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Thursday, 02/11/2021 1:41:14 PM

Thursday, February 11, 2021 1:41:14 PM

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FYI What Happens at the top also occurs at the bottom! Hold on to your hats because things about to get REAL Baby!!!!!

Cannabis stocks soar as Reddit crowd that spiked GameStop jumps in, Tilray surges 50%

Shares of Tilray, Canopy Growth, Aurora Cannabis and Aphria soared on Wednesday.
The group of cannabis companies are garnering attention from the same WallStreetBets Reddit army that contributed to the epic short squeeze in GameStop last month.
Part of the discussion on Reddit has centered around the pending merger between Tilray and Aphria.
The cannabis companies have also gotten a boost from the Democratic Party’s intentions to legalize the plant at the federal level.
WATCH NOW
VIDEO00:37
Reddit attention helps spur cannabis stocks
Shares of a handful of cannabis stocks surged Wednesday, the newest set of targets from the Reddit trading community betting on the federal legalization of the plant under the new Democratic administration.

Shares of Tilray soared 50%, bringing the stock’s year-to-date gain to more than 670%. Canopy Growth rose 6%, adding to its 110% rally in 2021. Aphria popped 10%, adding to its 280% gain this year. Aurora Cannabis rose 20%, bringing its year-to-date rise to more than 120%.

WEED STOCKS SURGING
TICKER COMPANY PRICE %CHANGE VOLUME
CGC Canopy Growth Corp 41.46 -20.529 23097376
TLRY Tilray Inc 38.6596 -39.5093 144750545
ACB Aurora Cannabis Inc 15.35 -18.8689 59085721
APHA Aphria Inc 19.5547 -25.6475 74257967
CRON Cronos Group Inc 12.64 -18.7138 19141801
The group of cannabis companies are garnering attention from the same WallStreetBets Reddit army that contributed to the epic short squeeze in GameStop last month. Several posts on the social media forum show users expressing optimism about the stocks’ upside.

?$TLRY $APHA calls since 1/5/2021 got me to over $500k today. Still think it has much upside,” one Reddit post said.

“Weed about to make me a millionaire in 2021,” another post, with more than 107,000 likes, said

https://www.cnbc.com/2021/02/10/cannabis-stocks-soar-as-reddit-crowd-that-spiked-gamestop-jumps-in-tilray-surges-25percent.html

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