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You're also talking out of your ass...
Clueless...
$ENRT
Could This Be Cronos Group's Most Logical Acquisition Target?
https://www.fool.com/investing/2019/05/15/could-this-be-cronos-groups-most-logical-acquisiti.aspx
$VLNCF
long 420... ATF... lithium and precious metals... the dent this stimulus package made will be generational... wow!... consume equities wisely...
$VLNCF
Daily MACD crossing in a few days... Weekly PPS holding 200 day... very bullish... resistance @ $1.70, $1.80 level... then back up to $2's....
Dead cat bounce (because it's too soon to call recovery) = chaaaaa... ching... $$$$$$$$$$$!!!
Lets just hope we don't get another catastrophic announcement... if we do... all bets off... we fall sub $1.00.
$VLNCF
Agree... no doubt they are buying back what they sold...
To be clear... as far as the broader market in concerned... we have a long way to go before we stabilize... IMO there is more to go (Looking for Dow 18k) on the downside...
Short $ES (E-Mini S&P)...
Long $MJ...
$MJ
Clear out the glut!
LA’s cannabis dispensaries deemed ‘essential’ under emergency coronavirus order
https://nypost.com/2020/03/20/las-cannabis-dispensaries-deemed-essential-under-emergency-coronavirus-order/
'It's about being well': Cannabis shops thrive as 'essential businesses' in coronavirus pandemic
Legal marijuana sales spiked 159% in California in a single day.
https://abcnews.go.com/Health/cannabis-shops-thrive-essential-businesses-coronavirus-pandemic/story?id=69662619
$MJ
Regardless of how deep this market plunge is... the probability of seeing $MJ sitting @ $4.00 is extremely slim (never say never)... you're numbers are completely random not to mention you haven't been paying close attention to the space my friend...
Weed stocks have been in a bear market for the past year (evident)... surplus & supply is drying up (corona)... we are beginning to bifurcate from the broader market (sales & revenue)... max pain already occurred (bottom)... cannabis is not only recreation it is also biological & medicinal (diversification)... many variables at play that put a bottom in at or around this level (= buy as much as you can)...
If Depression occurs... all bets off... mark this post...
Marijuana sales surge amid coronavirus outbreak
https://thehill.com/policy/healthcare/488588-marijuana-sales-surge-amid-coronavirus-outbreak
Long 420...
A massive shift to the demand side?... No doubt...
Long 420... $MJ
Marijuana sales ‘on fire’ as demand spikes amid coronavirus outbreak
Proprietors scrambling to meet demand, ramping up deliveries to customers spending more time at home
https://www.ocregister.com/2020/03/17/marijuana-sales-on-fire-as-demand-spikes-amid-coronavirus-outbreak/
California marijuana retailers see sales boom, but coronavirus forces them to address some store closures, new regulations
https://mjbizdaily.com/california-recreational-marijuana-shops-switch-to-online-ordering/
Calls for social distancing spark demand for online cannabis sales in Colorado
Dispensaries say this trend could reshape how customers buy marijuana in the future
https://www.denverpost.com/2020/03/19/online-cannabis-sales-colorado-social-distancing/
Coronavirus: Panic-buying marijuana? Long line seen outside cannabis club in San Francisco
https://abc7.com/health/panic-buying-marijuana-long-line-seen-outside-cannabis-club/6027883/
In $CVSI already...
On another note... looks like we may get an oversold market bounce here... market is turning... time to make some cash!... $$$$$$...
FOMO will take control now...
$MJ...
Noticing that some 420 stocks are slightly bifurcating from the broader market... cautiously nibbled on a few this morning...
I looked at $MEDIF... I like the stock a lot... went a little deeper in the extractor arena... I went with $VLNCF... I believe their clients are in a better position to grow... regardless... both are great plays...
On another note... nice call on Blue Apron!... nailed it!...
$MJ
The market is plunging and has been overinflated for the past few years... creative accounting and stock buybacks do that...
Macro events... not specific to any company... Over the past few months... smart money had the foresight to sell $GRWG... that simple...
It's not a conspiracy against $GRWG shareholders... insiders and institutions buy and sell all of the time... that's what the shares are there for... book profits...
The world is in lock down... the economy is collapsing around us on a daily basis... bigger fish to fry... Macro... $GRWG is a flea...
$GRWG
The market is collapsing and has been overinflated for the past few years... creative accounting and stock buybacks do that...
Macro not specific to any company... Over the past few months... smart money had the foresight to sell $GRWG... that simple...
