|Day Low/High||7.50 / 7.80|
|52 Wk Low/High||1.94 / 7.82|
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.
One of my speculative cannabis investments, Cresco Labs , is +7% on this news, here.
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 "When the time comes to sell, y...
I have established a small package of speculative cannabis stocks this morning which includes ($5.40), ($2.77), ($8.37) and ($5.30).
Though, in general, downside risk may dwarf upside reward, given the uncertainty of outcomes (for now) I really like the idea of having a long portfolio of stocks, with an intermediate term time frame, hedged with out of the money and puts ("I got g...
I'm considering establishing a long investment stake in a package of cannabis stocks, with emphasis on U.S.-based companies.
* CGC could trade up to over $30 on the successful House vote passage of the SAFE Banking Act announced last evening * While the short term may remain rocky (pot stocks are down by nearly 50% since April), investors with longer term timeframes shoul...
A host of other cannabis-related stocks has sprouted up that appear better for investing.
With over 56 brands, CRLBF has something for everyone and that is the secret sauce of this unassuming company.
The fact that everyone wants to know everyone's thoughts about Canopy Growth should tell you everything you want to know about CGC's current valuation and ownership. In fact, the Canadian LPs (Licensed Producers) are a tough game right now. These ar...
Not to be outcome by a unicorn company, the unicorn sector of the markets, cannabis, is unleashing a blitzkrieg of news this morning. On the acquisition side, Cresco Labs is buying Origin House (CannaRoyalty) this morning for a small premium. It app...