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MindMed 'Ark' of technologists
Perhaps an Easter egg of sorts, hinting at being included in the AARK funds as a long term outlook.
If it breaks 3.50CAD, can slide deep. Opportune re-entry if so.
For quite sometime. Its very Forrest Gump'esque right now. "RUNNNN MINDMED RUNNNN." The braces are off.
Here comes the gut check
Limit order is in, see if it gets filled. This would be the last nibble. Bringing this position to 5%, of my portfolios 10% max speculative plays. Capped out now, unless I decide to skim something off the top and sink it back in.
Tough decisions to buy here, or wait for a little dip. This one has a lot of positive backing to drive things up further, who knows. Perhaps one should enjoy some Zoomers and see into the future....
What does that work out to? Somewhere between 2% - 4%?
God damn AB. Thanks my friend :).
Aurora Product Presence
As a Canadian, I'm personally having a hard time finding Aurora product on the online stores.
The AlbertaCannabis.org (aglc) site carries the main competition in their stores, but ZERO Aurora product. A lot of the other sites are the same. Some what unnerving.
Aurora can really jump in and save the day if they can get they're production ramped up.
Vendors that are running into issues with their suppliers may look toward other avenues to fill their shelves. Aurora can steal a lot of supply agreements.
Article: Cannabis Shortage Looms
https://www.cbc.ca/news/business/legal-cannabis-shortage-looms-1.4845816
You’re ignoring the fact that personal growth is likely just raw bud. Which in a gross weight perspective, yes is far greater.
Most medical clients likely purchase oil for consumption. Of course these numbers would be far less due to the higher concentration and potency.
Yea, I hope that big uptrend end of day is just a closing pump for a morning dump.
I like to have a coffee before my morning dump first at least.
101% increase based off what original value?
This has to be the take off point. This thing is far into OS territory @ 29.8.
Just waiting for a strong buy signal and this ship will start to load up.
Something positive.
I live in Alberta, and this week heard my first public announcement on behalf of the Alberta Provincial Gov. announcing the coming changes to the laws encompassing driving under the influence due to Marijuana over the radio. I can only expect this type of formal info being spilled over onto Television as well, if it hasn’t already.
It’s just a waiting game. Too much effort has been put forth by the Provincial Gov’s in preparation for this big change. If this dies in Parliament.... I would be surprised.
See the Canadian chart close. Big price jump.
It hasn’t been fully approved. It still has to pass a third and final vote in Senate. That comes in the beginning of June.
These aren’t the questions you’ll get answered on an iHub board my friend.
Everything is speculative at this point until legalization is voted in.
More like Western Canada. North Western Canada to be specific.
What scares me is people who’ve invested their retirement in this. It will likely play out, but if it doesn’t...
Question is, does this run up a bit tomorrow and recover, or do we see a new low prior a long weekend?
Setting the stage for next week!
I can’t see iHub being a key indicator of a stock. IMHO
Rec MJ will come for sure. May see another delay at most.
Far too many provisions have been taken Provincially in preparation for a Federal movement. Not to mention the economic impact it would have on business that’s been setting up here in anticipation of it. Jobs creation is huge in this “budding” industry.
It would make the government look like a bunch of clowns..... Not that they aren’t slightly clowns already.
Distrust kills business. Scrapping legalization at this point, would do nothing but this.
I’m likely selling a large portion of my position if we go below 8.50CAD. If it breaks below that, there’s no telling where it settles.
Rounding up Senators to make the vote for 630
Cash on hand for a deep dive tomorrow.
Listening in, things are fairly negative.
Id like to see it below 10 on the CAD side.
This stock reminds me of a teenage kid who’s still sucking his thumb - Just won’t mature.
A shit company to be listed on SP500?
I would keep this thing down too if I knew I could get in cheaper before Monday.
Saw this article on the Canopy board.
How credible the source is, is another story. Regardless, figured I’d re-post here.
https://www.ganjapreneur.com/timeline-for-canadian-legalization-gets-murky-as-senate-pushes-for-drugged-driving-bill/
I don’t think there’s near enough volume to move this thing into a bullish upward mover.
We’re green for the last two weeks though.
Slow climb back is good.
Really keeping this thing below 9.
Get some solid news, this pot will start to finally boil over.
Stronger on the Canadian side today. Staying above yesterday’s close.
I full well agree with what this company has done and achieved thus far.
No other business in this space compares to the Aurora aggressive, confident behaviour. Which in-part has instilled the same attitude in their share holders - myself being one of them.
We still need take the aforementioned in stride.
Until financials have been published, and government settlements/bureaucratic bullshit has finalized, this old girl is going to swing like a kindergarten swing set. Short term investors will ride, initiate and benefit from this sector the most.
This business needs to prove itself before big investors are vested. We need to see consistent strength and low volatility.
Be savvy, be smart and don’t be greedy. Learn how to play this market in this interim period, investing your gains.... Prior to this being a long term gainer.
My Little Pony full sleeve?
I never get too excited on these runs anymore. Usually a swing.
What’s our RSI sitting at?