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The recent top performing Calif. pot stock appears to be NUGS.
The 52 week range on NUGS is .0285-to-$7.13 ... which represents a 250.17 Bagger for those lucky enough to participate... the majority of the move in NUGS share price has occurred in just the last aprox. 3 weeks ...
Major news in the Canadian pot market today ... APH just signed a supply deal with Shoppers Drug Mart ...
https://web.tmxmoney.com/article.php?newsid=7630062438923204&qm_symbol=APH
APH now has a market cap of over $2 billion ...
A California pot stock that would appear to have alot of potential seems to be TRTC ... it's financial results appear to be improving across the board;
http://www.otcmarkets.com/stock/TRTC/news/Terra-Tech-Corp--Reports-Financial-Results-for-the-Third-Quarter-of-2017?id=174863&b=y
... however, there appears to be problems with the stock ... the CMF indicator shows that the stock is being dumped or shorted (or both) even though fundamentals appear to be improving ...
The chart on Vape Holdings making moves ... based out of Agoura Hills, California ... the daily chart is running hot ... but the weekly chart tends to indicate the run may be in it's earlier stages, as CMF indicator showing just in early stages of a net positive accumulation trend ... if it clears the low .03's and then gets constructive news from the co, this thing could really be off to the races as the Vapour sector is already running hot.
WEEKLY CHART;
The Canadian pot market vs. the Californian pot market ...
The current population of Canada is aprx. 35 million people;
https://en.wikipedia.org/wiki/Population_of_Canada
The current population of California is aprx. 39 million people;
https://en.wikipedia.org/wiki/California#Population
The stats show that the state of California alone has a larger population than Canada - and a potentially larger market for pot.
Even though California is on the verge of full scale legalization and is a larger population than all of Canada - why do the US pot stocks trade at a substantial discount to the Canadian pot stocks? (several of the Canadian pot stocks trade at multi-billion dollar market caps); the answer, I believe is the difference between the Federal & state(provincial) approaches & outlooks to full scale legalization.
In Canada; both the Federal & Provincial (state) govt's are in alignment with full scale legalization ... whereas in the US, the Federal & some state Govt's are aligned oppositely in regards to full scale legalization.
The discrepancy between US Federal & State govt's in regards to full scale legalization has fostered a great degree of doubt, uncertainty, and risk in regards to investor sentiment towards US Pot stocks when compared to the Canadian pot stocks.
A major motivating factor driving Canadian policy towards full scale pot legalization is to shift the wealth & economic activity from the black market into a white/blue collar industry - this Canadian approach appears to be paying major dividends even prior to full scale legalization; as can be seen in the multi-billion dollar market caps in several of the top Canadian pot stocks ... looking forward; it appears the Canadian approach will quickly transfer significant wealth and economic activity from the underground economy into the legitimate economy - creating a massive infusion of taxable income and wealth generation.
The Canadian pot stocks show the type of potential that could come into the US pot stocks when both the Federal & state govt's come into alignment on full scale legalization;
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