Pot Stocks Smoking Higher — Markets Set to Cruise into Last Week of August a Winner

I cringe at the notion that news is moving the pot sector this morning. It’s more Canadian bullshit, if anything else. Our degenerate cousins from the north have always been mentally addled, ever since they lost the revolutionary war against America and fled north to escape the wrath of patriots. Loyalists scum set up a British protectorate under the crown and called it Canada, and today we deal with that chain of events. Had we defeated them in 1812 and conquered Canada, we wouldn’t have to deal with these issues, such as Canada Goose, LuluLemon, Nortel, Blackberry, and certainly not pot stocks.

Nevertheless, here is the news.

Tilray selected by the Nova Scotia Liquor Corporation to receive an initial purchase order for adult-use cannabis’ (43.86)

Co announced that it has been selected by the Nova Scotia Liquor Corporation to receive an initial purchase order for adult-use cannabis. The purchase order would allow Tilray, one of fourteen cannabis producers selected by NSLC, to supply the province of Nova Scotia with a diverse array of cannabis products in anticipation of the launch of the adult-use market on October 17, 2018.

TLRY, CGC, and CRON are sharply higher in the AM. I have my eye on another pot stock and will purchase it this morning. If you want to know, sooner rather than later, try Exodus.

We added a small feature to the FreestockAlgos page last week. Now you can see how many Exodus members are talking about your stocks. Best way to use that page without having to pay for Exodus is knowing what levels are extremely low and high — and then trying to discern if your stock is oversold or overbought.

Bottom line: I bank coin and help people do it all day, every day. For less than a cup of coffee a day, join the league of gentlemen and quit underinvesting in your success.

I expect markets will cruise higher today. I’ll be on the road for much of the day, traveling to and fro, taking in the scenes and eating a great deal. I will be checking into the Pelican Room from time to time to see what’s going on.