If this went to 25 cents part of me wants to buy 100,000 shares LoL I wouldn’t be able to sleep at night
Canopy class action incoming:
Canopy Growth Corporation (NYSE:CGC)
CGC Lawsuit on behalf of: investors who purchased June 21, 2019 - November 13, 2019
Lead Plaintiff Deadline : January 20, 2020
TO LEARN MORE, VISIT: https://www.zlk.com/pslra-1/canopy-growth-corporation-loss-form?prid=4637&wire=1
According to the filed complaint, during the class period, Canopy Growth Corporation made materially false and/or misleading statements and/or failed to disclose that: (1) the Company was experiencing weak demand for its softgel and oil products; (2) as a result, the Company would be forced to take a CA$32.7 million restructuring charge due to poor sales, excessive returns, and excess inventory; and (3) as a result, Defendants’ statements about its business, operations, and prospects, were materially false and misleading and/or lacked a reasonable basis at all relevant times.
You have until the lead plaintiff deadlines to request that the court appoint you as lead plaintiff. Your ability to share in any recovery doesn’t require that you serve as a lead plaintiff.
its bullshit. every cannabis company has multiple suits being brought against them.
There are several for sure, Aurora just had a couple class actions heading their way.
Fucking medmen at 39 cents yesterday!!!
Added to my WeedMD and Trulieve position.
And Trulieve drops 25% based on a short report.
WHEN WILL THE KILLING END
probably a buy opp on them. one of the strongest US plays.
They fired back with a statement and an increased lock down period. Stock shot back up
Well NY will not be legalizing this year, not that that is a surprise.
Still adding to my positions, about $200 a month.
Split between Scott’s Miracle Grow, Constellation, MO, Aphria, Canopy, Cronos, GW Pharma, Cannabix, WeedMD, Medmen (haven’t bought, just holding), Trulieve
Considering Eve and Co again
As of last week have started investing in the psychedlics psilocybin/ketamine/mdma sector.
Starting with MindMed, promising ibogaine and microdose LSD studies but I assume all money I put in this stock will go to zero.
Waiting on Numinus & Compass Pathways to invest heavier into the sector.
4 posts were merged into an existing topic: Game Over (Game On?) for Financial Markets?
Posting this so I can finish reading it later
yeha MMEN sucks and i entered way too early.
with that being said the last week has been very strong.
I have had at least 2 dozen individual stock days up double digits… that probably didnt make sense…
anyways, one of my holdings has tripled since last week but im in at $0.18 and its only back up to $0.04 so still sucks but the volume is coming back strong.
I thought I was smart getting in at 1.50 LOL it’s at 30 cents
can’t win em all
How about those Canopy earnings?
They did much better than expected! Though I’ve been out of the major players in the weed game for sometime now
Pretty sure medmen is dead lol nice tax write off
Still holding cannabix, weedmd, and trulieve
Trulieve killing it, should have bought more.
I put some money in the psychedlic sector, we will see what happens.
Dumped all my weed stocks, Trulieve luckily put me in the positive.
Dumped that money into Mind Medicine, up 1100%, cashed out lol
Shroom stocks are the next big thing.
After Mind Medicine pulls back I will jump back in.
I added Compass Pathways to my speculative portfolio.
These treatments are real.
tickers please
The fact that we can’t name shroom tickers off-hand means there is still opportunity.
MMEDF - shot up a few hundred % in the last two weeks, one of it’s addiction trials has been going well and there is a potential NASDAQ listing.
CMPS - already listed on the NASDAQ, the biggest and most well known psychedelic medicinal company.
I cashed out a couple shares of mindmed yesterday and bought a couch! Money on sidelines to jump back in.
Could this be our next weed boom??
so yo… i guess the silver lining of the blue senate win is that weed stocks are running pretty hard.
TRUL has been on fire for the past few weeks. i knew it would do so but i havent really done anything to my portfolio in months other than spend some of the dividend proceeds from the year on PLTR.
I heard something about NYS and weed happening soon, but it wouldn’t be the first time. Rumors of more states using weed to boost tax income because of the pandemic are all over the place.
Cuomo’s state of the state address might mention something about it.