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Why "park" money in a stock when you can set up a price breakout alert??
Hopefully the safe act with banking and all changes that. Guess that is why I really like SHWZ.
Let me be more specific. About 3 weeks ago I adopted a new investment plan. I bought lower cap MJ stocks that were sitting at lows, at support. I knew my portfolio would be a winner, in time. But I lost track of one thing. I was used to my portfolio throwing off CASH, profits. My new portfolio was simply going to sit until blastoff. That would be ok, IF I had a CASH hoard sitting in my savings account.
So I changed tactics and converted into MJ stocks with MOMO. At the same time I set up in Fidelity "price alerts." There are price points that I have selected for my favorite companies for when they make their breakout move. No reason to park CASH in a stock that is not moving, YET.
CRESCO is one of those stocks. Right now, dead money. BUT with a price alert of, say, $11.00, you can jump in just as the next leg up takes place. And it will take place. Cresco is currently undervalued.
I have went with the momo approach but have also put some monies in stocks within this sector that have not move. I believe sooner than later all will rise as the saying about all boats rising. Also thanks for the invite here.
Free investment resources that I offer ...
Investment Newsletter
ZOOM Investment strategies Discussion Group (every other Saturday at 5:00pm PST)
*Word of warning. I am not a licensed financial planner or a licensed stock trader or advisor. As an individual investor I buy and sell stocks as a hobby and as a way to generate extra income. Read and proceed at your own risk. JohnCM Jan 7th, 2021*
MOMO will take a hit. See Jushi.
Columbia Care Announces C$130 Million Bought Deal Public Offering
BY Canada NewsWire
01/07/2021
NEW YORK, Jan. 7, 2021 /CNW/ - Columbia Care Inc. ( CCHWF ) (FSE: 3LP) ("Columbia Care" or the "Company") is pleased to announce that it has entered into an agreement with Canaccord Genuity Corp. on behalf of a syndicate of underwriters (together, the "Underwriters") and pursuant to which the Underwriters have agreed to purchase, on a bought deal basis, 16,150,000 common shares (the "Shares") in the capital of the Company at a price of C$8.05 per Share ($6.35US)(Today's closing price $6.92US) for aggregate gross proceeds to the Company of C$130,007,500 (the "Offering").
The closing of the Offering is expected to occur on or about January 13, 2021 (the "Closing Date") and is subject to the completion of formal documentation and receipt of all regulatory approvals, including the approval of the Canadian Securities Exchange and the Aequitas NEO Exchange.
The net proceeds from the Offering will be used for working capital and general corporate purposes.
The Company has granted the Underwriters an option (the "Over-Allotment Option"), exercisable, in whole or in part, by the Underwriters, giving notice to the Company at any time and from time to time up to 30 days following the Closing Date, to purchase, or to find substituted purchasers for, up to an additional number of Shares equal to 15% of the number of Shares sold pursuant to the Offering at the Offering Price per Share to cover over-allotments, if any, and for market stabilization purposes.
The Shares will be offered in each of the Provinces and Territories of Canada, other than Québec pursuant to a prospectus supplement to the Company's base shelf prospectus dated September 2, 2020 (the "Prospectus") and in the United States and to or for the account or benefit of "U.S. persons" (as defined in the United States Securities Act of 1933, as amended) (the "U.S. Securities Act"), on a private placement basis to "qualified institutional buyers" pursuant to an exemption from the registration requirements of the "U.S. Securities Act".
Copies of the Prospectus, following filing thereof, may be obtained on SEDAR at www.sedar.com and from Canaccord Genuity Corp., 161 Bay Street, Suite 3000, Toronto, ON M5J 2S1. The Prospectus contains important detailed information about the Company and the proposed Offering. Prospective investors should read the Prospectus and the other documents the Company has filed on SEDAR at www.sedar.com before making an investment decision.
