Cannabis stocks started off 2019 with a bang, but sold off hard in the spring. The remainder of 2019 was a house of pain for anyone who invested in the industry. Fast forward to 2020, and the usual suspects are starting to gain momentum.
The easy trade here is likely $MJ. The usual suspects are $GWPH, $CGC, $TLRY, & $CRON. Speculative names like $NBEV are popping off hard. This move for the group will likely carry into the week. Keep the space on watch.
Here are your early runners, courtesy of Exodus: CLICK HERE FOR CHARTS
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RC, consider $OGI on that list.
PS, Geaux Tigers
I really like harborside (HSDEF) in the cannabis space. Sells for cheap and they are the premier retailer and whole seller in the Bay Area of California. I have CGC, IIPR, HSDEF and a few other small lottos
Investing in nasty drugs. Brilliant. One day you will walk into your kids room and they’ll be smoking a bong. Karma.