|Day Low/High||12.75 / 13.85|
|52 Wk Low/High||1.94 / 14.24|
Two more major deals were announced on Tuesday.
I am watching names like Curaleaf and the MSOS cannabis ETF, which could keep moving higher.
This is the first time that any cannabis bill addressing descheduling has been approved by Congress.
It has been a challenging road for these firms, but now it appears that positive things are about to happen.
This is all about trading fast-moving speculative stocks.
While the market appears to be enjoying the election results (so far), here's my take on electric vehicles, health care, metals and restaurants.
Cannabis investors are keenly aware of the landscape and how it could play out for the industry.
Only five companies went public during the first half of 2020 versus 13 in the first half of 2019.
Don't be in a rush. The key to accumulating stocks in this environment is to move incrementally.
Firms should be using their high stock price to grab other businesses to expand, so they're ready when things return to normal.
A messy situation hangs over a state that could rival Colorado or Illinois for sales.
How is Trulieve accomplishing what so many other cannabis companies have attempted and failed?
It continues to be a very good market for aggressive traders that focus on stock-picking and sectors.
The quick return to cannabis dispensaries shows that the demise of brick and mortar is a myth.
That doesn't mean we'll move straight up over the summer, but we'll get plenty of virus, China, stimulus, cannabis, and unemployment chatter.
Still, Covid has forced attention on company balance sheets and a hard look at cash burn rates and investment choices.
Here is your "Marijuana Moment." Note that Illinois' Lieutenant Governor purchased the first recreational cannabis products on the first day of legalized sales for that state. Beneficiaries include , and .
Last week's "Trade of the Week" -- a basket of speculative cannabis stocks -- was intended, as I wrote, through the end of the year. In looking at the buy levels, it was a very successful idea -- with three of the stocks rising by more than 20% as ...
Cannabis stocks are continuing to get their groove back this morning - with good gains in , , , and .
While 2019 was a decidedly bad year for cannabis stocks, 2020 could be looking more positive.
Here is your Marijuana Moment. Last week, my Trade of the Week (and a half!) was a basket of cannabis stocks -- and I moved to large sized in all of them during the week (Note: The stocks started to roll higher on Friday): My package includes ($7.0...
* My package includes ($7.00), ($5.69), ($5.45), ($2.25) and ($8.15) * It is likely that the maximum tax selling pressure is now virtually over * While technically "The Trade of the Week" - this is my favorite group to benefit from the "January Effe...
* In the hope for a "January Effect" after tax loss selling in December I added to ($7.82), ($6.70), ($5.90), ($5.29) and ($2.19) today.
If you want to find cheap stocks with great potential to rebound in 2020, the best place to look is marijuana names.