MARIJUANA: HERE’S HOW INVESTORS SHOULD THINK ABOUT THE FDA’S WARNING ON CBD $APHA $CGC $CRON $NBEV $ACB $MJ $TLRY $GTBIF $KSHB $GWPH $SMG
The U.S. Food and Drug Administration has thrown a big impediment in the way of marijuana investors.
Before discussing the FDA’s move, let’s build some background with the help of a chart.
Please click here for a chart showing segmented money flows in 16 popular marijuana stocks.
Note the following:
• Smart money flows are neutral in Aphria APHA, Canopy Growth CGC, Cronos CRON and New Age Beverages NBEV.
• Smart money flows are mildly negative in Aurora Cannabis ACB.
• Smart money flows are negative in marijuana ETF MJ.
• Smart money flows are negative in Curaleaf CURLF, Liberty Health LHSIF, MedMen MMNFF and Tilray TLRY.… Please click here or the title below to read more.
November 26, 2019