Just as we saw with the Cannabis space over the past decade, the mushroom revolution is making its way from “niche market” to “main street commodity”. And the path between those two realities is enormous in market value terms. It was November 2020 when Oregon became the first U.S. state to legalize psilocybin, which is […]
$TLRY
Top Opportunities in the Cannabis Stock Space (ACB, NUGS, CGC, SNDL, GRWG, TLRY, IIPR, CRON)
The best traders know how to find stocks that investors will seek out on pullbacks. And the best investors know what stocks to seek out on pullbacks. Hence, differentiating between the two groups is a Keynesian Beauty Contest kind of process. Understanding how that contest works is about figuring out which trends are capable of […]
Cannabis Stocks: How Everything Just Changed this Week (GRWG, TLRY, NUGS, SNDL, CURLF, CGC, CRON, MSOS)
No one really argues against cannabis stocks on the basis of “perfect world” fundamentals. The forward demand curve is exceptional, and the legislative momentum is on their side. But there are hurdles – uncertainties. One of the most important such hurdles is the inability for banks to safely provide basic financial services to companies involved […]
CBD and Cannabis Stocks Set for Boost on CA Passage of AB 45 (CBGL, TLRY, SNDL, CVSI, MCOA, MRMD, ACB, GRWG, MJNA)
While it will at first be limited to the California market, AB 45 carries implications in the battle between state law and federal regulations for CBD products in food, as well as for sales of smokable CBD in cannabis, which stands to get a boost of over a billion dollars from AB 45. AB 45, […]
Why Cannabis Stocks are Cheap, and What’s Next (ACB, CGC, SNDL,GRWG, TLRY, IIPR, SGMD)
The overall cannabis patch is now clearly a value play while retaining the sense in which it is also a growth play on a larger timeframe. It’s a rare feature in a market space. You can size this up as a feature of expectations around US federal legislation. However, it is a signal feature of […]
Pot Stocks to Watch as the Fall Season Approaches (SGMD, ACB, CGC, SNDL, GRWG, TLRY, IIPR, CRON)
Cannabis stocks historically make their biggest run during the second half of the year. That suggests market participants may want to keep an eye on the group as we approach the fall trading season and new money gets ready to flow. Global spending on legal cannabis worldwide will hit $57 billion in a decade, according […]
The Inevitable Path to US Legalization? (TLRY, SNDL, NUGS, VFF, CRLBF, ACB, MSOS)
The recent attempt by Democratic lawmakers to pass an ambitious bill that sought to legalize cannabis across the United States by removing it from the list of controlled substances should be taken as a signal about the future. It looks at this point like this particular attempt is likely to fail following Senate Majority Leader […]
Technology, Legislation, the Supreme Court, and Your Cannabis Portfolio (YCBD, ECOX, TLRY, GRWG)
There are two dimensions to the cannabis investment theme: the commodity market’s boom and bust cycle, and the legislative “arrow” of time. The former is often working against investors, but over a shorter time frame. It has to do with the frequent tendency for some of the biggest players to overleverage balance sheets in a […]
Five Pot Stocks with Next Level Potential (CGC, HRVSF, NUGS, CRLBF, TLRY)
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 […]
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, […]
