Get started

Cannabisstocks

Supreme Cannabis Company: ProducerReentry price levels to watch. Short term short looking for price entry. Description The Supreme Cannabis Company, Inc., a development stage company, engages in the production of medical cannabis in Canada. The company was formerly known as Supreme Pharmaceuticals Inc. and changed its name to The Supreme Cannabis Company, Inc. in December 2017. The Supreme Cannabis Company, Inc. was incorporated in 1979 and is based in Toronto, Canada. News: finance.yahoo.com Highlights: (1) Supreme Cannabis’ fourth quarter revenues were $3.55M, 71% greater than its third quarter of $2.07M. The fourth quarter represents an annualized revenue run rate of $14.2M which trails the industry leaders for now, but is already greater than other notable industry names such as Cronos Group and The Green Organic Dutchman. (2) Revenues for fiscal 2018 were $8.85M, which is one of the best first four quarters of revenue among all licensed producers including market leaders like Canopy Growth and Tilray Inc., who recorded revenues of $1.9M and $6.9M, respectively, in their first four quarters of sale. (3) Supreme Cannabis trades at a significant discount to others when comping revenue Current Total Square Ft: 304,920 Future Total Square Ft: 304,920 Location: Kincardine, Ontario, Canada Website: www.supreme.ca Number of Employees: Unknown Market Cap: 435.729M Ave Volume: 507,741
SShort
by Charts_and_Such_1
8
Tilray to $260+ by end of 2018 TLRY LongThe ascending triangle is most often a continuation pattern, so we should expect a bullish break to US $260 by the end of the year if the pattern plays out. This is support by Tilray's plans for global expansion and the decision today to legalise recreational use of marijuana in Canada. Recently the Tilray price has dropped despite a lot of good news for the marijuana industry in Canada. I believe this is because of lot of people are profit taking at these levels as they invested a while back when the price of Tilray (TLRY) was much lower.
NASDAQ:TLRYLong
by James_Winsoar
MedMen Enterprises Inc: Largest US Producer Description MedMen Enterprises Inc., together with its subsidiaries, operates as a cannabis company in the United States. The company cultivates, produces, possesses, uses, and distributes/retails cannabis in the recreational and medicinal cannabis marketplace. It owns and operates 19 licensed facilities in California, Florida, Nevada, and New York. The company is headquartered in Culver City, California. News: MedMen acquired PharmaCann in a $682 million blockbuster deal, which will create the largest public cannabis company in the U.S. Current Total Square Ft: 4,100 Future Total Square Ft: 49,100 Location: Culver City, California, USA Website: www.medmen.com Number of Employees: Unknown Market Cap: 3.361M Ave Volume: 597,268
MShort
by Charts_and_Such_1
APHRIA Inc: ProducerReentry price levels to watch Description Aphria Inc. produces and sells medical cannabis in Canada and internationally. The company offers sativa, indica, and hybrid medical marijuana products, as well as cannabis oils. It serves patients, health professionals, and veterans. The company sells its products through its online store or phones, as well as engages in the wholesale shipping of cannabis plant cuttings and dried buds to other licensed producers. The company calls itself one of the lowest cost producers of marijuana. In April 2018, their stock surged after the company announced that it had struck a deal to sell its products through the online site of Shoppers Drug Mart, a major Canadian pharmacy chain. News: U.S. tobacco giant Altria Group Inc. (115 billion market cap), offers cigarettes primarily under the Marlboro brand; cigars principally under the Black & Mild brand; and moist smokeless tobacco products under the Copenhagen, Skoal, Red Seal, and Husky brands, is in talks to acquire an equity stake in Canadian cannabis grower Aphria Inc., multiple sources say. Current Total Square Ft: 100,000 Future Total Square Ft: 1,000,000 Location: Leamington, Ontario, Canada Website: aphria.com Number of Employees: 300 Market Cap: 3.556B Ave Volume: 1,689,963
AShort
by Charts_and_Such_1
1
AURORA Cannabis Inc: Producer WEEKLYReentry price action levels to watch Description Aurora Cannabis Inc. produces and distributes medical cannabis products in Canada and internationally. It is vertically integrated and horizontally diversified across every principal segment of the value chain, including facility engineering and design, cannabis breeding and genetics research, cannabis and hemp production, derivatives, value-add product development, home cultivation, wholesale, and retail distribution. Aurora received a license to sell cannabis oil in Jan 2017 & in In May 2018, Auror Cannabis purchased MedReleaf Corp. for 2.5B News: First LP to launch a high-potency, vape-ready CBD oil product line. Launched today under the brand Aurora Cloud, the first products released contain over 550mg of CBD and less than 30mg of THC, making them the only vape-ready CBD products legally available in Canada. Current Total Square Ft: 143,000 Future Total Square Ft: 943,000 Location: Cremona, Alberta, Canada Website: auroramj.com Number of Employees: 171 Market Cap: 9.527B Ave Volume: 4,922,898
AShort
by Charts_and_Such_1
OrganiGram Holdings Inc: OGRMF WEEKLY CHARTPrice levels to watch. Description OrganiGram Holdings Inc., through its subsidiaries, produces and sells medical marijuana to individuals and physicians in Canada. It offers marijuana plants, seeds, and cuttings; cannabis oil; and dried flower and cannabis. The company sells its products through phone and online store. It also operates healing centers that offer treatments for post-traumatic stress disorders, chronic pain, and trauma therapy. In addition, the company exports its products. OrganiGram Holdings Inc. was founded in 2013 and is based in Moncton, Canada. News: www.newswire.ca Current Total Square Ft: 227,500 Future Total Square Ft: 428,725 Location: Moncton, New Brunswick, Canada Website: www.organigram.ca Number of Employees: 261 Market Cap: 660.702M Ave Volume: 784,028
OShort
by Charts_and_Such_1
