The action is heating back up in the cannabis patch. Bigtime. Investors have been taught to sit on the sidelines in these stocks because “they keep going down”. That’s what happens in a bear market. These stocks got too far ahead of themselves a couple years ago, and we were seeing ridiculous valuations on a […]
$TLRY
Trading the “Big Green Bottom” (TLRY, HMPQ, CGC, MJNA)
Yes, the market seems like a function for determining nothing other than the degree to which the global coronavirus pandemic will help or hurt any given stock. It’s hard to see anything else. But we would suggest that successful investors in operation now – judged a year from now – will be seeing something else […]
Future Stars in the Cannabis Stocks Space (GRWG, CURLF, SGMD, TCNNF, ACB, CGC, TLRY)
As the Cannabis space continues to mature, we find ourselves with an “old guard” and a crop of young upstarts racing to steal the torch of leadership away. Given the sharp underperformance of the old guard in recent months, one wonders if the big money in the space has already started to shift its focus. […]
Who Stands to Win from the New Marijuana Bill? (CGC, ACB, SGMD, CURLF, TLRY)
The House Judiciary Committee approved a Bill on Wednesday that would decriminalize marijuana at the federal level. The Marijuana Opportunity Reinvestment and Expungement Act of 2019 (the “MORE Act”) passed by a wide margin, 24-10, with bipartisan support. The impact of this bill could be extraordinary for companies operating in the space. But, for investors, […]
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