Chart comparing cannabis beverage companies stocks.Since July 2019 it appears as though BevCanna is the top-performing beverage-related stock, which Is very telling of the market considering BevCanna has 0 cannabis beverages available and 0 U.S assets or licenses.
To each their own, let's see how this chart looks this time next year, glta.
I would add VIDA & DIXI but they have disappeared into the P&D abyss.
HEXO
Short Activity Report - GreenWe have a green report. As we move inside the squeeze, we are finding a sgtrong support around 51 and targetting the heavily shorted area of 60 bucks. We see no short activity on the exchange , the last being the 17th of this month around 60 bucks. We will accelerate to 80 once we get a clean break through 60, which will be followed by a small retracement to give you entry for the next sideways movement in the squeeze in the 60 to 80 range.
Top squezes NKLA TLRY SNDL AMC HEXO
Green No shorts in sight - Bullish
Yellow Some shorts - Healthy sideways movement
Red Heavily shorted, inminent correction
Best investment advice: I tell you before, not after.TXMD:
If you think mid term (swing trades) or if you are looking for a long term investment, in both cases this is still and again a good choice.
Just look at this weekly chart, this is about 10 years in front of us. Right now TXMD is way undervalued! Very cheap, on sale, seriously. Analysts target consensus is about $7 if you look it up, you'll see, at lest $4 (for the pessimistic). I think right now this stock is worth about $4 (just like LXRX), not in a year, but NOW, and my 2 year outlook is still around $7 as I said last time. It could spike higher, could stay higher, but I tend to be conservative.
Summarized:
Good company, good products, always needed (no matter the economic situation, market conditions or inflation rates).
However you look at it, this is a stable investment, so I consider it highly recommended. STRONG BUY, boys and girls , this is a strong buy indeed. Do your own research and you'll see the ratio of insiders holding the stock (and the spread between them) just perfect and institutions also holding quite some (BlackRock and alike).
This is still an unknown stock to the public I suppose, but we could change that too. I mean apes, retards, here comes something that you hear about beforehand, and not when it's too late! No manipulation here, it's just a good company and very undervalued. I really like the stock.
To da moon! :D
Other thoughts/ideas:
Only about 4% of the SPY is undervalued now, about 50% overvalued and the rest may be neutral, not to mention the Buffett indicator. We are at all time highs. So not that easy to invest these days if you wanna sleep good.
Lemonade (LMND) with a stable, disruptive, working business model has a very good chance to thrive soon and in the long run but it's a long term investment and I do not recommend to speculate and sell any time but but just hold and buy more when it goes down, it's a very good growth stock that just started so we really are at the beginning of it. In 5-10 years you'll get rich, highly likely. Think like the next Tesla.
HEXO is also the future! They open new markets gradually and always target the top in quality at a low competitive price (already winner), so no other chance than to succeed for them. Also, HEXO is vertically integrated, that is a good sign in my opinion in terms of profitability and sustainability business wise. I mean this is a stable, independent business model. Look it up, you'll like it. I see it as the next Coca-Cola.
And the boring, official text (if you have no clue what TXMD is):
TherapeuticsMD, Inc. is a women's healthcare company engaged in creating and commercializing products for women. The Company is focused on pursuing regulatory approvals and pre-commercialization activities necessary for commercialization of its hormone therapy pharmaceutical products. Its drug candidates used in clinical trials are designed to alleviate symptoms of and reduce health risks resulting from menopause-related hormone deficiencies, including hot flashes, osteoporosis and vaginal discomfort. With its SYMBODA technology, it is developing hormone therapy pharmaceutical products to enable delivery of bio-identical hormones through dosage forms and administration routes. Its product line includes vitaTrue, vitaPearl, vitaMedMD Plus, vitaMedMD One Prenatal Multivitamin, vitaMedMD Plus Rx Prenatal Multivitamin, vitaMedMD One Rx Prenatal Multivitamin, vitaMedMD Iron 21/7, vitaMedMD Vitamin D3 50,000 IU, BocaGreenMD Prena1 Pearl and BocaGreenMD Prena1 Chew.
