$MCMJ NEWS ARE COMING?Is rising volume suggesting that news are coming?
It is merging with Leafly Holdings Inc. ("Leafly"), the world's leading online cannabis discovery marketplace and resource for cannabis consumers.
Near to NAV, small risk.
News or successful combination could send the stock higher.
Trade with risk management and always set up a stop loss.
www.leafly.com
Cannabis
TLRY - nowhere left to go but up! This wedge has finally been squeezed out and shorters have nowhere left to push. Time for TLRY to make the trek back to ATH - are you in? Don't chase! we could revisit the top of the wedge which would be a great buy point to set your limit order, then set a tight stop below the wedge. Good luck!
TILRAY ROCKET HIGH TODAY +16% This is not an advice just a note for myself to remember. Months it was low and today it flew 16% up to 11.83 (came from prox 10)
It had no pullback and no backtest of the opening which TIlray normally does. This makes me wonder if this high is sustainable. I think it will not go that easy tomorrow to 15 or higher....I think it will test the opening price once more. Or at least test 50% of this rise of 16%. I am afraid to buy more because it can drop very fast. Tilray does not have good numbers only good news of legalisation and some products possible with cannabis in it.....I don't see a further rise this easy. Feel free to share your point of view with me or share a nice analysis with me.
I know the price is very far from the ATH -75% i think.
small cap growth stock to watch out forHexo is literally a small cap growth stock.
The recent drop in share price was understandable because of the 140m offering and securing 360m in debt both of which are being used to acquire Redecan which is an extremely popular LP in Canada
from the Q3 financials
Under the terms of the Share Purchase Agreement, the $925 million purchase price will be paid to the Redecan shareholders as $400
million of consideration due on closing paid in cash and $525 million of consideration due on closing paid through the issuance of
HEXO common shares at an implied price per share of $7.53.
Cannabis growth is a complicated and risky market. Something Hexo has shown a keen eye for to capitalize on acquisitions during the springs announcements and buzz around cannabis stocks in general.
Hexo continues its aggresive growth in the Canadian sector with footholds into European and US cannabis markets.
Redecan adds a strong brand recognition, leading cannabis growth, cultivation and distribution innovation and positive cash flows that Hexo was struggling with.
370M Market Cap is well oversold for what I believe is nearing the bottom of Mark down after distribution from the spring months.
I'm not a financial advisor. Not that there is anything wrong with that. This is not financial advice in anyway.
Hexo is a value stock with tremendous growth and future but it also presents greater risk.
I plan on entering a position when i see signs of the next accumulation phase beginning.
Slang Worldwide - Ancillary Cannabis - Golden CrossImminent* on monthly chart. #MSOgang potstocks *valueinvesting. #cannabisreform #thegem
Stuck at sea shipment will prove difficult for large caps in *rising rates environment. *valuation matters
Go Slang!!
Go Greenlane!!
Go Akerna!!
#investingnfts HOWTO #valueinvesting
ACB The return of Cannabis stocksCannabis stocks like Aurora Cannabis, and this is not the most bullish, have been beaten up in the past 6 months, while they kept delivering good results.
Aurora Cannabis Launched its First Medical CBD Product in Uruguay 2 days ago.
The CBD oil is available in 3% and 10% concentrations in pharmacies across the country.
My price target is the 12.6usd resistance.
US10Y - Rising Rates Environment - Go Small Cap Gems - Valuation#MSOgang #cannabisreform #epiceconomics #thegem $GNLN
The War on Drugs has been a war on people—particularly people of color. The Cannabis Administration and Opportunity Act aims to end the decades of harm inflicted on communities of color by removing cannabis from the federal list of controlled substances and empowering states to implement their own cannabis laws. Federal cannabis reforms are especially urgent as more and more states legalize the adult and medical use of cannabis. To date, the adult use of cannabis is legal in 18 states, the District of Columbia, the Commonwealth of the Northern Mariana Islands, and Guam; and 37 states, the District of Columbia, Puerto Rico, Guam, and the U.S. Virgin Islands have advanced laws to allow medical cannabis, with nearly all Americans living in a state where some form of cannabis is legal. These changes represent a dynamic shift in public opinion and support across the political spectrum. Today, more than 90 percent of Americans believe cannabis should be legal either for adult or medical use. Despite legalization under state law and broad public support for cannabis legalization, cannabis remains illegal under federal law. By ending the failed federal prohibition of cannabis, the Cannabis Administration and Opportunity Act will ensure that Americans – especially Black and Brown Americans – no longer have to fear arrest or be barred from public housing or federal financial aid for higher education for using cannabis in states where it’s legal. State-compliant cannabis businesses will finally be treated like other businesses and allowed access to essential financial services, like bank accounts and loans. Medical research will no longer be stifled. But this alone is not enough. The Cannabis Administration and Opportunity Act includes restorative measures to lift up people and communities who were unfairly targeted in the War on Drugs. The bill automatically expunges federal non-violent marijuana crimes and allows an individual currently serving time in federal prison for non-violent marijuana crimes to petition a court for resentencing. The legislation also creates an “Opportunity Trust Fund” funded by federal cannabis tax revenue to reinvest in the communities most impacted by the failed War on Drugs, as well as helping to level the playing field for entrepreneurs of color who continue to face barriers of access to the industry. Importantly, the legislation also ends discrimination in federal public benefits for medical marijuana patients and adult use consumers. The legislation preserves the integrity of state cannabis laws and provides a path for responsible federal regulation of the cannabis industry. Like with federal regulations on alcohol, CANNABIS ADMINISTRATION AND OPPORTUNITY ACT | Sens. Booker, Wyden, and Schumer 2 states can determine their own cannabis laws, but federal prohibition will no longer be an obstacle. Regulatory responsibility will be moved from the U.S. Drug Enforcement Agency (DEA) to the Alcohol and Tobacco Tax and Trade Bureau (TTB), the Bureau of Alcohol Tobacco Firearms and Explosives (ATF), as well as the Food and Drug Administration (FDA) to protect public health. Additionally, revenue generated by federal taxes will support restorative justice and public health and safety research. U.S. Senators Cory Booker, D-N.J., Ron Wyden, D-Ore., and Chuck Schumer, D-N.Y., (collectively referred to in this document as the “Sponsoring Offices”) are committed to turning the page on this sad chapter in American history and undoing the devastating consequences of current discriminatory cannabis policies.
