A good week for the weed bull.

The sector as a whole resumed it’s upward trajectory and stayed within simple weekly trend lines.

The task force has delivered its report to the judicial ministry. It will be made public at an unknown date in preparation for proposed legislation (possibly this spring). There are rumors and accusations that the report’s contents were leaked last week and very favorable to the industry. That would explain the get in at any price circuit breaking stampede that we witnessed. High times are coming.

My 5 weeds will soon be 4 as there has been a buyout proposal. Another is slated for acquisition which will leave 3 monsters to dominate the space. (Washer’s monsters). This current M&A scramble so early in the game is a good indicator of what can be expected going forward.

Mr. Market is finally speaking to us. Price and volume are stabilizing. M&A pricing tells us what the corporate insiders think this is worth. Things are starting to make more sense.

Here are the weekly’s:

This weeks drama queen is being bought out at around $8.00.

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The big dog that is buying MT.

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The next buy out target. Rumor mill says ACB is eyeing it.

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The only weed down on the week. Just began construction on an 800,000 sq/ft expansion. Could be an epic squeeze ahead.

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Has huge amounts of freshly raised cash. Bound to do something wild.

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