About Columbia Care ( CCHWF )
Columbia Care ( CCHWF ) is one of the largest and most experienced cultivators, manufacturers and providers of medical and adult use cannabis products and related services with licenses in 18 US jurisdictions and the EU. Columbia Care ( CCHWF ) currently operates 108 facilities1 including 81 dispensaries and 27 cultivation and manufacturing facilities. Columbia Care ( CCHWF ) is one of the original providers of medical cannabis in the United States, and continues to deliver an industry-leading, patient-centered medicinal cannabis operation that has quickly expanded into the adult use market as a premier operator. The company currently offers products spanning flower, edibles, oils, and tablets, and manufactures popular brands including Seed & Strain, Amber and Platinum Label CBD. With more than four million sales transactions since its inception in 2012, Columbia Care ( CCHWF ) is known for setting the standard for compassion, professionalism, quality, care, and innovation in the rapidly expanding cannabis industry. For more information on Columbia Care ( CCHWF ), please visit www.col-care.com.
TOP 10 CANNABIS STOCKS
JANUARY 7, 2021
I only list stocks that I own with one exception. I only have positions in 9 stocks, so I do not currently own #10.
Because I list only stocks that I own, Trulieve, for example, is not here. There are a ton of companies that I like, who have participated and this last MJ bonanza. Curaleaf, Cresco, Canopy, Tilray, etc. I have chosen to have larger positions in a few, as opposed to spreading myself out.
Special note, all of the EFT funds are doing well, for the most part. A good way to go if you are having trouble selecting from all of the high flyers.
My criteria;
#1. I like to see at least 100M in annual sales.
#2. I like to see an outstanding share number of less than 300M.
#3. The stock must have momentum. Especially right now.
#4. The company should be on the way to EBITDA break-even, if not there yet.
#5. Maybe a turnaround story, or legit, right out of the box.
#6. Typically will be focused on the U.S., not Canada.
#7. For now, will be marijuana only. No hemp.
1) AYR Resources
2) Green Thumb
3) Subversive Capitol
4) Columbia Care
5) High Tide
6) Jushi
7) Harvest Health
8) HEXO
9) 4Front
10) Schwazze
JohnCM Investment Corner
AYR
Green Thumb
Columbia
Jushi
High Tide
Keep an eye on Subversive
JohnCM.... what do consider your best MJ momo plays?
Oh brother. Yes, always a concern. Just keep track. No need to throw out baby (MJ stocks) with bathwater (dilution).
what i don't like about MJ stocks is the dilution...unless jumping in before a pop then get out...they aren't long term investments...
Good price point to buy. Actually anything under $10.00
I'm outa juice right now...waiting for WDLF to explode in the next 2 months...
ya i bot in CRIS @ 1.46 out @ 5.34!!! wow, first ever panic sale profit!!! I sold from PANIC poster beginning of day...lol...
naa...FUNN has a great product...Snakes and lattes and expending...AND going to have AFs...AND dispensaries...
Setup a price alert on these at a "breakout" price point.
GUSH will eventually run just like NRGU as Oil producers rebound...
My mistake was misreading election results vs markets..I was betting incorrectly...THEN i found a panic sell with CRIS and bot in...next day I made 4xs but i coulda made 8xs if i held a little longer during the day...panic sales are also lucrative...waiting for WDLF to run...and yes if I had more $$$ I'd buy both WDLF and FUNN...I got lucky with ATYG had been holding that for lotsa years...it finally awakened and was able to double my $$$ and bot me a new fridge...GUSH will eventually run just like NRGU as Oil producers rebound...
Today’s Topic - About Face!!
I sat down to reassess my investment strategy. Something you should do at least weekly, as well as take a look at each one of your holdings and ask the question, “would you buy this stock today, at today’s prices”? Hopefully, the answer is “YES”.
I realized my new strategy is right on point, except for one thing, I need to continue to make profits in my portfolio. If I had mindfully built up a CASH position, to move into my bank savings account, I could utilize my new strategy of “buy and hold”. My strategy was to take on additional risk and buy thousands of shares of Cannabis companies that are priced low and sitting on support. This strategy will pay off BIG, but I did not position myself to sit and wait. So, that being said, I will free up some CASH and take another look at some momentum plays.
MOMO ( Momentum ) Previously Holding, New, Add Shares**
1) Columbia Care GOOD
2) High Tide** (Break Out – Now over $0.20)
3) TILT Holdings GOOD
4) Green Thumb GOOD
5) Jushi** GOOD
6) 4Front GOOD
7) AYR** GOOD
8) Harvest Health and Recreation (Reducing position. Stock has lack
of MOMO)
9) Schwazze (Minimum position. Stock has lack of MOMO)
10) TILT Holdings GOOD
11) Curaleaf (Swapped out Curaleaf for HEXO (HEXO))
INVESTMENT TOPICS 12/26/2020
ZOOM meetings 5:00pm PST Saturdays every 2 weeks
https://www.meetup.com/stock-market-investing/
John’s portfolio as of 12/19/2020 +2.10% (unrealized gains)
Total Rate of Return*** (Life of Available Data) AS OF 12/26/2020
+68.57% (realized gains)
Today’s Topic
About Face!!
