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Pack this shit in. Its over.
You forgot one thing, we made a bunch of money on Canapy
Canapy was a gold mine
So did I.
Guys I think the money to be made with pot stocks has come and gone. What do you think Boris?
Like Boris said you win some and lose some. Sounds like he did pretty good. I not going to argue with success.
No the game is not over but its close. Glad I got out when I did. Fire up a Doobie and kiss my ass.
"Pot to the People, Cannabis for All"
Emerald 600K in trading vol. Way up. What do you think is going on?
Don't hang by your thumb nails. I still think emerald is pissing in the wind. There just isn't enough vol to keep this thing going. The good news is it makes for a good fire sale.
By the way that's a lot of major Problems you pointed out. But I'm sure they can turn it around.
Well since you got so much money why not buy some more shs. With this trading vol. you could buy enough to start an upward trend.
2 things have got to happen to make this work. First Canada has to ease up alot on its stupid ass regs which are making it difficult for the pot companies to compete with the black market. Second US has to pass the States Act. Bottom line government has to get out of the F---king way.
88K trading vol. Emerald is, well you know what I mean. Or maybe you don't so I'll just say it. Emerald SUUUUUUUCKS!!! Glad I got out when I did. Took a loss but if I stayed in, holy shit out the door. Ooooh!!!
106K, Damn. You got money to burn. I like people that got that kind of money. The floor is yours.
Vol up to 186K emerald on a run. Could this is it the moment you have been waiting for. The excitement is so intense I can't take it. Oh one little thing I overlooked in my excitement,, the price. Sorry.
91K in trading vol. that's pitiful.
Lets put this in perspective. The blue chips trading vol. is between 2-29 mil. emerald is $129,000. Nobody gives a rats ass about emerald.
Nobody is shorting emerald. Emerald is not worth shorting. Its the blue chips getting shorted. Nobody gives 2 shits in hell about emerald.
Short sellers made 200mil in 2 days. Their killing it. I just wish I was one of them.
If you have not dumped this piece of shit by now, try Gin and Tonic.
Short sellers cleaning up.
I stand corrected should have said your Money good bye.
Your in dream world. The short selling is whats affecting the market. If your not on the American exchange by end of year you can kiss your ass good bye.
We're not here to be nice we're here to make MONEY!
https://www.fool.com/investing/2019/09/16/heres-what-aurora-cannabis-said-that-should-have-t.aspx
Important read. This is what I'm been talking about.
Oh is that what is was. Damn I thought it was pretty good. LOL
Kush, tell us how you really feel!
UPDATE: Five reasons to buy cannabis stocks at these attractive levels
2:04 pm ET September 10, 2019 (MarketWatch)
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By Michael Brush, MarketWatch
There's potential good news ahead, which could quickly change sentiment in the marijuana industry
Cannabis stocks have sent investors on a wild ride in the past year.
Shares in the burgeoning industry had halved by the end of August compared with a year earlier, when they were pushed higher by bullish sentiment. Canopy Growth (WEED.T) and Tilray (TLRY), two bellwethers, had plummeted even more -- by 54% and 64%, respectively. The popular ETFMG Alternative Harvest exchange traded fund (MJ) had fallen 45%.
But cannabis investors, take heart. Cannabis stocks are about to get higher valuations. That's because the selling became so extreme last month, marijuana stocks hit capitulation lows Aug. 28, the Bear Traps Report's (https://www.thebeartrapsreport.com) Larry McDonald wrote on that day.
He suggested investors take opening, one-third positions in the ETFMG Alternative Harvest ETF as a contrarian bet on the group. McDonald made a good call, even if he stopped short of saying go all in. Since then, cannabis stocks have rallied nicely.
But they have more to go. Capitulation lows are blow-off events in which most of the losers and weak hands finally throw in the towel. As such, they can punctuate a bottom by clearing the negativity, and serve as the starting point for a sentiment reset. All the bad news -- and there is plenty of it -- seems to be priced in. Yet several catalysts loom. They will continue to fire up sentiment.
Cannabis stocks do not have the insider buying I normally like to have on my side, but they're disliked enough to give them the out-of-favor contrarian profile I like to see to put names in my stock letter, Brush Up on Stocks (http://www.uponstocks.com).
Here's a look at what's gone wrong -- and what could go right -- to continue driving marijuana stocks higher, even if it won't be straight up.
