YCBD- another marijuana pneey stock lights it up LONGThe idea is on the 15 minute chart here- See also ideas for OBI, ACB, TLRY, and CGC
Germany also is pushing full legalization. A new day is dawning? Several states are working
on releasing minor offenders ( clemency and pardoning).
YCBD is risky but the potential rewards are great. As for me, a fair position with a stop loss
of 10% targets of 50%, 100% and 200%. I am in no hurry and will accept the cup and handle
as being over a relatively short period of time and so not necessarily highly reliable.
Nevertheless, i will chase some of the hottest things around- penny and low priced
marijuana stocks. (Very) HOT until they are not.
CBD
INNO Trades Steady, Outperforms the CSE25 and HMMJ Marijuana ETF$INNO.CN stock grew by +3.39% on Friday, stock opened at $0.590 and closed at $0.610, meanwhile price action is working above 20 EMA in daily chart that shows stock is bullish in nature and MACD is also showing strength in stock. RSI is close to par, indicating that current share price is fairly valued. The market cap of the company is 159.073M, and its average 3mo volume is 52k. Last week amidst pronounced downturns in major markets and indexes, INNO continued to trade steadily, and outperformed the CSE25 Composite Index alongside the TSX's HMMJ Marijuana ETF. Despite serious background volatility, the legalization of recreational cannabis use in New Jersey and its steadily progressing R&D pipeline are clear bullish indicators for INNO's LT potential
SNDL Repurchase Program Sundial announced last week a share repurchase program!
Program will commence on November 19, 2021 and expire on November 19, 2022.
Sundial Growers can purchase a maximum of 102.8 million shares, representing approximately 5% of the company's issued and outstanding shares.
Last month, Sundial announced the purchase of retail company Alcanna, which operates 171 liquor stores in Canada!
Average Volume: 99,022,325
Yesterday`s Volume: 360,765,136
My short term price target is the 1.6usd resistance.
Long term, SNDL can go to $4.
Looking forward to read your opinion about it.
Sundial Growers (NASDAQ: $SNDL) Could See High Times In 2022 🌿Sundial Growers Inc. engages in production and marketing of cannabis products for the adult-use market in Canada. It produces and distributes inhalable products, such as flower, pre-rolls, and vapes. The company offers its products under the Top Leaf, Sundial Cannabis, Palmetto, and Grasslands brands. Sundial Growers Inc. was incorporated in 2006 and is headquartered in Calgary, Canada.
$TLRY girl scout sniper*This is not financial advice, so trade at your own risks*
*My team digs deep and finds stocks that are expected to perform well based off multiple confluences*
*Experienced traders understand the uphill battle in timing the market, so instead my team focuses mainly on risk management*
$TLRY and other cannabis related stocks have finally broken out of bearish territory. My team doesn't expect this brewing bullish momentum to slow down any time soon, especially with loosening regulation around the corner.
My team entered $TLRY today at $11.56 per share and plan to take profit at $29.
Their next earnings report is expected to be released 11/8-11/12.
ENTRY: $11.56
TAKE PROFIT: $29.00
If you want to see more, please like and follow us @SimplyShowMeTheMoney
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.
VFF when was the last time you saw a Strong Buy rating ?!I think Cannabis stocks will be the next EV`s in terms of market explosion in the next few years.
Yesterday, 8/17/2021 Raymond James brokerage Boosted VFF`s Price Target to Strong-Buy from $26.00 to $27.00
My price target is 20usd.
Two days ago Village Farms International Acquired 100% of Balanced Health Botanicals, a Profitable Leader in the US CBD Category, which provides immediate access to the US retail CBD market, estimated to grow to US$16 billion by 20252 (from US$4.7 billion in 20202).
$AGSO Changes Contact Information and Prepares for Major MergerNew Address:
4250 N Sullinger NE Suite 107
Tucson, AZ 85705
www.titannrg.com
+1 520-743-3000
All the DD on the massive Subsidiaries and Merger can be found below in previous post.