I sat down to reassess my investment strategy. Something you should do at least weekly, as well as take a look at each one of your holdings and ask the question, “would you buy this stock today, at today’s prices”? Hopefully the answer is “YES”.
I realized my new strategy is right on point, except for one thing, I need to continue to make profits in my portfolio. If I had mindfully built up a CASH position, to move into my bank savings account, I could utilize my new strategy of “buy and hold”. My strategy was to take on additional risk and buy thousands of shares of Cannabis companies that are priced low and sitting on support. This strategy will payoff BIG, but I did not position myself to sit and wait. So, that being said, I will free up some CASH and take another look at some momentum plays.
MOMO Plays
Columbia Care
Green Thumb
Jushi
4Front
AYR
Harvest Health and Recreation
ETF’s MSOS and MJO
Schwazze
TILT Holdings
Curaleaf
SHORT DoorDash down to $130.00
BUY ALERTS!! CHARLOTTES WEB CWBHF $3.88 SUBVERSIVE CAPITAL ACQUISITION SBVCF $10.09
CANNABIS STOCK PICK OF THE WEEK
HARVEST HEALTH AND RECREACTION $1.89 $2.06 My cost basis is $1.98. Recently added at $1.79
Michael Auerbach On Launching A Cannabis SPAC With Jay-Z
Macro Hive Conversions With Bilal Hafeez
https://open.spotify.com/episode/2CwSD3EsyzrqOj10AfD1Eo
Are you chasing?
From time to time, different investment sectors take off!! It could be gold, Internet companies, COVID-19 vaccine plays, Cannabis, etc. In other words, there is always a BULL MARKET somewhere. What do you do? If you wait a bit to jump in, you may be buying at the top. Today’s hot sectors are BITCOINT and MUSHROOM stocks. Bitcoin got a boost when PayPal recently legitimized it as tender. Mushrooms got a boost as more state and municipalities are legalizing psilocybin for medical use.
This what works for me.
If my intention is to diversify into a number of different sectors, types of business, I will select my favorite stocks from that basket and set price alerts. This also works well if you see a favorite stock get sold down to a 52-week low and you are tempted to buy. Use your brokerage software or look at Yahoo Finance or any free service where you can establish price alerts. You set the price point and when the stock selected rises above that price, you get an alert via text and email.
You will catch the stock just as it starts to breakout. You will need to inspect a price chart of the stock to determine what the “breakout” price point is. You take your “best guess” based on the stock chart. I use https://www.stockscores.com/
Why Cannabis?
I have followed the Cannabis sector for over 7 years. There are now 3 solid reasons to look at the Cannabis sector in regard to your investment portfolio.
Number one - MOMENTUM. States are falling like dominos legalizing marijuana for recreational use. Throw in the Biden win, and this is a trend that cannot be stopped.
Number two - PROFITABLE. Finally, cannabis companies are reporting net profitable quarters. Look what happened to Tesla when they reported their first profitable quarter. Two companies of note, Trulieve and Cresco.
Number three - The ARBITRAGE play.
American companies, wanting to partner with or purchase Cannabis companies, have to stay at arm’s length from Cannabis companies because marijuana is a schedule one substance (the most dangerous) and it is illegal federally.
When the fed loosens its grip and/or marijuana is legalized federally, BIG business will rush in to swoop up already established Cannabis companies at a premium. BIG tobacco, BIG liquor, BIG beverage, BIG pharmaceutical, BIG leisure, retail grocer, health food and nutritional companies.
BIG TOBACCO
BIG LIQUOR
BID RETAIL
BIG NUTRICIAN
BIG PHARMA
BIG BEVERAGE
“Ayr Strategies to Buy Liberty Health Sciences for $290 Million in Stock and to Enter New Jersey with $101 Million Garden State Dispensary Acquisition”
Liberty Health LHSIF within 5 days stock price moved from $0.36 to $0.75
Big names – Trulieve, Cresco, Curaleaf, AYR Strategies, Green Thumb (all moving).
