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Are Pot Stocks Still In Consolidation?

The Pot Stocks Are Still In Consolidation! Cannabis stocks have been riding a wild rollercoaster this year. Legalization in Canada and increasing public awareness in the US is pushing the companies’ valuations to the extreme levels. Nevertheless, it is the most speculative industry on the financial market this year and thus, the prices go up…

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Canopy Growth – Shopping time #2

The first time we reviewed Canopy Growth Corporation (WEED.TO) was at the end of April this year. The stock was about to complete a triangle pattern which successfully revolved to an exceptional breakout. See here. That was the first great time to acquire some shares. We believe that now it is a second favorable opportunity…

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Why Are Marijuana Stocks Dropping?

Why are marijuana stocks dropping right now and what shall we do about that? The year 2017 was an extraordinary year for cannabis stocks, many of them doubled, tripled, quadrupled; the big caps like TSE: WEED or TSE: ACB started to record significant revenue increases while lowering production costs. From a trading perspective, the cannabis…