Growgeneration Corp (GRWG)

[remember my name]

Good morning ! I finally see a U shape bottom forming in the one week and one month chart.
I can’t get to excited yet but I believe 17ish has plenty of support.
Cannabis sector hung in there and made a rally late in the day .
We need a catalyst and hopefully bank reg or decriminalization is in the works .
We could get a oversold bounce . That’s what I m hoping for . The sector is way out of line
With the future . Yes cannabis pricing has come down but that should be short lived .
To produce better quality and more yield you need hydroponics .
It took Cali 5 years to kind of mature. It will take another 5 years and more
For New York. Pa conn to mature . This story just begun .
Once regulation come into play . The government sets a mandate to
Collect taxes and police the black market . This will allow Cali to live again . .
Prices will firm up .

Now I’m looking for bounce and then the waiting game begins .
Hopefully tax selling end soon too .
Btw. Yesterday they talked about ton CNBC that All the hedge funds are shorting high flying stock bc
Of tax loses causing tax selling .

I’m on Vaca
So happy thxgiving