Canopy Growth Corp T.WEED

WEED correction flatlines

[smallcaptdr]

WEED has pulled back from recent highs reached on hopes of the US changing laws but nothing happened, What's going to drive the cannabis sector now?  Hope that Germany changes the law but is that enough to be bullish? ACB and TLRY are continuing to trade lower. Have a great day!

[Chefboy69]

some werid short stuff is still going on the entire sector.. It is still the most shorted sector( and for good reason) in the whole market I currently am tracking a few tickers i own..I KNOW shorts are in control of and when they decide to release from their clutches and turn bullish is when these stocks will fly IMHO

[Chefboy69]

and if you like at a chart..it hasn't pulled back..it consolidated and now is prepping for anothe run this is why so many shorts are here posting... good luck..regardless of what side the trade you are on

[geodcan]

Why would you expect change when the vote to get anything done has only got tighter.   Canadian LPs are backing off of Canada in favour of the US and Canopy is even flirting with "it's better to ask for forgiveness than permission" route. There are too many players and too much supply in most places and that needs to be sorted out. The cartels and HA are still active