No position yet, sub $40 this thing is a strong buy IMO. It'll go through some churn this summer if the market re-prices, but then off to the races. Dips are an opportunity to put capital to work here, options for the pot stocks themselves. Grow Gen debt something to watch out for. New Mexico just legalized, the U.S. is hard & fast going to press the federal government as each additional state comes online. You can't buy marijuana grow equipment at Home Depot, so one of these Grow Gen stores will anchor that dead mini mall in your neighborhood. I live in Colorado, don't smoke weed, but there's a ton of CBD, hemp, pet options and use-cases by having this stuff legalized on the medicinal & recreational fronts.
Commentaire:
near bottom of channel, looking good. awaiting confirmation and a little more vomiting. Would love a massacre here in a few sessions, if it breaks the basing trend line, rolling into puts. could get ugly before it begins to rally...