TLRY & CGC | Technical and Fundamental Perspective For CANNABIS
The problem with TLRY , CGC and other Cannabis companies is that they are all waiting for U.S Senate approval and to be legalized.
Actually, they are below their fair value.
The actual Cannabis companies cover 3% of the market.
If the Senate will legalize cannabis the whole market will jump.
It is calculated that they will have an increase in the actual demand by 6 times higher.
They are also expanding in Germany and Netherland lately after cannabis legalization.
One of the biggest problems is that big institutions like banks can not add cannabis to their portfolios as long as it is not legalized.
The banks have major equity when it comes to investing.
This equity will be used by the companies to increase investments.
So just keep it in your portfolio if you have patience and can wait until it gets legalized.
Thank you and Good Luck!
The problem with TLRY , CGC and other Cannabis companies is that they are all waiting for U.S Senate approval and to be legalized.
Actually, they are below their fair value.
The actual Cannabis companies cover 3% of the market.
If the Senate will legalize cannabis the whole market will jump.
It is calculated that they will have an increase in the actual demand by 6 times higher.
They are also expanding in Germany and Netherland lately after cannabis legalization.
One of the biggest problems is that big institutions like banks can not add cannabis to their portfolios as long as it is not legalized.
The banks have major equity when it comes to investing.
This equity will be used by the companies to increase investments.
So just keep it in your portfolio if you have patience and can wait until it gets legalized.
Thank you and Good Luck!
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
✅MY Free Signals
t.me/TradingPuzzles
✅Personal Telegram
t.me/KlejdiCuni
✅YouTube
youtube.com/@TradingPuzzles
t.me/TradingPuzzles
✅Personal Telegram
t.me/KlejdiCuni
✅YouTube
youtube.com/@TradingPuzzles
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.