Catalyst No. 1: Branded edibles begin to take off in Canada
A big knock on cannabis companies is that weed is a boring commodity, much like corn or wheat. This is such a common gripe, it's a mere cliché by now. But publicly traded cannabis suppliers do need to break out of commodity jail. To do so, they have to learn how to be to marijuana what Coca-Cola (KO) and Pepsi (PEP) are to sugar water. They have to develop powerful brands in higher-margin derivative products such as edibles, vapes and drinks that consumers love.
They're about to get their first big shot on goal in Canada, which has been paving new ground in legalized cannabis.
Until recently, Canada had only approved the sale of bud, oils (tinctures) and gel caps. Now that's changed. Canada recently cleared the way for legal edible products, vapes and cannabis drinks. They will start hitting the shelves in December. This development -- and the buildup to it between now and then -- will generate a lot of buzz among cannabis investors, and shift the sentiment needle back toward bullish. That will push cannabis stocks higher between now and year-end, and beyond.
"We will see a slew of new products hitting the market," says Korey Bauer, portfolio manager of the Cannabis Growth Fund . "We think this is going to be massive for these companies."
"I'm personally really excited about edibles legalization in Canada," says Motley Fool investment analyst Emily Flippen, who studies the cannabis space. She says it will give companies the chance to sell higher-margin products, and shake off their commodity status. The edibles and vape breakthrough will also broaden the appeal of cannabis among consumers.
To understand why, consider how popular these products are in the U.S. market. Derivative cannabis products -- as opposed to plain old bud -- account for roughly 60% of sales in the legal U.S. markets and a disproportionate percentage of growth, says Stifel analyst W. Andrew Carter.
In a follow up column on cannabis names, I'll present the companies most likely to benefit from the changes in Canada and the all-important brand development opportunity coming down the tracks as a result.
Catalyst No. 2: Trump (potentially) comes to the rescue
Political analysts claim to be unsure about President Donald Trump's views on cannabis. But there are plenty of signs that Trump doesn't have the typical New Yorker's "live and let live" outlook. He hired (and then fired) an attorney general who vowed to enforce federal prohibition of cannabis. Surgeon General Jerome Adams just published a scathing report on the very real health risks of weed, which I have also written about (http://www.marketwatch.com/story/marijuana-investors-are-forgetting-about-legal-risks-faced-by-cannabis-companies-2019-04-23). Trump himself is donating part of his salary, about $100,000, to fund a media campaign on marijuana risks.
At the same time, though, Trump loves being president. So he is going to do what it takes to stay in office. That may mean a quick reversal on marijuana. Democratic presidential candidates are tripping over themselves to endorse progressive views on weed legalization. It would be just like Trump to undercut them by deciding to work toward legalization, or endorse states rights on the issue. Such a high-profile tactical move by our teetotaler president would boost sentiment on cannabis stocks, driving them higher.
Catalyst No. 3: Companies get more venues to sell their wares
Marijuana smokers love their bud tenders. "People really like to go to stores and see the product and talk about what it does," says Bauer at the Cannabis Growth mutual fund. "It is crucial for these stores to educate people on what they are buying."
In other words, the number of stores is key to sales, and it turns out there aren't enough of them in Canada. But that will soon change. Canada has recently conducted lotteries to license stores to developers. "The store shortage is going to be corrected," says Bauer. "We think this is going to be absolutely huge in the next 24 months. As more stores roll out, this will be a tail wind for licensed producers."
The Canadian market is the key piece of the puzzle here because virtually all of the publicly traded cannabis suppliers are based in Canada, selling into that market. They are loathe to sell in U.S. markets since that would violate U.S. law, which could get them kicked off their stock exchanges.
Catalyst No. 4: Less Sturm und Drang for the industry
A big reason why marijuana stocks have been weak is the perfect storm of disasters that hit this summer. It's been enough to put the enthusiasm of the most ardent bull in couch lock -- and that's exactly what happened.
-- The supplier CannTrust was caught growing in illegal labs. That helped push the stock down to $2 from $12 a year ago. A lot of investor wealth and enthusiasm got burned in the process. "It really shook confidence in the sector because they were considered safe and vetted," says Todd Harrison, the chief investment officer at CB1 Capital, which invests in the industry.
-- Suppliers Canopy Growth, Tilray and HEXO (HEXO.T) all reported lousy quarterly results. So did Charlotte's Web , which sells cannabidiol (CBD) for purported medical use.
-- Canopy's board kicked out CEO and marijuana-sector apostle Bruce Linton in a surprise move that shook a lot of investors.
-- Quebec announced tight restrictions on edibles based on concerns they might appeal too much to children.
