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Marijuana Stocks Followed The Leader Last Week Tumbling 12%, On Average
Article By:
Lorimer Wilson
Sunday, April 14, 2024 6:20 PM EDT
The bad news from Tilray (its Q3 net loss increased by 128%} took a toll last week on the constituents of both the Canadian Cannabis LPs Index and the American Cannabis MSOs Index with all 12 declining by an average of 12%.
Cannabis Stocks Rally! What You Should Do?
$CGC obviously.
November Performance Of The Market's 15 Cannabis ETFs Ranged From +6.1% To -14.4%
You have seen the lows this year for these stocks... Good news! …. Massive short squeeze rally in cannabis stocks may be coming to a neighborhood near you!... short interest:
$CGC – 21.22% - Canopy Growth*
$ACB – 17.36% - Aurora Cannabis
$GWPH - 17.15% - GW Pharmaceuticals
$CRON – 31.27% - Cronos Group
$TLRY – 35.93% - Tilray, Inc.
$APHA – 14.70% - Aphria, Inc.
$HEXO – 13.74% - HEXO Corp
$OGI – 6.79% - Organigram
$VFF – 9.84% - Village Farms
$NEPT – 15.60% - Neptune Wellness
The hedge funds, vulture funds, and the hack money managers ARE SHORT, they SOLD SHORT BILLION$$$$. Even shares in the marijuana ETF's are sold short, ETFMG (MJ) Alt Harvest Fund ETF and Horizons Marijuana ETF SOLD SHORT. Well, there is a new Sheriff in town, he's called the long shareholders, show 'em who's boss and send these rodeo clowns packing.
WAY TOO MANY SHARES SOLD SHORT, THE SHORTS WILL HAVE TO BUY BACK BILLION$$$$ TO COVER...
The No. 1 Cannabis Stock to Own in 2019
Thanks @[Jason Hamlin](user:7817). I like $CGC as well. What do you think about #StemHoldings? Just read a good article about $STMH here: www.talkmarkets.com/.../stem-holdings-getting-in-on-marijuanas-ground-floor