It's not a conspiracy against $GRWG shareholders... insiders and institutions buy and sell all of the time... that's what the shares are there for... book profits...
The world is in lock down... the economy is collapsing around us on a daily basis... bigger fish to fry... Macro... $GRWG is a flea...
$GRWG
No signs of true capitulation yet... one more big flush with massive volume (volume is relatively light for a 2k point decline)... Eyeing Dow 18k level to begin accumulating... we'll see...
IMO we are close to a huge trading bounce...
MJ
Just breath... relax...
Earnings report due out later this month should bouy share price...
I believe this virus could be slightly positive for the space... especially $GRWG... Social distancing = more home grown & weed consumers buying as much as they can... $$$$$$
It appears cannabis companies may be benefiting from these troubling times... read a number of articles that point to a huge spike in retail cannabis sales...
Corona = Cannabis sales...
Amid coronavirus, Canadian cannabis stores see ‘unprecedented’ sales surge
https://mjbizdaily.com/amid-coronavirus-canadian-cannabis-stores-see-unprecedented-sales-surge/
$GRWG...
IMO we get a market bounce around here... not buying into it... sitting on about 50% cash... getting prepped for capitulation... more pain to come IMO... too much uncertainty... the variables have significantly altered the norm... who the hell really knows though?... lol!...
$MJ
$9.12... WOW!... but hey... what else is new?
I have one more buy in coming to average down ... need to wait for the market to turn and buy into strength... done bleeding cash... timing the bottom here has been very painful... caught the falling knife one too many time over the past 6 months...
I'm down big in 420 ETF's... the virus simply added more fuel to the fire... red is not a new color... we have been seeing it pretty much on a daily basis for the past year... yawn...
$MJ... Decimated!...
It appears cannabis companies may be benefiting from these troubling times... read a number of articles that point to a huge spike in retail cannabis sales...
Corona = Cannabis sales...
Amid coronavirus, Canadian cannabis stores see ‘unprecedented’ sales surge
https://mjbizdaily.com/amid-coronavirus-canadian-cannabis-stores-see-unprecedented-sales-surge/
$VLNCF
Cannabis stocks beginning to bifurcate slightly from the broader market... I see a some green upticks and positive net changes... amazing considering the Dow is down 2700 points... slightly firming... obviously a ton of value in the entire 420 space & general market...
Clearing out inventory!... this virus may ultimately become a positive in the end for the space...
https://www.leafly.com/news/industry/covid-19-restrictions-sparking-a-run-on-cannabis-stores
Either this is your fist market correction or you don't own large and mid caps... The largest and most profitable companies in the world are decimated... what makes $VLNCF immune?
GrowGeneration (GRWG) Vs. Scott’s Miracle-Gro (SMG) – Finding Value in the Potstocks Graveyard
https://grizzle.com/grwg-vs-smg-comparison/
Markets moving higher today on light volume... zero conviction = dead cat bounce...
They are selling into strength...
https://www.nytimes.com/2020/03/12/upshot/markets-weird-coronavirus.html
Any idea on when that coverage was initiated?... I may be missing it...
It's painfully obvious that numbers will be revised down across the board... $GRWG no exception...
From what I understand... we are looking at an approx 20% reduction in revenue due to the virus (all stocks)... and that's up to this point...
My opinion... though $GRWG may take a retail hit... I would have to believe personal sales will spike through the roof... though the the personal angle may not be as robust... they will at the very least mitigate any revenue hit... just a thought...
$GRWG
Very nice!... The packaging on the Aurora edible was like Fort Knox... lol!...
Unfortunately I'm in a dry state (NC)... all products purchased here are illegally imported from legal states (specifically CA)... would love to sink my teeth into those goodies...
I noticed the prices... wow!... cheap... Big premium on edibles and vapes here due to obvious reasons... I do get them from time to time... for some reason... I always migrate back to leaf... must be the casual cigar smoker in me...
Nice to put a voice to your posts... thanks for sharing...
$VLNCF
Dipped into the $2's... wow!...
Due to market conditions... I'm hesitant to even buy at these levels... Got a little crispy on my last buy (not too concerned)... I just hate to see profits evaporate...
Who the hell really knows?... throwing darts and catching knives... just dipping my toe in and accumulating..
Nibbled on some Blue Chip names this AM... I'm currently half cash... getting rocked on the other 50%... my retirement accounts are bushwhacked...
Dry powder is always ready to work!...
$GRWG
Fed to pump more than $500 billion into short-term bank funding, expand types of security purchase...
