Let's see if we can identify the next sustained move.
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.
Get defensive on the beverage company.
Is prohibition the real factor propping up projections for demand and pricing in the cannabis market?
Canopy's earnings losses could just be a stepping stone to becoming the industry leader.
While the cannabis company's stock is sliding on its year-end report, at least one analyst sees a long-term buying opportunity.
Luckin Coffee's strategy of getting Chinese drinkers hooked on java makes the company good for an aggressive play.
Some bearish divergences have raised their 'head' but they might not stop this uptrend.
For me, this one is a pass. For now.
IPO investors might want to cash out on the big gains they've made on Luckin Coffee, the biggest listing of a Chinese company this year. Others shouldn't get in.