We see a large amount of potential in Cannabis stocks as Cannabis has moved from illegal to a multi-billion dollar business. Aurora cannabis is of particular interest as it has grown remarkably as Canada legalised cannabis in Oct 18 and the firm made a number of key aquisitions and is planning the acquisition of Hempco Food and Fiber Inc furthering the firm's...
At only $450mcap is Corbus Pharmaceuticals undervalued?
1) Corbus is different from other cannabis stocks as they are designing therapies around marijuana to treat fibrotic diseases. If these therapies work, some analysts put the value of their potential sales at $2bn a year.
2) At a small marketcap of $450m, Corbus could be a real untouched gem in the cannabis...
The news release from Tinley today was enough to test the resistance level at roughly 85c to 86c, which is the top of an Ascending Triangle!
It would be nice to see Tinley break through this resistance flush tmrw, Friday, or possibly next week & consolidate above the Ascending Triangle.
There's not much resistance until 1.13$ CAD if Tinley can breakout of this...
The daily range continues to tighten on CSE:SPR as we await the news on their potential beverage partnership. Investors are certainly at the whim of this deal and those who are long hope it's favorable.
Bull entries are still possible but be sure to have an exit plan in case the beverage deal does not materialize or is not up to expectations. A bear brake of the...
With the Cannabis sector on a decline we have a nice triple top pattern forming. Once TSXV:VIVO breaks through the neckline, the potential bullish bat play will be out the window. If we break through and retest the neckline then we can expect to see a move to the downside in equal distance as from the neckline to the top. I am not one for shorting but I am...
-Held support from yesterday by 11 cents @ 17.40
-Broke resistance @ 17.93
-Short term hourly support @ 17.90
-If it doesn't break 18.76 (daily resistance), it's just a daily lower high keeping the overall downtrend in tact
Medmen stock has been hammered by lawsuits due to alleged negligence by the company executives. All lawsuits and Bear warnings have been baked into current price. There is great potential for the company to succeed if they can get past all the negatives. The current size of the California cannabis market alone is the equivalent to the entire Canada cannabis market...
Medmen stock has been hammered by lawsuits due to alleged negligence by the company executives. All lawsuits and Bear warnings have been baked into current price. There is great potential for the company to succeed if they can get past all the negatives. The current size of the California cannabis market alone is the equivalent to the entire Canada cannabis market...
No Joke. ... cause it's that day, ehhh, ok. so;
We could find support at the current level, on the 786, but if we don't it's likely a more complex correction that just might land in the golden zone, possibly maybe.
>>>I'm a noob in the #mj markets but this is a classic wait and see for me in my own opinion here basically mostly based on my own opinion which is...
Congrats to anyone who acted on my previous post on CSE:SPR !!!
The company has released a presser stating they are in talks with a beverage company and are optimistic about a deal being concluded within the month of April.
This is the highest closing price ever, on HUGE VOLUME, and the all time high is not far away. Can the run continue? Hard to say...
Above...
