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Cannabis

IIPR: Innovative Industrial Properties The San Diego-based company is a real estate investment trust (REIT) specializing in properties used for growing and processing cannabis in U.S. states where medical marijuana is legal. While Innovative Industrial's stock has been dragged down over the last few months by sector weakness, the fast-growing company continues to post great quarterly numbers. In the second quarter, its revenue soared 155% year over year to $8.28 million, earnings per share (EPS) jumped 76% to $0.30, and adjusted funds from operations (FFO) per share -- a key profitability metric for REITs -- surged 90% to $0.59. Innovative Industrial Properties (NYSE:IIPR) is back to doing what it does best: purchase facilities that can be used to grow and process cannabis, lease them to state-licensed operators, and pass the profits on to investors. The real estate investment trust (REIT) completed a sale-leaseback deal with multistate dispensary company PharmaCann on Oct. 30. IIP paid $18 million plus transaction costs for a 48,000-square-foot industrial property in Dwight, Illinois. The REIT immediately entered into a triple-net lease with PharmaCann, which will continue to use the facility for cannabis cultivation and processing. IIPR will also reimburse PharmaCann for up to $7 million in tenant improvements. PharmaCann intends to use the funds to expand the property by about 18,000 square feet as it seeks to double its production capacity. The deal is the fifth time IIP has acquired a property from, and leased it back to, PharmaCann. Market Cap 845.75m Eneterprise Value 948.99 Way undervalued Dividend Yield 4.08% P/E FY 39x P/B 2.9x EPS 2020 79.4% YoY estimate. Price Target 140$ near 100% potential paying solid dividend. MACD showing bullish momentum BUY RSI breaking above downtrend line BUY EXANTE is a broker for professionals. Direct access to over 50 financial markets through one account. Stocks & ETFs, Currencies, Metals, Futures , Options, Funds, Bonds, Crypto¬currencies. Any information contained on this website is provided to you for informational purposes only and should not be regarded as an offer or solicitation of an offer to buy or sell any investments or related services that may be referenced here. Investing in certain instruments, including stocks, options, futures , foreign currencies, and bonds involve a high level of risk. Single trading account Trade in 50+ markets in the US, Europe and Asia — from your all-in-one multicurrency account on any device exante.eu
NYSE:IIPRLong
by EXANTE-TOG
TNY Update. Possible Bull Flag.Unless Tinley breaks above 47c in the next few trading sessions we're basically just looking at another lower high. There's clearly a possible bull flag pattern that may play out. The RSI was at an all time low on "all time frames" recently, which is reflective of the aggressive bounce we had in the share price. On the RSI I've made some notes that may indicate a trend reversal. On a five day chart I'll post attached to this chart you can notice the RSI bounce off the top of what was once a descending triangle, this may indicate the trend is changing due to old resistance becoming new support. Time will tell per usual.
CSE:TNYLong
by ScotianBot
TNY Update.Today's move is nice to see everyone, but we're still looking at a lower high on a macro level since Dec 2018. That may not seem macro to some investors, which is fine, but it's still important to note in regards to charting. All information helps, especially in hindsight when trying to learn new trading methods, I guess I'm speaking for myself. Anyway, a follow up news release may still be required to prevent the shorts from playing whack a mole. For a meaningful higher low I'd say the safest area is above the Dec low, and that's where we have a recent lower high as well. If we can get up to 47c in the next few trading sessions it would be a nice V shape recovery. Time will tell per usual.
CSE:TNYLong
by ScotianBot
$APHA Looks To Have Bottomed$APHA is out today with a strong earnings report and the fundamentals point to the worst being over for the company. Here are the highlights: Cannabis products producer Aphria (NYSE:APHA) is up 22% premarket on light volume in reaction to its fiscal Q1 results released this morning. Highlights: Revenue: $126.1M (+849%); adult-use cannabis revenue: $20M. Kg equivalents sold: 5,969 (+7%). Average retail price per gram: $7.56 (-1%). Net income: $16.4M (-23%); non-GAAP EBITDA: $1.0M (+125%). 600K plants being cultivated in Aphria One facility. Fiscal 2020 guidance: Revenue: $650M - 700M (distribution revenue will represent slightly more than half); non-GAAP EBITDA: $88M - 95M. We repeat, $APHA is profitable. Shares have a lot of room to make up on the upside. As always, trade with caution and use protective stops. Good luck to all!