Canopy Growth Corporation: LARGE cannabis producerReentry levels to watch Description Canopy Growth Corporation, together with its subsidiaries, engages in growing, possession, and sale of medical cannabis in Canada. Its products include dried flowers, oils and concentrates, softgel capsules, and hemps. The company offers its products under the Tweed, Black Label, Spectrum Cannabis, DNA Genetics, Leafs By Snoop, Bedrocan Canada, CraftGrow, and Foria brand names. It also offers its products through Tweed Main Street, a single online platform that enables registered patients to purchase medicinal cannabis from various producers across various brands. The company was formerly known as Tweed Marijuana Inc. and changed its name to Canopy Growth Corporation in September 2015. Canopy Growth Corporation was listed on the NYSE in May. Current Total Square Ft: 598,000 Future Total Square Ft: 1,268,000 Location: Smith Falls, Ontario, Canada Website: www.canopygrowth.com Number of Employees: 1,435 Market Cap: 12.206B Ave Volume: 9,867,500
CShort
by Charts_and_Such_1
Is Shopify going to be the Amazon of the Dope Game?Rumors Shopify is a platform that allows small businesses to launch e-commerce websites, so who knows online retail better than them? shopify-weed-biz.jpg Shopify SHOP:CN is a Canadian e-commerce powerhouse. Kylie Jenner made almost a billion dollars and guess which platform is credited with helping her do the most in the make up game? In February of this year news came that it would be partnering with the Ontario Government to handle online cannabis sales with the provincially run Ontario Cannabis Retail Corp. This is probably one of the better moves by the Government, because they are known to be literally the worst at making business decisions. ocs_primary_logo_reg-768x292.jpg I mean, who pays $700k for a logo that looks like this? Bruh, I could have done that shit in paint. Holy Face Palm Emoji Batman. OK, so there was some other marketing wrapped up in that deal but let’s just say that Ontario tax payers and blunt smokers alike should have been happy about the Shopify news. Anyways, the news in Feb sent SHOP stock soaring to new highs and was baked into the price at the time. After a recent pullback, the stock is now moving back to its all time highs. This is because there are many new articles coming out about the impact that Cannabis will have to SHOP’s bottom line. At this time, several Canadian provinces have picked Shopify to run their e-commerce websites and the company has also signed deals with marijuana companies including Canopy Growth Corp. This has the stock up about 3% at the time of this writing. This is an abbreviated synopses of my thesis for investing in this stock. A detailed and rigorous analysis relying on trusted information from various sources and analysis tools learned over time is always present in the decision making of these equity choices, but omitted for proprietary reasons. Fundamentals Everybody knows that Cannabis is the new frontier. The once taboo “drug” has now become mainstream, and investors cannot wait to jump in to companies that produce, refine or sell it on the retail level. Shopify is not a cheap company by any traditional metrics. We normally like to buy good companies that are growing fast when they are cheap, so caution is warranted here. However, this company is doing 9 Billion dollars in sales a quarter and is growing at 56% a year. That being said, the numbers are growing like weed (ha), even without the company slingin’ herb on the side. The potential for this to entice investors to jump in the stock and set the stock a blaze. Ok, I’ll stop. If these deals fall apart it is difficult to justify a valuation of over $120. In a down market this kind of stock can fall to $40-50 easily. The trading range on this stock is wider than my waistline after Thanksgiving Dinner. Technicals Technically, the stock has consolidated after a pullback from what looked like a double top in early august and has reversed that pattern, which is typically very bullish. This is because when there’s a technical pattern that easy to recognize, technical traders rush to short the stock. As that pattern get’s invalidated, those short sellers have to cover their positions and buy back the stock. See the chart for a quick TA and trade breakdown.
TSX:SHOPLong
by LIfestyleConnect
Will Coca-Cola be the next big player in the Cannabis Market?Aurora ACB:CN is a Canadian Cannabis stock that is up 15% today on news it’s in talks with Coca-Cola, about starting a partnership in the weed game. Imagine going to the corner store or wherever beer, wine & liquor are sold and seeing Cannabis infused drinks beside your Bud Light or Corona. I’ve been asked by many of my subscribers to publish my picks, in real time. Unlike most pundits, analysts and personalities, I will be doing so in an open and transparent way, so that I show my process, win or lose. One thing for sure is that Coca-cola does it BIG, so any deal for Aurora will be huge and have immediate impact on the companies earnings. MOST CANNABIS STOCKS ARE OVER VALUED AND OVER HYPED. THIS IS A RISKY TRADE. PLEASE CONSIDER RISK OF LOSS BEFORE CONSIDERING TO PURCHASE THIS STOCK WITH ME. PLEASE ALSO RISK ONLY WHAT YOU CAN AFFORD TO LOSE. At the time of this writing, Aurora is trading at $9.86. I have purchasing 2000 shares on the open market. Here are my trade parameters, for your consideration. MY BUY PRICE: $9.73 BUY RANGE: $8.00 - $10.50 1ST TARGET: $24.50 - $15.90 2ND TARGET: $28.00 - $32.75 (if a deal actually gets done) STOP LOSS: $7.20 - $7.60 Notice: Stocks like this can move very quickly, so experienced traders may want to use a mental stop zone, so they are not whip sawed out of a trade. Inexperienced traders may choose to put a simple limit at $7.50 and not re-enter the trade if stopped out. If the rumors fall apart, I will be exiting the trade at those prices. While Aurora has not gone hyperbolic like other stocks in the sector such as Tilray (TLRY:US) and Canopy (WEED:CN, CGC:US), it is important to note it should not be worth more than $3, even with a generous fundamental valuation. This sector is on fire and completely controlled by momentum traders and speculators.
TSX:ACBLong
by LIfestyleConnect