|Day Low/High||13.80 / 14.96|
|52 Wk Low/High||1.94 / 17.49|
Much of the cannabis money is rotating back into bitcoin plays.
This signals a big step for Akerna -- and the stock.
The main themes are bitcoin, cannabis, stocks priced under $10, small biotechnology, and small-caps in general.
There are much better places an investor can put their hard-earned cash, whether they want an aggressive or a moderate name.
Study those charts and be ready to act as things develop.
Even the solid gains on the major indexes fail to show just how good individual stock picking can be right now.
My favorite group at the moment is cannabis.
Georgia's election results have given the industry a big green light, meaning positive moves are expected out of cannabis stocks.
I'm focused on stock picking and continue to hunt for more sector plays.
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 .