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Motely Fool playing both sides again.
These guys completely suck imo.
I'm thinking that's a smart move.
Gotta wonder how Trudeau is coping.
Don't think he could have delayed much longer and still reaped the benefit if he were to run again.
The Boston area is great.
Modern day tea party?
I've always liked Boston. Now more.
Seriously?
Nice.
LMAO... during Thanksgiving dinner.
So disappointing. It's happened on our watch.
Being offered what we're getting either way?
I know, someone freaking pinch me.
Imagine looking through the want ads in 1971 and seeing this:
"Toronto company hiring part-time workers to smoke marijuana".
LOL... Wish I had a time machine I'd print a thousand copies of this article and have them materialize about 1000 ft above Time Square and watch them rain down.
A family gathering in desperate need of a good tweak in more than a few homes...Lol.
Man if I could time travel I know just the ones I'd revisit with that one.
gltu
Press release is short on specifics.
Thanks DB. We're at a likely bottom.
Now we just need to move up.
You're US chart is what I'm using also.
Support is around the $37.35 level. We've tested it four times in five days and it's held. The next support is the 200 day MA.
It could go either way Monday. If we keep bouncing off it we'll be establishing a new bottom equal to our January and August highs, a bright spot in an otherwise miserable pull back.
Spot on..
It's good to remember these medications help families, it's never just one person that's affected.
Medical professionals are scientists.
A few doctor friends, one who oversees clinical trials for Immunotherapy cancer treatments view cannabis as a home remedy at best due to a lack of supportive science. The few times I've asked their thoughts they're defensive/irritated and its clear they get asked frequently. One has a daughter with fibromialgia she swears by it.. go figure.
Patient's medical demands have outpaced the science.
Empirical results like Bill Caldwell's, regaining appetite after chemo and all the others clearly show the benefits. It's really fallen to Canada, Israel and other countries with evolving cannabis industries to drive the science so it can catch up.
Our investments fund that change. Couldn't agree with you more John. Cheers!
An old soul who gets it. Great melody.
That works after a down week...:)
Bruce said 1st yr.rec would require 400,000 kgs.
The government estimated 750,000 kgs. Looking like the government could be closer. Agree the check should be very good.
Black market weed headed towards a quick death.
Seeing the RSI reversing upwards.
We've tested the $37.25 range three times in four days and the price has held.
Our January and June highs in the $36-$37 range are now forming our new base/low. Which is great. The pullbacks from those two highs earlier in the year were tough.
Expect the recovery will be slow but it looks to me like we've turned the corner.
That's way more than most have done. Kudos to you.
Thanks for the link.
Love it.. great adventure with a beautiful ending.
LOl... you're living an envious life John.
Wonder if Cronos was ever able to build their facility there.
Good article. Serious users in Israel 25%+
Never would have guessed that. A stressful place to live so guess you'd need something to chill.
Thanks John!
The volatility is truly brutal.
Agree CGC is going to continue to be a winner for years.
Had discounted the Rec component as a market we wouldn't see growth in anytime soon beyond Canada due to the stigma and strong opinions against it, but now think differently.
Medical and wellness will cover the majority of new products and be where these companies will be most profitable.
All here know these things and it gives some comfort while we endure these horrendous swings. GLTU HR
Agree.. looking forward to blowing the critics away.
Nice article... Thx
I'm expecting strong sales and news.
Sounds like a good plan.
Watched it, STZ said CGC would retain control.
Have also seen management change their minds.
If STZ ends up with over 51% it's purely at their discretion unless they spin off the medical side which Bruce has also mentioned as a possibility.
Have no negative position on what could happen, it's looking to be a very positive relationship. Also can't be naive in thinking the relationship won't have it's share of problems. jmo
Guessing several weeks to creep back to $50 US.
This time of year is when we usually see a seasonal move upward so maybe a return to the 50's will be a bit quicker.
So hope your right HG. gltu
STZ gets you more price stability.
The portfolio swings to the down side are becoming too painful.
GLTU!
Yesterday could be the new bottom.
The highs of Jan. 10th (35.88), and June 22nd (36.55) when projected out on the one year chart suggests we have resistance at approx $37.25.
Could be the new bottom if it doesn't break and hold below that resistance. Long term we're golden regardless imo.
Sands becoming Chairman isn't a step down.
He said he was focused on the strategic future and have no doubt that includes Canopy. They are an excellent partner for the beverage side and there's a lot in that sector to keep someone busy.
As long as Bruce and his team control the medical side, CGC and CB should have huge gains and lead both sectors imo.
Thanks DB.
Absolutely share that concern HR.
Looking pretty good so far today.
Lets hope it's not a repeat of Tuesdays "head-fake" reversal.
Exactly, Pre-Tiray Aurora was the "overvalued" poster child.
Started buying here just before the Bedrocan deal. When the Mettrum deal was announce my posts were all about how we were overpaying on our end.
Fast forward, it's now Spectrum our flagship global medical brand, which will likely evolve into one of the top medical suppliers.
In time the Cannimed and MedReleaf deals will probably put Aurora in a similar position.
Absolutely, we've seen the increase in M&A talks.
The same reasons valuations have been difficult for Analysts, are the ones management teams are struggling with when looking at buying a stake in a Cannabis company.
At some point valuations will be agreed upon and pent up demand will drive an increase in completed M&A's.
Cannabis companies don't want to sell themselves on the cheap so the low share prices we're seeing may not help to move M&A activity.
Yes, any positive news could reverse our trend.
Don't really think it has to be about CGC to do it.