Medium names – Terrascend, Charlotte’s Web, Harvest Health, Jushi, Columbia Care.
Small names – MedMen, High Tide, Tilt, 4Front, Medipharm.
MJ tailwinds
#1. State dominos are falling. Arizona. Florida next?
#2. First time House votes approvingly on legalizing marijuana.
#3. President and vice president-elect Biden and Harris are pro-cannabis.
#4. U.S. MSO's (Multi-state operators) are starting to report net profitable quarters.
#5. MOMO (momentum).
These are a few of the MJ companies that has not been noticed yet.
Harvest Health Q3 Revenue Grows 11% Sequentially to $61.1 Million HRVSF
November 10, 2020 at 4:29 pm
Published by NCV Newswire
Harvest Health & Recreation Inc. Reports Third Quarter 2020 Financial Results
Third quarter revenue was $61.6 million, up 86% from the third quarter 2019 and 11% sequentially
Third quarter adjusted EBITDA was $10.5 million, compared to $4.1 million in the second quarter of 2020
2020 revenue target increased to greater than $225 million, up from $215-220 million
High Tide Inc: Overlooked Pot Stock Just Reported Some Big News
cannabis retail stock High Tide Inc Stock up 225% Since March HITIF
www.stockconfidential
September 2020
High Tide Inc (OTCMKTS:HITI, CNSX:HITI) is an unjustly overlooked pot stock with exceptional long-term growth potential. The cannabis retail chain, with operations in both the U.S. and Canada, just reported strong third-quarter results, swinging to third-quarter profitability.
At the end of August, the company announced it was acquiring competitor Meta Growth Corp (CVE:META).
With this acquisition, High Tide is set to become the largest single cannabis retailer in Canada, with annualized proforma revenue of $133.0 million. To put this into perspective, in fiscal 2019, High Tide reported total revenue of $31,294.
Columbia Care Q3 Revenue Increases 71% Sequentially to $48.7 Million CCHWF
November 12, 2020 at 4:32 pm
Published by NCV Newswire
Columbia Care Columbia Care Reports Record Third Quarter 2020 Financial Results, Transitions to Generating Positive EBITDA
Record 3Q Combined Revenue of $54 Million, an increase of 64% QoQ and 145% YoY.
The day DASH went public, I released this stock alert.
I attempted to short myself but Fidelity did not have any shares available.
SHORT TO $130.00
Price Trigger Alert: DASH
DASH went below 165 trigger as of 12/14/2020 09:33 a.m. ET.
Price Currency Change Tick Pct. Change Bid Ask Prev. Close Vol
164.71 USD -10.29 U -5.88 164.7 165 175 266,152
Click to reactivate your price trigger.
Reactivate
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HOT STOCK, IPO, SPAC FLASH
https://www.bnnbloomberg.ca/u-s-cannabis-firm-verano-to-go-public-with-us-2-8b-valuation-1.1531866
u-s-cannabis-firm-verano-to-go-public-with-us-2-8b-valuation
U.S. cannabis firm Verano to go public with US$2.8B valuation
By David George-Cosh
“U.S. multi-state cannabis operator Verano Holdings LLC is planning to go public this month with a valuation of nearly US$3 billion, a sign that capital markets are warming up again to the marijuana industry following a chill in investment over the past year.
According to a term sheet distributed to investors, Verano is planning to offer up to US$75 million in shares through a reverse takeover of Majesta Minerals Inc. – a shell company listed on the Canadian Securities Exchange – that would value the company at US$2.88 billion. Canaccord Genuity and Beacon Securities are joint book runners on the deal.
If Verano completes its RTO and lists on the CSE, it would immediately become the third largest cannabis operator in the U.S. by revenue, and the fifth largest by valuation behind such rivals as Curaleaf Holdings Inc. and Cresco Labs Inc.
Founded in 2014, Verano operates its cannabis business in 14 states with 1,600 employees, 46 retail locations, and eight production facilities. The company generated US$121 million in revenue and US$42 million in adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) last year. The company estimates it will end 2020 with as much as US$380 million in revenue and US$160 million in adjusted EBITDA, according to an investor presentation.
