MSOS Bear Playbook Exposed Everything I Learned in 15 Years Trading Cannabis Stocks | Dan McDermitt

Dan McDermitt has been trading cannabis stocks for 15 years — before Colorado legalized, before MSOS existed, before most traders knew the sector was tradeable. He's seen every pump, every dump, and every slow bleed back to where it started. In this episode, Dan breaks down the bear playbook that keeps working: headline drops, algos spike MSOS, it halts, tops out at resistance, and slow bleeds for days. Rinse and repeat. He explains why this pattern persists, why time favors the bears as long as DC moves slowly, and why retail keeps getting caught in the same trap. He also challenges the belief most investors cling to — that they're "early." His take: if you've been through multiple pump-and-dump cycles, you're not early anymore. You're just still here. And there's a ceiling on every rally created by bag holders underwater who just want to break even. This conversation covers how to think about cannabis stocks as a trader, not a believer — and why Dan already knows he'll sell early on the next catalyst. This week we sit down with Dan McDermitt: •The "I'm early" delusion •Why traders sell early •Catalyst stacking thesis •MSOS mechanics breakdown Chapters 00:00 The Catalyst Dilemma in Cannabis 03:03 Trading Strategies and Market Positioning 05:48 Understanding Trader vs. Fundamentalist Perspectives 08:46 The Unique Nature of MSOS Trading 11:51 Market Dynamics and Trading Psychology 15:03 The Role of Uplisting and Rescheduling 18:08 Long-Term Perspectives in a Volatile Market 21:04 Risk Management and Trading Mindset 23:51 The Impact of AI on Trading Strategies Summary In this conversation, Bryan Fields and Dan McDermitt discuss the current state of the cannabis market, focusing on the challenges and opportunities within the sector. They explore the impact of potential rescheduling and uplisting on cannabis stocks, the differences between trading and fundamental analysis, and the unique trading dynamics of MSOS. Dan shares insights on risk management, trading psychology, and the influence of AI on trading strategies, emphasizing the importance of adapting to market conditions while maintaining a disciplined approach. Guest Links: https://x.com/ChartGuys https://www.instagram.com/chartguys/ https://www.youtube.com/@ChartGuys https://www.chartguys.com/ Our Links Bryan Fields on Twitter Kellan Finney on Twitter The Dime on Twitter Extraction Teams: Want to cut costs and get more out of every run? Unlock hidden revenue by extracting more from the same input—with Newton Insights. At Eighth Revolution (8th Rev), we provide services from capital to cannabinoid and everything in between in the cannabinoid industry. The Dime is a top 5% most shared global podcast The Dime is a top 10 Cannabis Podcast The Dime has a New Website. Shhhh its not finished. 🎥 YouTube: The Dime 📸 Instagram: The Dime https://www.newton-insights.com/