Get started

Marijuana

MJNA is going to go through the roof IMO 😳OMG, this is finally happening folks. The house passed the marijuana banking bill, and the senate is now dem controlled. The act passed with 76% approval in the House. If the Senate can get the same level of support, this bill will pass whether the president wants it to or not. Who knows, the President may support this bill. I've been waiting a decade for this news. 😵 Tomorrow is the time to get on the boat. 😳
OTC:MJNALong
by Shouldabeenabillionaire
3
Please don't waste more time or money. ...ACB Hello, I did this analysis because I am losing 50% of my entire portfolio at the moment with ACB, my opinion is that ACB has no future. its graph is very bad. it is very sensitive to financial markets. freaks out over very little things or nothing. Every resistance breaks it no matter what happens. The last time one day before the earnigs reports hit the bearish resistance and fell back. Edge funds knew about this and they put massive short orders just like they did with GME now they break every support or resistance, no matter how good the news is, it always ends up falling. Financially, ACB is the worst company among all in its sector. It has the largest debt of all and each time its net profits are smaller, also the money is spent to acquire more things when the business does not even have a profit. smaller and smaller earnings. growing debt. Financially it is rubbish. I hope people can get out of this company as quickly as they can and don't lose all their money. have a good day
AShort
by xiguacmanuel
8
Possible yum yum style breakout for $SNDL! The chart is looking great on the 5.5 hour (333 minute) chart. Could this be a yum yum style breakout, or will it be a flop? I have a bunch of call options with a strike price of $1.50 that expire today. Could we see a bull run within the day that brings us to $1.50, or will it be over the next few days/weeks? Either way, this seems like a tipping point to me! We also have the new news that New York State legalized recreational cannabis for adults! Not sure how that will affect this stock! Happy trading! Not investment advice
NASDAQ:SNDLLong
by primroseverglade
1
Innovative Industrial Properties (IIPR) BTFDInnovative Industrial Properties (IIPR) is primed to BTFD. I have a $220 target and could see upwards of $250 in the near to mid future. They're my "pick and shovels" play in the Devils lettuce industry. EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) has been consistent and their debt to asset ratio is gnarly af. No need to thank me nerds (except if you lose money, dont blame me either lol) “As far back as I can remember, I really just wanted to get me some money.” -Gucci Mane
NYSE:IIPRLong
by Augustus_Lee7
APHA Day Trade IdeaAPHA (Aphria, Inc.) is rebounding up from a support line on the year to date rising fibonacci channel. It is probable that APHA will continue it's upward momentum up to 17.81 for an approximate 13% gain (+/-) upon where it would encounter the yearly 61.8% fibonacci resistance level. If APHA crosses above 17.81, the Point of control (POC) where volume is most concentrated is at 18.75. Crossing this level is less probable but not impossible, as APHA has been known to out perform both in market hours and after hours. I currently have no position in APHA, so this is just my unbiased opinion.
ALong
by khollspati
Still awaiting reentry for Sundial SNDLIt's sort of at a tipping point and I don't think it has the strength to tip upward. I will probably make a partial reentry anywhere in the circle, then wait for more information. I have it going as low as $.94 but I won't wait that long for my first reentry. If it gets to 94 cents I'll go hard. With legalization on the table, it may not dip so low, but remember that any time a stock makes a really big run, there are a lot of shares out there in the green. Most people like to take profits at some point or another. It's only March, this stock has a long year ahead of it and a lot of time to reach $7 or higher. For now that's my expectation but I'm not rushing back in yet. Oh yeah.. IF it rides above the rising trend line I will have to watch it like a hawk in case it decides to go on a run. I'm not confident in that, but I acknowledge the possibility. I still don't think we are in emergency mode yet. I think we still have this week and maybe next before we start missing out on runs. Later this week we might see some early surges so I think we just need to "stay calm and due diligence" (trademark).
