Cannabis Stocks: Trends and Opportunities
Cannabis stocks ended the week of November 25th on a high note with most companies under Technical420’s coverage in positive territory, and some moving significantly off their weekly lows.
Although we remain cautiously optimistic, most stocks in the cannabis sector have come down from their pre-election highs. While many cannabis stocks are still attractive investments, recent volatility has caused us to exit several positions in Technical420’s Mock Portfolio.
We want to highlight several cannabis companies that have made significant price movements over the last week and will provide our thoughts on such movements.
Cannabics Pharmaceuticals Inc. (CNBX): We highlighted Cannabics in an article in 2015 and said the company appears to be an attractive investment opportunity due its proprietary cannabis capsule product as well as the intellectual property behind it. Cannabics is a biotech research company that develops its proprietary products out of its GMP certified laboratory in Israel and then licenses...
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