Long trade on Elixinol Global (EXL)This trade truly is the epitome of risk:reward. If you look at Creso Pharma (CPH) in October-December of 2020, you will note EXL is mirroring similar price action. What this means, is that EXL is literally trading at all-time lows, and this takes into consideration the 2020 Covid Crash. I am currently in this trade with two (2) entries, one at $0.19 and another at $0.15. I will be holding this trade long term in anticipation of positive news regarding decriminalisation in the US, Canada, Europe, UK and subsequently Australia.
Good luck traders. Manage your risk.
Tilray Inc (NASDAQ: $TLRY): Marijuana Prohibition Boom 2021 🌿🌿Tilray, Inc. is a leading global cannabis-lifestyle and consumer packaged goods company with operations in Canada, the United States, Europe, Australia, and Latin America that is changing people's lives for the better – one person at a time – by inspiring and empowering the worldwide community to live their very best life by providing them with products that meet the needs of their mind, body, and soul and invoke a sense of wellbeing. Tilray’s mission is to be the trusted partner for its patients and consumers by providing them with a cultivated experience and health and wellbeing through high-quality, differentiated brands and innovative products. A pioneer in cannabis research, cultivation, and distribution, Tilray’s unprecedented production platform supports over 20 brands in over 20 countries, including comprehensive cannabis offerings, hemp-based foods, and alcoholic beverages.
OGI Canadian Cannabis Gem Hop on the train quick today is offering some nice discounts on this undervalued stock. We will see $6-$8 in the next coming weeks/ months. Recently invested in by a tobacco company for about $173 million will allow them to expand their reach and will be getting into the CBD scene. Go luck y’all lmk what you guys think!
$ECGI Purchases Cali MJ Property and Announces 1st Deliveries$ECGI Finalizing Northern California 1.7m SQ FT (40 acres) from $SGMD CEO Jimmy Chan private LMK Capital company.
LOS ANGELES, Jan. 26, 2021 (GLOBE NEWSWIRE) -- via InvestorWire – ECGI Holdings, Inc. (“ECGI” or the "Company") (OTC PINK: ECGI) today took its first steps toward the development of its special cannabis acquisition model via the closing of a definitive agreement to acquire a privately held farm, which includes a *1.7 million-square-foot Northern California property zoned for cannabis cultivation, processing and manufacturing." "The property also includes a house of approximately *2,175 square feet (the house and land collectively “Property”).
www.otcmarkets.com
The mention of the 2,175 Sq Ft house, just so happens to be included in the 6 acre zoned MJ area.
$ECGI's stated property size is 40 acres x 43,560 Sq Ft per acre equals 1,742,400 Sq ft.
You can review the original Lower Lake property listing here:
www.redfin.com
Awaiting cannabis licenses to be issued.
Also, $SGMD PR'd couple days ago that they purchased 70% of $ECGI NUGS Avenue MJ delivery service.
$ECGI Released an update today about Feb 9th deal announcing they had delivered to their first customers:
LOS ANGELES, Feb. 09, 2021 (GLOBE NEWSWIRE) -- via InvestorWire – ECGI Holdings, Inc. (“ECGI” or the "Company") (OTC PINK: ECGI), which plans to operate as Elite Cannabis Group and has been reorganized as an acquisition-oriented corporation with California-based targets of distressed cannabis assets, properties zoned for cannabis cultivation and processing, today announces its second agreement within the fast-growing California regulated cannabis market. The Company has signed a definitive management services agreement to enter the cannabis delivery business in conjunction with a California cannabis license holder operating out of Lynwood, California.
www.otcmarkets.com
"$ECGI created a wholly owned subsidiary, Nug Avenue, Inc., a California Corporation, which will hold the contract with the licensed party. The Company plans to enter into an additional agreement whereby it will sell up to 70% of the Nug Avenue unit to a third party, allowing the Company to retain and report an approximately 30% ownership.
twitter.com
"Excited to announce our first deliveries for Nug Avenue on 2/25
Check us out if you're in the LA Metro area @ Weedmaps.com. Wide selection and fast delivery. $ECGI"
twitter.com
Trade Alert: HALO COLLECTIVESuper excited about this find!
