Bullish news for the cannabis industry.
Yesterday’s announcement of a movement towards cannabis legislation has been the best news for the industry since the listing of cannabis stocks. The THCX fund is newer and has a lower market cap then the MJ ETF, it also trades at a lower price making an attractive buy for retail investors. It’s holdings are:
APHA Aphria Inc 8.95% 603437
TLRY Tilray Inc 7.83% 333051
CGC Canopy Growth Corp 6.94% 172783
GRW. GROW GENERATION 6.44% 129468
GWPH. GW Pharmaceuticals P 6.16% 32626
VFF Village Farms Intern 5.96% 476411
CRON Cronos Group Inc 5.63% 514377
AMRS Amyris Inc 4.68% 444447
HYFM HYDROFARM 4.67% 62020
Technically speaking, yesterday surge In volume along with positive news is driving the stock higher. If we manage to have a positive close 1/4/21 this could be the start of accumulation, and a move to complete the rounded bottom and test the IPO price, here a cup and handle, or a continuation of the uptrend do to social media, new retail investors, hype, super positive outlook could form.
Holding shares
APHA Aphria Inc 8.95% 603437
TLRY Tilray Inc 7.83% 333051
CGC Canopy Growth Corp 6.94% 172783
GRW. GROW GENERATION 6.44% 129468
GWPH. GW Pharmaceuticals P 6.16% 32626
VFF Village Farms Intern 5.96% 476411
CRON Cronos Group Inc 5.63% 514377
AMRS Amyris Inc 4.68% 444447
HYFM HYDROFARM 4.67% 62020
Technically speaking, yesterday surge In volume along with positive news is driving the stock higher. If we manage to have a positive close 1/4/21 this could be the start of accumulation, and a move to complete the rounded bottom and test the IPO price, here a cup and handle, or a continuation of the uptrend do to social media, new retail investors, hype, super positive outlook could form.
Holding shares
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