Supreme Cannabis On Track For 400% Sales Growth For 2019
The Blunt Investor | Inside The Lucrative Cannabis Industry
by Jason Bagg
5y ago
Based on its most recent update, Supreme Cannabis (FIRE.V) appears to be on track to reach its goal of 25 flowering rooms by March 2019 for its 7Acres Facility.  This should produce revenue growth of over 400%. The company announced it has completed 19 flowering rooms as of December 2018.  Further anticipating the opening of additional rooms by: January 2019 – 3 additional flowering rooms February 2019 – 1 additional flowering room March 2019 – 2 additional flowering rooms This will bring the total to 25 flowering rooms and a total of 300,000 square feet in its 7Acres Facility and a ..read more
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Is It Time To Buy Cannabis Stocks?
The Blunt Investor | Inside The Lucrative Cannabis Industry
by Jason Bagg
5y ago
As a stock investor it has been impossible to miss the wild volatility of the Cannabis sector in 2018.  So is it time to buy these companies?  I have two words for you – Inevitability and Optionality. First though some perspective is in order.  Looking just at overall performance for 2018 misses the drama of what occurred in 2018.  This past year saw wild gains up to around the time of legalization of recreational marijuana in Canada and then a painful selloff ..read more
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Cannabis Stocks Outperform The Market In The First Day Of Trading
The Blunt Investor | Inside The Lucrative Cannabis Industry
by Jason Bagg
5y ago
As goes January so goes the market is an often quoted saying by traders.  While it is to early to know what the rest of January will bring, the first day of trading has gotten off to a solid start for the cannabis sector.  The ETFMG Alternative Harvest ETF was up a solid 5.93% on the day.  The S&P 500 had another wild day and opened down over 1% before charging higher to a near 0.50% gain before retreating to a minor 0.12% finish.  Meanwhile the cannabis stocks opened higher and remained positive throughout the day ..read more
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