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Marijuanastocks

$POTX My Favorite Cannabis ETF to the moonThe Top Cannabis ETF is $POTX. It consist of your top favorite cannabis companies into one ETF. Companies like Tilray, Canopy Growth, Aphria, Aurora Cannabis, and more ... Cannabis took its first hit today and we need one more to buy. When they cry we buy. Set limit orders at my horizontal lines. This stock will go to the moon and is a SLEEPING GIANT!!! The Biden Adminstration will help this fly, we have upcoming news. Be patient and dont dive in all at once because of the fomo. Alot of people are trapped at the top of marijuana stocks lets buy the bottom and meet them up there. Target $100 or better this is long term
PLong
by FreshfadeIsh
1
Tilray® to Import Medical Cannabis in the UKTilray® Announces Agreement with Grow Pharma to Import and Distribute Medical Cannabis Products in the United Kingdom Grow Pharma will distribute Tilray’s GMP-certified medical cannabis products across the UK New UK agreement gives doctors and patients access to a sustainable supply of Tilray’s pharmaceutical-grade medical cannabis products Tilray expects to have a range of GMP-certified, medical cannabis products available for patients in the UK by March 2021. finance.yahoo.com
NASDAQ:TLRY
by AlenCiken
TLRY - Bull Flag (Etoro Portfolio)Marijuana Stock rally as Jazz Pharma agrees to buy CBD maker, we used technical analysis to find out which has entry trade signal. Having a strong uptrend since Dec 2020, forming a bull flag and build up approx. 2 weeks. Break out on 2 of Feb 2021, RSI and Stoch. indicators also level at above 50% as confirmation trend in bullish. I have trade at price 18.11 (can refer to Etoro), next day price open gap jump up. Used Fibonacci Extension to project 1.618 and 2.0 as taking profit level. ===================================================================================================================== I will be popular investor in Etoro, take a look of my portfolio and copy me to start the trading journey. My Etoro Profile: www.etoro.com Etoro Registeration Link: etoro.tw
NASDAQ:TLRY
by ginlin84
Is EXP trading in a Bullish Flag??It appears as though EXP is consolidating into a Bullish Flag in Dark Blue with a Cup and Handling forming Dark Green, two inherently bullish patterns. This could always be a descending triangle, but when looking at EXP on a long-term chart there's a noticeable bullish cross on the KST, not apparent on the shorter-term time frame I am currently using, just something to keep in mind. On the RSI it looks similar to the price action, there's no divergence and the indicator is in a neutral area.
ELong
by ScotianBot
MedMen: Wyckoff Accumulation PatternMedMen(MMNFF) has formed a Wyckoff Accumulation Pattern and is currently creating a potential ‘last point of support’ pattern in Phase C after a recent ‘spring’ and ‘test’ of the spring. Price is currently below a resistance level(red) at .22c which stems from a price peak made in September of 2020 and then again in December of 2020. Price must move above the .22c level before more gains can be had. The expected move going forward for price to continue pushing higher into a ‘build up’ pattern and eventually push on up toward the lower resistance line near $0.40/share. The blue line represents the anticipated path for price.
MLong
by PrepForProfit
1
Tilray Rally As Georgia Runoffs Signal Democratic SenateMarijuana Stocks Rally As Georgia Runoffs Signal Democratic Senate Tilray, Inc. surge on hopes Democrats' win in Georgia could spark US legalization Tilray, Inc. surged on Wednesday following the early results of Georgia’s key Senate runoffs that could open the door to federal cannabis reform. With Democratic candidate Raphael Warnock claiming victory in his race against incumbent Sen. Kelly Loeffler (R -GA) and Democratic challenger Jon Ossoff winning his race against GOP Sen. David Perdue, Democrats took control of the Senate. That fuels hopes that prior roadblocks, including refusal on the part of Senate Majority Leader Mitch McConnell to bring cannabis reform bills to the chamber, could be removed to move legalization efforts forward on a national level. the change of Senate control would catalyze constructive changes for the sector. Democratic control of the Senate, “could help provide better access to capital, alleviate operating headwinds, and help drive industry growth.” more moderate reform could come first, perhaps in the form of a modified Strengthening the Tenth Amendment Through Entrusting States (STATES) Act, which could allow cannabis companies to access traditional banking and financial services and alleviate burdensome federal taxes. “To the extent that the industry is presented with an opportunity to lobby for either of these measures, we would expect a consensus to form around the STATES Act over the MORE Act,” she said. finance.yahoo.com Key to that growth will be the speed in which states that voted to legalize cannabis set up policy frameworks, and at a federal level, which policy proposals receive the largest attention from legislators. potential reforms range from mild banking reforms through the SAFE Banking Act, which would allow the industry to tap traditional financing and banking, to more progressive agenda goals like federal decriminalization and criminal expungements through the Marijuana Opportunity Reinvestment and Expungement (MORE) Act. A combination deal could also be pushed through. With New Jersey legalizing through a ballot initiative this November and New York increasingly looking likely to follow with legalization, according to New York Gov. Andrew Cuomo’s State of the State address. finance.yahoo.com
