Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Statistics Canada recently reported that black market cannabis was 45.4% cheaper than legal-channel marijuana on a per-gram basis during the third quarter. Even with a reasonably low federal excise tax, Canadian pot growers are having a hard time competing with this huge price gap.
Full story see
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=152543554
As an investor you ignore the FDA at your own risk.
TCNNF is in up trend
ACB is in down trend
FDA is at work on both.
How do you explain that ?
FDA is life . Live with it !
So why not stay out of ACB until it moves into an up trend ?
That is what I am going to do.
You are long ACB but it is in a down trend.
Ignore the FDA at your own risk.
FDA has the potential to harm investors as it tries to protect consumers.
FACT ! Deal with it.
It takes at least six months for a stock to be delisted from the NYSE. When the exchange contacts a company regarding potential delistment, the company may file a plan within 45 days, demonstrating how it plans to regain a solid footing. If the exchange rejects the appeal, the delisting process begins.
If your facts are important, a down trend would give an alert.
So far no alert. IMHO.
Brett Hundley's Performance
Success
Rate
35%
13 out of 37 ratings were successful
Average
Return
-14.1%
Average return per rating
Then there will be no break of trend and I will stay out.
ACB is in down trend until proved other wise.
If WEED ever breaks out, here is what to expect.
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=152512133
If ACB ever breaks out, here is what to expect.
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=152512133
I own that to . It has an uptrend
90% of the option players lose all their money in the first year .
One person does not make a study. IMHO
No need to do any thing but watch the price trend. IMHO
So why is the price in a down trend ?
I really think you believe the FDA does not protect the people.
Too bad.
So why would FDA lie ?
So you agree the FDA study is true.
So why is the trend of ACB still DOWN ?
Then the trend should show that.
But right now the trend is down.
Maybe we will see a trend reversal ?
Market Cap = $ 412.70M
Watch the trend.
MAY BE A WINNER ?
Third quarter net loss of $8.6 million
compared to net income of $1.2 million in the prior-year period.
It is nice to just follow the trend.
Do not have to worry about taxes, etc.
The trend is either UP or down.
Do not be wrong. Just follow the TREND !