Without further ado, let’s get started.
Adding This Tool to Your Trading Arsenal Will Help You Bottom Pick Pot Stocks More Effectively
Put this plan into action with four simple steps.
Technical Chart Examples:
- Aurora Cannabis (TSX: ACB) (NYSE: ACB)
- Cronos Group (TSX: CRON) (NASDAQ: CRON)
- Canopy Growth (TSX: WEED) (NYSE: CGC)
Investors Can Apply the ‘Moneyball’ Approach to Unlock Value in These Pot Stocks
Baseball and investing are both math-heavy games with a lot of ratios to look at.
As we get closer to baseball playoff season, let’s evaluate which players in a cannabis stock portfolio have what it takes down the stretch.
Investors aren’t buying the growth story of cannabis stocks anymore. They are getting impatient and want to see a clear path to profitability now.
The Company’s Turbulent Ride Continues + Full Timeline of the CannTrust Saga
It’s been a tough year for CannTrust (TSX: TRST) (NYSE: CTST) and its shareholders to say the least. TRST stock has lost over half its value since the company first announced it breached Health Canada’s regulations in early July of this year.
Since that point, it’s been all downhill for the once-great Canadian licensed producer. As the old saying goes, ‘when it rains, it pours’. That certainly rings true for CannTrust in 2019.
Curaleaf Continues To Make Meaningful Progress On Its Acquisition Strategy
Curaleaf Holdings (CSE: CURA) (OTCQX: CURLF) announced that it completed the acquisition of Glendale Greenhouse, a vertically integrated cannabis business in Arizona.
The signing was announced earlier on June 27, 2019. The dispensary will be rebranded as Curaleaf.
Shares of Canopy Growth (TSX: WEED) (NYSE: CGC) were rising after the company announced that it has received a license from Health Canada for its KeyLeaf Life Sciences facility in Saskatchewan.
“With this milestone, we are executing against the vision of making strategic investments today in order to deliver results over the long term,” said CEO Mark Zekulin.
Tilray inks contract to ship more than $3 million in medical cannabis to Germany
Tilray (NASDAQ: TLRY) has signed its first agreement to supply a European Union country with cannabis from its recently opened facility in Portugal.
The leading marijuana producer is advancing its beachhead in hemp-based CBD
Aurora Cannabis (TSX: ACB) (NYSE:ACB) is expanding its empire.
The marijuana titan announced on Monday that it completed its acquisition of Hempco Food and Fiber.
Billionaire Hedge Fund Manager Jim Simons Has Entered the Cannabis Sector in a Big Way
Does Simons’ Large Investments Align With Leading Analysts Expectations?
“When it’s Cheap You Buy More”
The former CEO of Canopy Growth (TSX: WEED) (NYSE: CGC) Bruce Linton announced in an interview that he recently purchased additional shares in the company he founded despite recently being fired as CEO.
Does Linton’s New Investment Signal a Bottom in Cannabis Stocks?
Move over Canopy. The world’s largest cannabis company is set to IPO in less than 30 days.
Get the full details here so you don’t miss out on the next potential 10 bagger.