Canopy Growth
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Retracement to $2, New High in July
IMO looks like a short term double top is in place.
Cannacord target should hit by Summer
Short term stuff here really doesn't interest me.
As an investor you (let your money work for you).
I used to be a short term trader (working for your money). That was quite profitable for a half decade but too stressful, now with a bigger line I can just sit back and relax.
GL all. Let's bank in July.
This is going to run like crypto in 2017
Pick a coin this is going to run like they did a couple years ago. Easy 1 billion - 2 billion market cap.
TG0D is heading to 2 billion market cap with no facilities completed until end of 2019. KHRN is way better and there is no way TG0D should be higher in valuation than us.
Going to run hard and soon.
Btw meant to say 'bro' not kid
No offense intended like the charts.
Cheers all (started drinking early today)
This is a million dollar trade kid
Doesn't get easier than this, except for when I bought Bitcoin at 1350 and sold at 16000 for shitloads of cash. Good luck
All Bitcoin profits on the line here
Bargain price for the Canopy of Latin America
Should have a great summer here, expecting some sideways action with an upward drift into Mexico legalization.
July could be big.
Got that pop you called at EOD
Very nice price action here, looks like the MMs are moving this towards $1 Billion Market Cap, which I believe based on share count of 100 million would be $10 per share?
ACB.TO went from $3 to $14 in 2018 within 2 months.
Good point, bet they hold for awhile
I would assume these guys want to cash out some shares at a multi billion dollar market cap.
Should be a big winner here. I have a large position in this stock.
Life changing profits hopefully
IMO $1 Billion valuation by July
May not peak until Mexico legalizes around summer.
$10/$12
Will check price in mid April, should be good
Long term hold here.
Looks like Vicente is getting us ready
Helix TCS looks like it will build a pipeline for Khirons products.
Great points steadykickin
100% agree on the strengths of management and low cost / high quality marijuana.
Hope we all cash out bigly here within a year
Added sub $3 USD
Fully loaded, lets shoot for $15 by legalization in Mexico by mid year.
Wealth Manager: Pot Stocks Will Mimic Crypto Bubble – But Won’t Crash Like Bitcoin
https://www.ccn.com/pot-stocks-crypto-bubble-wont-crash-bitcoin
Could Khiron get a Coca Cola deal?
I have to wonder... Canopy got 4 billion from Stellar Brands and Cronos got 2 billion from Altria... I compare the management board of Chronos and Khiron with Vicente Fox and the Khiron management team is more promising to me. Chronos is basically a group of College students that got 2 bil.
Vicente Fox has deep ties to Coca Cola Latin America, being the former President. Also big capital from other existing industries in Mexico might make a play.
This could be huge. I'll take the gamble here for life changing wealth.
In that case a multi hundred stock
With the low float a Mexican middle class demand for shares + washed cartel capital... pretty brilliant insight on your behalf.
I personally think Canopy can run to 200+ almost like NVDA did in 2018, if we get Canopy and Tilray in the multi hundreds then it sets the standard for others to follow.
I'm not selling this one too early. Holding with an Iron fist.
This is a great idea
55th Mexican President Vicente Fox on Khiron Life Sciences Corp's (CVE:KHRN) Corporate Strategy
5 Billion seems logical
Okay
A $3 billion valuation = $40 ?
Valued similar to Cronos Group or Tilray?
Nice! I may add more next week
POLITICS Mexican Senate Report Lays Out Marijuana Legalization Considerations
https://www.marijuanamoment.net/mexican-senate-report-lays-out-marijuana-legalization-considerations/
Mexico's Lopez Obrador favors drug legalization if crime drops
By Renzo Pipoli
https://www.google.com/amp/s/www.upi.com/amp/Mexicos-Lopez-Obrador-favors-drug-legalization-if-crime-drops/5681550598342/
I hope there isn't a buyout
though because after reading this article
https://www.forbes.com/sites/kriskrane/2018/04/25/cannabis-cultivation-will-be-a-race-to-the-bottom/#59e93b324184
I'm leaning towards Khiron becoming the second largest weed company only second to Canopy within the next 2 years.
A 3 billion valuation would have the share price at $40 ?
https://seekingalpha.com/article/4242311-khiron-life-medical-marijuana-latin-america?page=5
Also how is Canopy going to compete with Khiron in a couple years when Canopy is having to pay $15 to $20 an hour for labor in New York and Canada versus $2 per hour in Columbia and Mexico?
Also the price per gram of dried flower in Columbia costs Khiron like .35 cents versus over $1 in Canada.
Canopy may be expanding into New York for future large scale indoor grow ops but the labor costs are huge, infrastructure costs are huge, taxes are YUGE and operating costs are YUGE.
With Vicente Fox on board and his commitment to ethics and his business connections (like ShootinBlanks just posted) I'm very solid with this investment outlook here. Life changing IMO.
Khiron could be worth $3 billion
... if valuing by it's 17.5 hectares in Colombia comparing to Chronos Group (11 hectares) and Tilray (35 hectares).
Interesting thoughts from an article published today
Khiron Life: Medical Marijuana In Latin America
Bullish article regarding Khiron
Cannabis Cultivation Will Be A Race To The Bottom
Snippet:
With the end of prohibition will also come potential access to international imports. The company that operated the aforementioned greenhouse in Arizona, which focused on winter month cucumber and tomato production, was recently put out of business in large part due to the proliferation of large-scale commercial greenhouses in Mexico, where labor and operating costs are substantially lower. Mexico is already making moves to allow the production of medical cannabis. Meanwhile, Colombia has begun licensing cannabis cultivators for export, and has stated its intention to be the largest exporter of cannabis in the Western Hemisphere. Once federal prohibition has come to an end in the United States, producers in these countries will look to import into the largest market in the world. The same market factors that have decimated the domestic production market for greenhouse-produced vegetables and cut flowers will likely eventually be at play in the cannabis market, as well.
Not sure on Brexit effect, but ...
That's neat you're in Europe, hoping that's a fun time experiencing the cultures there.
I agree that is a potential Black Swan type event, but I also think that the market could drift to all time highs and beyond until the election, providing a solid support to continue this marijuana rally into next year.
JPMorgan's Kolanovic Says S&P 500 Rally Might Last Through May
Could be bullish for at least 3 months leading up to Mexico legalization ? Unless Brexit black swan as you mention.
Volume on the TSXV is out of this world
Life changing stock here!
"Set it and forget it"
Don't want to sell this one too early, this is an early retirement stock.
Told ya
Adding 10,000 more then I'm full
Will sit on them for awhile. GL all.
Yep cheap labor and < $1 per gram
Profit margins will be huge, low labor cost as you stated, and LOW costs of greenhouses versus huge expensive climate controlled facilities in Canada.
Can take months to get more 100,000kg green houses up versus years in Canada.
I locked myself out of my account so I can't trade this i.e. sell too early.
IMO this runs hard and puts a top in around May 2019. Can easily see $15 in a few months.
May 2019 price = $15 minimum
Gap fill my azz, undervalued big time
Going straight to $15
This is a Mexico legalization play
This company is pre earnings
Google is great btw.