TREES Corporation (CANN)

[Buck Russell]

Virtually all of my experience is on the APO side of investing, so I'd just have a stock, forget about it for a while, then sell it later. :D So, disclaimer, I'm not the chart/trend guy some of you are.

But from the beginning of this run from below a buck, I've always felt like $10-$12 on election day is the number. I think it's highly probable that we get hit with some awesome quarterly, then a short time after that, here comes the news of the acquisition. I know they've got that money earmarked already, but, sometimes these deals take time, even if it's a slam dunk. I think an announcement before the election, while awesome, is unlikely due to the time it takes to close on these things.

After the election I'd think there'd be a bit of a slow growth period before the really explosive stuff happens. In 2014, Amendment 64 went into effect in January, and it was some months later that CANN really went nuts, even though there was increased activity immediately.

Of course, I'm basing all of this on the previous MJ explosion, and this one is far greater than that in a number of significant ways. Back then it was this new, novel concept. So one could easily make the case that $20 is on the table the week of the election and there's plenty of arguments to back that. Conservatively speaking though (which kills me because I'm totally a count my money already kind of guy), I feel $10 soon, $30+ later. :D