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Marijuanastocks

Cannabis Stocks Crash /Tilray: Boom And BustTilray is one of the cannabis companies that saw its shares rise massively prior to legalization in Canada, but shares have gone down a lot since then. Tilray (TLRY) is based in the Vancouver Island town of Nanaimo, Canada, where the company is responsible for "cultivating and delivering the benefits of medical cannabis safely and reliably," according to its website. As with much of the marijuana industry, Tilray is losing money as it tries to expand in Canada and globally. The company has a presence, of some kind, in at least 12 countries. But it has lost money over the past six quarters. Tilray (TLRY) reported 2019 Q3 results that were mixed with strong medical sales and struggling recreational sales in Canada. The company sold more than double the amount of cannabis it did last quarter but average pricing also dropped 30%. More importantly, the company's weaker balance sheet will become its biggest near-term impediment to growth. Disclaimer: We are not registered or licensed in any jurisdiction whatsoever to provide investing advice or anything of an advisory or consultancy nature, and are therefore are unqualified to give investment recommendations. Always do your own research and consult with a licensed investment professional before investing. This communication is never to be used as the basis of making investment decisions, and it is for entertainment purposes only.
NASDAQ:TLRY
by CryptoTrend-Alerts
13
Cannabis Stocks Crash / Lawsuit Against HEXO Corp.A LEADING LAW FIRM, Announces Filing of Securities Class Action Lawsuit Against HEXO Corp. - HEXO According to the lawsuit, defendants throughout the Class Period made false and/or misleading statements and/or failed to disclose that: (1) HEXO's reported inventory was misstated as the Company was failing to write down or write off obsolete product that no longer had value; (2) HEXO was engaging in channel-stuffing in order to inflate its revenue figures and meet or exceed revenue guidance provided to investors; (3) HEXO was cultivating cannabis at its facility in Niagara, Ontario that was not appropriately licensed by Health Canada; and (4) as a result, HEXO's public statements were materially false and misleading at all relevant times. When the true details entered the market, the lawsuit claims that investors suffered damages. Disclaimer: We are not registered or licensed in any jurisdiction whatsoever to provide investing advice or anything of an advisory or consultancy nature, and are therefore are unqualified to give investment recommendations. Always do your own research and consult with a licensed investment professional before investing. This communication is never to be used as the basis of making investment decisions, and it is for entertainment purposes only.
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by CryptoTrend-Alerts
1
HEXO. ITS TIME TO EAT FAM. BUY NOW, PROFIT LATER.HEXO Majorly Oversold. Pot Bubble POPPED. Bottom is sunken in. Weak hands shook. Time for the big daddy's to take a TURBO LONG. Buy when Blood is in the streets (and we are past a massacre) There is huge bullish divergence on RSI This is support zone KNOWN from WAY back. Sunken GAP that will be filled for T4 This will take few weeks to play out. Easy Money here. If you wanna win, Follow me. Say less, lets get this bread. BUY NOW, PROFIT LATER. ________________________ PREMIUM XSR SIGNAL: Entry: $1.80-$.196 Target 1: $2.25 Target 2: $2.59 Target 3: $3.00 Target 4: $3.58 _______________________ Remember, "WE DON'T HIT STOP LOSSES, WE HIT TARGETS" - LL XSR <3
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by XSEANRYAN
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
TNY Chart.Just a bunch of lower highs since late April / May PP. Anytime we've tried to get over the 200 Day MA since April, we've been knocked back down like whack a mole. In order for Tinley to change this trend they're going to need some material news, very simple... Otherwise, it will be a slow bleed down into the single digits, IMO. Let's not forget that the entire cannabis sector has been bleeding for months on end, and surprisingly TNY has held up nicely in comparison to many other much larger companies... But we can only pat ourselves on the back for so long.... Time will tell per usual
CSE:TNYLong
by ScotianBot
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
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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