The Trees N Clouds Daily Market for Thursday: the DEA says yes and no, GrowGeneration drops 16.6%, and one in three Mississippi listings is sold out.
Transcript
This is the Trees N Clouds Daily Market, for Thursday, November twelfth. The DEA has rejected registrations from medical marijuana businesses in at least six states and D.C., after approving more than nine hundred. And the first phase of the federal hemp ban took effect today. Cannabinoids the plant can't make on its own, like THC-O and HHC, are no longer legal hemp. On Wednesday, GrowGeneration fell sixteen point six percent, the sector's biggest drop, while Canadian producers bounced back. SNDL rose two point two percent and Canopy two point one, while MSOS slipped half a percent. Not investment advice. On the shelf, one in three menu listings in Mississippi is marked out of stock. And Colorado, one of the oldest markets, is still above a quarter. So, which costs a store more: a long menu with gaps, or a short menu that's always full?
What's in today's video
News: The DEA has rejected registration applications from medical marijuana businesses in at least six states and Washington, D.C., after approving more than 900. The first phase of the federal hemp ban took effect today: THC-O, HHC and other cannabinoids the plant can't produce naturally are no longer legal hemp. The broader hemp THC ban is set for Dec 11.
Markets: #GrowGeneration ($GRWG) fell 16.6% to $1.26 on Wednesday, the sector's biggest drop, while Canadian LPs bounced back. #SNDL ($SNDL) rose 2.2% and #CanopyGrowth ($CGC) 2.1% to $0.61. #MSOS slipped 0.5% to $4.08, and #CrescoLabs ($CRLBF) fell 4.4% to $0.52, just above its 52-week low.
Shelves: Across US states with 50+ stores, 24.1% of menu listings show as out of stock. Mississippi is highest at 33.9%, South Dakota lowest at 14.7%. Colorado, one of the oldest markets, still sits at 27.5%.
Which costs a store more: a long menu with gaps, or a short menu that's always full?
Stock moves are correlations, not proof of cause. Not investment advice. Shelf data: Trees.Cloud menu data, snapshot Nov 5, 2026; share of menu listings marked out of stock.
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: Empty Shelves (PNG)
Transcript
This is the Trees N Clouds Daily Market, for Thursday, November twelfth.
The DEA has rejected registrations from medical marijuana businesses in at least six states and D.C., after approving more than nine hundred. And the first phase of the federal hemp ban took effect today. Cannabinoids the plant can't make on its own, like THC-O and HHC, are no longer legal hemp.
On Wednesday, GrowGeneration fell sixteen point six percent, the sector's biggest drop, while Canadian producers bounced back. SNDL rose two point two percent and Canopy two point one, while MSOS slipped half a percent. Not investment advice.
On the shelf, one in three menu listings in Mississippi is marked out of stock. And Colorado, one of the oldest markets, is still above a quarter. So, which costs a store more: a long menu with gaps, or a short menu that's always full?
#cannabis #cannabisindustry #cannabisstocks #hemp #cannabisretail
