It looks as if this is the next cannabis domino to fall.
One thing going for Deere is honesty. CEO Samuel Allen spoke on Friday morning...read what he said.
Let's go through the bearish signals one by one.
The market for hemp-derived products is exploding and financial instruments that are going to be created to work within the market will grow, too.
Income-seeking investors on the hunt for stocks that pay out monthly dividends will not be disappointed, with some solid firms to choose from.
Buying Dividend Aristocrats can be a great, long-term play for income investors.
I wouldn't initiate a new, full position today, but I would initiate a partial position in case this small float name runs away before we see a pullback.
Ahead of the spring planting season, the sentiment is irrationally lopsided.
The important thing to keep in mind when working a trade is that we are embracing the fact that we can't predict the future.
The company's first move into the cannabis space is in a joint venture with medical marijuana research company Emerald Farms.