Crypto to Cannabis. AGAIN!
Looking for a bounceDaily RSI at historic Oversold bounce levels. Almost as beat up as the covid crash right now. In the past we have bounced 25%-80%+ when bouncing off this level of Oversold conditions. There is also a gap on the daily now above at these extreme conditions that needs to be filled
Also in a buy/support zone on the daily
Weekly Oversold
4HR at historic Oversold bounce levels
1HR at historic Oversold bounce levels
Daily looking to like a potential falling wedge, at price support/buy zone, at historic oversold levels with now a daily gap above to fill. A lot of confluence and the stars aligning for a good multi-day/weekly bounce out of OS conditions
GNLN Vape Industry Going to Boom all the way to earnings 7.50+You will see that fall is one of the best seasons for the vaporizer, and cannabis industry. Greenlane holdings is going to prosper this quarter to give you guys the best EPS they've ever had out of any quarter. If you have #stock inside #GNLN stock you will want to #invest in the #vaporizer #company so you can do a good #call #strategy with #options.
TLRY: Time to get high?Just bought Tilray🌿 stocks @ 12.22, currently at trendlines & previous significant high confluence. Price needs to break up the red falling wedge. Target 122 which means 10x.
The blue uptrendline on log scale (imo false break down) and also higher volume this year shown below:
Please like👍, comment🗣️, follow me✒️, enjoy📺!
Disclaimer: I'm not financial advisor. This is not a financial advice. Do your own due dilingence.
NASDAQ:TLRY
TSX:TLRY
CAPITALCOM:TLRY
FTX:TLRYUSD
SIX:2HQ
NEO:TLRY
SWB:2HQ
XETR:2HQ
FWB:2HQ
MUN:2HQ
HAM:2HQ
HAN:2HQ
BER:2HQ
FTX:TLRY0924
NASDAQ:NDAQ
OANDA:NAS100USD
CURRENCYCOM:US100
Buy $TLRY - NRPicks 16 JulTilray Inc. engages in the research, cultivation, production, and distribution of medical cannabis and cannabinoids. The company offers cannabis-lifestyle and consumer packaged goods, offers medical cannabis in extracts and dried flower forms; and cannabis extracts, including purified oil drops and capsules.
Revenue TTM 480M
EBITDA TTM 36M
Gross Margin 35%
EBITDA margin 9.2%
RSI Oversold
#MJ: Pot stocks bottomed?There's a big weekly down trend that had ran its course in pot stocks, and the daily chart is reversing here, odds are we can squeeze 10-11 times the risk if we go long here with a stop around 16.18, it is worth a shot with something between 0.25% and 2% risk in the trade. Up to you, how much you risk on it. I'm being conservative and sticking to a 0.25% max risk if the trade fails.
Cheers,
Ivan Labrie.
IIPR Double Topped Blowoff - Valuation Matters - **WEEKLY***rising rates environment is a disaster for large cap stonks & Ponzi Pogs. BUYER BEWARE- FWD projections!!! Gems make money TODAY & years from now!!!
#cannabisreform
#jobsandjustice
#gnln
#thegem
Can't seem to edit the "monthly" on chart to "weekly"
THIS IS THE WEEKLY CHART
Planet 13 - Cannabis Reform - Valuation MattersLove Planet 13. Love the plan. Better deals as an investor exist. *valuation matters #thegem
#cannabisreform #jobsandjustice
Direct To Consumer .coms. !!!!
Akerna Breakout - Cannabis Compliance - Inventory Software A software solution for cannabis shops. Think POS solutions w/new app. Great sector. Could be a leader in the space that everyone seems to not give a care about. For Now. The Crypto Ponzi Pogs stole the 420day show in 2021. Thanks dogefather. smh
Cannabis Reform #jobsandjustice
#MSOgang #thegem
IGC India Globalization Capital bullish newsAfter the last pump and dump of IGC caused by Cohort 2 of IGC`s Phase 1 THC-Based Clinical Trial on Alzheimer’s Patients
now India Globalization Capital comes with another bullish news on the subject: the cannabis-based investigational drug IGC-AD1 was safe and well-tolerated by the Alzheimer’s trial participants!
My first target is the 2.10usd resistance.