NASDAQ:SNDL
by RickSmash
9
Has EVIO found the bottom?EVIO is an independent 3rd party lab testing company that specializes in marijuana/hemp/cbd analysis. I randomly scanned the QR code on a CBD preroll yesterday and noticed the PDF test results were produced by EVIO. I have been holding EVIO since 2016 or 2017 after extensive research, and I was surprised when I saw the aforementioned PDF. They have signed an agreement in late 2020 with a company that will provide them more testing nationwide. I'm looking for a breakout of this wedge, hopefully to the upside. Twisted Hemp website (for research purposes) where you can find the linked lab results, with the EVIO logo at the top: www.twistedhempwraps.com
OTC:EVIO
by RickSmash
MJ about to get highGeneral Explanation of MJ MJ is the first cannabis-focused ETF to trade in the US. The fund tracks an index of stocks across the globe that are engaged in the legal cultivation, production, marketing, or distribution of cannabis products for either medical or nonmedical purposes. The index identifies companies that legally derive more than half their revenue from cannabis-related activities. MJ also holds stocks of companies that trade or produce tobacco products, fertilizers, plant foods, pesticides, equipment for cannabis or tobacco. The fund initially did not include US companies due to its prohibition at the federal level but changed after new legislation. The index is reconstituted and rebalanced quarterly. Prior to Dec. 26, 2017, the fund was called the Tierra XP Latin America Real Estate ETF and tracked an index focused on Latin America real estate companies with the ticker LARE. Before Feb. 9, 2018, the fund traded under the ticker MJX. Technical Perspective: -We can see that the bearish trend From September 2018 - March 2020 has been broken. The price found its bottom on 8.67 -After breaking the descending trendline, we had a strong bullish movement towards 34.50 and, after that, a 36% correction to current levels -We can see that we have a huge support zone between 23 and 25. If the price stays above that level, we can take it as a good signal of buyers in the zone which eventually can push the price higher. -We consider that if the price reaches 27.5, that will be a confirmation of the bullish trend, and we expect to see a movement towards the next resistance zone at 39 - 40 -We should pay attention to 32.5 as an inner resistance zone that the price has to break before reaching our Target; that would be a smart place to protect positions. As a final curiosity, we will leave here the current 10 top holdings of this ETF / % of each stock / ticker / shares held / Market Value USD APHRIA INC 10.32% APHA 9,686,494 $194,407,934.58 GW PHARM-ADR 9.64% GWPH 844,511 $181,569,865.00 TILRAY INC-CL 2 7.48% TLRY 5,033,560 $140,839,008.80 CANOPY GROWTH CO 5.86% CGC 3,099,126 $110,328,885.60 GROWGENERATION CORP 5.50% GRWG 2,044,958 $103,515,773.96 CRONOS GROUP INC 5.42% CRON 8,944,741 $102,059,494.81 HEXO CORP 3.98% HEXO 9,655,518 $75,023,374.86 VILLAGE FARMS IN 3.90% VFF 4,469,612 $73,525,117.40 SCHWEITZER-MAUDU 3.66% SWM 1,446,363 $68,991,515.10 VECTOR GROUP LTD 3.54% VGR 4,639,762 $66,719,777.56
AMEX:MJ
by ThinkingAntsOk
2
$ECGI Purchases Cali MJ Property and Announces 1st Deliveries$ECGI Finalizing Northern California 1.7m SQ FT (40 acres) from $SGMD CEO Jimmy Chan private LMK Capital company. LOS ANGELES, Jan. 26, 2021 (GLOBE NEWSWIRE) -- via InvestorWire – ECGI Holdings, Inc. (“ECGI” or the "Company") (OTC PINK: ECGI) today took its first steps toward the development of its special cannabis acquisition model via the closing of a definitive agreement to acquire a privately held farm, which includes a *1.7 million-square-foot Northern California property zoned for cannabis cultivation, processing and manufacturing." "The property also includes a house of approximately *2,175 square feet (the house and land collectively “Property”). www.otcmarkets.com