HEXO DD - The Next Big Cannabis StockMerger Closes Q3 2021
Shareholders Proposal in August 2021
HEXO Acquires Redecan.
www.globenewswire.com
“Redecan’s unwavering focus on the consumer, along with lean operating principles and highly efficient automated manufacturing technology, have allowed us to establish a significant presence in the Canadian market,” said Redecan co-founder Will Montour. “We’ve now entered a phase where scale is key, and our complementary consumer bases, brand portfolios and distribution relationships can enhance financial performance.”
Redecan brings leading manufacturing, automation and packaging capabilities, resulting in some of the most consistent, efficiently produced and innovative products in the industry. Its highly efficient proprietary pre-roll technology has supported some of the highest product gross margins in the industry.
seekingalpha.com
Redecan’s differentiated product portfolio includes top selling oils and capsules, and
leadership in the pre-roll category.
Key is Redecans best in class pre-roll automation of the Redees brand.
redecan.ca
Redees are the Hottest selling preroll in the Ontario Cannabis Store and always out of stock at the local cannabis stores.
Redecan Failed Acquisition.
Alta Vista was to acquire Redecan for 9.5 million in 2015 (before preroll advancements)
Redecan had Previous Acquisition partners in the past including Alta Vista Ventures
investingnews.com
And this tiny cannabis company caught the eye of Bloomberg back in Feb
www.bnnbloomberg.ca
How Redecan quietly became one of Canada's biggest pot companies
* Found by Rick Redekop
* one of the biggest cannabis producers in Canada
* doesn't really have a full-time CEO
* Brother Peter runs production side as well as members of the Hill family, who are behind the Grand River Enterprises tobacco empire, joined Redecan's ownership group.
* Grand River is privately owned cigarette manufacturer empire
* Redecan has no plans to tap public markets, despite getting frequent calls to do so
"If you asked me two years ago, having this unlimited bankroll that some of these other companies had, I would have said, 'Yeah, we would [have gone public.' It would have been nice to have a little bit more money to throw around,” he said. “But I think having that big wallet kind of backfired on a lot of people."
It’s important to understand Redecans history of finding the right deal. If Redecan doesn’t think the merger will work, I would expect a sharp turnaround in HEXO.
Prior Pot Stock Merger
TLRY ran up 172% over the next 30 days to its current support level after the announcement of a merger with Aphria.
TLRY ran another 238% over 26 days during Jan and Feb Gamestop meme stock rally.
Tilray
Market Cap: 7.5B
Shares 450M
P/S 14.10
HEXO
Market Cap: 875M
Shares: 122M
P/S 9.12
If Hexo can enter the US / EU markets It’s reasonable to speculate that HEXO can run to share price of of 16.50 (150% gains) over next 30 days similar to the 170% 30 day run Tilray and Aphria Merger.
PLEASE NOTE - This is NOT FINANCIAL ADVICE! I’m NEW to charting, research, analysis and all aspects of the stock market and equities. These are only my random ideas to learn how to prepare my own long term investments through due diligence.
WEED STOCK THOUGHTS! HEXO, ACB, APHAHey everyone! Here with a video on some Cannabis Stocks I've been checking out. (THIS VIDEO, HEXO, APHA, ACB)
Day time frame: Most of the cannabis stocks are looking very similar.
-completed Market Cycle
-Down 80-100%
-lower MA's have crossed north, or are close to crossing 200MA in Bullish form
IMO these are looking like great places to invest if you wish to do so. I am no financial advisor, just a trader sharing my thoughts and ideas!
PLEASE LIKE COMMENT AND FOLLOW!
AND REMEMBER, DON'T CHASE IT, RETRACE IT!
Roadmap to Financial Freedom. Long HEX/USDHex/USD has been in an accumulation range since November. This is your last chance to enter before the next cycle begins. Long it huge -DollarB1ll
HEXO near key resistance levelHEXO just gapped in the pre market now it's holding close to the $8.56 mark. If it breaks this level with good volume, it could find little to no resistance gapping to the upside, next stop $9.16 making about 7%.
