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TCNNF Current Price $36 PT $50TCNNF | Shares (no options on this) TCNNF Current Price $36 Price Target $50 This company is a US based weed producer and retailer. Trueville cannabis is one of the rarely profitable cannabis firms. They are set to benefit greater than any other stock on the market from more states legalizing marijuana because they are a pure play US pot company. Why buy Canadian pot companies ( TLRY,ACB,SNDL) that aren't profitable when the real weed market is in the US. For example the state of California alone is a larger market for cannabis sales than the entire country of Canada. Long term holder of TCNNF, Its my top pick of the pot sector.
OTC:TCNNFLong
by Value-Invest
1
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.
HLong
by SPYvsGME
Cresco Labs investment Idea Fundamental side of the idea: For the full year of 2020, Cresco saw a whopping 271% year-over-year increase in revenue to $476 million. The company's retail revenue for the year grew to $202 million, up 316% year over year. Much of the credit goes to its Sunnyside retail platform, which, according to the management, generated average revenue per store of $3.6 million. Cresco has 10 Sunnyside stores in the new emerging cannabis market of Illinois. ) Its fourth-quarter (ended Dec. 31, 2020) revenue also jumped a massive 292% year over year to $162.3 million. Another quarter of positive adjusted EBITDA (earnings before interest, tax, depreciation, and amortization) net of biological assets of $50 million is an impressive jump from $2.8 million in the year-ago quarter. It also reflects how well the company has been handling its operating expenses. Cresco's 2020 was a reflection of what's to come in the next few years, according to the management. Technical side of the idea: Since the price has hit an all time high(22CAD), it has been decreasing / and retraced to 0,61 Fibu level. As long as the price is Rebounding exactly on 0,61 Multiple times we should consider that there is a big Possibility for the Price to Move higher. I am expecting that the price will continue to increase to 80USD in the next two years, after breaking the 1,61 Fibu level ( which is going to be the new resistance ). If you have Questions, you can Always Contact me ! Best Regards. S.Sadki
CSE:CLLong
by SaraSadki
MO drops on Biden banning nicotine?lol what? Tobacco stocks are dropping on news that Biden is planning to restrict nicotine content in tobacco products. This brings NYSE:MO down about -12% from the high two days ago but still up 14% on the year. It is an attractive dividend yield play at this price (about 7%) but waiting for it to come to a proper support before buying myself. I like NYSE:MO actually as a pot stock play. They are already positioned in the industry through acquisitions a few years ago. I think that companies who have hundreds of years of experience in growing, cultivating, processing and (most importantly) marketing smoking products will do well in the long term future.
NYSE:MO
by norok
1
DMANI know it's been a hard run for holders of DMAN. I know first hand as I have watch this stock do nothing for almost 2 months except 1 huge fast wick to .03c and unless you had sell orders in place like a ninja you basically missed that move. And I am suggesting more downside due to the pending stock market pull back. But you can buy 1000,000 shares of this stock like Warren Buffet buys APPL and hold DMAN for .07c. You would turn $500 into $7k. IDK but I'm going to place some stank bids.
OTC:DMANLong
by Big_Mike716
Greenlane Holdings & Kushco Holdings Merge - Amazon of WeedAncillary Business. No plant touchy. Massive 17M volume today which is over twice the 7M volume on its IPO at $17 (20x+ typical vol). Don't forget it hit $29 on its IPO day in April 2019 also. Too bad that vape lung thing was so scary and people lost their minds and sold out. lmao. Well, now the saucer is gone but it's gonna turn into a large cup. Buy it before it starts making new highs.......Watch it turn to a billion dollar business this year. Even Dutchie got the $1B valuation. lolololololoolool. Weed won. CANNABIS BOOM 2021 is underway. Hold for decades!
NASDAQ:GNLNLong
by EpicEconomics
1