ALong
by InsiderFinancial
1
$OGI Is A Top Cannabis Play$OGI looks to have bottomed after a very strong bounce on Friday. The $2.70 is a very strong support zone and one which investors can buy off of. Many investors are looking for exposure to the cannabis space and now is a good time to look after the sector has been in a prolonged bear market. OrganiGram Holdings Inc., through its subsidiaries, produces and sells dried cannabis and cannabis oil in Canada. It also offers wholesale shipping of cannabis plant cuttings, dried flowers, blends, pre-rolls, and cannabis oils to retailers and wholesalers. The company also exports its products. It sells its products online, as well as through phone orders. OrganiGram Holdings Inc. was founded in 2013 and is headquartered in Moncton, Canada. As always, trade with caution and use protective stops. Good luck to all!
NASDAQ:OGILong
by InsiderFinancial
Organigram: Strong long term buy opportunity.Despite Organigram Holdings Inc continuous 5 month sell-off, the stock has reached a point where there are 3 strong technical factors supporting the idea that a strong bounce may emerge. 1. The price hit the 4.15 1M Support which is holding since December 2018. 2. The price has almost made contact with the 1W MA200. 3. The RSI on the 1W chart is past 30.00, a point it last traded during October 2015 when it had an aggressive rise of +600%. Now we are not suggesting that another +600% rise will emerge (that would bring the stock at $30) but we are at a point when adding OGI to your portfolio would be beneficial over the long term. We are looking towards a 11.30 target. ** If you like our free content follow our profile (www.tradingview.com) to get more daily ideas. ** Comments and likes are greatly appreciated.
TSX:OGILong
by InvestingScope
3
Going long on Aurora Cannabis (ACB) (long term trade)2 bounces from the golden pocket zone for 100+% gains.... Will it bounce again? I'd like to see it retake the golden pocket (those two gold lines), and ideally backtest off the .618 Targeting the .382 for TP1 at $6.30 (70% sell) Targeting the .618 for TP2 at $7.84 (20% sell) and look to retake the high at $10.32 (10% sell and close position) Option for stop loss at below the last low wick at $3.69 or a much wider Stop below the .786 at ~ $2.84
ALong
by Kugel100xV2
TNY Updated Chart.It appears as though TNY has broken out of a descending triangle & through some short term resistance that's been holding the sp down since September 25th. It would be nice to see Tny form a support at the 50c level & not drop below it. Also, TNY is trading above the MA (9,close) which is bullish. We just need to get the fuck back up to that 200 Day MA. That will really change the trend. We don't want to simply create a lower high, and it would be ideal not to break below 46c. Time will tell per usual
CSE:TNYLong
by ScotianBot
Why Is KSHB Going Up While Most Pot Stocks Are Getting Slammed?KSHB has been one of just a fine few pot stock related names that has actually gone up. So what's the deal? The company’s stock price struggled throughout September, decreasing 60% on a massive drop during trading hours on September 26th. This was due to the company announcing a direct offering for shares at $1.75 per. This cannabis company is comprised of several industry-leading companies. This includes one of the largest producers of vaporizer products and packaging, Kush Supply Co. Furthermore, it owns Kush Energy which provides hydrocarbon gases and solvents to the cannabis sector. "The direct offering was valued at $30.2 million and is expected to close relatively soon. Investors must have found this offering promising because today, on October 1st, the marijuana stock is up 11%. Could this lead to a strong and promising October for investors after that rough September?"* *Quote Source: 5 Penny Stocks To Watch This Week Stock: KSHB
K
by PennyStocks101
TNY Updated Chart.It appears as though tny may be trading in a ascending triangle. It's clearly noticable on the rsi as well. The 30-45 day estimated time frame for Tinley's two canadian LP's is fast approaching. Sunday would be 30 days from the previous news release. A Friday or Monday news release would be likely & timely for some sort of announcement in regards to this topic. Anything else like LBF licensing early or a new product would be left field & unexpected at the moment. It's worth mentioning that Tinley will be utilizing the standard operating procedures, blueprints and other IP gained during the buildout of their own facility to help its prospective Canadian partners with their own bottling plant buildouts. In other words, the several years of design, engineering and construction work, enabled by learnings from the real-world sales and market experience that Tinley has gained as a Company through their Phase 1 and Phase 2 facilities, will be given to these two Canadian LP's under some sort of agreement beneficial to both parities. “With a first-class production and sales team in place, Tinley is well-positioned to help third-party CPG and lifestyle brand owners extend their offer into the growing cannabis beverage market, in the same manner as our team has done for over 100 such brands globally in the cola and wider beverage industry,” said Ted Zittell, director of the Company. Time will tell per usual.
CSE:TNYLong
by ScotianBot