Everything you need to know is in the chart. Added some info below for your DD.
www.haloco.com
Sector: Health Technology
Industry: Pharmaceuticals: Other
Halo Collective, Inc. engages in the development and manufacture of cannabis oils and concentrates. Its operations include Oregon, Nevada, and California. The company was founded in 2016 and is headquartered in Toronto, Canada.
*COMPANY TIMELINE AS PER WEBSITE*
In 2015, launched initial production in a chicken coop in Medford, Oregon
2016
Oregon Expansion: manufacturing facility established on Clark Street
2017
Oregon Expansion: cultivation established in East Evans Creek
2018
Adding Nevada & California licenses • HLO Ventures LLC opens in NV • Halo Labs Inc (“HALO”) begins trading on the NEO, OTCQX & German Exchanges
2019
California & Nevada expansion • Coastal Harvest opens in • Southern, CA Acquired Type 11 distro & Type N License in Northern, CA
2020 (Q1 Q2)
International Expansion • Bophelo Bioscience in Africa • Canmart in UK • Canna Park established in Ukiah with expansion at UVI • Los Angeles Retail
2020 (Q3 Q4)
No 1 Position in OR • Halo acquires Winberry Farms, which on a pro forma basis makes Halo the largest seller of wholesale cannabis products in Oregon • Publicize intent to enter psylocibin sector
Latest
Reported record third quarter 2020 financial results and positive EBITDA / operating cash flow
Park some $$$ here and watch it grow!
*Please leave a like if you find this useful, thanks!*
HMMJ - what to do on Tuesday? Buy or Sell?All TP's was done from prev Idea.
Now we stay on TP1 or 14$ support line.
What to do on Tuesday if you buy on 18$+ or want to buy?
We have 3 scenarios:
1) Panic sell continuance. My SL right now on 13$ lvl. The best idea here close the position by SL if we drop under 13$.
2) Bullish: we consolidate or start growing to 16$ and break out to 18$.
3)Bearish: We re-test 16$ and go down.
So I recommend (If you already in the market like me) be ready to close your position by SL or on ~16$ if we not breakout up this lvl.
HMMJ ETF contains:
19% Aphria - Stay on W support.
16% CANOPY GROWTH - stay on W support.
11% GW PHARMACEUTICALS PLC. - HOLD/bullish
11% CRON - stay on his support.
So I think we will rebound from support lines for 10-20% gain for minimal. And after that, we will see what to do next.
LONG INVESTMENT ALERT: URBAN-GROURBAN-GRO
I think this might be a big one folks...
Excited to be first post on this ticker since it recently got listed on NASDAQ.
It seems like it could pay off short term but def a LONG hold here.
I believe if you have any pot stocks in your portfolio this would definitely be a good addition. (i.e:CRCLBF/UGRO/SMG/SNDL/CGC)
*Please like if you find this post useful ALSO if you have any insight on this company feel free to post a comment, thanks*
www.urban-gro.com
Sector : Commercial Services
Industry : Miscellaneous Commercial Services
Urban-Gro, Inc. is an agricultural technology systems integrator. The firm engages in manufacturing, distributing, and selling lighting, pest management, fertigation, and water and other products to the medical and recreational cannabis industry in states where operation of a cannabis production facility has been legalized. It also provides full design and expertise on climate and automated control of fertigation and irrigation systems, lighting systems, environmental, substrate and inventory monitoring, water treatment systems, and integrated pest management solutions. The company was founded by Bradley J. Nattrass and Octavio Gutierrez on March 20, 2014 and is headquartered in Lafayette, CO.
MICROCAPS - CANNABIS - MOMENTUM/TECHNICAL - CBDD - Explosive- Cannabis is booming, ride the trend, trade the momentum
- Explosive movement ahead, looking at sector darlings like TLRY, ACB, and SNDL
- These cannabis stocks are always heavily shorted as well
- Good pennystock + cannabis play (2 Trends in 1), if you dont want to chase the big names
TP1: 0.52
TP2: 0.835
Long term: 10+ ???