The listing would also break a logjam that has seen relatively little cannabis-related initial public offerings over the past year. In the first 48 weeks of the year, US$2.1 billion was raised by pot-focused publicly traded companies, less than half of the US$5.6 billion raised in the same period a year earlier, according to Viridian Capital Advisors, a cannabis advisory firm.
However, investors have shown greater interest in investing in U.S. cannabis companies compared to their Canadian counterparts amid a string of profitable quarters from several major U.S.-based players (Trulieve and Cresco). Overall sentiment has also been lifted by last month's U.S. election, in which six states approved measures to legalize recreational or medical cannabis programs.
Meanwhile, many Canadian cannabis companies continue to struggle to report profits. The sector has become increasingly competitive as many pot firms have booked billions of dollars of losses due to overspending on assets that failed to meet market demand.
Last month, Verano announced it was acquiring Alternative Medical Enterprises LLC, a cannabis operator with assets in Florida and Arizona. Terms of the deal were not disclosed.
In an interview at the time the deal was announced, Verano Chief Executive Officer George Archos said going public was "an option on the table and something that we're considering," but declined to comment on when that would occur.“
Dec 09, 2020
4Front 10% $0.82 _________________________
Medipharm 20% $0.43_____________________
Charlotte 20% $4.65_______________________
Harvest Health 20% $1.87__________________
MedMen 10% $0.17_______________________
High Tide 20% $0.149______________________
Subversive Capital (Jay-Z) 5% $10.15 _______
Verano (IPO) 5% $0.00 ____________________
$18.24
New Strategy – Cannabis
(A little risky. Swinging for the fences)
30 day return 10%
45 day return 20%
160 day return 50%
365 day return 125%
Dec 09, 2020
4Front 10% $0.82 _________________________
Medipharm 20% $0.43_____________________
Charlotte 20% $4.65_______________________
Harvest Health 20% $1.87__________________
MedMen 10% $0.17_______________________
High Tide 20% $0.149______________________
Subversive Capital (Jay-Z) 5% $10.15 _______
Verano (IPO) 5% $0.00 ____________________
New Strategy – Cannabis
(A little risky. Swinging for the fences)
30 day return 10%
45 day return 20%
160 day return 50%
365 day return 125%
4Front 10%
Medipharm 20%
Charlotte 20%
Harvest Health 20%
MedMen 10%
High Tide 20%
Lol, can be fun but wear ur mask and hazmat suit ;).
I used to play a bit in PINKY "pump and dump" land. No more, no more.
Cool, I usually ignore pumpers selling me tops but
That cannot be a top (for long)
And youz not a pumper ;)
Status?? SAFE and latest Stimulus Bill?
House Approves Marijuana Banking Protections For Third Time As Part Of New COVID Bill
Washington, D.C.-, October 1, 2020
For the third time in just over a year, the House of Representatives has approved legislation that would protect banks that service state-legal marijuana businesses from being penalized by federal regulators.
The text of the Secure and Fair Enforcement (SAFE) Banking Act was included in a wide-ranging coronavirus relief bill that members approved on the floor on Thursday. This is the second time the House inserted the cannabis banking language in COVID-centric legislation that cleared the chamber after having previously passed it as a standalone bill. While the scope of the latest pandemic relief proposal was generally scaled back in an attempt to make it more palatable to the GOP-controlled Senate, the marijuana provisions remained intact.
The bill, known as The Heroes Act, was approved in a vote of 214-207.
Several Republicans—including Senate Majority Leader Mitch McConnell (R-KY) and Vice President Mike Pence—have criticized including marijuana components in coronavirus legislation, arguing that it is not germane to the issue at hand. McConnell has specifically targeted most of his criticism at a provision of the SAFE Banking Act that requires industry diversity reporting.
A day before Thursday’s vote, the majority leader took to the floor of his own chamber to complain that the House bill provides “special treatment to the marijuana industry,” stating that the legislation “mentions the word ‘cannabis’ more times than the words ‘job’ or ‘jobs.’”
The Senate did not add cannabis banking language to its own version of COVID relief legislation filed in July.
But Democratic leaders are evidently willing to keep up the fight, and they highlighted the diversity component in a summary of the legislation. House Speaker Nancy Pelosi (D-CA) said in July that she agrees that the banking measure is an appropriate component of the bill.