This is good news... not sure if it is enough stop the bleeding... throwing another bandage on the gash... if this fails... there isn't much more they can do except print more money...
$VLNCF
That is awesome!... I'm a big memorabilia buff myself... sports specifically... have a ton of NY Yankees stuff from the 1960's and up...
I happen to love unboxing clips... Do you post your unboxings on any social media?... I see them on Twitter & You Tube all the time... you may have some influencer marketing in you...
On another note... been in the market a long time... never seen anything globally quite like this... these are extraordinary times... historical indeed...
IMO... current events are setting us up for a macro global event... cryptic yes... tin foil hat... maybe... lol!... regardless... the timing of all of this is impeccable... think about it...
Last stop and buy... $1.20's... don't think we will get that low... however, in a market like this... you never know...
Cash is king!... it's a great time to buy...
$VLNCF
You're right on this...
I read a report last night that suggests a 20% revenue reduction across the board regardless of industry... and that was up to this point...
Billions lost daily... it will take a long time to recover from this... from what I understand... contraction is a definite possibility...
Though variables are different... this reminds me of 2001... it had that feeling from the start...
You got it happy!...
Agree... I think this is close to a bottom... Added more of this morning under $1.70... Christmas in March... what a great buying opportunity...
Lots of pain out there... the market is going crazy... I frequently trade futures... I haven't touched the $ES all week... the market is moving too fast... the fluctuations are crazy...
Thanks for the link!...
$VLNCF
No campaign... no agenda... just riding this incredibly deep trough and capitalizing on decades of trading experience... sorry to disappoint...
Not a LT holder in weed stocks... I have no interest... I will sell this off when my target is hit just like every other 420 position I trade and keep a small portion to trade around...
Bottom line... I don't plan on staying around long-term... only 420 plays I hold in size for the long haul are the ETF's and one common (whick kicks $VLNCF's ass)... On the ETF front... capital appreciation or depreciation, at least I get a decent divi for holding...
Sheep follow the herd... I like to think of myself like the Shepherd...
$VLNCF
I NEVER joke when it comes to $....
Good luck to you...
$VLNCF
Over 1/3 off the top... adds up when you own size... right?... wink... wink... Ouch!...
The writing has been on the wall for days...
Next buying opportunity coming... Dow futures breaking down...
IMO we break $2.00... $1.70 - $1.80... next area of interest...
Investors are bailing across the board.... smart $ is salivating...
I'm ready to add more if we get there, which IMO is likely... ;)
$VLNCF
Know what you own!
Regardless of temporary virus, economic or politic pressure... $VLNCF is will be huge!... Top extractor IMO...
Canada's most profitable public cannabis company
A vertically integrated group with global reach
Moving towards sales of higher-value distillate and white-label products
Not sure if this was previously posted... a good read...
The Valens Company: A global cannabis group, scaling up, and just beginning to show what it was 'made to do'.
https://www.proactiveinvestors.com/companies/news/913854/the-valens-company-a-global-cannabis-group-scaling-up-and-just-beginning-to-show-what-it-was--made-to-do--913854.html
$VLNCF
Lost me on this one Jim... got nothing... even had to search the word in Google... they're puzzled too...
To refute your statement... every point of view matters regardless of nature... no discrimination ... the are all very welcome over here... keep them coming!...
This is a public stock message board for $VLNCF & anything pertaining to $VLNCF questions, comments, and opinion...
Varying opinion and readers not agreeing with those opinions are not terms of service violations... personal attacks and off topic comments are...
Bottom line... this message board is for long and short assessment... not to be controlled by one person, group or either side of the market...
That's the problem... if people don't like what they hear, they sensor.... when they can't do that... they attack...
Good luck!...
$VLNCF
Deals scarce in bruised cannabis sector as risk-off sentiment prevails.
Oversupply means few companies are looking at making any purchases, even at these prices.
Need new informed investors firing off posts this board... the stock deserves it... held up like a champ through this media propaganda driven selloff... Complete BS!...
Hope everyone capitalized on the panic... locked & loaded!!...
$GRWG
I appreciate your posts and positive Chakras my friend... I will absolutely continue to post relevant 420 info regardless of poster opinion or feelings... not concerned with anyone but Ben Franklin when I'm trading...
Can't stand censorship either... people hide behind and weaponize it... the fake news and misinformation is getting ridiculous...
Open minded... informed and sensible... I like your style Happy... looking forward to hearing more from you too...
$VLNCF