DAYUM! Part I should be read prior to consuming this scribe. Thanks.
On to the charts!
Please assume we own ‘em all / clients have a * / none of this is advice / we’re just shining a light on this generational opportunity.
And I know I missed lots of names. Shit happens.
U-S-A. U-S-A
$AYRWF: < 6X 22 EV/EBITDA, integration risks w LHS etc but…that flag. Yes please.
$CCHWF*: Cheap on comps & < ATH. Pro-tip: quality canna won’t be < ATH for long.
$CRLBF: Somehow still < ATH but don’t blink; looks like GTI before GTI’s blue-sky.
$CURLF: Wake me up before you GoGo, looks like Bojo gonna have some MoMo
$CXXIF* Joined the Board last week; excited. Am I still allowed to note, this?
$CNPOF: my sleeper pick of 2021, has not disappointed, so far.
$GTBIF: Bravo, Mr. Hunter. "Sir?" "You knew to shut up and enjoy the chart. Most eggheads want to talk it away. Your stock just went up a couple of points.”
$HRVSF: Leveraged to Zona / SAFE /lower cost of capital to repair balance sheet.
$TCNNF: Another flag about to wave high over F-L-A . W 3.5X Nat’l Rx Avg and the outsized elderly population, Tom Petty’s home is the cannabinoid capital of ‘murica.
$TRSSF: the 2020 % return winner is flagging in blue-sky, which is just Wild.
Canada
$CGC we sniffed this breakout a few weeks ago; this is a gorilla, you monkey.
$VFF: told you not to wake me until $20.
BIO / 3.0
$GWPH: High volume breakout, low volume retest, IHS-> $210 -> $350 -> $500.
^ was sent to clients this morning. Since then, Jazz Pharmaceuticals announced their intention to buy $GWPH for $220 in cash and stock.
Nice win / great fit w recent FAAH initiatives but feels light and I wouldn’t be shocked if others emerge; you know. The $350 kind. Maybe $500 kind. You only go once so gotta make it count.
But congrats Justin, Scott & Co. Always said you guys were the Amazon of Cannabis and there’s a big part of me that’s gonna miss the pure play. Follow the science.
I also included my boy here in the original version too but whataya know: Kryptonite finally came in.
$CRBP: Mind that Gap! Especially w 20% short interest.
Bonus (ran out of capacity; pull these charts as able)
$APHA: Canadians have flags too, eh?! ATH up @ $20 and no reason not above. $JUSHF: Jewish Sushi. Go figure.
$STZ: Cannabis is doing better. STZ owns lots of cannabis. This isn’t hard
$FFNTF* Mid-level major, reminds me of Gonzaga before Gonzaga was Gonzaga.
So, Todd, if FFNTF reminds you of Gonzaga ... who are the VCUs and George Masons, or even UMBCs out there that could pull off some of the biggest upsets in the history of March Madness aka US Reefer Madness? While my investments [appropriately] favor some of the aforementioned larger MSOs, hopefully a few of the little guys out there will have their One Shining Moment in the upcoming year or two and it's not just the heavy favorites who win every round in this tourney of generational opportunity.