Canadian Cannabis Stocks Rise 75% In The Last Month
The Canadian Cannabis Sector is on fire lately, especially this last week.
The Marijuana Index - Canadian follows many of the Canadian publicly traded companies and tracks them in this index. The index has performed very well over the last month, it has gained 75% and is at all-time highs now. The index has gained 40% in the last 2 weeks and part of that was a significant rise during this past week.
I remain bullish on the Canadian Cannabis Sector going into and for the remainder of 2018.
You can get more info in our News Letter at Invest In MJ
We provide coverage on the Cannabis Industry, opportunties and more.
What do you think about TRTC? It's finally been moving up I've been a bagholder for 2 years.
I don't follow the stock or provide coverage on it, so I can't comment on its fundamentals, however, the stock price is climbing and could hit $0.50 soon as next resistance. The sector is hot and the tide lifts all boats, so you should be able to break even or even profit from it, but holding Canadian Licensed producers have been the most profitable in the last year, that is what I mainly focus on.
Cali legalizes jan 1. You should be able to recoup the next few months. I expect some strong runs in the OTC MJ stocks
@kairosflow , yes the US stocks on the OTC have started to rise and that will continue for the next 2 years... just make sure those OTC companies have an actual business and earnings. Many of the real companies in the US that are publicly traded are on the Canadian Exchanges, where it is easier to raise capital and get awareness. I am reluctant to look at most of the OTC companies because of the bad rap the Pink Sheets get, but some will do quite well. We provide coverage in our newsletter at http://investinmj.com.
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