The mention of the 2,175 Sq Ft house, just so happens to be included in the 6 acre zoned MJ area. $ECGI's stated property size is 40 acres x 43,560 Sq Ft per acre equals 1,742,400 Sq ft. You can review the original Lower Lake property listing here: www.redfin.com Awaiting cannabis licenses to be issued. Also, $SGMD PR'd couple days ago that they purchased 70% of $ECGI NUGS Avenue MJ delivery service. $ECGI Released an update today about Feb 9th deal announcing they had delivered to their first customers: LOS ANGELES, Feb. 09, 2021 (GLOBE NEWSWIRE) -- via InvestorWire – ECGI Holdings, Inc. (“ECGI” or the "Company") (OTC PINK: ECGI), which plans to operate as Elite Cannabis Group and has been reorganized as an acquisition-oriented corporation with California-based targets of distressed cannabis assets, properties zoned for cannabis cultivation and processing, today announces its second agreement within the fast-growing California regulated cannabis market. The Company has signed a definitive management services agreement to enter the cannabis delivery business in conjunction with a California cannabis license holder operating out of Lynwood, California. www.otcmarkets.com "$ECGI created a wholly owned subsidiary, Nug Avenue, Inc., a California Corporation, which will hold the contract with the licensed party. The Company plans to enter into an additional agreement whereby it will sell up to 70% of the Nug Avenue unit to a third party, allowing the Company to retain and report an approximately 30% ownership. twitter.com "Excited to announce our first deliveries for Nug Avenue on 2/25 Check us out if you're in the LA Metro area @ Weedmaps.com. Wide selection and fast delivery. $ECGI" twitter.com
OTC:ECGILong
by StockGuild
2
Trade Alert: HALO COLLECTIVESuper excited about this find! Everything you need to know is in the chart. Added some info below for your DD. www.haloco.com Sector: Health Technology Industry: Pharmaceuticals: Other Halo Collective, Inc. engages in the development and manufacture of cannabis oils and concentrates. Its operations include Oregon, Nevada, and California. The company was founded in 2016 and is headquartered in Toronto, Canada. *COMPANY TIMELINE AS PER WEBSITE* In 2015, launched initial production in a chicken coop in Medford, Oregon 2016 Oregon Expansion: manufacturing facility established on Clark Street 2017 Oregon Expansion: cultivation established in East Evans Creek 2018 Adding Nevada & California licenses • HLO Ventures LLC opens in NV • Halo Labs Inc (“HALO”) begins trading on the NEO, OTCQX & German Exchanges 2019 California & Nevada expansion • Coastal Harvest opens in • Southern, CA Acquired Type 11 distro & Type N License in Northern, CA 2020 (Q1 Q2) International Expansion • Bophelo Bioscience in Africa • Canmart in UK • Canna Park established in Ukiah with expansion at UVI • Los Angeles Retail 2020 (Q3 Q4) No 1 Position in OR • Halo acquires Winberry Farms, which on a pro forma basis makes Halo the largest seller of wholesale cannabis products in Oregon • Publicize intent to enter psylocibin sector Latest Reported record third quarter 2020 financial results and positive EBITDA / operating cash flow Park some $$$ here and watch it grow! *Please leave a like if you find this useful, thanks!*
OTC:HCANFLong
by BeardedSince
2
Is MJ getting ready to break $24? Too early to tell, but it looks as though MJ is bouncing off a $24 resistance level while also developing a bearish divergence in the RSI and MACD. If MJ stays within the drawn channels, I could see it selling off a bit and testing the lower channel/MA to form an ascending triangle. This should also create the opportunity to bounce off the RSI support and make way towards the $24 level again. I believe MJ has a positive long term outlook, so I would most likely be a buyer of a $24 break or a $22 retest of the lower channel...interested to see where it goes from here.
AMEX:MJLong
by TShelbyLtd