Tag: cannabis investing
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Cannabis stocks set for a reversal?
I love to look for beat up sectors. From a fundamental perspective, perhaps there are deals out there waiting to be made. From a technical perspective, all markets move in cycles. Nothing moves in an uptrend forever or a downtrend forever. When I find beat up sectors that meet my technical criteria, I get excited.…
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HEXO (HEXO.T) surges 20% after it raises $57.5 million “to do stuff”.
To be blunt, Hexo is selling $15 pizzas with food-costs of $40. It’s not a great business model.
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Hexo (HEXO.T) Aurora (ACB.T), Organigram (OGI.T) shareholders totally bewildered by this common colour
To be a shareholder in Hexo (HEXO.T) Aurora (ACB.T) or Organigram (OGI.T) over the last 8 months, is to gain intimacy with pain, humiliation and their kissing-cousin abject despair.
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CBD Investor Alert: antelopes, hail and disease are destroying hemp crops
Investor Alert: Buying shares in a “vertically integrated hemp company” means that you are now in the farming business, subject to the whims of Mother Nature. Recent events in Nevada, Hawaii and Oregon, remind us what a bitch she can be. Hemp – and its expensive derivative CBD – has moved from health fad, to…
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Aurora Cannabis (ACB.NYSE) shareholders are true winners
“Show me a good loser, and I’ll show you a loser,” stated Vincent Lombardi (1913-1970), head coach of the NFL team, the Green Bay Packers. Inverting this logic, bad losers must be winners. Which means Aurora Cannabis (ACB.NYSE) shareholders are the biggest winners in the world. Because they are extremely ungracious in defeat. “Aurora is…