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Cannabis (Marijuana) Stocks

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Deal Fanatic
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Feb 27, 2015
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Toronto, ON
Thoughts on an entry point for MPX?

Is this postponing suggesting bad news?
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Feb 27, 2015
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those were my exact numbers for both MPX and GLH.
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Feb 27, 2015
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The more I read about HVT, the more I like.

Entered at 0.65
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Jan 22, 2006
5342 posts
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Northside
JRGUINNESS wrote: The more I read about HVT, the more I like.

Entered at 0.65
Current watchlist : BLO, HVT, GLH and EMH
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Jul 11, 2011
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Perhaps no ON news today now

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Dec 31, 2015
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zaidyboy wrote: Current watchlist : BLO, HVT, GLH and EMH
If GLH ever gets the Canadian sales licence it will climb. Otherwise it's staying around the .20-.23 area
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Feb 27, 2015
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Hmm i think my "gut feeling" might be right about APH.

Tomorrow's Financials might be the same as WEED. AKA they spent ALOT over the past few months... and a nose dive after.

Aphria Secures $25 Million Loan from WFCU Credit Union

Aphria Inc. ("Aphria" or the "Company") (TSX: APH and US OTC: APHQF) today announced that it is has secured $25 million in debt financing from WFCU Credit Union ("WFCU"). The five-year term loan bears interest at 4.68%, has a 15-year amortization and was entered into on July 27, 2018. This is the second round of debt-financing secured by the Company from WFCU, having previously secured a $25 million five-year loan on May 9, 2017.

Sauce: https://web.tmxmoney.com/article.php?ne ... symbol=APH
Last edited by JRGUINNESS on Jul 31st, 2018 12:39 pm, edited 1 time in total.
Deal Addict
Sep 12, 2006
1503 posts
438 upvotes
JoJoC93704 wrote: Why is ACB sinking worse than titanic for the past 2 weeks? Can someone pls share some insight?
Few obvious reasons:
-Arbitrage from Leaf shares being converted to Acb shares at 3.5+ multiple
-Former Leaf holders selling off
-Downward pressure on Canadian Mj market in general

If I had to guess, I'd say the bleeding is nowhere near being done on Acb.
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Feb 27, 2015
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alex_d10 wrote: Few obvious reasons:
-Arbitrage from Leaf shares being converted to Acb shares at 3.5+ multiple
-Former Leaf holders selling off
-Downward pressure on Canadian Mj market in general

If I had to guess, I'd say the bleeding is nowhere near being done on Acb.
Wheres your entry point?
Deal Addict
Sep 12, 2006
1503 posts
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JRGUINNESS wrote: Wheres your entry point?
I'm not a day trader, I hold for min 6 months. Never held Acb, just don't like their model. But for long hold, I'd start to be interested in the mid-5's.
Deal Guru
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Sep 8, 2007
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Way Out of GTA
JRGUINNESS wrote: Hmm i think my "gut feeling" might be right about APH.

Tomorrow's Financials might be the same as WEED. AKA they spent ALOT over the past few months... and a nose dive after.

Aphria Secures $25 Million Loan from WFCU Credit Union

Aphria Inc. ("Aphria" or the "Company") (TSX: APH and US OTC: APHQF) today announced that it is has secured $25 million in debt financing from WFCU Credit Union ("WFCU"). The five-year term loan bears interest at 4.68%, has a 15-year amortization and was entered into on July 27, 2018. This is the second round of debt-financing secured by the Company from WFCU, having previously secured a $25 million five-year loan on May 9, 2017.

Sauce: https://web.tmxmoney.com/article.php?ne ... symbol=APH
$2.5 bln mkt cap company lining up $25 mln debt tranches. Bizarre.
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Feb 27, 2015
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cartfan123 wrote: $2.5 bln mkt cap company lining up $25 mln debt tranches. Bizarre.
My thoughts exactly.

Bank account is looking a little thin till Oct?

I'll wait till REDnesday to average down at $9.80 or less
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alex_d10 wrote: I'm not a day trader, I hold for min 6 months. Never held Acb, just don't like their model. But for long hold, I'd start to be interested in the mid-5's.
Nor am I.

But I like my long term holds to be at a decent spot.
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Nov 15, 2006
527 posts
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Calgary
Someone please educate me on this. Both WEED and APH are edging up ...

WEED got the approval to split their stock with an option for 3;1 or 2:1 at the current price of 33 to 34.... Really don't understand why the celebration... More logical if they have a price point of AMAZON or even FB. But not at the current price point.

Then we have APH getting an loan of $25 million at a 4.68% interest rate. It really makes me wonder if they are that cash poor ...

I am definitely not as optimistic as some of the ppl that pushed the prices slightly higher the last couple hours....
Keep walking through the storm. Your rainbow is waiting on the other side.
Deal Guru
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Mar 10, 2005
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zaidyboy wrote: wow, what a turnaround for $BLO
yep, from -%20 to +%7, lol
"If you want to improve, be content to be thought foolish and stupid." - Epictetus
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Feb 27, 2015
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Can I make money shorting a stock I already own?

FFT... everyday is down another 5%
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Jul 11, 2011
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Very odd volume on Hexo in the last hour. HEXO and Molsons, could it be???

Compare the time frame to the mini-run Molsons had to, almost to the minute

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