Cannabis (BK2997) Stock Forum and Discussion

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Cannabis Watchlist

The Cannabis concept includes major US-listed cannabis producers.

121.961
+2.947+2.48%

Close Apr 26 16:00 ET

122.842High119.057Low

Constituent Stocks: 22Top Rising: GNLN+21.61%

SpyderCall

Mar 28 04:25

When is it Time to Short Weed Stocks?

$Tilray Brands(TLRY.US)$
Long-Term Downtrend
Based on the long-term trend, I feel like we might see a good short opportunity in pot stocks soon. Of course, I could be wrong, and the bottom in pot stock could have already been printed. Personally, I will need to see a little more upside before I can be confident.
Strong Short-Term Rally
So far, things are looking good, and this rally is showing no signs of slowing down. Aside from being overbought, there is no...

SpyderCall

Mar 28 02:27

When is it time to short pot stocks?

$Tilray Brands(TLRY.US)$$Canopy Growth(CGC.US)$$Cronos Group(CRON.US)$$SNDL Inc(SNDL.US)$$Village Farms International(VFF.US)$$Cannabis(BK2997.US)$

DanDha

Mar 27 17:08

Cannabis stocks skyrocketing!

Looks like everyone's high on legalization prospects. Even though the "Cannabis Act" is as clear as smoke, folks are still expecting a green wave for the industry. It's a mixed bag on the Act's effects. Might bring market highs, but the legal haze? That's still a buzzkill. Investors, keep an eye on the trends!
$Canopy Growth Corp(WEED.CA)$$Cannabis(BK2997.US)$ 📈

sdfrgfhjj

Mar 27 16:35

Are cannabis stocks undervalued?

I’ve been watching Tilray, Trulieve, IIPR, and others for a while.

They haven’t really stopped falling since the hype around 2021. Tilray and Trulieve are at some of their lowest levels ever with Tilray below $2 (was at $29 in 2021).

How low can they go? It seems their latest earnings are slipping but someday weeds going to be legalized and there should be a ton of capital flowing their in.
Are cannabis stocks a buy at their current prices?
$Cannabis(BK2997.US)$$Tilray Brands Inc(TLRY.CA)$$Trulieve Cannabis Corp(TRUL.CA)$

FiveHundredCents

Sep 19, 2023 15:16

Pot Stock Rally Burns Short Sellers for $105 Million

A surge in shares of cannabis companies has saddled short sellers with more than $105 million in losses this year, but that hasn’t stopped traders from betting against the sector.
In the last 30 days, short sellers have plowed $91 million into new positions betting that pot stocks will decline despite the paper losses, according to a report from S3 Partners LLC. The contrarian trades are taking place as cannabis companies are rising on hopes th...