Reform advocates view this as a positive development that could help mitigate the spread of the virus by ending the industry’s reliance on cash transactions. It could would also increase access to financial institutions in a way that could give small businesses access to needed capital, they say.
“The continued inclusion of my SAFE Banking Act in this package is important for the cannabis industry and its workers,” Rep. Ed Perlmutter (D-CO), the lead sponsor of the standalone marijuana financial services legislation, said. “The industry faces an increased public safety risk and public health risk by being forced to make transactions in all-cash. The SAFE Banking Act, which already passed the House with a broad bipartisan vote, will take cash off the streets, enable better social distancing in transactions, and support good-paying jobs in communities across the country when we need them most.”
That said, there’s lingering frustration that House leadership is willing to stand up to GOP opposition for a measure considered industry friendly but decided to postpone a floor vote on a comprehensive legalization bill amid the objections of certain centrist Democratic members who worried about optics. Those legislators convinced leadership to delay the vote until later in fall, likely after the election.
In the past, some activists have made the case that lawmakers should’t approve the SAFE Banking Act until marijuana is descheduled and restorative justice policies are implemented.
In July, bipartisan treasurers from 15 states and one territory sent a letter to congressional leadership, urging the inclusion of the SAFE Banking Act in any COVID-19 legislation that’s sent to the president’s desk. Following GOP attacks on the House proposal, a group of Democratic state treasurers renewed that call.
The House last year approved the standalone SAFE Banking Act. For months, the legislation has gone without action in the Senate Banking Committee, where negotiations have been ongoing.
Meanwhile, Treasury Sec. Steven Mnuchin and congressional leaders have been negotiating the details of a coronavirus aid package. It’s not clear if cannabis banking provisions stand a chance of earning the Trump administration’s support, but approval from the White House would likely help to get the Senate to go along.
Content originally published by Marijuana Moment on October 1, 2020.
Lol, so many good stalks.. need a nap ;).
So the UN is voting to reclassify from something that resembles schedule one. And we will have a congressional vote on legalizing marijuana BEFORE MJ is reclassified from schedule 0ne. The proposed stimulus package, approx 1.7B contains *pork* Banking Safe Act verbiage. Mexico on the verge of legalizing marijuana for multiple uses, with consumer and grower limits.
What do you see? A heckuva lot of momentum. A marijuana tsunami, headed to a town near you.
Ultimately ALL mid to large-cap Cannabis names will be an arbitrage play (see WORK, Salesforce.com, and Slack).
BIG TOBACC0
BIG LIQUOR
BID RETAIL
BIG NUTRITION
BIG PHARMA
BIG BEVERAGE
Just meant that any story that leads with dry ice being some kind of real issue is click bait. When the time comes the biggest issue with the vaccine is going to be getting half the population to actually take it. I do appreciate the nod on the companies though...
Switching directions I believe I mentioned FRHC - at some point. It is in the financial space and has a great back story. The 33 yr old CEO is building a Wells Fargo type operation in the eastern block based on American SEC rules ...from Pink to Nasdaq in 3 years...See this comparison table I put together...BTW the chart is breath taking...
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=159561428
EXROF may do something similar in the EV space. So far so good..Lots of market moving irons in the fire.
https://www.prnewswire.com/news-releases/exro-coil-driver-ready-for-electric-cars-with-engineering-validation-301177912.html
Hopefully Dormant FTRS will follow suit as well...
INVESTMENT TOPICS 11/15/2020
ZOOM meetings 5:00pm PST Saturdays every 2 weeks
www.meetup.com
ALERT!
Covid-19 vaccine play. Dry ice! www.airproducts.com APD
CANNABIS STOCK PICK OF THE WEEK
HIGH TIDE HITIF $0.1529
Leading Canadian Cannabis Retailer with 65 Operating Retail Locations and $148 million in Annualized Revenue.
Why Cannabis?
I have followed the Cannabis sector for over 7 years. There are now 3 solid reasons to look at the Cannabis sector in regard to your investment portfolio.
Number one. MOMENTUM. States are falling like dominos legalizing marijuana for recreational use. Throw in the Biden win, and this is a trend that cannot be stopped.
Number two. FINALLY, cannabis companies are reporting net profitable quarters. Look what happened to Tesla when they reported their first profitable quarter. Two companies of note, Trulieve and Cresco.