In short, investors got rattled. That's a bunch of bad stuff at once, and in a kind of mean reversion to the norm, a stretch of time without a lot of disasters will heal the wounds, and boost sentiment toward the group.
Catalyst No. 5: Investors get clarity on the regulatory front
The cannabis sector is a regulatory briar patch. In the U.S., the drug is illegal at the federal level but increasingly legal among states. The FDA discourages CBD-infused products, yet they continue to be readily sold and openly promoted on Facebook (FB) and Twitter (TWTR), complete with exaggerated and false claims of medical efficacy. Canada legalized derivative products, but Quebec said "not so fast" to sweets that would appeal to children.
Progress toward regulatory clarity in any of these areas will reassure investors and boost enthusiasm toward cannabis stocks.
In the U.S., a proposed Secure and Fair Enforcement (SAFE) Banking Act would let banks legally get involved in the sector. A proposed Strengthening the Tenth Amendment Through Entrusting States (STATES) Act would recognize the legalization of cannabis in states. No one expects those bills to be approved soon. "But as long as they are moving in the right direction, the market will see this as a positive catalyst," says Bauer.
As for Quebec, Flippen at the Motley Fool thinks the province might not harsh on sweetened edibles as much as a lot of investors believe. "I think it is all going to come down to packaging," she says. "Quebec may allow edibles that are sweet, but packaged in way that does not appeal to children."
Then there's the Big Lebowski of breakthroughs in weed regulation -- legalization at the federal level.
"It's not a matter of if, but when, the federal government legalizes," says Flippen. Former Republican House Speaker John Boehner, who is on the board of the cannabis company Acreage Holdings , "continues to say that representatives are coming around to legalization," says Flippen. He sees legalization or decriminalization on the federal level by 2020 or 2021.
Progress here would really light up the group.
At the time of publication, Michael Brush had no positions in any stocks mentioned in this column. Brush is a Manhattan-based financial writer who publishes the stock newsletter, Brush Up on Stocks (http://www.uponstocks.com). Brush has covered business for the New York Times and The Economist Group, and he attended Columbia Business School in the Knight-Bagehot program.
-Michael Brush; 415-439-6400; AskNewswires@dowjones.com
(END) Dow Jones Newswires
I Agree and if the Canadian government would ease up on their stupid dumbass regulations these companies can compete with the black market that's still going strong. The black market isn't hamstrung by a bunch of dumbass regs and shit. They can produce and make a profit. Until the legal companies are on a level playing field with the black market they will be hard pressed to turn a profit anytime soon. That being said the legal market is still a formidable opponent on a worldwide scale and with the right politics theres money to be made especially if the dems take control of the senate (which is doubtful); however, not all is lost. If Trump wins re-election I think he will push to legalize pot on the Federal level( which he said he was in favor of however with the election looming, to do it now would bolster the dems who are already pushing for it). I believe it will happen after the election which would be a boom for the Canadian pot companies.
Stick with the Blue Chips they are the only ones that can go the distance. Right now they are prime for the picking.
"Pot to the People Cannabis for All"
My sources tell me that there is a lot of investors that shorted the "Pot Stock" market,(The Blue Chips), months ago. I think what your seeing is the short sellers cashing in. We just got to hang on through the end of the year for things to turn around. Unfortunately I doubt emerald was one of those getting shorted. Emerald is just, well you know what I mean I'm not going to kick a dog when its down.
"The House of Pain". I told my doctor it only hurts when I think about. He said "Well don't think it." Ohhhhh
No need to get nasty about it you might wet your pants. Hell emerald might be a good takeover target. But $179mil aint shit compared to the billions the blue chips got.
"Pot to the people Cannabis for All"
Heres some info for you. Compare emeralds market cap, trading volume, and cash on hand to the ones trading on the US exchange.
I only say that because I read an article today from a reliable source that
said by the end of 2019 only the big boys would survive and the rest would die off. That meaning the ones with substantial cash war chest and market capital. I'm just passing info along not to put emerald down but its something worth figuring into your calculations. For the record I didn't short emerald I got shorted by emerald took a loss and put it in another company.
Does emerald have the money to go the distance?
Guys I don't mean to sound so negative and I really hope it works out for everybody but things just don't add up for this company. They look impressive from the outside but nothing ever materializes. You read all these great things that they got this license that license etc but it doesn't go anywhere. I wish you guys the best. Remember
"Pot to the People Cannabis for All"
Emerald is all dressed up but going no where. They are the cockroaches that are going to get smashed.
In your dreams. Dump this shit and go with the big boys.