Investing

Cannabis (Marijuana) Stocks

  • Last Updated:
  • Dec 6th, 2019 9:06 am
Deal Addict
Feb 27, 2015
3557 posts
1346 upvotes
Toronto, ON
crustydragon wrote:
May 16th, 2019 4:09 pm
Thank you. I did not know about the "when US legalizes" clause. I think I'll put my money elsewhere.
Isn't the clause also say within 90 days? I thought I heard or read that somewhere.
Deal Addict
Apr 2, 2006
1229 posts
164 upvotes
Hi all,

I have been following this thread with interest.

I missed the buying opportunity on both LABS and VGW on their recent dips last week and probably missed the boat for the time being.

Now looking at ALEF but I don’t understand the steady downward trend. Is it a good one to invest in and what sort of entry point is reasonable?

I saw this on ceo.ca. I don’t know how to do technical analysis but here it is:

The chart shows resistance at $1.78 and support at $1.34 and $1.19. It's trending in a downward channel however if it gets as low as the first resistance point at $1.19 and bounces, that's a good entry. If it breaks $1.78 then we're looking skywards.

What about smaller companies like OILS and HALO? I have read that HALO doesn’t get as much love because it’s on the NEO exchange.

Thank you!
Deal Addict
Apr 2, 2006
1229 posts
164 upvotes
JRGUINNESS wrote:
May 16th, 2019 9:27 pm
Isn't the clause also say within 90 days? I thought I heard or read that somewhere.
Not sure. I haven’t read the actual agreement myself but that’s information from this thread.
Jr. Member
Dec 11, 2017
102 posts
51 upvotes
herculesmaxpower wrote:
May 16th, 2019 7:47 pm
Lol what happened to all the APH holders? Those few weeks in 2018 sure were a lot of fun..... I'm still holding.
I'm lurking with 400 bags on hand. I also bought this recent dip when the RSI dropped below 30, now just awaiting the return of bull volume.
Deal Fanatic
Apr 25, 2006
5483 posts
715 upvotes
ACB man. Market is pricing in the future. I heard that they are stocking up inventory for edibles, hence, more revs.
"If you make a mistake but then change your ways, it is like never having made a mistake at all" - Confucius
Deal Addict
Feb 27, 2015
3557 posts
1346 upvotes
Toronto, ON
1xTiMeR wrote:
May 17th, 2019 9:48 am
ACB man. Market is pricing in the future. I heard that they are stocking up inventory for edibles, hence, more revs.
THIS!

All LP's are doing it! Which is causing this "Shortage".

They are converting all "excess" into oils as: 1: they are preserved longer 2: edibles 3: Drying time decreased. 4. Oils are higher Rev. 5: The amount of dryed flower would have WAY over saturated the market.
Deal Addict
Feb 27, 2015
3557 posts
1346 upvotes
Toronto, ON
GO GENE GO!!!!

Get me out of this hole i dug myself into!!
Deal Addict
User avatar
Jul 7, 2014
2056 posts
1129 upvotes
JRGUINNESS wrote:
May 17th, 2019 10:21 am
GO GENE GO!!!!

Get me out of this hole i dug myself into!!
Good entry point for EVE now? $0.39
Deal Addict
Feb 27, 2015
3557 posts
1346 upvotes
Toronto, ON
Alvord wrote:
May 17th, 2019 10:51 am
Good entry point for EVE now? $0.39
Up to you!

I purchased more at .41

Think it's a great long term stock.
Deal Addict
May 17, 2012
2299 posts
1026 upvotes
ontario
sold CWEB at insignificant gain. Earnings coming up on the 28th and they've released guidance that there will be no or minimal QoQ growth. Maybe be priced in but just not feeling it..
Deal Addict
Feb 27, 2015
3557 posts
1346 upvotes
Toronto, ON
Anyone know where the Newstrike Annual and Special Meeting today is?

I am in Downtown Toronto, and would love to go!
Deal Addict
Aug 17, 2008
2896 posts
1868 upvotes
Sold HARV at $10.30. Maybe premature.
1xTiMeR wrote:
May 16th, 2019 12:32 pm
Wow lucky. I tried to pick some put after the double bot at 9.73 but got filled at 9.92
"MIKE" <go> ... lol

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