Clouds Daily Market, for Wednesday, November eleventh.
Sixteen governors asked Congress to pass the SAFE Banking Act in the lame-duck session. The DEA has issued its first registrations to more than nine hundred medical dispensaries since the move to Schedule Three. And Illinois will hold off enforcing its hemp law for about two hundred fifty businesses that sued.
On Tuesday, Canadian cannabis stocks sold off. Tilray fell seven percent and Village Farms six, while MSOS edged up zero point seven percent. Not investment advice.
On the shelf, Arizona has nine percent of the stores running deals, but forty-one percent of the deals, at a median of half off. So, does a market that's always on sale have any room left for a holiday deal?
#cannabis #cannabisindustry #cannabisstocks #SAFEBanking #cannabisdeals



