Canopy Growth (CGC)

Pulled the trigger on this one for 500 share @ $48.46.

Their purchase of C3 in Germany will help build European growth. At least that's the idea.

Tread carefully here.  CGC is overbought just like TLRY and CRON and look what's happened to them.  Take a look at HEXO.  Owned by Molson/Coors Beer so how can it fail?

There's supposedly some inside fighting going on @ CGC as well. That's never good.

I see HEXO has been looking for a CFO for few months. They have someone in a temp role but I wonder why they can't pull the trigger on him or someone else. Any idea as to why Goose?

I don't have any answers except I'm convinced Canadian Cannabis is the right sector to be in right now.  The DJIA has just declined for the fifth straight week — its longest weekly losing streak in nearly eight years.  That's crazy.

 

I bought HEXO at $8.00 a share and now it's down to $5. and change.......Be careful !!!