HEXO FORECAST - HEXO CORPLongs look good here and below green. Stops below white line. Targets above. THIS IS NOT FINANCIAL ADVICE. THIS IS RECORD KEEPING ONLY. DO NOT BLINDLY FOLLOW THIS TRADE.
HEXO: F/U taking partial profitsF/U from posting from June 2020 when price was $1. (link below) We may be close to a correction or top. I'm taking partial profits today. We may see further up action to the channel top. Process your way.
Bullish on HEXOHEXO is following same patterns as the rest of the cannabis big players, aka APHA and TLRY.
Cannabis is being legalized and seems to me like a huge wave is approaching. I expect HEXO to follow the trend, and being a more volatile asset it could reach TP2, then retrace to finally make it to TP3.
Which Cannabis Stocks make you more High..?It is obvious in the last 6 months a new trend started in most cannabis related stocks and most of them rewarded Theron shareholders with decent rewards..!
The front runner so far was sundial grower with +440% gain in last 6 months followed by Tilray, CNN, and Canopy.
In my view sundial and CANN can reward their shareholders with higher profits not because they are fundamentally better companies, but because of their lower market cap..!
The question is what kind of experience are you looking for???
This is just my technical view, and I wrote this because I see these stocks gaining momentum..!
I don’t promote any cannabis consumption by any means..!
Moshkelgosha
[CGC] Will be Loadin up Before Next Uptrend CrossThis is now my number two long term growth pick, recently supplanted by the winning APHA/TLRY combo. Still a better company than ACB by a good margin. OGI best value and ACB next best value though, these two been in the trenches for most of 2019 relative to the overall industry.
HEXO and SNDL still strugglin but holdin up OK, also great value there but much riskier. CRON has been very quiet but holding at a steady level at least.
I'm really loving my IIPR, YCBD and VFF pickups from a few months back too.
Kickin myself for missing GRWG, waiting for better value now.
HEXO Parabolic SetupNice upward channel, with a falling wedge - featuring as the function of the recent cup & handle formed on NYSE:HEXO .
Macroscopically, this is acting as the right shoulder of an Inverse Head and Shoulders, which takes this to $6 if this very obvious technical confluence fulfills.
$HEXO - Looking for breakoutThis guy looks poised for a pop. A break above $7 would be nice. Already in. Could also test the 20ma, in which case still has a little bit more downside. Enter wisely.
$HEXO PT ~38$ CAD before year endCopied 2017 & 2018 patterns
For this to happen, this needs to occur;
1) Hexo’s Q2 record gross revenue ~50M$ + positive EBITDA - earnings should be released around mid-march.
2) US banking and decriminalization by June
3) Canadian regs change to allow case quantity of Bev purchases - in Q3 2021
Aurora Cannabis - Mother of all Squeezes (100%+ upside)ACB about to go parabolic. Similar to Tilray, golden cross about to form between 20 and 200 day moving averages.
The last impulse rallied just shy of 250%, or $10 usd.. With the blue wave on our backs, we should easily see the same impulse of $10 which brings us to $22. There's a gap looking to be filled between $20-$24.
This stock is a Robinhooder's dream. Target price set to $24.
If the rally in the MJ sector continues, we could easily see $26, $31, or $46 in days.
Update on HEXO CORPDemocrats take control of the senate. The easiest past to legalization in America confirmed HEXO business analytics has been increasingly positive.
HEXO Ready To Move?Looking at the HEXO chart we see a nice looking symmetrical triangle that could trigger a rally if the price can close above the resistance. The cannabis sector has been getting a lot of attention lately, hence the rally in many cannabis stocks as of late. A weekly close above the $1.12 resistance could trigger prices to test the $1.75 level and above.
Hexo sitting on support morning of earningsHexo is sitting on support the morning before the yearly earnings report.
Hexo recent bull trend resistancesHexo and pot industry looking for the potential pass of a decriminalization bill in the senate