|Day Low/High||18.61 / 19.64|
|52 Wk Low/High||9.00 / 25.97|
It all comes down to matching my time frame.
As I telegraphed in the past (that I would buy the next dip in pot stocks), I have taken a medium-sized long investment position in Canopy Growth at $37.80 in pre-market trading - following the announcement of the CEO's departure. This is my first n...
* I have been cautious on pot stocks * I remain so! * Another lesson learned about chasing shiny objects Break in! Canopy Growth's co-CEO Bruce Linton has unexpectedly resigned (the shares are -10% in pre-market trading) from his executive position...
I'm only considering selling the puts. The dividend is not that attractive.
Changes will come as they move their wine and spirits business to the 'high end', and develop the activities of Canopy Growth, which promises cannabis-infused drinks.
Is prohibition the real factor propping up projections for demand and pricing in the cannabis market?
At first glance, CGC's report looks like a drag, but you must dig into the weeds to see how timing and the industry are at play.
Canopy Growth's latest financial results offer a reality check.
Canopy's earnings losses could just be a stepping stone to becoming the industry leader.
I just wrote a piece for Real Money covering fourth-quarter earnings for Canopy Growth , the name most analysts refer to as the top cannabis play in Canada. As you have likely seen by now, the company's operational loss for the quarter printed ugly...
The cannabis company's performance as outlined in its year-end report should not inspire investor confidence.
While the cannabis company's stock is sliding on its year-end report, at least one analyst sees a long-term buying opportunity.
There are challenges the world and the markets face; be mindful of them, but do not fear… ever.
There's no doubt in my mind that we will see increased rules, on strength of weed, come out, over time: Source: Washington Post I plan to reestablish my long in pot stocks ( , etc.) when the increased regulation is placed on the front burner and the...
If cannabis is descheduled, it is likely it will become federally regulated -- and convenience stores are preparing their case for selling it like tobacco products.
* I don't want there to be any ambiguity about the size of my positions or about my buy and short levels as I strive for as much transparency as possible "When the time comes to buy, you won't want to." - Walter Deemer I promised to update my "Level...
Let's visit with the charts and indicators to see how things are shaping up today.
Besides revisiting the first two companies, we also look at trade setups for Canopy Growth and Nike.
CGC has the best chance to transition to broader success should the U.S. ever go the route of legalization beyond the state level.
The company has spent a lot of time and money trying to meet the supply needs of the recreational cannabis market.