Going Green
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Yeah I am hearing more about weed coffee stuff so when indeed this k-cup sauce package is rolled out I think it will be exciting since CBD has supplement status now for one, MJ banking looking better .... Yeah yeah corona but this has just allowed more time for discussions with manufacturers I bet. Anyway, got my tickets because I think something really value-driving will be presented in near order .... IMO. $TGGI
I don’t have the technical knowledge have the right to join this conversation LOL but I am wondering here with SPY ... VIX dropping below 30 .... last few times that’s happened volatility has spiked way up SO based on that might we “expect” to see churn / maybe a quick flush in the main market and heavy buying (more Fed help perhaps) and a return to SPY’s old highs? Possible even in this messed up nonsensical world in the middle of a pandemic, shattering democracies, more screwed up politics on trade and friction b/t US & China, shoring up of industry..... I am asking legitimately because I’m starting to learn more about the macro picture at an interesting time here... fascinating keeping eyes on the SPY TA board... anyway.... Always learning from you vets of markets AND weed :) .... will check out Arthur Hill breadth thanks for that note
Yessir I’d rather buy the tweets and sell the news (IMO) — let’s see ! This time $TGGI can really ramp up I think.
Morning folks. Have a great day :) $TGGI
Just pippin’ in to say “weeeeeeee-d”
Yeah keep Canada the big operators globally. Biden also belongs in a retirement home with Jeff Sessions.
Gather ye rosebuds while ye may
Yeah Cramer is a perma Canopy bull ... err dinosaur... hehe
Nice one... yeah that’s the way... like a Texas Hold’em table, think in terms of odds and scale in... “I am 80% OK with doing X based on Y...”
Now here we are under the 200 on the daily and if that doesn’t hold up on the close I’m looking for $25.40 support (thinking Canadian dollars here).... or $18.25 US side I believe ... IMO ! Good luck !
The “gaps always fill” adage never ceases to amaze me.... so many small gaps on Canopy and it filled every SINGLE bloody gap all the way down... Prices I said we’d “never hit.” Now she’ll fill every gap on the way back up — eventually.
Good catch sir !
Hmm interesting. Well we already know about the write down and so I personally don’t expect any “bad” surprises fiscally with Klein at the helm.... So to make a quick deduction.... I think perhaps we should look toward a GOOD surprise :)
Also to what another poster said here re smaller companies.... I remember when I was buying Canopy and people were buying FITX ??? Remember that guys?? Creative Edge Nutrition... CEO was “Chobin” if my memory serves ?!? Belligerent CEO on Twitter..... tanked the company....was supposed to get a license and be a big deal bla bla bla. Well, maybe this is a bit of an hyperbole.... But I see most of our “Minors” here in the Cannabis world as the “FITXs” who are scrambling for private placement cash to keep the freakin’ lights on. Not saying anything we don’t already know here... but the Majors with CASH are where it’s at.... Have a great one everybody !!!
$WEED
Yessir I like the latest communication. This one is way way way overdue
Yeah I think she’s gonna hold the 200 on the daily and if we see support holding on the weekly ... with $SPY beasting over $300..... $40 comes real quick here IMO....
LOL raped by 5% ....I love the lingo. In other words, Canopy had a cufflink stripped off ! ;)
Came pretty close there ... funny how they always do seem to fill... even on this one off a holiday.
Yessir up again.... very bullish imo !
Wow Mikey I missed this one... thank you. GM folks — looks like TGGI will be firing on all cylinders in near order !
Hey - a pulse ! That is encouraging $TGGI
Borys I hope you are OK and caught the right side of the slope sir !! $WEED
Hey ! I’m new here but just wanted to say that’s a great point on the IPO thing in my opinion — especially since there have been some horrendous overvalued IPOs recently .... all fluff and flex. Look at freakin’ WeWork, Adam Neumann and Japan Soft Bank .... that whole thing is a POS ... still didn’t list and now it’s worth less than JSP invested.
Anyway ... yes! I like the “zero to hero” merger story with a massive value injection, rather than the overhype crash-and-burn IPO bullshit. Come in and show us nice audited fins and with this beautiful SS here there’s a real party...
Have a restful day & GL tomorrow folks :)
Hey thanks & you too man ! Hope you’re well. Yeah it was kinda lucky because I started scaling in here before the delay was announced so I was surprised but glad to see some bids fill !
What like 20 trading sessions to the 23rd is it ??? Mostly restricted shares here .... Looks pretty TIGHT to me....
Lookin’ great !
Hooooray :) !!! Hahaha. Now let’s build support OVER that 200 day moving average, which we once did so so so long ago ..... and reach for the NEXT gap around that $41.xx mark !
I’m in here. OTCX up on bid now. Hmm. I can wait...
$28.57 is the “gap fill” spot above, now that we’re over $27. I wouldn’t mind seeing us close up there :)
Yessir ! Getting there ! Went lower than I guessed back on the 5th or 6th but glad to see the prospectus mostly playing out LOL. Have a great day ! If we break and hold that 200....holy smokes !
Took a wee bit more down here $EMAN
Thanks for sharing — yes all “stand-alone” stores (with individual entrances) are allowed to be open in Canada, and this “stand-alone” requirement was in place for Cannabis stores to begin with, so ALL stores that were open and those pending opening / construction and preparations to open will be operational with IN-STORE purchase options (social distancing), as well as click & collect & delivery. Great news !!!
Yes 100%... we’re just one little part of the aquarium, so to speak (arguably the shittiest but meatiest part in some ways... there’s some nice imagery). But yeah... Lots and lots of working parts here.... and lots of ways to play.
Even ACB, though it’s a textbook all-share deal, it’s at least good to see SOME activity in the US ... finally. Banking banking banking has been a pain in the ass for this biz between here and the border and Canadian banks as well as LPs have been sheepish on getting involved in the US for fear of disrupting relationships with major US banks... understandably so.
But even in this climate.... ACB needs more CASH and $WEED has CASH and the distribution network already in place. All said and done, I’m a “perma-optimist” so I want these companies to be successful.... as an investor/trader I have different sentiments on how these have been (mis)managed. But $WEED is sure doing a bang-up job..... I want to get OVER the 200dma AND see a $42 gap fill (I think it’s right around there) if it can really ride the momentum.... but near term we gotta get over $27!!! Have a good day !!!
Hopefully. Buy the silence sell the noise as they say... Selling’s gotta slow up here soon.
GM Mikey , Blue , lovers and warmongers, friends and foes ! Have a beautiful day $TGGI
Say that again?
Love it ! Sounds like a good assessment. Hard to wilfully sit in cash too. I have thought EWMN have better judgment on that than EMEN LOL. Have a great night & best of luck to you!
Beauty. Few 2s starting. Amazing to me that some with long-running hatred for this CEO want to shout outlandish claims and hinder folks from success at such a critical time... At least this note here gives us a bit of clarity as well as affirmation that there is indeed a story building behind the scenes that will be speaking through all the noise in due course..... $TGGI
Really nice post. Intrinsically we (the big “we” as the consumer) want the legal market to work, and meet our expectations. Slowly but surely the legal market converges on and overlaps the legacy market as products get competed down and quality improves, limitations on branding are eased, we have winners and losers, etc, etc.... but the ultimate sentiment has been just like the Bob Marley quote “Legalize it... and I will ADVERTISE it....” Consumers love good price points that meet that quality/price apex —- and also “luxury” brands and ritzy craft stuff... important figureheads... and INNOVATION. Canopy checks all the boxes and is, I believe, capturing a large share of the existing market and is positioned well to keep rocking and rolling internationally.
$WEED
Back up over pivot support with some momentum