NASDAQ:TLRY
by AlenCiken
ACB: 1 Week Analysis Hints at Strong Upside PotentialHello All. Aurora Cannabis is starting to catch eyes of many. After a major year in 2017, ACB has had a rough last couple years with the price falling as much as -97%. The charts are showing the blood is behind us and blue skies ahead for the cannabis industry in the upcoming years. With the recent election of Joe Biden, the house and senate are now both democrat. They have the ability to easily push through any bill decriminalizing cannabis. With more decriminalizations throughout the USA. This is a positive push for cannabis stocks all around. More legalizations, more users, more profits for companies like ACB and TLRY. In addition, the supply of cannabis products has been declining the last few years. Higher demand means higher supply is needed. If higher supply is needed, production is going to have to ramp up. Now on to the technical side. Just by looking at the last 2 years, we can see by using candlestick analysis, the price action has been curving around forming an obvious bottom. In the recent months, ACB has came off its lows starting to revive back into its big volume/liquidity zone around $10-$20. The price action has been forming a bullish pennant since September of 2020. That bullish pennant has broken out and confirmed that breakout (retest) in the recent weeks. 12$ is a big resistance zone for ACB. The price is currently flirting with that level as some positive news was released today. Aurora announced an agreement with Great North Distributors Inc. for Canadian retail sales execution. This creates less resistance for ACB to get their products to their consumers. Using the Fixed Volume Range Profile tool, we can see that the last BIG volume resistance zone is around the $20 price mark. Once that is cleared ACB share price can see a similar movement as we saw in 2017. This potential large price increase is due to the lack of volume & liquidity throughout the $22 to $50 price range. This also can be referred as a liquidity void. Lastly, looking at the relative strength index (RSI), we can conclude a multi year down trend has been cleared and held in the recent months. It is now stretching past the 50 zone which is an easy indication of a bullish or bearish trend. Thank you all ! Please share your thoughts below and like this post if it meets you well.
ALong
by traderview2
7
MJ Analytics generates six figure sales increaseMJ Analytics, an Akerna product built on Domo's modern BI platform, generates six figure sales increase Within less than 90 days of launching MJ Analytics, the platform has generated a six figure increase in sales and helped clients reduce manual reporting workflows by 90% through the use of scheduled reports. With a 95% positive product feedback based on recent surveys, MJ Analytics is proving its value as a first-of-its-kind actionable insights product. Since launch, MJ Analytics has: Processed a total of 5.1 million queries Averaged 3.6k queries a day with peaks of 20k queries during month ends Signed up 40 clients for Premium Analytics, through either a trial or paid subscription finance.yahoo.com New Year's Eve Marks Biggest Cannabis Sales Day of 2020 The Christmas holiday period (12/18-12/24) generated $427 million . Traditionally, the Friday preceding Christmas is the biggest sales day of the period. However, this year the Wednesday before Christmas (12/23) saw the most significant bump in sales with a 76% increase in daily sales. Totaling $87.3 million, the Wednesday before Christmas was the third-largest sales day of the year, only slightly behind Green Wednesday with $87.4 million. Previously projected to see depressed sales due to an anticipated decrease in group gatherings and parties as the result of COVID-19 restrictions, New Year's Eve exceeded all expectations. The year-end holiday saw approximately $89.4 million in sales, easily surpassing Green Wednesday and becoming the biggest cannabis sales day of the year. finance.yahoo.com
K
by AlenCiken
GRWG Breakout of Bull FlagThis stock has been moving higher and looks great. Due to the spread on options, I purchased 100 shares on a bull flag breakout. I have set alerts. The company sells products in the marijuana industry. Will keep eye on it, seems like a growing area and may turn out to be a long term investment opportunity...will continue to study it but for now target is about $18 higher from the bull flag. MACD is not confirming so a bit more risky and volume not huge here as of today. Could be fake out - on scale of 1-10 ...it is a 6 breakout vs a higher point so more risk possible.
NASDAQ:GRWGLong
by Vince