Number three. The ARBITRAGE play. American companies, wanting to partner with or purchase Cannabis companies, have to stay at arm’s length from Cannabis companies because marijuana is a schedule one substance (the most dangerous) and it is illegal federally.
When the fed loosens its grip and/or marijuana is legalized federally, BIG business will rush in to swoop up already established Cannabis companies at a premium. BIG tobacco, BIG liquor, BIG beverage, BIG pharmaceutical, BIG leisure, retail grocer, health food and nutritional companies.
Banks cannot do business with marijuana. IRS does not recognize Cannabis businesses. They cannot write off their business expenses. So, what do we see taking place in the future? The next Stimulus Bill contains the “Safe Banking Act” (pork) that will give banks the ability to do business with Cannabis companies. Marijuana should get rescheduled within the next 2 years. It is recognized as having no medical value for the past 90 years. It needs to be rescheduled down to at least number three from one (the most dangerous) to allow businesses to be recognized, as all other businesses are, in the eyes of the IRS.
Federal legalization of Marijuana. Pretty soon everyone, save a few of the states, will legalize marijuana. At some point it only makes sense to legalize on a federal level.
Big names – Trulieve. Cresco. Curaleaf. AYR Strategies. Green Thumb
Medium names – Terrascend. Charlotte’s Web. Harvest Health. Jushi. Columbia.
Small names – MedMen. High Tide. Tilt. 4Front.
That's a new one "click bait."
Marketrealist.com
November 18, 2020
There are a few public dry ice companies that can be great opportunities for investors seeking hot pandemic plays right now. Options include Linde, whose stock trades on the NYSE under “LIN” symbol, and Air Products and Chemicals, whose stock trades on the NYSE under “APD” symbol.
The other dry ice stock you may look at is France-based Air Liquide, whose stock trades over-the-counter under “AIQUY” symbol.
Now you are talking..who knew dry ice would be the next cash cow
The is click bait. There is no way that this is an issue if the right leadership is in charge. I agree with PFE...non issue
Top Key Manufacturers in Dry Ice Market:
Messer Group. SOL Group. Taiyo Nippon Sanso. Polar Ice. Aug 31, 2020
Dry Ice Market Overview, Share, Cost Structure Analysis, Top ...
Why Dry Ice Stocks May Be the Next Big COVID-19
Investmentmarketrealist.com › Financials
3 days ago — Dry ice stocks are drawing a lot of investor attention right now because of COVID-19
https://marketrealist.com/p/dry-ice-stocks/
I need help!! This morning I will research the best way to play "DRY ICE" in regards to shipping the new Phizer vaccine.
Pfizer plans to ship up to 1.3 billion doses next year, requiring a lot of dry ice (carbon dioxide in solid form at around -78 degrees Celsius), and a lot of isothermic boxes. The boxes will hold up to 975 vials (4,875 doses) and can be refilled with dry ice for up to 15 days of storage.
Pfizer is testing the supply chain in four US states. Its CEO, Albert Bourla, said Wednesday he has "zero concerns" about the cold chain requirements.
But shipping such a vaccine can pose big challenges. Dr. Jarbas Barbosa, assistant director of the Pan American Health Organization, told CNN that "the rural and the urban areas in any country in the world are not ready to manage this vaccine today."
"So, who is prepared in the world? No one."
One issue is the availability of dry ice.
The Compressed Gas Association says carbon dioxide production capacity in the US and Canada is about 30,000 tons a day and is confident its members can meet demand for dry ice. It says that vaccine supply-chain officials believe less than 5% of dry ice production will be needed to support ultra-cold storage of Covid-19 vaccines in the United States and Canada.
Others in the industry expect bottlenecks. Several dry ice producers in the US told CNN they've already had offers for their entire output. Buddy Collen at Reliant and Pacific Dry Ice told online publication GasWorld: "We are in scramble mode trying to manipulate our production plants."
Sam Rushing, president of Florida-based Advanced Cryogenics, told CNN there are already regional shortages in the US.
The main problem, Rushing says, is fewer vehicles on the road during the pandemic, meaning lower production of ethanol, from which carbon dioxide is a byproduct. European ethanol production has also fallen sharply this year.
US officials are confident enough dry ice will be available. Paul Ostrowski, director of supply, production and distribution for Operation Warp Speed, told CNN last week that courier UPS had pledged to "provide dry ice reshipments throughout all of America upon demand."
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