The Odd Couple II: Charts

Chewing through the cannabis landscape

Click here to read The Odd Couple: Part I

Note: assume we own ‘em all / clients have a *

US Cannabis

$AYRWF: Blue sky, still cheap and super-extended; should knock on the tier 1 door, pro-forma

$CCHWF*: 2nd largest footprint after $CURLF / comps well vs. ‘22 / breaking out of the weekly flag

$CNPOF: my dark horse for the year, reports this morning.  Heavy cash position; best days ahead as it focuses on U.S opps.

$CRLBF: Don’t let Veruca Salt burp.  Charlie & his cannabis factory are enjoying blue skies on massive volume.

$CURLF: Jeezums, one chart looks better than the next; BoJo JoBa & Co doing the blue sky dance too.

$CXXIF*: remember that C21 bull flag?  Yep, me too. 

$CWBHF: Charlotte’s Web is best-in-breed in a saturated CBD space; starting to wake up technically.

$FFNTF*: lots and lots of prints on the offer, of late.  Feels like ATH’s sooner v. later

$GTBIF: “Can I have 100 million marbles please?”  Sure, come on it.  :-o

$HRVSF: continues to grind higher @ 52-week highs.  Helluva comeback for the Cactus Kid.

$TCNNF: fresh blue skies after consolidating on lighter volume.  Textbook. 

$TRSSF: JW will see that 850% and raise it 400%.  New all-time high, to boot.

$MSOS: NYSE-listed US Cannabis ETF we advise; AUM a/o last night: $907M, not bad given it launched 9/1/20.

There are more U.S names: $VEXTF $SLGWF $PLNHF $INDXF but moving on…

Canadian canna

$CGC expects to be in the US by yr-end.  The implications (for the space) are massive.

$VFF Our fave CAD name / only CAD core, kissing that ATH we’ve been pointing to.

$APHA: remember last wk when I said, “no reason APHA doesn’t -> fresh ATH?” 

BIO

After the GWPH takeout last week, we allocated as follows:
1. sprinkled right-sized seeds across the 3.0 farm system.
2. edged our U.S cannabis "FAANG" allocations higher.
3. left a GW trailer + May $250 fliers lest there’s a higher bid (doubtful)
4. squirreled some powder for fresh meat (Verano, etc).

I’m gonna miss you, sucka. Big-time. The Amazon of Cannabis. Thank you for showing us the way to 3.0, or efficacy-driven solutions.

That’ll do it for today; good luck out there and stay smart peeps.

/positions
/advisor some*