I would like to introduce you to an interesting cannabis stock, which has good potential from a technical point of view.
Cannabis stocks should belong in every speculative depot :)
The area could currently represent a closed wave (4). So now there is the chance to trade an impulse. This is not a swing trade or day trade, but a long-term idea for your portfolio :)
The scenario would no longer be possible if we fell below 15.32. The safe type can also wait for the chart to reach 23.30. If this level is exceeded, my scenario is 70% applicable. I personally dare to start at this level. I put an SL under 15.32.
I have invested in Canadian pot stocks before and they historically have not done well within the last 3-4 years. many which have reported millions upon millions of profit with literally no value on the stock market. possibly because the money is not showing up in the right account? who knows really? I do know that California and Colorado will do well enough with Marijuana sales but states like Illinois and the Midwest will probably not need to necessarily worry about marijuana coming from California as largely of a demand in the coming future. Growing is legal in the Midwest and I know many people that grow indoors and outdoors. But, Good for Curaleaf. I know people that buy their products but I also know where to get a more affordable product as well. it's hit or miss.
I think the future of marijuana is not on the stock market at all. but, that's just my opinion.
I think the future of marijuana is not on the stock market at all. but, that's just my opinion.